Topic: Emotions dealing - page 2. (Read 1499 times)

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 think so too, there is no need to become a trading professional to make a profit because with basic knowledge we can just get profit, I myself feel it even though I was only a beginner at that time by learning strategies and tricks from other people who already understand trading I can profit. even if you have to wait until you become a professional to trade it won't be fast, because what I know is that even people who are professionals in trading can still be wrong in predicting.

Although with a little knowledge can bring profit does not mean enough until here, as well as continue to learn what is related to trading because there is nothing to lose also learn something related to trading. with the knowledge we already know about trading maybe this will reduce the risk of loss when we predict, because basically everyone does not want to experience losses. So my advice is to continue learning to understand the things we do so that we can bring profits and avoid the name of loss.

You would be naturally be able to adjust it out, you might commit some mistakes earlier or on the time that you had started but on the time that you had able to gain that experience then you would be naturally be able to avoid those things on next encounter on which it would really be just that so normal that you would really be already aware on whats happening around. Come to think that we are really just that humans on which it is really just that normal that we would really be that impulsive or highly reactive on things which we dont really know or something a normal reaction
and emotions is one of the most common things that we would really be encountering because we dont really like on losing money and dealing with something random or highly volatile things then
it would be that normal that mind boggling situation or tons of question would really be there.

Dealing up with the market volatility isnt really that easy because its always been that unpredictable in the first place on which it is really that a common approach for anyone to have
that kind of randomness on whatever strategy that we are making.It cant be precise but somewhat applying any analysis or whatsoever basis in regarding with the
actions been made would really be just that so normal and its recommended on doing so rather than on making some random movement or decisions.

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.

What do you mean by he will never be able to deposit his money? Only having knowledge about trading will not be enough as new scenarios occur more frequently in crypto than in any other market out there. To tackle this kind of unpredicted situation we need to have a money management strategy that will protect our portfolio from the negative side of crypto trading. This is the most important thing that has been ignored by many traders most of the time.

Emotions are nature in humans, and everything that we deal has to involve emotions. So, we cannot always say to avoid having emotions because it has always been a part of us, but rather we can say to avoid making decisions driven by our emotions. I agree with what you said that being too emotional will result to unwise decision, because we have this tendency that we are not thinking and making an informed decision when we are getting too emotional. So as traders, we should be fully aware that controlling our emotions is a must when doing trading matters because this will help us avoid impulsive and unplanned decisions. And yes, being too emotional will heavily affect your trading habits so it will be better if we know how we can manage and control it because we do not want to have unsuccessful trading right?

I think that in crypto trading, when you keep your emotions in check, you are also on track. Having the right knowledge and and calmness in trading is like having a seatbelt because it keeps you grounded when the market goes crazy. When you let your emotions run wild, it can lead to impulsive decisions that might not end well and you're more likely to make hasty choices that could cost you a lot of money. Take a deep breath, stay cool and think before you act. Emotions are a part of the game but managing them wisely can make a world of difference in your crypto journey.

Anyone who knows about trading knows that anything can happen anytime in crypto. If we have knowledge or understanding about trading then we don't think to face any new problems. Someone who has good understanding about trading will never get excited while trading. If someone  If he starts trading excitedly or out of control, he will never be able to deposit his money.

Correct. And therefore it is important for us to be good at managing emotions. Not only in crypto trading but also in everything in our lives. And usually uncontrolled emotions can also thwart the plans we have laid out so well. Although sometimes emotions can make us braver in taking steps. But still, if we are too controlled by our own emotions, our common sense can sometimes become duller. Because emotions can defeat logic. So how can we make the right decision if our logic doesn't work well because we are still controlled by our own emotions? In fact, according to some professional traders, emotional management is much more important than technical analysis. Because when we cannot regulate our emotions, we tend to ignore the results of the analysis we have made.

We can see many examples from other people that making decisions when someone is emotional will certainly result in decisions that are unwise and also very detrimental to themselves. So what you say is also quite correct that there is no reason for anyone to make a decision when he or she is experiencing uncontrolled emotions, because mature people are certainly able to think wisely when they want to make a decision and this will be done when He felt calm from emotional disturbances.

For some people, having a lot of money still has problems that can be solved and for some people who have a small income they think they will easily face problems if they have a lot of money, but in my opinion these two things really depend on a person's personality. If we only have enough income for our daily needs then it will be very difficult for us to save and invest even though we have managed our finances well, it would be better if we looked for additional income to be able to save and also invest.

You are right, the requirement to be able to save is that we must have income to be able to save as well as savings for emergency needs and investment needs. Some successful people are those who do things consistently so that they achieve success through the process they have gone through.

You are actually doing the right thing by avoiding trading with toxic assets. You're employing an excellent method, guy. Others should do the same so that everyone is delighted because they have correctly practiced the trade activity.

You will also be able to better control your emotions this way. While engaged in actual trading activity, it is critical to maintain emotional control. It actually helps significantly to our success in cryptocurrency trading. Always consider conducting your own study.

Be patient and careful while thinking about what strategies you can apply so that everything will run smoothly. Any investment if accompanied by the right strategy will provide quite good results. As well as managing emotions to remain stable and remaining patient. There are no investment regrets to be made and think too deeply, when investment mistakes occur it is because of a lack of control and strategy. Use failure as a lesson that can provide benefits in the future

Do not make any decisions or actions with emotions. When you act on emotions, it will in most cases affect your work.Most of the people who work on emotions have very little success in their work.According to me one should not do anything on emotional basis if one gets emotional in particular case then one should control oneself and then take a decision.

Trading would really be just becoming a gambling on the time that you would really be having that kind of gambling approach or you arent really that doing any trading step or having no analysis already
on which you are really making out some positions without having those kind of analysis and this what makes that trading on becoming gambling already.Its true that trading isnt gambling and both are different things but on the time that your actions is really that something not getting in line with those typical movements or approach towards it then you are just simply doing gambling already.
Emotions? This is one of the most common problem that traders do really need to get rid or need to be controlled on, because on the time that you would really be making yourself that impulsive
then this is the time that it would really be affecting you that much towards your trading career. This is something that needs to be enhanced yet it would really be just that normal for human
beings to be that too emotionally sensitive when it comes on losing money which we know that its really part of the risks on the time you do deal up with this.

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.

True, it is not gambling that relies entirely on luck, but it is trading that requires the skills of each individual and also deep knowledge in the field of trading. None other than because only the skills and knowledge that we have will bring us or lead us to a profit consistently, if there are some who come to trade but they don't bring any fishing rod at all, or I mean knowledge then it is very clear to say they are just waiting for some catastrophic losses to come.

Doing research on some coins and looking for reliable sources about the coin is one of the ways I usually do, none other than that just to avoid some fraud from unclear coins which of course can make us end up losing because there is no clear reputation. Trading with emotions? well maybe we often hear many cases that end up with losses because of that word and even they experience MC. True there is absolutely no place to put emotions there, you have to be a trader who has good planning and responsibility at the end of each session, losses are natural because it is the concept of trading where there is for means there is a loss too. And well we can minimize the possibility of that loss with knowledge and knowledge that we continue to improve.

Agreed, knowledge is very important thing in trading without which disaster can happen anytime. Of course at the beginning of the investment a trader has to select his coins. He should proceed with trading considering which coins he wants to invest and which will be profitable. We often see traders trading in some coins where the coin is already very bullish based on its position but there are some traders who are still investing there expecting more to invest in that coin but they don't know how much the market cap of that coin will need for profit. They should observe those things carefully. Emotions have no place in trading so one should acquire knowledge as much as possible. Each case should be properly observed by knowledge.

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.

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.