Pages:
Author

Topic: how control my emotion?? (Read 8234 times)

full member
Activity: 448
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
January 11, 2018, 08:46:51 AM
i suggest that u trade emotionless , completely logical like a smart robot
i know it is hard but if u want to get hurt less , forget emotions and feeling , trust on no one analysis , do it by urself!
use technical tools , reade books and read charts , be patioent and u should be good to earn some money! Cool

Anyone has the will to control their own emotions, just be serious at your goal in making profit with cryptos,  practice and exercise it everytime you make a trade and it would become your virtue. I agree with what you have said Smiley using technical tools and studying is a must
full member
Activity: 196
Merit: 103
January 11, 2018, 08:35:49 AM
For me how to control emotion. Im going to analys about my emotion. And  and relax and mind set always and be patience.
newbie
Activity: 33
Merit: 0
January 11, 2018, 08:03:17 AM
I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

If you ever feel like this again. Step away from the computer. There is no point to subject yourself to unnecessary suffering.
newbie
Activity: 49
Merit: 0
December 15, 2017, 07:33:32 AM
I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

In trading it takes patience and tranquility in emotions if you buy at a high price then the price down is normal, many people who experience it like you better calm down and be patient waiting until the price goes up again.
by preparing yourself ahead of time you'll find that the problematic emotion goes away before it interferes with your life select the situation emotion can have an important influence or physical health and it is critical to deal effectively with the feelings control whatever aspect of the stress that you can the ability to control my emotion and my regardless of circumstances sets me apart from other man learning to control your emotions includes creating an environment where you know that you can go to express those emotion safely knowing that you can give yourself.

Right,  patience is needed in trading coins but still holding emotions are sometimes hard especially if the price keeps going down.  What I do is just set my order whenever I trade.  I don't watch over the price so that I will not be displeased if the price  keeps going down.  I go back to the exchanger after an hour just to check if my order is processed. 

In trading,  if you are not able to control your emotion you will always end up selling your coins at lower prices and loss the opportunity or the chance on earning good profit.
newbie
Activity: 48
Merit: 0
December 11, 2017, 01:22:43 PM
For honestly , i'm really bad at controlling my emotions, looking for some treatment but it's not working all the time. Nothing can help me calm down Sad. I found some solutions in this thread but it's all not worked for me.
legendary
Activity: 1204
Merit: 1028
December 11, 2017, 07:13:50 AM
Write down big words: NOT BE GREEDY , NOT BE SCARED and always keep an eye on it while trading
Every smart trader will know the best time to sell, the best time to buy and the best time to HODL without getting emotional. It balls down on you knowing what you are doing; because without that, there is no way the person involved in the trade will never get emotional.

Emotion comes in when you are confused, and not sure if what you end up doing will be right or wrong but once you know how to analyze the situation of things and know you are making a good decision, emotion would be the last thing.
hero member
Activity: 1302
Merit: 540
December 09, 2017, 01:06:55 AM
I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
If you want to control you emotion you must follow some strategy that is very simple at first you set you mind, you must daily trade only 10 time if you win a day 3-4 time you don't start trade on this day because you make a profit if you lose 1-4 trade you don't trade but if you 1 trade win and one lose again 1 win and 1 lose in this time you must trade only 10 trade, never trade more then 10 in a day.
Very nice advice, simple mind setting will help traders to earn inside this activity, without doing it chances to stress your self may happen,
we really can't say when the ups or downs will occur, but as long as we have our own setup and strategy we will not be worried in anyhow
its always good to understand everything before starting to deal with trading.
member
Activity: 219
Merit: 10
December 09, 2017, 12:30:29 AM
I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
If you want to control you emotion you must follow some strategy that is very simple at first you set you mind, you must daily trade only 10 time if you win a day 3-4 time you don't start trade on this day because you make a profit if you lose 1-4 trade you don't trade but if you 1 trade win and one lose again 1 win and 1 lose in this time you must trade only 10 trade, never trade more then 10 in a day.
legendary
Activity: 1137
Merit: 1000
December 09, 2017, 12:21:45 AM
Stay focused and sharp. Don't take quickness and reacting without thinking to get you. Altcoins are variable and if you are well instructed then you must know that everything that falls down eventually gets up. Hold your "alts" until next big opportunity and suppress your emotions in this case. There is no room for emotions in investing. You only need the steady mind that is focused on that what you do at the given moment.
hero member
Activity: 910
Merit: 502
December 06, 2017, 01:52:24 PM
I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Controlling our emotion is a step by step process. One can never immediately control his or her own emotion within a short period of time. Particularly if the environment or people that surrounds that person is not healthy. So, to control it better start from simple things such as watching movies, try to control your emotions about what you feel during the movie.
The obvious truth is that there is nothing you can even do to control your emotions if you do not have any idea about how to trade. I remembered my first few days learning how to trade all by myself, they were days filled up with a whole lot of panic and it was bad.

I had no idea what to do and how to even make some decisions and I was always more or less like a FOMO until I understood how to trade and do it right.
member
Activity: 62
Merit: 11
December 05, 2017, 11:03:39 AM
I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry


you must lose when starting trading  if can’t control stop trading.

must have two-three days away after lose after that read again why you lose , learn and move up
jr. member
Activity: 50
Merit: 10
December 05, 2017, 08:13:50 AM
The volatility of the crypto market is so great that you should learn to calm down before all the worst situations can happen to your possessions. If you have researched your project already invested then you can make a quick decision.
full member
Activity: 504
Merit: 102
December 05, 2017, 08:00:38 AM
Let our self set our goal of what the value of coin we must sell. Dont be bothered of the current price. Dont panic just hodl. Because as you hold your coin think about that othwrs are holding too. This kind of strategy is proven and tested
full member
Activity: 258
Merit: 100
December 05, 2017, 07:18:51 AM
Praying before trading.
It may help you lots
full member
Activity: 798
Merit: 104
December 05, 2017, 07:16:32 AM
The first thing that you need to accept is losing. It's the common weakness of traders that either make them quit early or sell with more losses. Practice your mind and you will know that you can control your emotions if losses can't affect you anymore.
Accepting loosing and knowing the risk that you are willing to take is very important for traders , it means that you should endorse what could happen whenever you put any amount of money at stake . You should forget about number and focus more on strategies , mind set and risk management .
If you're going to be uncomfortable with your losses , you should minimize either the number of trades or the amount dedicating to trading each day .
If you're trading with the same amount of money in each deal , you won't be really safe from losses and the risk will be higher to loose your funds , for example if your first 3  trades input was 500$ and you lost it , your 4th trade shouldn't be 500$ but should be at max the half , if you keep loosing then you lower the amount and so on .

Before doing any trade you should ask yourself are you prepared to accept whatever risk you'll encounter and to be ready for a 50-50 chance . If you're going to get frustrated after each loss then you'd better stop trading ! And go for another business that doesn't get you as emotional as trading does .
But if you practice enough in such way that losses don't affect you anymore , and only your sense and brain are controlling your behavior , then only you'll be able to make good money out of trading .


Uncontrolled emotions often leads  to negative result in whatever situation you are into. Trading needs a lot of strength and a whole lot of analytical skills and cleverness. It is a risky decision making thus too much emotions are not needed if you want to succeed. Openmindedness and positivity will be a great advantage.
full member
Activity: 406
Merit: 156
December 05, 2017, 07:01:35 AM
The first thing that you need to accept is losing. It's the common weakness of traders that either make them quit early or sell with more losses. Practice your mind and you will know that you can control your emotions if losses can't affect you anymore.
Accepting loosing and knowing the risk that you are willing to take is very important for traders , it means that you should endorse what could happen whenever you put any amount of money at stake . You should forget about number and focus more on strategies , mind set and risk management .
If you're going to be uncomfortable with your losses , you should minimize either the number of trades or the amount dedicating to trading each day .
If you're trading with the same amount of money in each deal , you won't be really safe from losses and the risk will be higher to loose your funds , for example if your first 3  trades input was 500$ and you lost it , your 4th trade shouldn't be 500$ but should be at max the half , if you keep loosing then you lower the amount and so on .

Before doing any trade you should ask yourself are you prepared to accept whatever risk you'll encounter and to be ready for a 50-50 chance . If you're going to get frustrated after each loss then you'd better stop trading ! And go for another business that doesn't get you as emotional as trading does .
But if you practice enough in such way that losses don't affect you anymore , and only your sense and brain are controlling your behavior , then only you'll be able to make good money out of trading .
full member
Activity: 602
Merit: 100
December 05, 2017, 03:41:53 AM
The first thing that you need to accept is losing. It's the common weakness of traders that either make them quit early or sell with more losses. Practice your mind and you will know that you can control your emotions if losses can't affect you anymore.
sr. member
Activity: 1036
Merit: 281
December 05, 2017, 02:11:25 AM
I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
It is true that many people can't control their emotions that leads to lose their money in trading. We can control our emotions if we are always calm. We should be always positive when we are doing trading.
full member
Activity: 168
Merit: 120
December 05, 2017, 01:20:31 AM
sometimes a loss is better than a big loss. in technical terms use a stop loss order which is practically doing this for you. it triggers when price falls lower than your "tolerance" so you automatically dump the coin and prevent further losses.
it doesn't have to be a stop loss and automatic either. you can do it manually too. you just have to plan for these things ahead of time. for example you buy ETH at 0.07BTC and decide that you don't want to lose more than 5% of your money so you dump it as soon as ETH got dumped hard down to 0.0665BTC and prevent losing more money when it was really dumped hard down to 0.046BTC and then buy back at the bottom.
I agree with this though.
Its a nice advise especially for those who did trading in cryotocurrency
We really cant stop loosing money sometime,
But we can lessen it.
If we want to. Being wise is good but being economical is much better.
hero member
Activity: 3052
Merit: 685
December 05, 2017, 12:57:17 AM
Same thing happens to me first time I sold all my investment with a 20% loss and after some days prices recovered. From that day I learned in order to get successful trader in crypto, we must hold in free fall and everything will come back to normal.
That's the thing that we should learn, holding is the key to success but always be smart to set your own target, otherwise you will end with nothing. Holding is only good if you have an active income as well, never put all your investment for long term because it's very risky. Personally I am holding gup tokens and I am happy with the recent price pump, but this is not enough for me to decide to sell and take profit.
Pages:
Jump to: