How do you cope with the stress of trading? - page 3.

stomachgrowls

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Quote from: Finestream on September 15, 2021, 03:41:10 PM

Quote from: carlfebz2 on September 15, 2021, 03:20:45 PM

Quote from: luca prieto on September 13, 2021, 04:27:50 AM

I think that trading is one of the most stressful things.
It is a rollercoaster of emotions and if you do not have an outlet,you will make some mistakes easily.
How do you cope with the stress of trading?

1. Stop when you are already being compulsive
2. When you dont know on what you are doing or doesnt really end up on having any strategies in mind
3. Distract yourself on something which could make you calm.
4. Go back in trading when you had already calmed yourself

Whenever you do get yourself some experience on this market then you would eventually learn up for you to handle your emotion as you do go by.

Yes, it will be hard to control our emotions when trading at first but we will learn to handle them as time goes by. Trading can end up a stressful thing if we keep on making losses rather than expecting to make profits. And it will never be avoided for sure because if you become a trader, expect things that are not on your plan and losing is really a big part of it.

But we all have different way on how to conquer it. I personally take a break from trading when things becomes so hard to make profits and so i just leave trading and come back only when my mind is already at peace. Most of the time, i enjoy having a good talk with my family and friends and do some refreshing activities and after that, i'm ready for trading again.

Having a break is always been suggested because trading is indeed a stressful thing and on the time i do experience stress and anger then i do play some games specially e-sports or mmropg.

On this way i do really ease up myself and able to go back in track with calm and relax mind and it is much better if you do have this kind of control because if you do proceed on trades

with having that distracted mind because of emotion then you would really be experiencing more mistakes which should really be avoided.

Dread Pirate Roberts

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Quote from: luca prieto on September 13, 2021, 04:27:50 AM

I think that trading is one of the most stressful things.
It is a rollercoaster of emotions and if you do not have an outlet,you will make some mistakes easily.
How do you cope with the stress of trading?

depending on how often you stay looking at the chart. or do the same thing over and over again. I am now more like passive trade and holder so maybe only few time a day i see crypto chart and only few minutes read news about crypto. too often look at the chart also makes people greedy . what is stressful is when you look at the chart every minute.

Meta anggraini

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Nowadays im stop trading since its stressful and not worthy anymore. I prefer staking and compounding with many options on DeFi platform. Its steadily increasing my portfolio without take any stress anymore, also its a bit fun to do compounding everyday. U can also combining it with LP Providing which have more APY, but make sure u learn about the risk of impermanent loss first.

wheelz1200

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Quote from: luca prieto on September 13, 2021, 04:27:50 AM

I think that trading is one of the most stressful things.
It is a rollercoaster of emotions and if you do not have an outlet,you will make some mistakes easily.
How do you cope with the stress of trading?

Stop trading. Buy/Hold. Don't look at charts daily and watch thrlugh the years as your position increases. I mean people make good money trading but there are plenty that get wiped out.

Finestream

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Quote from: carlfebz2 on September 15, 2021, 03:20:45 PM

Quote from: luca prieto on September 13, 2021, 04:27:50 AM

I think that trading is one of the most stressful things.
It is a rollercoaster of emotions and if you do not have an outlet,you will make some mistakes easily.
How do you cope with the stress of trading?

1. Stop when you are already being compulsive
2. When you dont know on what you are doing or doesnt really end up on having any strategies in mind
3. Distract yourself on something which could make you calm.
4. Go back in trading when you had already calmed yourself

Whenever you do get yourself some experience on this market then you would eventually learn up for you to handle your emotion as you do go by.

Yes, it will be hard to control our emotions when trading at first but we will learn to handle them as time goes by. Trading can end up a stressful thing if we keep on making losses rather than expecting to make profits. And it will never be avoided for sure because if you become a trader, expect things that are not on your plan and losing is really a big part of it.

