What are some examples of when emotions mess up your trades?
I felt furious when crypto was on the verge of decline and I invested in the coins that I invested, in the situla I felt emotional
Topic: First hand examples of Emotional trading - page 2. (Read 1219 times)
I felt furious when crypto was on the verge of decline and I invested in the coins that I invested, in the situla I felt emotional
Mostly enotion can cause for the trader to become loss their money. Like for example the price of the coins decrease they start panic selling. Emotion cannot help to you because there is a lot of trader are not successful or become failed because they are base on their emotions. People who are successful to the trader are not base on their emotion but not all the time emotion are bad.
What are some examples of when emotions mess up your trades?
I felt furious when crypto was on the verge of decline and I invested in the coins that I invested, in the situla I felt emotional
Hit buy. Doesn't fill.
Hit buy until it does - F*** you for not filling.
price comes back down triggers stops, angrily try to short the market - Well if you want to go down. Fine, F*** you I'll short.
Price goes back up, triggers stops. (and me further)
Desperate after losing two trades in a very short space of time, add leverage and go all in without properly planning a trade.
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when you find yourself doing something similar. Stop. Make a tea. Have a breather. Try some progressive muscle relaxation techniques or whatever works to get you calm.
Only then return.
Hit buy until it does - F*** you for not filling.
price comes back down triggers stops, angrily try to short the market - Well if you want to go down. Fine, F*** you I'll short.
Price goes back up, triggers stops. (and me further)
Desperate after losing two trades in a very short space of time, add leverage and go all in without properly planning a trade.
---
when you find yourself doing something similar. Stop. Make a tea. Have a breather. Try some progressive muscle relaxation techniques or whatever works to get you calm.
Only then return.
What are some examples of when emotions mess up your trades?
During the pre-bull run in 2017, i had some quantity of Ethereum which i kept for over the prevision years; hope to trade when the market appreciate. In 2017 when i saw the market positive movement; haven seen the movement before on a swinging pendulum, i placed my trade at the price of $812 in Dec. 20-2017 and after some few months away the price hit $1,377, this was my emotional mess.
Lol, I sold mine when the price goes to $400 and then keep some, months later I dumped another set in December 2017 around $800 I think. If I just hold on it for a month (2018) I could have sold them in it's all time high. Anyways, now I just accumulated at lowers lows and hope one day that the price could go on another 4 digits or more. Really hard though, if we involved our emotions here.
I had most of my coins shoot up from total value of $3000, $6500 the first week, my emotion did allow me take my profit, with the news that were all round then that bitcoin will hit $150k, from $6500, I witnessed it jump to $10000, from that to $13k and from $13k to $16k, I started targeting $100k before I withdraw them.
Little did I know that the market was going to correct itself, it gradually started going down and my stubborn emotion still didn’t give way to panic sell till I lost the value to $700 now.
Some examples maybe when you want to earn as much as you could but your faith in it wavers as the price go low slowly but after you withdrawn from it the odds seems fine and it started to go to the moon in the end leaves you speechless and full of regret. Another one is when you are too greedy in spending on many coins and you don't know how to handle them leaving you confused and ended up in despair.
These examples are the right for the most unlcuky people who were desperate to make some quick money.When we don't have enough patience and taking the decision from no mind condition then we will be much loser and have some personal experience on these. 
What are some examples of when emotions mess up your trades?
During the pre-bull run in 2017, i had some quantity of Ethereum which i kept for over the prevision years; hope to trade when the market appreciate. In 2017 when i saw the market positive movement; haven seen the movement before on a swinging pendulum, i placed my trade at the price of $812 in Dec. 20-2017 and after some few months away the price hit $1,377, this was my emotional mess.
Lol, I sold mine when the price goes to $400 and then keep some, months later I dumped another set in December 2017 around $800 I think. If I just hold on it for a month (2018) I could have sold them in it's all time high. Anyways, now I just accumulated at lowers lows and hope one day that the price could go on another 4 digits or more. Really hard though, if we involved our emotions here.
Well we really can't determine where the peak of a bull run would be so i think you guys shouldn't be too hard on yourselves. Think about it, some people have been too greedy to make an exit that instead of making big profits, then end up at a loss. You're actually lucky you got to exit just around 500 usd shy of all time high. That's already a good deal.
What are some examples of when emotions mess up your trades?
During the pre-bull run in 2017, i had some quantity of Ethereum which i kept for over the prevision years; hope to trade when the market appreciate. In 2017 when i saw the market positive movement; haven seen the movement before on a swinging pendulum, i placed my trade at the price of $812 in Dec. 20-2017 and after some few months away the price hit $1,377, this was my emotional mess.
Lol, I sold mine when the price goes to $400 and then keep some, months later I dumped another set in December 2017 around $800 I think. If I just hold on it for a month (2018) I could have sold them in it's all time high. Anyways, now I just accumulated at lowers lows and hope one day that the price could go on another 4 digits or more. Really hard though, if we involved our emotions here.
What are some examples of when emotions mess up your trades?
During the pre-bull run in 2017, i had some quantity of Ethereum which i kept for over the prevision years; hope to trade when the market appreciate. In 2017 when i saw the market positive movement; haven seen the movement before on a swinging pendulum, i placed my trade at the price of $812 in Dec. 20-2017 and after some few months away the price hit $1,377, this was my emotional mess.
What are some examples of when emotions mess up your trades?
There are a lot of them. My own experience is when I should've sold my shitcoins when it was gaining more than 30% in one day but I waited for it to spike more but then it dropped. And then another one is when I think that altcoins that are priced 1 satoshi is easy to make money but I always get stuck in the hype and I bought it in 2-4 sats but I never did check its total supply.
It seems you took it from trading angle and that is why you could even invest in shitcoins which you ought to have removed before it even got to 30%, if it was a good coin that has the tendency of spiking high to 1500%, I don’t think missing that opportunity should make one regret because it must surely come again and surpass that.
What are some examples of when emotions mess up your trades?
There are a lot of them. My own experience is when I should've sold my shitcoins when it was gaining more than 30% in one day but I waited for it to spike more but then it dropped. And then another one is when I think that altcoins that are priced 1 satoshi is easy to make money but I always get stuck in the hype and I bought it in 2-4 sats but I never did check its total supply.
Some examples maybe when you want to earn as much as you could but your faith in it wavers as the price go low slowly but after you withdrawn from it the odds seems fine and it started to go to the moon in the end leaves you speechless and full of regret. Another one is when you are too greedy in spending on many coins and you don't know how to handle them leaving you confused and ended up in despair.
Emotions affects me, especially when I begin to over think and feel there is profit in a particular move,i begin to weigh my options even when there are none actually, it could really be confusing I must confess.
Emotions also move me into taking unnecessary risks that normally I shouldn't have if I was thinking correctly
I've learned to handle emotions and keep them constantly in check when trading
The direct impact of trading using emotions is loss, which is caused by sales because of emotional decisions when prices fall. Fear of losing finally sells coins that are owned by losses.Emotions also move me into taking unnecessary risks that normally I shouldn't have if I was thinking correctly
I've learned to handle emotions and keep them constantly in check when trading
While those who use logic and put aside emotions can benefit because it turns out the decline is not too long. Such examples are often experienced by traders involved in the crypto market.
What are some examples of when emotions mess up your trades?
When you sold your token out of your target because the market is panicking. Your emotion in trading should not affecting yourself as a trader because its too risky to trade with this. Newbies are more like this but it can be controlled of course especially if you do believe on the process. 
It is a common advise by most successful and experienced traders not to trade with emotions.
Emotional trading brings about losses in trades, which you will then want to recover by increasing your lot sizes, which in most cases brings about more loss.
Emotional trading brings about losses in trades, which you will then want to recover by increasing your lot sizes, which in most cases brings about more loss.
Sometimes you just feel "lucky", the profit is right and the market is green and the feeling of making money excites you and carries you away so at the moment you stop thinking rational and forget all important rules about the trading. This could cause to make some serious mistakes and judgements. Although we are not robots and not all emotions could be switched of it should be avoided to fall under influence of emotions of any kind, too much excitement or too much anger. They will both blur your mind.
Definitely we must put emotions away while trading,it is one of the crucial rules of trading
We are here to make some money right? Well if I see the chart looks good, maybe I want a little bit more... 
That greediness will make the losses for you,you should ot get attracted byht egreen trend as a regular trader you need to stick with small profits with too many trades to be a successful trader. Just avoid trading with your emotion or whatever which keep saying to wait,wait and make huge money.
We are here to make some money right? Well if I see the chart looks good, maybe I want a little bit more...
you only intend to make money? if you really intend to look for money you also have to be good at managing emotions that you have so that you are not obsessed with your excessive desires. 
I personally faced emotional trading buy the particular coin at the time of Fomo buying coin at the high price will definitely put us to hold for a long time
You'll be a bag holder, I'm sure there's a lot of trader who are still holding a huge number of coins because they got FOMOd during the bull run. That is just normal, you fall for it and you pay for it now, anyway you won't loss if you continue to hold it, who knows they'll come alive when the bull starts.
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