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Topic: Emotions should never be traded. - page 5. (Read 1699 times)

legendary
Activity: 3248
Merit: 1179
September 09, 2021, 04:48:02 AM
But the thing is that you can't remove emotions completely! We all learn to control them, but there are moments when feelings simply overtake us, usually when excitement reaches some peak! That happens in gambling as well... and in those moments when we are ready to push the limits is the real gambling! And in my experience, in those moments balance can go to zero or you will make a lot of money!
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
September 08, 2021, 06:48:48 PM
In addition to using mature analysis and trading strategies, emotional control is also very necessary when we are trading or investing, without being able to control emotions usually traders will trade aggressively so that it will damage the strategies we have prepared and eventually have to accept losses.
Emotion startles FOMO, panic selling and uncertain holding.

That's why if you're too emotional, you better be ready to control those as you invest. Because when you invest, you're only thinking about the profit but not the maturity and progress of your investment.

So watch for that carefully.
full member
Activity: 584
Merit: 100
$CYBERCASH METAVERSE
September 08, 2021, 10:58:39 AM
You are right but the crypto trading is always volatile which we know really well and no one cay say about the market position that at which position which coin will rise and which coin will go down. So, the main thing is coin analyzing that we should analyze the coin first before trading and then enter into it.
full member
Activity: 1638
Merit: 122
September 08, 2021, 05:26:45 AM
Quote
When you watch the stock market rise, you invest.You will continue to be harmed in this manner. As a result, anytime you need to invest, put a tiny percentage of your portfolio into it. As a result, even if the market falls, you will still have your portfolio.

why your feeling harmed when you already invested ? its because you only invest small ? no problem , increase it next time .
 if you feel that stocks are profitable to you than in crypto , you should prioritize it  .
 we dont loose our portfolio as long as you never sold all but diversifying from one type of investment to the other may also work great .
full member
Activity: 2408
Merit: 202
September 08, 2021, 04:25:45 AM
I'd want to provide some guidance, particularly to individuals who are new to the market. You think you should buy in ALTs whenever the market is rising. And it's possible that you'll gain from it. However, the market drops after you make your investment. When the market falls, you believe you are losing money and sell everything. When you watch the stock market rise, you invest.You will continue to be harmed in this manner. As a result, anytime you need to invest, put a tiny percentage of your portfolio into it. As a result, even if the market falls, you will still have your portfolio. Never trade based on your emotions. Calculate carefully before investing.
That's why it is always best to invest when the market is falling , many are afraid seeing the value continuously falling but if we analyze the situation this is always a win win solution and not to lose.

you might see losing in several days or weeks but when the market starts climbing then that is the harvesting time in which you must collect the prize of your waiting.

but of course always value the idea of putting money in trusted and stablished coins and not to shitcoins to try your luck.
member
Activity: 396
Merit: 30
September 07, 2021, 11:39:41 PM
Trading is a trade that demands intellectual activity. It should be free from all kinds of emotions and zest. With emotional trading, there will be losses and damages that creates depression and hopeless condition. This all discourages a person and under these circumstances, he does not make a good decision. It leads him to a decaying condition. So this all should not happen and there should not be emotion. The flash of hope never come to end. We want to survive in cryptocurrency trading & in all trade of life.
sr. member
Activity: 1274
Merit: 293
August 26, 2021, 05:30:29 AM
You are discussing a quite important topic, whenever i see the traders investing in coins like they are going to rise, i scrambled a little that how can they know that the coin will rise and even not giving them loss. Even in trading we can just assume and can't with with full consistency the coins we bought will rise.
A mixture or analysis, timing, risk acceptance and rational thinking is probably some of the reasons why these people can do those things that you said which is winning most of their investments.
hero member
Activity: 1302
Merit: 503
August 27, 2021, 01:29:30 PM
In trading as i can say that everything can happen, even with the top traders too, although they had well experienced too but when market is going down, no one can save himself and no one has any idea. With adding that in trading emotions should be kept a side because it will ruin your whole trading as well as your health.
- Refuse to keep emotions aside, I want people to abrade these feelings, abrading them intensely until it becomes something very transparent and no longer able to break the cell we created, I'm not saying traders need to be a person without emotions, I just want us to have the best antibodies to the emotion and not give it the slightest chance to reverse. Many traders just chant the old mantras of getting rid of emotions and keeping a cold face in front of the market while the source of the disaster is still burning in their bodies.
hero member
Activity: 1260
Merit: 504
August 27, 2021, 11:32:40 AM
You can never be fruitful in case you are too energetic with it and settling on those sentiments. At the point when individuals do that, that is a direct result of the betting nature that we have and not the judicious one. The feelings is not really removed from exchanging, even after you think you have control of it yet you see you actually have that around and it makes for voracity regardless of how little it is.
full member
Activity: 826
Merit: 135
Tontogether | Save Smart & Win Big
August 27, 2021, 06:16:28 AM
In trading as i can say that everything can happen, even with the top traders too, although they had well experienced too but when market is going down, no one can save himself and no one has any idea. With adding that in trading emotions should be kept a side because it will ruin your whole trading as well as your health.
newbie
Activity: 7
Merit: 0
August 27, 2021, 05:56:44 AM
For you to be as successful as possible in the crypto space you should never trade your emotions in the market trends. When emotions are traded first it makes you so skeptical about the trading strategies you are using. You need to always stick to your trading strategies and never get too emotional because it always keeps on making your loss greater than your wins . so never trade your emotions in the crypto space.
full member
Activity: 584
Merit: 100
$CYBERCASH METAVERSE
August 26, 2021, 05:20:46 AM
You are discussing a quite important topic, whenever i see the traders investing in coins like they are going to rise, i scrambled a little that how can they know that the coin will rise and even not giving them loss. Even in trading we can just assume and can't with with full consistency the coins we bought will rise.
sr. member
Activity: 1386
Merit: 451
August 25, 2021, 07:17:36 PM
In fact, the boss of emotion is not right to do anything. Especially in the case of trading, never go to trade with passion. When trading you need to think carefully and the coin that you will trade is Need to do a good analysis. Then you will be trading. I repeat, you must be well acquainted with trading. You should never trade with passion.Then you will see that at one time you have fallen into huge loss. And will not be able to recover it later.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
August 25, 2021, 11:56:45 PM
In my opinion, emotions make up 80% of trading. We will not succeed if we do not control our own emotions. Most traders lose even though they have good trading knowledge and skills but most of them cannot control their emotions when trading. When they see their money growing rapidly, greed arises they can't stop until it runs out.
legendary
Activity: 2562
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
August 25, 2021, 08:18:04 PM
Greed and emotion have a great negative impact on trading, and panic trading will inevitably bring economic losses.
When trading is affected by market sentiment, it is easy to blindly buy and sell, which will bring more risks and losses. To learn more encryption knowledge and analyze market trends to formulate appropriate strategies before trading, which can minimize risk losses.

Greed is undoubtedly one of the feelings that you can have at any time, the important thing about these feelings is not to get carried away to make business decisions.

One of the most famous operators of the years 1800-1900, called Jesse Livermore, he recommended not to see the news at the time of doing the analyzes, in retrospect it is similar to our times, because social networks, news are the order of the day , and many people operate based on the news and emotions expressed, either by influencers and others such as what they call the FOMO, that is why emotions in trading are not recommended to be operated by emotions or other than effects news or influencers as it becomes a high risk trade.

In this recent article, they speak highly of the FOMO:El Salvador’s Bitcoin adoption may transform remittances in Central America
Source: https://cointelegraph.com/news/el-salvador-s-bitcoin-adoption-may-transform-remittance-in-central-america
hero member
Activity: 2856
Merit: 667
August 25, 2021, 07:36:17 PM
In fact, the boss of emotion is not right to do anything. Especially in the case of trading, never go to trade with passion. When trading you need to think carefully and the coin that you will trade is Need to do a good analysis. Then you will be trading. I repeat, you must be well acquainted with trading. You should never trade with passion.Then you will see that at one time you have fallen into huge loss. And will not be able to recover it later.
Passion is very important in trading. Passion is totally different from emotions.
The cause of huge losses was because we are incapable of doing it but if you have passion in your heart, you can do it willingly. Like to do a search, market analysis, TA's, everything needs hard work, and that passion comes to help and boost you up.

But that EMOTION is the biggest enemy, it was the common reason for failure but can't make this to disappear as we are a human beings, only we need to control it.
full member
Activity: 322
Merit: 110
elysian.finance
August 25, 2021, 06:24:45 PM
I'd want to provide some guidance, particularly to individuals who are new to the market. You think you should buy in ALTs whenever the market is rising. And it's possible that you'll gain from it. However, the market drops after you make your investment. When the market falls, you believe you are losing money and sell everything. When you watch the stock market rise, you invest.You will continue to be harmed in this manner. As a result, anytime you need to invest, put a tiny percentage of your portfolio into it. As a result, even if the market falls, you will still have your portfolio. Never trade based on your emotions. Calculate carefully before investing.


Very true, emotions can affect your trading decisions. Most of the time I am doing the wrong decisions because I am expecting more.

It is important in trading to learn first and check the chart and not to simply believe in yourself and follow your emotions.
sr. member
Activity: 467
Merit: 251
https://t.me/xwshamim
August 25, 2021, 12:32:45 PM
Everyone says this but people cant control  their emotions when the see their money  increased by 10-15x they thinks that will increase more and more. And at the end they loses everything.
member
Activity: 73
Merit: 10
August 25, 2021, 03:01:09 AM
Greed and emotion have a great negative impact on trading, and panic trading will inevitably bring economic losses.
When trading is affected by market sentiment, it is easy to blindly buy and sell, which will bring more risks and losses. To learn more encryption knowledge and analyze market trends to formulate appropriate strategies before trading, which can minimize risk losses.
full member
Activity: 1708
Merit: 105
August 25, 2021, 02:23:13 AM
In crypto should not be trading on emotions and shiukd not  invest more than you can afford to lose, maybe take some profits and have a sit back no matter weither it goes up or down no amount of money is worth your mental health
indeed sometimes not all can reduce what is done after experiencing things that are not in accordance with what is desired, especially in terms of losing profits that are already in sight. then emotions sometimes come out immediately and only realize after thinking that it does not also solve the problem that has already occurred. it's better to fix yourself not to happen again and with all good analysis and patience.
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