Topic: Emotions dealing (Read 1501 times)
It is natural for a human being to have emotions. God created us with emotions. So just because there will be emotions, it's not like we can't control them. In business you can think a lot through emotion, but thinking and doing are not the same thing. Whenever a situation presents itself to you, you will have an opportunity to make a decision. Then you may want to ask your conscience or discuss it with the people in the business whether a decision you have made is really the right one. If you want to control your emotions, you can write down your emotions and write down the losses that you may incur in the future because of those emotions, then you must get a message in your head that if I act on emotions, I will do a lot of damage and so on. You can avoid emotions in business and in your other work. You must avoid emotions when you realize that if they cause you any great harm then it will be easier for you to let them go. So I think you should write down your thoughts to yourself and sit with them for a certain period of time. Because other people's thoughts may not agree with your thoughts and their suggestions may not work for you, so find out your own problems to control yourself and try to solve them.
Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.
How to avoid emotions:
Note:Some of these might not be applicable if you are into scalping.
When we intend to trade in something we must be careful not to be overly emotional. If we are too emotional then we will suffer in this trade. Control your emotions and trade with patience. Patience is very important when we trade anything because if we trade in something and if we suffer for any reason if we don't have patience then we can't trade in that later. When you trade you must have enough knowledge about the trade the more knowledge about the trade the more successful you will be. In the case of trade, some luck works many times. If we trade, if luck is good, we get success in a short time. How to avoid emotions:
- set up a TP(take profit) and SL(stop loss) for your trades
- Stay away from the particular trade
- Get in some activity that will keep you busy
- Do your hubby activities at that moment
- set up hours interval to check your trade
- watch tvs and Go for walk
Note:Some of these might not be applicable if you are into scalping.
Emotional regulation is crucial for business success, as it prevents poor decisions and is the deadliest enemy of businessmen. Emotion instability can hinder business engagement, and those struggling with emotional instability should learn to manage their emotions before engaging in business. Decisions are not made by emotion, and to develop a successful business, it is essential to make decisions with a clear mind and careful consideration, rather than relying solely on emotions.
Emotional have advantage and disadvantage so it can be if advantage in some certain aspects while becoming a big hindrance in other aspects. It is very important for us to learn how to control our emotions so that we don't get deluded by our own mistakes. If we look at business, we need to be strong and not allow our emotions to affect our decisions if not, it can get worse and we might not get to where we intend to reach. Business should be strict and different from the normal ways we treat things around us. Those that do not take their business seriously could easily crumble it due to emotions. 
Emotional regulation is crucial for business success, as it prevents poor decisions and is the deadliest enemy of businessmen. Emotion instability can hinder business engagement, and those struggling with emotional instability should learn to manage their emotions before engaging in business. Decisions are not made by emotion, and to develop a successful business, it is essential to make decisions with a clear mind and careful consideration, rather than relying solely on emotions.
Emotional have advantage and disadvantage so it can be if advantage in some certain aspects while becoming a big hindrance in other aspects. It is very important for us to learn how to control our emotions so that we don't get deluded by our own mistakes. If we look at business, we need to be strong and not allow our emotions to affect our decisions if not, it can get worse and we might not get to where we intend to reach. Business should be strict and different from the normal ways we treat things around us. Those that do not take their business seriously could easily crumble it due to emotions. 
Normally emotions are not something you can easily control, Mostly when it comes to trading aspect, But it doesn't mean you can't control and over come it. Emotions are one thing that mostly brings lot of losses when trading. humans are Emotional beings .Mostly anger,For instance some one trading and they were in profit, then later on the market move in a way that made Them being in loss. That is when the emotions will start to overwhelmed the person even if the person have good knowledge about trading. As long his emotions have started to overwhelmed he or she there is a high chances that the person will start jumping in to trading without planning, With bigger leverages that will increase his liquidation. And through that process greater losses will start coming in.
We deal with our emotions and we know ourselves better than the others. If we know how to deal with our emotions as we trade, you only have a few enemies left with your trades.Because the hardest enemy is ourselves and you can't do that on your own when you're easily triggered by your emotion.
So the best way to handle things once you see your emotions getting the best of you during losses. just close the trade and go offline. Than trading and losing with emotions.
Easily said than done but reality won't make them go offline quickly when they're regretting about that trade they make and it's almost a win that they're about to close but turned oppositely. Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.
How to avoid emotions:
Note:Some of these might not be applicable if you are into scalping.
