Topic: Emotions should never be traded. - page 8. (Read 1721 times)
I'm sorry but you are confusing one's professional and private life. Trading with emotion is not profitable. Even if you are a 'gut feel' trader and not a quant model trading, you need to divorce yourself of fear and greed, while learning to profit from the fear and greed in others. In fact, the number of young, inexperienced traders it what makes crypto such an inefficient market and highly profitable.
Yes never add it in your trade emotion should be set off aside, whenever I am trading I always put stop profit and stop loss (depends on my analysis) and after that I just leave it and wait for notification on my phone whether I lost or I earn profit in that way my emotions wouldn't be part of my trade, that's my style of trading.
It's alright to have emotion, don't set it aside, instead try to control it rather than setting it aside, what you can get from controlling it is that it's not going to get bottled up compared to setting it aside. Learning to harness your emotion is much better than ignoring.Everyone has emotions, so don't worry too much about your emotions. Humans have the ability to control their own emotions, so as long as our
emotions are controlled, there will be no harm in doing anything. Including if we are going to trade, we must be able to control our emotions.
Don't let us make decisions based on emotions, always think positively and be tolerant of the problems we face when trading, it can be very useful
so that our emotions are more controlled.
We can't hide this emotion as surely it will come nor we can fully control it no matter what we do. But, if we have some trust and confidence in what we are doing, we can lower it down. It just to happens for most is that they let their emotion control their action which surely could drive them to make bad decisions. The only way to help this thing is to let our mind think about what really be the best thing to do, not makes our emotions decide.
Eventually these people who used to let their emotions go beyond control was because of negativities behind them. They'll putting it as a practice and don't develop self esteem which motivates them to become stronger.
Letting our emotions decide was really no assurance but failures. We need to learn everything in order to prevent losing because of fear and worries.
It's alright to have emotion, don't set it aside, instead try to control it rather than setting it aside, what you can get from controlling it is that it's not going to get bottled up compared to setting it aside. Learning to harness your emotion is much better than ignoring.
It's the same I think.Setting aside and controlling it, you're doing the same thing of bypassing your emotion so that it won't intervene with your trades.
Because once you go affected through your emotion, you're going to see the negative effect from those trades that you're trying to make and can also make you panic.
That's always going to be a problem with us, humans, who have emotional sides and overthinking factors that ride over our heads. You can never be successful if you are too vigorous with it and deciding on those feelings. When people do that, that's because of the gambling nature that we have and not the rational one. We need to be consistent to be successful and follow risk management instead of just going all in.
Don't be envious of what other people have because they might have a different starting point than you. Just be patient, and everything will fall into place in the long run. Plus, use a tool like Gunbot to assist your trading.
Perfectly said, I overthink so much and it affects me so bad in the crypto space, not being able to make the right decision at the right time, I find myself always in the FOMO state, this makes me loose when am not supposed to and it's really so bad, and am trying to change that. Being emotional isn't good in this space and I will do my best not to be an over thinker, and will always make the right choices at the right time. Don't be envious of what other people have because they might have a different starting point than you. Just be patient, and everything will fall into place in the long run. Plus, use a tool like Gunbot to assist your trading.
It's alright to have emotion, don't set it aside, instead try to control it rather than setting it aside, what you can get from controlling it is that it's not going to get bottled up compared to setting it aside. Learning to harness your emotion is much better than ignoring.
It's the same I think.Setting aside and controlling it, you're doing the same thing of bypassing your emotion so that it won't intervene with your trades.
Because once you go affected through your emotion, you're going to see the negative effect from those trades that you're trying to make and can also make you panic.
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.
It's one of the common mistakes of traders nowadays especially beginners. They are usually carried by the hype which influences them to make inappropriate decisions. As for me, it's important that we'll have a background check on a certain coin before investing in it and not just because it's on-trend. We should control our emotions so we'll never make wrong decisions.
Yes never add it in your trade emotion should be set off aside, whenever I am trading I always put stop profit and stop loss (depends on my analysis) and after that I just leave it and wait for notification on my phone whether I lost or I earn profit in that way my emotions wouldn't be part of my trade, that's my style of trading.
It's alright to have emotion, don't set it aside, instead try to control it rather than setting it aside, what you can get from controlling it is that it's not going to get bottled up compared to setting it aside. Learning to harness your emotion is much better than ignoring.Everyone has emotions, so don't worry too much about your emotions. Humans have the ability to control their own emotions, so as long as our
emotions are controlled, there will be no harm in doing anything. Including if we are going to trade, we must be able to control our emotions.
Don't let us make decisions based on emotions, always think positively and be tolerant of the problems we face when trading, it can be very useful
so that our emotions are more controlled.
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.
It's one of the common mistakes of traders nowadays especially beginners. They are usually carried by the hype which influences them to make inappropriate decisions. As for me, it's important that we'll have a background check on a certain coin before investing in it and not just because it's on-trend. We should control our emotions so we'll never make wrong decisions.
Yes never add it in your trade emotion should be set off aside, whenever I am trading I always put stop profit and stop loss (depends on my analysis) and after that I just leave it and wait for notification on my phone whether I lost or I earn profit in that way my emotions wouldn't be part of my trade, that's my style of trading.
It's alright to have emotion, don't set it aside, instead try to control it rather than setting it aside, what you can get from controlling it is that it's not going to get bottled up compared to setting it aside. Learning to harness your emotion is much better than ignoring.Everyone has emotions, so don't worry too much about your emotions. Humans have the ability to control their own emotions, so as long as our
emotions are controlled, there will be no harm in doing anything. Including if we are going to trade, we must be able to control our emotions.
Don't let us make decisions based on emotions, always think positively and be tolerant of the problems we face when trading, it can be very useful
so that our emotions are more controlled.
Yes never add it in your trade emotion should be set off aside, whenever I am trading I always put stop profit and stop loss (depends on my analysis) and after that I just leave it and wait for notification on my phone whether I lost or I earn profit in that way my emotions wouldn't be part of my trade, that's my style of trading.
It's alright to have emotion, don't set it aside, instead try to control it rather than setting it aside, what you can get from controlling it is that it's not going to get bottled up compared to setting it aside. Learning to harness your emotion is much better than ignoring.Everyone has emotions, so don't worry too much about your emotions. Humans have the ability to control their own emotions, so as long as our
emotions are controlled, there will be no harm in doing anything. Including if we are going to trade, we must be able to control our emotions.
Don't let us make decisions based on emotions, always think positively and be tolerant of the problems we face when trading, it can be very useful
so that our emotions are more controlled.
Yes never add it in your trade emotion should be set off aside, whenever I am trading I always put stop profit and stop loss (depends on my analysis) and after that I just leave it and wait for notification on my phone whether I lost or I earn profit in that way my emotions wouldn't be part of my trade, that's my style of trading.
It's alright to have emotion, don't set it aside, instead try to control it rather than setting it aside, what you can get from controlling it is that it's not going to get bottled up compared to setting it aside. Learning to harness your emotion is much better than ignoring. 
Yes never add it in your trade emotion should be set off aside, whenever I am trading I always put stop profit and stop loss (depends on my analysis) and after that I just leave it and wait for notification on my phone whether I lost or I earn profit in that way my emotions wouldn't be part of my trade, that's my style of trading.
It's difficult to calculate when a person who do the trading has no adequate knowledge on what he was doing.
Difficulties will always made him more undesirable, yet so panic when it comes to price fluctuations.
That's why it's so important to learn from a certain basic process up to the final steps in order for us to become skillful of everything in trading.
Without any of those particular things, I don't think we're going to conquer our emotions while in the midst of trading uncertainties.
Everyones starts on being a noob and its just normal that mistakes could really happen since we do still lack knowledge.Emotions would be there which is normal.Difficulties will always made him more undesirable, yet so panic when it comes to price fluctuations.
That's why it's so important to learn from a certain basic process up to the final steps in order for us to become skillful of everything in trading.
Without any of those particular things, I don't think we're going to conquer our emotions while in the midst of trading uncertainties.
Due to lack of knowledge then you would really be ending up on confusion which would result into bad decisions and when you do gain experience and you had already
mold up yourself to be a better trader then you could able to handle your emotions well as you do go ahead.
Emotional trading leads the trader on the wrong path and does not allow them to make profits. As a trader, if you want to be the master of trading, you have to avoid emotional trading. Sometimes, traders start emotional trading unconsciously. As a result, they fail to fulfill their dreams in the market.