But we all have different way on how to conquer it. I personally take a break from trading when things becomes so hard to make profits and so i just leave trading and come back only when my mind is already at peace. Most of the time, i enjoy having a good talk with my family and friends and do some refreshing activities and after that, i'm ready for trading again.

carlfebz2

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Quote from: luca prieto on September 13, 2021, 04:27:50 AM

I think that trading is one of the most stressful things.
It is a rollercoaster of emotions and if you do not have an outlet,you will make some mistakes easily.
How do you cope with the stress of trading?

1. Stop when you are already being compulsive
2. When you dont know on what you are doing or doesnt really end up on having any strategies in mind
3. Distract yourself on something which could make you calm.
4. Go back in trading when you had already calmed yourself

Whenever you do get yourself some experience on this market then you would eventually learn up for you to handle your emotion as you do go by.

SquallLeonhart

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Quote from: Natalim on September 15, 2021, 01:57:54 AM

Just don't expect profits all the time because once your mindset is like that, you will never be stress in times you get losses. Trading may require the best of us to make profits but we know we can't do that all the time. Crypto market is very unpredictable and so as trading crypto outcome too.

I personally have my own leisure time too wherein i get off from in front of my monitor and enjoy the things that has nothing to do with trading anymore. Trading is really stressful so you need to divert your mind somehow in things that will make you more refresh.

I play PC games for that, it is really a great feeling to just let things go and have fun as much as you want when you get the time. I haven't had the time lately but normally whenever I have the time I end up playing games, it really gives me perspective on what really matters and what doesn't. There are things in life that are very valuable but not important at all. For example many people are supporting a sport club, which is very valuable, you should be fan of a sports team because it gives you a great feeling when you win and upset when you lose, it is like threatening really.

But, it is not important at all, if soccer was gone tomorrow, world would not be a worse place, wouldn't be a better place neither, it would change literally nothing (maybe some super rich soccer players would not be rich). Crypto trading is exactly that, I already have my job, crypto trading is not my income, I could stop tomorrow and it would not matter to me at all, nothing in my life changes. So I started to use it like a PC game, valuable but not important.

Reatim

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Quote from: luca prieto on September 13, 2021, 04:27:50 AM

I think that trading is one of the most stressful things.
It is a rollercoaster of emotions and if you do not have an outlet,you will make some mistakes easily.
How do you cope with the stress of trading?

I am not in to trading for more than 2 years now, so i think i have no big points to share here but wayback when i was still trading , Only Bottle of Beer and a Live football Game is what my stress reliever .

and also bonding with my wife and Son ? they are enough for me to take the the stress out.

Quote from: naikturun on September 15, 2021, 01:22:30 AM

do other things that can make you forget trading for a while, usually I hang out with my friends in a cafe, watch a movie, or go on vacation but the last option costs a lot so I suggest 1 and 2 only.

What i did in the past as i found this very stressful ? i stopped trading instead i start to invest for long term small amount at a time.

now at least i can see my profit each year or more.

Natalim

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Quote from: Chato1977 on September 15, 2021, 01:32:03 AM

Quote from: luca prieto on September 13, 2021, 04:27:50 AM

I think that trading is one of the most stressful things.
It is a rollercoaster of emotions and if you do not have an outlet,you will make some mistakes easily.
How do you cope with the stress of trading?

Never put 100% of your expectation into this business , meaning trade with limitation and small expectation , never seek for too much profit instead just put your profit into 20-40% that is basically the practical income for you not to be more stressed in trading.

Just don't expect profits all the time because once your mindset is like that, you will never be stress in times you get losses. Trading may require the best of us to make profits but we know we can't do that all the time. Crypto market is very unpredictable and so as trading crypto outcome too.

I personally have my own leisure time too wherein i get off from in front of my monitor and enjoy the things that has nothing to do with trading anymore. Trading is really stressful so you need to divert your mind somehow in things that will make you more refresh.

Chato1977

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Quote from: luca prieto on September 13, 2021, 04:27:50 AM

I think that trading is one of the most stressful things.
It is a rollercoaster of emotions and if you do not have an outlet,you will make some mistakes easily.
How do you cope with the stress of trading?

Never put 100% of your expectation into this business , meaning trade with limitation and small expectation , never seek for too much profit instead just put your profit into 20-40% that is basically the practical income for you not to be more stressed in trading.

naikturun

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do other things that can make you forget trading for a while, usually I hang out with my friends in a cafe, watch a movie, or go on vacation but the last option costs a lot so I suggest 1 and 2 only.

gaston castano

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the way I do is play games or do things I like, even though I like trading but I will feel stressed if I do it continuously. and also I don't do daily or short trades every day, only when I feel I have made a new profit I will sell it.

xzone

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The longer you stare at the screen, the more stress you get. Trading is not an easy task, technical analysis alone is not enough. If you can't control your emotions, you will definitely make mistakes and lose money.
You need to both follow closely and distract your mind. In order to achieve this, watching series, playing games or going out can be good options. Also, beware of people who make fud Cheesy

reza7777

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What is really stressful about trading? To be honest I never experience stress when it comes to trading because I always think optimistically when there is a price drop

bakasabo

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I've mentioned it several times on the forum already, but I will repeat that the best way to cope with stress is to set a goal. Even though I'm not a frequent trader, I use that tactics all the time and it helps.

For example I've bought Waves when the price was a bit higher than $3 in 2018. Set a goal that I will sell it only with profit and waited nearly 2 years till the price recovered to $3. Even though I have sold it in the beginning of the growth at $5, I was happy with it. And even missed opportunity to sell it at $30 does not bother me.

suryogandul

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Quote from: luca prieto on September 13, 2021, 04:27:50 AM

I think that trading is one of the most stressful things.
It is a rollercoaster of emotions and if you do not have an outlet,you will make some mistakes easily.
How do you cope with the stress of trading?

I always trade in many places such as cafes, coffeeshops or wifi spots at my place. for me it can be a little less stressful in trading. There are actually many factors that can relieve stress. but that's what i'm doing now and i can successfully do it

inanilujimi

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Don't just spend time in front of the screen, sometimes if I feel tired with market movements, it's better to go find other entertainment, maybe talking with friends or girlfriends can add new enthusiasm again.

GreatArkansas

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Quote from: darkangelosme on September 13, 2021, 06:58:48 PM

Quote from: luca prieto on September 13, 2021, 04:27:50 AM

I think that trading is one of the most stressful things.
It is a rollercoaster of emotions and if you do not have an outlet,you will make some mistakes easily.
How do you cope with the stress of trading?

What i do from coping stress from Bitcoin is playing mobile games Grin

, and also i do not put my entire time on trading, i checked my trades 2 times a day, in morning and ones in evening.

+1 this is another good choice.

Doing things that not involved any trading or not about trading or markets is the best way. Especially doing things off the screen, not in front of your monitor or phone. Doing leisure things will do, going out too, have some sun and fresh air will do, exercise for a bit.
Always remember that "Not trading is a good position", which means taking a break will make your trading life healthy.

darkangelosme

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Quote from: luca prieto on September 13, 2021, 04:27:50 AM

I think that trading is one of the most stressful things.
It is a rollercoaster of emotions and if you do not have an outlet,you will make some mistakes easily.
How do you cope with the stress of trading?

What i do from coping stress from Bitcoin is playing mobile games Grin

, and also i do not put my entire time on trading, i checked my trades 2 times a day, in morning and ones in evening.

Shasha80

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Quote from: Slow death on September 13, 2021, 06:41:32 PM

trading is something that a person needs to be patient, without patience it is difficult to do day trade, there are days when I lose money and I get very angry and stressed, when this happens I like to stop for a while and watch movies, animes, watch games. soccer and playing video games. but there have been days when my stress was so great that I broke the mouse, for example there was a time when I bought LTC for the price of $204 dollars and forgot to put stop-loss and when I saw the price of LTC had dropped to $124, I had a big loss and that made me stressed

Everyone experiences stress when trading, including me also experienced stress several times. Moreover, volatile crypto prices definitely stress us out,
because their movements are very difficult to predict. I'm like you, when it comes to losses when trading, decided to stop for a while and do other
activities that can relieve the stress that I was experiencing. It's not easy trading crypto, we must be able to control our emotions, it is very important
to practice our patience when trading. Because being patient can slightly reduce the stress we experience.

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