How to avoid emotions:
- set up a TP(take profit) and SL(stop loss) for your trades
- Stay away from the particular trade
- Get in some activity that will keep you busy
- Do your hubby activities at that moment
- set up hours interval to check your trade
- watch tvs and Go for walk
Note:Some of these might not be applicable if you are into scalping.
people who have never traded at all, will not be able to know what it's like to have a lot of pressure that makes it difficult for them to think clearly, especially when the market is volatile. controlling or diverting emotions in trading has become something that professional traders always do in order to make their final trading results profitable, emotions are always something that quite often makes traders fail in making decisions, mastering emotions is neither easy nor difficult.
People cannot succeed in business because of their wrong decisions and most of the wrong decisions are due to human emotions and their anger. Traders who make decisions with business thinking in mind make very few mistakes in their decisions, but those who do not have business knowledge but have the ability to make decisions on their emotions will never succeed in their business, whatever the trader may be. A businessman must be a person of utmost patience, never a businessman becomes too greedy. Every businessman should try to solve all problems with a smile no matter how many problems he faces in his business.
If a businessman concentrates on his business by avoiding emotions and anger, he can become a successful businessman.
It would be better to decide something for the good of the business or whatever. We cannot make decisions in an emotional state because this will be a bad thing for the business or trade that we do. Every person who makes a decision in an emotional state, of course the decision they make is very likely to have no impact either on them or the business they run, so it is very important to be able to control emotions when making a decision so that there is no regret in the decision we make. Yes, everyone who has been successful in the business they have built will of course be able to control their emotions under any circumstances so that they always make the right decisions according to the plans they have made. If a businessman concentrates on his business by avoiding emotions and anger, he can become a successful businessman.
Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.
How to avoid emotions:
Note:Some of these might not be applicable if you are into scalping.
Trading is meant for the working class individuals and not some random jobless individuals that his ultimate target is having steady means of income from trading. Most professional and new traders agree that trading is challenging. There are phases which generate positive results, and then there are phases that produce disappointing outcomes and frustration. All of the information provided has significance to a trader. They are nevertheless disciplinary measures that need to be implemented if one want to reduce the trading losing percentage. I'm more enthusiastic in the part of the report where you discussed establishing TP and SL because it will also spare you from substantial losses and liquidation. How to avoid emotions:
- set up a TP(take profit) and SL(stop loss) for your trades
- Stay away from the particular trade
- Get in some activity that will keep you busy
- Do your hubby activities at that moment
- set up hours interval to check your trade
- watch tvs and Go for walk
Note:Some of these might not be applicable if you are into scalping.
People cannot succeed in business because of their wrong decisions and most of the wrong decisions are due to human emotions and their anger. Traders who make decisions with business thinking in mind make very few mistakes in their decisions, but those who do not have business knowledge but have the ability to make decisions on their emotions will never succeed in their business, whatever the trader may be. A businessman must be a person of utmost patience, never a businessman becomes too greedy. Every businessman should try to solve all problems with a smile no matter how many problems he faces in his business.
If a businessman concentrates on his business by avoiding emotions and anger, he can become a successful businessman.
If a businessman concentrates on his business by avoiding emotions and anger, he can become a successful businessman.
Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.
How to avoid emotions:
Note:Some of these might not be applicable if you are into scalping.
Everything that you have pointed out is very much valid & I second, but the first thing that will allow you to apply all these is a tried and tested strategy!!How to avoid emotions:
- set up a TP(take profit) and SL(stop loss) for your trades
- Stay away from the particular trade
- Get in some activity that will keep you busy
- Do your hubby activities at that moment
- set up hours interval to check your trade
- watch tvs and Go for walk
Note:Some of these might not be applicable if you are into scalping.
I say strategy because many of us wouldn't know where to apply the stop loses or where to take profits because our strategy is about guessing or eyeballing the charts which leaves room for emotions to come in and in the end it's nolonger trading but gambling!
Normally emotions are not something you can easily control
Agreed , Especially if one is a losing trader, emotions will be everywhere!!To be shielded from emotions trade mechanically based on what the strategy says and all the noise and fear will be cancelled out.
Quote from: seanskie18
Emotional regulation is crucial for business success, as it prevents poor decisions and is the deadliest enemy of businessmen. Emotion instability can hinder business engagement, and those struggling with emotional instability should learn to manage their emotions before engaging in business. Decisions are not made by emotion, and to develop a successful business, it is essential to make decisions with a clear mind and careful consideration, rather than relying solely on emotions.
Emotions has reduced many traders to nothing in the community, because they refuse to eliminate emotions whenever they want to trade their coins in a particular period without carry out their personal research to know how good the market price will be in the future than to be carry away by emotions of the new price. There is no way you can apply your tactics in crypto trading and miss it in the future, but if you apply emotion in buying crypto or selling crypto in the market, I think it will not help you to grow financially in the community until you change that attitude of emotion. Your decision in the bullish or bearish market will determine what you will achieve in the future, because you cannot decide to buy low in the market and you will not reap a good income when the price hit higher.
Emotional regulation is crucial for business success, as it prevents poor decisions and is the deadliest enemy of businessmen. Emotion instability can hinder business engagement, and those struggling with emotional instability should learn to manage their emotions before engaging in business. Decisions are not made by emotion, and to develop a successful business, it is essential to make decisions with a clear mind and careful consideration, rather than relying solely on emotions.
having emotions is really natural, but as a business person, one should be thinking logically not based on emotion, thats why you've seen many businessman out there that did real business despite getting condescending word from their customers, they would always reply with smile because they know such thing wouldn't matter so much if they just ignore it and go on with their business.business is all about being realistic, a slight influence based on emotion may incur harm towards the business doesn't matter if its a big problem or small problem a problem is a problem.
thats why if someone can't really control their emotion in business, just find other field where they can earn from, like becoming employee or such, even becoming employee requires you to be able to manage your emotions.
I think getting professional with the trading can help. Getting away from the trade just to hide emotions is not gonna help because you could end up loosing vital time point where it was time to sell or buy. The auto buy and sell can only set specific value but not the one that was close to changing the course of your trade.
It’s better to learn trading professionally where you know exactly what to do and when to do. All these emotional trading etc is just way to distract ourselves. If you are trading then you are playing with your money. That itself should be enough to keep the focus on right trades.
It’s better to learn trading professionally where you know exactly what to do and when to do. All these emotional trading etc is just way to distract ourselves. If you are trading then you are playing with your money. That itself should be enough to keep the focus on right trades.
In the first place, we don't need to be professionals to earn money in trading; as long as you have basic knowledge about trading, it's impossible not to experience profit there. Why me, not in lifting myself up if it's a chair? Although I'm still in the learning process, at least I can understand a little bit about trading here in crypto.
My state is still far from becoming a professional trader in crypto trading. But somehow I get a profit from my trading activity here in the crypto space—not always, but I get something.
But your goa should have a professional level when it comes to trading, because if you attain that state, you can secure earning every trade. Maybe now you are earning, but we never know. I also experienced that. I used to trade aimlessly, and one time I faced capital loss, so I changed my strategy by doing copy trade, but it also didn't do well. It's more reliable if you yourself follow your own analysis. I still don't consider myself to be professional; I'm still in the process of learning more, even from my mistakes, I admit. What I'd also learn is don't settle for less, or what you know right now about trading can be expanded, so don't stop learning even if you are earning from it. I take inspiration from the well-known crypto traders, I admire them, and I take motivation from them. So keep striving to be in a professional state.
Emotional regulation is crucial for business success, as it prevents poor decisions and is the deadliest enemy of businessmen. Emotion instability can hinder business engagement, and those struggling with emotional instability should learn to manage their emotions before engaging in business. Decisions are not made by emotion, and to develop a successful business, it is essential to make decisions with a clear mind and careful consideration, rather than relying solely on emotions.
If a person cannot make right decision due to failure of controlling his feelings and emotions then he should wait for a while and start research on it because if you take forward step without investigation then your emotions can play bad role in your success. In every business person should be calm and there should be no space for feelings or emotions because once feeling interfere with your decision then there will be a possibility of collapsing your business.If you get the complete knowledge and understand things well then you can control your emotions because you will know what will happen next but without learning if you initiate any business then you will completely utilise your emotions in that business. person cannot hide his emotions completely as this is only emotions which move you towards a successful business but try to control emotions of greed during business success.
Normally emotions are not something you can easily control, Mostly when it comes to trading aspect, But it doesn't mean you can't control and over come it. Emotions are one thing that mostly brings lot of losses when trading. humans are Emotional beings .Mostly anger,For instance some one trading and they were in profit, then later on the market move in a way that made Them being in loss. That is when the emotions will start to overwhelmed the person even if the person have good knowledge about trading. As long his emotions have started to overwhelmed he or she there is a high chances that the person will start jumping in to trading without planning, With bigger leverages that will increase his liquidation. And through that process greater losses will start coming in. So the best way to handle things once you see your emotions getting the best of you during losses. just close the trade and go offline. Than trading and losing with emotions.
As long as we learn from it, I think it is not going to be something that matters, we should be able to do it a lot better and shouldn't really worry about it if you ask me. I get the notion that people fear about the drops or get too excited about increases and all that but as long as we care about it very well and not really do anything major, we should be able to do something that would be a lot better.
I hope that we get to do something that will matter on the long run, and should be something a lot more decent. This is of course what I hope I could achieve, and should not be really that much of a problem on the long run. I get that it is not simple and could be a bit of a trouble for those who are having hard time controlling their emotions, but they can learn from their mistakes.
I hope that we get to do something that will matter on the long run, and should be something a lot more decent. This is of course what I hope I could achieve, and should not be really that much of a problem on the long run. I get that it is not simple and could be a bit of a trouble for those who are having hard time controlling their emotions, but they can learn from their mistakes.
The learning ability of a person in trading should be at a high rate, as it is directly proportional to strategies I think, the more a person learns in trading the more he goes forward. Thinking before a step is far better than regretting after the step taken, mostly traders make the mistake that they didn't follow up on their strategies from the start, and in the end, they end up with loss and regret. This was a bad step for trading for them and from that position mostly traders lost a lot and they lost hope and never joined trading again.
Learning should be top-class if someone wants himself in the top trader or wants to earn something. Most importantly learning from the experience and losses is quite beneficial learning of all time.
As long as we learn from it, I think it is not going to be something that matters, we should be able to do it a lot better and shouldn't really worry about it if you ask me. I get the notion that people fear about the drops or get too excited about increases and all that but as long as we care about it very well and not really do anything major, we should be able to do something that would be a lot better.
I hope that we get to do something that will matter on the long run, and should be something a lot more decent. This is of course what I hope I could achieve, and should not be really that much of a problem on the long run. I get that it is not simple and could be a bit of a trouble for those who are having hard time controlling their emotions, but they can learn from their mistakes.
I hope that we get to do something that will matter on the long run, and should be something a lot more decent. This is of course what I hope I could achieve, and should not be really that much of a problem on the long run. I get that it is not simple and could be a bit of a trouble for those who are having hard time controlling their emotions, but they can learn from their mistakes.
The learning ability of a person in trading should be at a high rate, as it is directly proportional to strategies I think, the more a person learns in trading the more he goes forward. Thinking before a step is far better than regretting after the step taken, mostly traders make the mistake that they didn't follow up on their strategies from the start, and in the end, they end up with loss and regret. This was a bad step for trading for them and from that position mostly traders lost a lot and they lost hope and never joined trading again.
Learning should be top-class if someone wants himself in the top trader or wants to earn something. Most importantly learning from the experience and losses is quite beneficial learning of all time.
Do you think professional traders are never influenced by emotions? Everyone can make mistakes, anyone who loses money on a losing trade will worry about this, especially if the trader loses a large amount of money. Read the stories of traders, many of them lost huge amounts of money, this cannot be avoided even if you are a very experienced trader, and the greater the loss, the more emotions you will experience, I think that experience cannot influence this.
I agree.Even the most professional traders have their own shortcomings and can be heavily influenced by their own emotions. They also know how it will go when they're into their emotions so they don't let that happen while they're doing their trades.
But, it's like a common mistake that many of us do, whether you are a professional or not. It's part of the trades that we do and all we need to do is to control it which is the hardest part IMO.
There are problems that, even with money, you will find impossible to overcome, therefore you will still be emotionally involved. Saving or managing money won't even cross your thoughts at this point because the money you are generating is not even enough to cover your needs. and to succeed in any kind of financial investment, you need to be patient and pay close attention. and when it comes to cryptocurrency, you need to be wise.in order to prevent investment regret.
If you are not generating a sufficient amount of money then there is no point in saving money. The first condition is to have funds to conduct trading activities. If you meet that condition then you can think about money management. You can be wise or not but you need to be smart to be successful and a smart person always has a plan for his future actions. Money management is something that can give you confidence that it will give you the feeling that you are making an investment not gambling with it.It's an advantage if we already know how to manage our money but I think we all know it already because if not, we will never pay the bills on time, buy the groceries, etc.. Being wise is I think can matter the most. A lot of people are successful by having it than the diploma or being smart due to studies.
Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.
How to avoid emotions:
Note:Some of these might not be applicable if you are into scalping.
How to avoid emotions:
- set up a TP(take profit) and SL(stop loss) for your trades
- Stay away from the particular trade
- Get in some activity that will keep you busy
- Do your hubby activities at that moment
- set up hours interval to check your trade
- watch tvs and Go for walk
Note:Some of these might not be applicable if you are into scalping.
This made me to remember a friend we both trade together yeah, but some where along the line the dude started doing different things like clearing his watch list saying he basically wanna be watching just GBPUSD AND GOLD, like this got me laughing like menhn what kind of sudden change is that. meanwhile me that goes looking at random pairs i turned out to see more trading opportunities in the market than him.
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