It's difficult to calculate when a person who do the trading has no adequate knowledge on what he was doing.
Difficulties will always made him more undesirable, yet so panic when it comes to price fluctuations.
That's why it's so important to learn from a certain basic process up to the final steps in order for us to become skillful of everything in trading.
Without any of those particular things, I don't think we're going to conquer our emotions while in the midst of trading uncertainties.
Everyones starts on being a noob and its just normal that mistakes could really happen since we do still lack knowledge.Emotions would be there which is normal.Difficulties will always made him more undesirable, yet so panic when it comes to price fluctuations.
That's why it's so important to learn from a certain basic process up to the final steps in order for us to become skillful of everything in trading.
Without any of those particular things, I don't think we're going to conquer our emotions while in the midst of trading uncertainties.
Due to lack of knowledge then you would really be ending up on confusion which would result into bad decisions and when you do gain experience and you had already
mold up yourself to be a better trader then you could able to handle your emotions well as you do go ahead.
-snip-
Exactly.Some newbies may not pay attention to those simple things. What on their minds may be only doing trading and investing like others to be richer overnight (LOL).
But in fact, they don't even know what they are doing and in what cases they are. And only following people. This often happens to them, and finally, they regret and are disappointed with the results, whereas, that is their own mistakes.
..But the most difficult thing for me is to keep
my emotions under control and not to overdo it...
I think that this is a normal condition, everyone may be full of emotions, sometimes. But, experiences will teach us and will tell us what to do best.my emotions under control and not to overdo it...
The worst is when we cannot control it all over the time, without any learning from the previous lesson and experiences.
Feeling panic at a glance when the price is suddenly dropped may be normal, however, we must be able to control it next before it can destroy ourselves to be panic and panic again.
It's difficult to calculate when a person who do the trading has no adequate knowledge on what he was doing.
Difficulties will always made him more undesirable, yet so panic when it comes to price fluctuations.
That's why it's so important to learn from a certain basic process up to the final steps in order for us to become skillful of everything in trading.
Without any of those particular things, I don't think we're going to conquer our emotions while in the midst of trading uncertainties.
Difficulties will always made him more undesirable, yet so panic when it comes to price fluctuations.
That's why it's so important to learn from a certain basic process up to the final steps in order for us to become skillful of everything in trading.
Without any of those particular things, I don't think we're going to conquer our emotions while in the midst of trading uncertainties.
Seriously if you really want to trade with your emotions then you are ready to lose all your money, if you want to trade don't fall in love with any coin don't say because you like a particular coin then you will always trade it I believe if you are a trader you should always trade base on calculation and your a analysis and not your emotions.
That is the problem, the more we become greedy the higher frequency of trading decisions we accept. Using reverse psychology works in trending markets, wait for the correction and buy while everyone else sells. Watch breakouts near support resistance lines and make correct decisions after analyzing sentimental ratio instead of trusting your emotions.
I think the most important thing you can do as an investor is research and make sure you know what you are doing. If you don't know what you are investing in and how to invest, stay away. It's very important to understand and do your own research. Many people think they are following the fundamentals but in reality, they have a lack of knowledge and this can lead to emotional reactions instead of rational ones.
Having a Ph.D. in trading or economy doesn't make a person a good trader, profitable trading is a completely different context than teaching someone else how to trade. Having emotions and using these emotions for trading is very dangerous, professional traders know how to control their mindset for not failing in trading decisions. That is why following other traders don't make a person a profitable trader.
... Never trade based on your emotions. Calculate carefully before investing.
I think the most important thing you can do as an investor is research and make sure you know what you are doing. If you don't know what you are investing in and how to invest, stay away. It's very important to understand and do your own research. Many people think they are following the fundamentals but in reality, they have a lack of knowledge and this can lead to emotional reactions instead of rational ones.
... Never trade based on your emotions. Calculate carefully before investing.
I think the most important thing you can do as an investor is research and make sure you know what you are doing. If you don't know what you are investing in and how to invest, stay away. It's very important to understand and do your own research. Many people think they are following the fundamentals but in reality, they have a lack of knowledge and this can lead to emotional reactions instead of rational ones.
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