How do you cope with the stress of trading? - page 2.

Hashbon

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Quote from: DeathAngel on August 12, 2021, 05:56:16 AM

I don’t actively trade, I just buy & HODL. I’ve done it that way since 2015 but I do plan to sell some later this year. I think short term trading is gambling, best to DCA over a long period, nobody ever loses money this way.

I will start doing that as well. Trading sometimes brings me big wins, though sometimes the losses are enough to put a bullet through my profits. HODLing seems like the strat.

Hashbon

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Quote from: semobo on August 12, 2021, 08:28:01 AM

@OP, stop using unnecessary bolded words and colour for your text unless its really important to highlight.

Doing trading for 24/7 will make you sick and stressful for sure, so limit your trading activities and avoid too much of trading because you feel the stress only if the things are mot going in your way.

Apologies my friend, I did not mean to bother anyone with my formatting, just thought it looks pretty that's all, my bad!

As for trading, I tend to overdo it, which is why I need to stop. I don't believe I'm built for the trading life

Hashbon

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Quote from: boyptc on August 11, 2021, 07:32:25 PM

Quote from: Hashbon on August 11, 2021, 04:45:29 PM

Quote from: boyptc on August 10, 2021, 04:46:58 PM

Quote from: Hashbon on August 10, 2021, 04:13:41 PM

Quote from: boyptc on August 10, 2021, 04:05:12 PM

Stop trading on that day.

Watch some good movies, animes or look for another thing to do that shall give you relief. We have different activities to do that you like and just do those things that you think will relieve you from stress in trading.

Thank you for your input!

Yeah I think stopping the trade is the way to go, but if you don't have a stop loss then you go from a trader to an investor which fills up your mind no matter what you do Huh

A trader should always follow up his trades with a stop loss. You're really going to have that stressful trades if you don't set that.

It's not always a win so that's why it's important to set your stop loss as it's another reason why traders are having a stressful day. When they forget to stop loss.

You're 100% right on this one... A stop loss is a must have. Sadly I can't say that I've done so religiously haha

Then you have to correct what you've been doing.

It's a stress reliever for worse trades that you might have and at the same time a saver of your balance. Tongue

I may transform into an investor xD

semobo

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@OP, stop using unnecessary bolded words and colour for your text unless its really important to highlight.

Doing trading for 24/7 will make you sick and stressful for sure, so limit your trading activities and avoid too much of trading because you feel the stress only if the things are mot going in your way.

peter0425

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I having a break mate, because there are no other ways to treat your self but a rest and enjoyable moment in which he will never have as he finds only stress in trading.
can't he find another work to live?
or other option of profiting so he will stay short time in trading?

DeathAngel

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I don’t actively trade, I just buy & HODL. I’ve done it that way since 2015 but I do plan to sell some later this year. I think short term trading is gambling, best to DCA over a long period, nobody ever loses money this way.

Roy Asher

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Just yesterday, in order to buy coins, I spent one night studying coins. I have to go to work the next day. Even though I stay up late, I still insist on going to work, but I don't feel tired, because for the sake of living, I think I can save money for future generations and I am full of motivation.

Chato1977

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Quote from: Hashbon on August 10, 2021, 03:27:06 PM

Trading - One of the most stressful things I have ever done.

It is a rollercoaster of emotions and if you do not have an outlet, it's only a matter of time till you're reenacting scenes from "The Shining"...

How do you cope with the stress of trading?

Asking for a friend Cheesy

Never engaged in things that only bring you stress mate,

so if you only find stress in Trading then why need to continue > there are so many areas where we can make a gaining and in which there is no stress.

boyptc

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Quote from: Hashbon on August 11, 2021, 04:45:29 PM

Quote from: boyptc on August 10, 2021, 04:46:58 PM

Quote from: Hashbon on August 10, 2021, 04:13:41 PM

Quote from: boyptc on August 10, 2021, 04:05:12 PM

Stop trading on that day.

Watch some good movies, animes or look for another thing to do that shall give you relief. We have different activities to do that you like and just do those things that you think will relieve you from stress in trading.

Thank you for your input!

Yeah I think stopping the trade is the way to go, but if you don't have a stop loss then you go from a trader to an investor which fills up your mind no matter what you do Huh

A trader should always follow up his trades with a stop loss. You're really going to have that stressful trades if you don't set that.

It's not always a win so that's why it's important to set your stop loss as it's another reason why traders are having a stressful day. When they forget to stop loss.

You're 100% right on this one... A stop loss is a must have. Sadly I can't say that I've done so religiously haha

Then you have to correct what you've been doing.

It's a stress reliever for worse trades that you might have and at the same time a saver of your balance. Tongue

Hashbon

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Activity: 163

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Quote from: ?? on ??

Hm....interesting question...I need more information about this

what information do you need?

Hashbon

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Quote from: boyptc on August 10, 2021, 04:46:58 PM

Quote from: Hashbon on August 10, 2021, 04:13:41 PM

Quote from: boyptc on August 10, 2021, 04:05:12 PM

Stop trading on that day.

Watch some good movies, animes or look for another thing to do that shall give you relief. We have different activities to do that you like and just do those things that you think will relieve you from stress in trading.

Thank you for your input!

Yeah I think stopping the trade is the way to go, but if you don't have a stop loss then you go from a trader to an investor which fills up your mind no matter what you do Huh

A trader should always follow up his trades with a stop loss. You're really going to have that stressful trades if you don't set that.

It's not always a win so that's why it's important to set your stop loss as it's another reason why traders are having a stressful day. When they forget to stop loss.

You're 100% right on this one... A stop loss is a must have. Sadly I can't say that I've done so religiously haha

Mauser

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Activity: 1694

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Quote from: Hashbon on August 10, 2021, 03:27:06 PM

Trading - One of the most stressful things I have ever done.

It is a rollercoaster of emotions and if you do not have an outlet, it's only a matter of time till you're reenacting scenes from "The Shining"...

How do you cope with the stress of trading?

Asking for a friend Cheesy

It is hard to give advice here because everybody is different. I had problems with stress too when I did day trading. I always felt like I sold to early or too late. By the thing with trading is that we can't always find the perfect timing. We need to beware that we are going to make a loss on some trades. As long as we win more than lose we should be fine. Try to clear your had in the evening.

ethereumhunter

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I agree with @boyptc suggestion to stop trading if you feel stress. It is no problem if you become an investor because you only sell your coins when you get profit and that will not make you feel confused or stress with the price movements. That will be better to do, especially if you hard to handle your emotion in trading. Setting a stop loss will help you to prevent the big loss.

boyptc

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Quote from: Hashbon on August 10, 2021, 04:13:41 PM

Quote from: boyptc on August 10, 2021, 04:05:12 PM

Stop trading on that day.

Watch some good movies, animes or look for another thing to do that shall give you relief. We have different activities to do that you like and just do those things that you think will relieve you from stress in trading.

Thank you for your input!

Yeah I think stopping the trade is the way to go, but if you don't have a stop loss then you go from a trader to an investor which fills up your mind no matter what you do Huh

A trader should always follow up his trades with a stop loss. You're really going to have that stressful trades if you don't set that.

It's not always a win so that's why it's important to set your stop loss as it's another reason why traders are having a stressful day. When they forget to stop loss.

Hashbon

copper member

Activity: 163

Merit: 2

Pass.Hashbon.com - Anonymous KYC is Now a Reality

Quote from: boyptc on August 10, 2021, 04:05:12 PM

Stop trading on that day.

Watch some good movies, animes or look for another thing to do that shall give you relief. We have different activities to do that you like and just do those things that you think will relieve you from stress in trading.

Thank you for your input!

Yeah I think stopping the trade is the way to go, but if you don't have a stop loss then you go from a trader to an investor which fills up your mind no matter what you do Huh

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Stop trading on that day.

Watch some good movies, animes or look for another thing to do that shall give you relief. We have different activities to do that you like and just do those things that you think will relieve you from stress in trading.

Hashbon

copper member

Activity: 163

Merit: 2

Pass.Hashbon.com - Anonymous KYC is Now a Reality

Trading - One of the most stressful things I have ever done.

It is a rollercoaster of emotions and if you do not have an outlet, it's only a matter of time till you're reenacting scenes from "The Shining"...

How do you cope with the stress of trading?

Asking for a friend Cheesy

Topic: How do you cope with the stress of trading? - page 2. (Read 232 times)