What are some examples of when emotions mess up your trades?
I feel stressed when we need to face some emotion while we are making money from cryptocurrency field otherwise there is also same strategy in work and confidence but making the decision will be not more quickly than before. 
Topic: First hand examples of Emotional trading - page 6. (Read 1219 times)
What are some examples of when emotions mess up your trades?
lots of examples of chaotic trading because of emotional, one of which is my experience.when I traded with ethereum, ethereum always experienced an increase in prices and made me get a big profit, but because I felt greedy and wanted to get more profits, I decided to keep holding it back and not sell it. As a result, the longer I endured the ethereum price declined, and I lost my initial profit.
What are some examples of when emotions mess up your trades?
There are many situations where the trader panicking. The best examples here are the traders who lose in trading, they are doing overthinking about the loss that they experienced. They can't focus on the decision that they should do and that's why they cannot manage their emotions when they are trading. 
Yeah, I had the same with my friend. There was couple of us in telegram chat talking and some of them were keeping sys in their exchange and believed it would go up. While we were talking the price of SYS suddenly increased and they were all becoming a bit more richer because it went up like 200% or so all of a sudden.
Another friend of ours suddenly decided to send his money to that exchange and buy SYS as well, because he thought the price was going up so why not. Of course just like anyone expects , dude managed to send his money so late that he bought when the price was already high and the price went down after he bought. All because he did something with his emotions and rushed a trade without actually thinking about how he is getting into it after it went up.
Another friend of ours suddenly decided to send his money to that exchange and buy SYS as well, because he thought the price was going up so why not. Of course just like anyone expects , dude managed to send his money so late that he bought when the price was already high and the price went down after he bought. All because he did something with his emotions and rushed a trade without actually thinking about how he is getting into it after it went up.
What are some examples of when emotions mess up your trades?
it is and very important topics to discuss when the emotions that messed up with our trading or any other business it will be done big trouble for us to do our proper work with very hard situation because we need money every time when we had some emotion to clarify but at that time we don't take a right decision when will be collapse and our work so it will definitely need a solution. What are some examples of when emotions mess up your trades?
linear motion song mix it with your trading then you will not be in your correct way because it takes long time to investment for choosing a decision that to be very long period of time but in normal time we can make quick decisions and make investment very easily but at the period of emotional time we will change our confidence very low. 
What are some examples of when emotions mess up your trades?
Have you ever been trading when your angry? I did it once and ive messed up. I end up getting annoyed on the small red numbers then end up selling at low price. It eventually goes up after a few hours and although the amount is not that high, i still get regrets about it. I never trade again having an intense emotion
I admit that emotions will messed up everything in trading.. Panic is the no. 1 emotions when the chart seems going in the opposite side with my expectations.Greed is the next emotion that will destroy your strategy. I've experienced that many times. What I did was to take time, and did not do an entry for a couple of days.
I guess all kinds of emotions are having their own way of consequences in our trading. I mean all of them are perfectly working against us to lead into losses. I did hear that greed helped some traders to make big money but I am sure they might have failed and lost big money out of the same greed.In my long trading career, I have seen many occasions where my emotions had killed me almost. I started realizing like how weak I am in controlling my emotions then I started to trade emotionless. Still, I guess I am a greedy trader like targeting impossible things to make huge profits. I am a long term bitcoin holder, hence even if my other trading may leave me without satisfying my expections, I believe bitcoin will help me to fulfill my all greediness
. What are some examples of when emotions mess up your trades?
I admit that emotions will messed up everything in trading.. Panic is the no. 1 emotions when the chart seems going in the opposite side with my expectations.Greed is the next emotion that will destroy your strategy. I've experienced that many times. What I did was to take time, and did not do an entry for a couple of days.
There are so many times I feel superior after get some profit from several trade and could buy the coin without any proper searching, and when I lose my pride get hurt and try to cover the lost by buying it more, and when I was beginner I easily belive all the news and buy the coin that suggested in the group signal, whenever the group said that the coin got chance to grow I will buy it, and I end up with bags of useless coin
Since sometimes trading is 60-75% controlled by emotions, this was hard enough to not greedy at all.
- Applied the strategy to another coins which has the same pattern and the almost same of coins marketcap
- Put the goals too high, sometimes we hope at more than 10% in 3 days. At bearish market we must see the real condition, don't put the goals too high.
- Applied the strategy to another coins which has the same pattern and the almost same of coins marketcap
- Put the goals too high, sometimes we hope at more than 10% in 3 days. At bearish market we must see the real condition, don't put the goals too high.
- You feel so greedy and you want to make a profit of 150% overnight
- You take too long to decide when to sell off or buy
- Your buy or sell actions are often determined by sudden price changes i.e. Buying coins at peak price and panic selling them off at bottom prices.
you are absolutely right when the emotions will mix up with the trading the above mentioned points are definitely came to our subconscious very easily and it takes a long time to vanish in our mind so this will definitely not so good for trading.- You take too long to decide when to sell off or buy
- Your buy or sell actions are often determined by sudden price changes i.e. Buying coins at peak price and panic selling them off at bottom prices.
first is patience,
patience is the main key to successful trading, because without patience we will often be stressed when seeing the market go down so fast,
the second is don't panic.
do not panic is the second key to successful trading, because if we often panic then we will also often cut losses,
and learning to control both emotions is the key to success.
patience is the main key to successful trading, because without patience we will often be stressed when seeing the market go down so fast,
the second is don't panic.
do not panic is the second key to successful trading, because if we often panic then we will also often cut losses,
and learning to control both emotions is the key to success.
I agree. It happened to me once when I panic bought some coins when their prices went low without thinking how much time or the percentage of them gaining back up. I was so excited then, and surely, it can to bite me on my ass, since some of them never really recuperated and some I only sold on break even. I was really frustrated since what I used that time are the returns I earned from a long and much anticipated ICO rewards where I started before. I have yet to learn then to be tactical with my actions, especially in the trading market.
Sleepless nights. 
You keep on waiting for more even if there is already profit.
Greed is taking over and eating you. You are already messing up the time of lunch and dinner.
At bear market, you keep on thinking that the price will go up even if all proofs are already in front of you tell you to withdraw.
You just want that ROI back but your token are already at zero value.
You keep on waiting for more even if there is already profit.
Greed is taking over and eating you. You are already messing up the time of lunch and dinner.
At bear market, you keep on thinking that the price will go up even if all proofs are already in front of you tell you to withdraw.
You just want that ROI back but your token are already at zero value.
some traders who still do not know how to choose tokens that have the potential to increase prices usually they will sell it at a low price while a few days later the price becomes very expensive, and what is worse is that many traders cannot control their patience.
But I do see this is due to lack of awareness on the potential of those tokens. I mean they are failing to predict the maximum value for those tokens for a given time period and this is the reason they are selling in hurry. We need to understand the basic facts of how emotions will work like if we are confident about target levels then we may easily control our emotions. 
some traders who still do not know how to choose tokens that have the potential to increase prices usually they will sell it at a low price while a few days later the price becomes very expensive, and what is worse is that many traders cannot control their patience.
- You feel so greedy and you want to make a profit of 150% overnight
- You take too long to decide when to sell off or buy
- Your buy or sell actions are often determined by sudden price changes i.e. Buying coins at peak price and panic selling them off at bottom prices.
you are absolutely right when the emotions will mix up with the trading the above mentioned points are definitely came to our subconscious very easily and it takes a long time to vanish in our mind so this will definitely not so good for trading. - You take too long to decide when to sell off or buy
- Your buy or sell actions are often determined by sudden price changes i.e. Buying coins at peak price and panic selling them off at bottom prices.
Panicking and always making mistakes decision is the common problem of some traders nowadays .which is even though have no specific information, always quick jump but always regrets as well at the end. . that's always the worst nightmare of some noob traders .
Revenge trading is a first-hand example of emotional trading. When you have a trade set up and entered the trade and in between the trade something happens that changes the course of the market movement to be against you. If you are a good trader then close trading that day to come back to trade another day. If you are an emotional trader you will like to revenge the loss and enter trade again which most of the time will bring more loss.
What are some examples of when emotions mess up your trades?
I have some experience when emotion took away my trading profit. Because i'm still on work and then bittrex coin get pumped, i actually bought that coin in normal price. But boss come and then i panic and what make it worse, the coin dumped very much and i not sell it yet. And it end with i cutloss my coin, then price back pumped again. Jump to: