In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?
Yes, that's exactly one of the main reasons why newbies are losing with their first trades. In all aspects that relate to risk-taking, every newbie is bound to lose at their start because they don't know how to plan the market yet. But once they gain experience, that's where they'll able to learn the lessons and manage to plan their next move on how they'll respond to the first failures that they've made. Those that aren't discouraged are the ones that continue and learn a lot. And they'll pursue trading because this is a market that they'll continue to thrive in because there's the opportunity. But then, even if they gain experience, soon they'll also realize that there are only a few percentages of winners in this market if it's about day trading. 
Topic: Experience of failure and success can help us control the emotions. - page 6. (Read 621 times)
March 23, 2023, 06:27:59 PM
March 23, 2023, 06:25:51 PM
In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?
So true, people often think FII is your worst enemy in trading but surely it's only and only You yourself. It's you who will casually break your own rules casually and then do revenge trading further losing even more capital of yours. So obviously experience of failures will eventually teach you this thing only to do decision making correctly. March 23, 2023, 05:58:47 PM
Well, basically you can't learn anything if you don't fail that's why failure is the greatest teacher and there's no success on your first try. You can only learn it all if you allow yourself to experience it due to constant trial and error. Trading isn't that easy since you need to consider things that would hinder your ability to trade and that's controlling our emotions when trading.
Generally, it's not just trading that will benefit you if you'll be able to control your emotions perhaps it will definitely make you choose the right path of choices when you control your emotions.
Generally, it's not just trading that will benefit you if you'll be able to control your emotions perhaps it will definitely make you choose the right path of choices when you control your emotions.
March 23, 2023, 05:58:41 PM
In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?
Experience is a big factor so you will be an efficient and successful trader in the long term. Without experience, you will find it hard to succeed in trading and you will always find it difficult to control your emotions especially when you are chasing for bigger profits, or you want to recover some losses. That’s the reason why controlling one’s emotion is a big challenge in trading, that most of traders fail to achieve it. 
March 23, 2023, 05:17:23 PM
In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?
Self-emotion might be an enemy for you to consider but sometimes, that emotion saves our asses in trading in most cases.
Emotions are human nature. It is always associated with our decision in trading. It's really tough to withstand every market condition and you can't just simply say to others that they need to control it. Even professional traders feel emotional when they lose. What matter there is, after those big losses that result in emotional stress, traders should learn to bounce back and learn from those mistakes.
Building experience is really the key while being serious about doing trades.
March 23, 2023, 05:10:25 PM
In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?
Mistakes and errors are the best teachers which it is usual because you cant learn up things on positive outcomes because before you would be achieving this state then you would really be having to go through withthese challenges on which on the time that you had corrected out these faults and mistakes and learn from it then you would really be going into a point on where you could handle up yourself within this market.
Emotions could really affect you out on big aspect considering that it could alter out decisions and plans that you had made out earlier.Learning is something that you do achieve
out of those errors that you have done but of course it would be depending whether you do learn from it or just simply ignore.
March 23, 2023, 04:59:27 PM
In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?
Controlling our emotions will always be hard as we are used that in everything we do, we always consider our own emotions. But in trading, the more you use your emotions, the bigger chances you’ll keep on losing. Most particularly if you lack the knowledge and experiences that you need as a trader. That’s the reason why new traders should never trade unless they are ready, mentally and emotionally. Otherwise, if they still insist to trade because of greed for profits, their money will just go into waste and end up losing them. 
March 23, 2023, 04:54:24 PM
Experience can only be learn once you are able to go out of your comfort zone and start taking risk, with this newbies are more prone to error and losses because they are still trying the water, that's why its advisable to start small first and don't rush in the market.
With your emotion, it can take you somewhere else its either it will bring you up or you'll be frustrated. Managing your emotion is not easy, if you can't handle yourself yet better not to do day trading. Controlling your emotion is the key for your success in trading, learn how to do this properly.
With your emotion, it can take you somewhere else its either it will bring you up or you'll be frustrated. Managing your emotion is not easy, if you can't handle yourself yet better not to do day trading. Controlling your emotion is the key for your success in trading, learn how to do this properly.
i guess, a lot of us have had fair share of losses in this market. because even those experts had their losses at one point in their trading journey. it is not the case that when you go into this market, you're already expert. your experience is earned thru time.
this is why your trading skills are not earned overnight, it is owed to years of actual experience as you encounter various types of projects. remember, each project is unique to each other as well.
March 23, 2023, 04:49:59 PM
In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?
True, as newbies only have limited knowledge and no enough experiences before they start trading, so that put them into high risk of losing their capital. Controlling the emotions is the key, but you will never master it unless you are never exposed to the real trading scenario and that you only invest to gain profits and not to learn and master trading. March 23, 2023, 04:41:38 PM
Experience can only be learn once you are able to go out of your comfort zone and start taking risk, with this newbies are more prone to error and losses because they are still trying the water, that's why its advisable to start small first and don't rush in the market.
With your emotion, it can take you somewhere else its either it will bring you up or you'll be frustrated. Managing your emotion is not easy, if you can't handle yourself yet better not to do day trading. Controlling your emotion is the key for your success in trading, learn how to do this properly.
With your emotion, it can take you somewhere else its either it will bring you up or you'll be frustrated. Managing your emotion is not easy, if you can't handle yourself yet better not to do day trading. Controlling your emotion is the key for your success in trading, learn how to do this properly.
March 23, 2023, 04:33:11 PM
In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?
Jump to: