How do you cope with the stress of trading? - page 4.

Koutami

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The main thing is your readiness to lose. If you are not ready then the stress will get. in crypto trading you need strategy and commitment in making choices. without it all you will just make the same mistakes over and over again.

To build the readiness is by limitting the amount of lose you wont regret so much. After you reaching that amount, take a break and get ready for another trading day. Its my strategy to coping the stress during trading activity.

Slow death

legendary

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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

South Park

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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?

This is a critical question that many never ask, many people have the mistaken idea that they can trade and make profits easily and never get any stress, but this is not true, trading is an incredibly stressful job in which you always need to be at your best and perform, this is not true for the majority of jobs and this generates stress, however there is not a recipe to help you deal with this as each person is different, personally before the pandemic I took a walk and breath some fresh air but that is not as easy to do now as it was back then.

huu78

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Of course losing in a trade will be stressful.
I personally have no way of dealing with that, but at least before I make a trade I make sure to be prepared for the risks involved, and I set 2 points on the trade. First, if I get 5-10% profit in 2 days I will sell it, and if I get more than 5% loss in 1 day I will sell it. losing this amount wouldn't stress me out, and getting a profit like that was enough for me.

irixo10

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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?

In order for anyone to cope with the stress of trading, the person ought to have known what trading entails, you don't just do trading because your friends are doing it, rather you do it because you want to and ready to pay the price attached to it once anyone interested in trading understand this, the person will be a better trader thus overcoming stress through knowing when to trade and when to exit.
Also, some people who found trading stressful went into long term holding and/or investing in new projects that will give them good profits.
So in all, it is wise to know what your capabilities are and utilize them to the fullest.

Scripture

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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 don’t trade daily because that’s too stressful so I allow myself to trade longer because I know its more worth it and there’s no rush for me to make profit because for me, there’s always a perfect timing for everything. Yes trading is more stressful if you failed to create strategy, so better not to skip this one.

electronicash

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diverting your focus to something else will work. you just have to make sure you have all set take profit, stoploss and then move on while crossing your fingers.

if its a very unsure trend i don't trade so less thinv to think about. jjst relax and find your favorits youtube chanel for new updates.

tippytoes

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Quote from: maju69 on September 13, 2021, 02:38:28 PM

If it makes you feel like trading is a stressful way why not just take up futures trading? You don't need to watch price movements for 24 hours and save sales. Because crypto trading is not to stress you out, but to teach patience in dealing with markets that are not always on top. So while this can be simplified, don't make it difficult.

In my opinion, futures trading is a very risky type of trading as compared to spot trading. People who will venture into this type of trading should know what he's getting into. Because your funds can be liquidated fast if you are not careful here. So in terms of stress relief in terms of trading activities, why not pause or take a break if you feel your mental health is being compromised. You know yourself more than anybody, so you should know when to stop and not.

maju69

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If it makes you feel like trading is a stressful way why not just take up futures trading? You don't need to watch price movements for 24 hours and save sales. Because crypto trading is not to stress you out, but to teach patience in dealing with markets that are not always on top. So while this can be simplified, don't make it difficult.

Ararbermas

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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?

if you know how to build new strategies when something bad happens to your trade probably you can reduce stress while trading, actually no one can skip such situations because it's part of the game and it's normal wherein everyone had the same experienced because of the behaviour of the crypto market.. You need to be smart to make the story short.. And yes enough knowledge is the key for us to surpass all the situation in trading..

Raflesia

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When the market is bearish as it is today I'm sure there will be many traders who are stressed to see market conditions and also assets are reduced due to fluctuating prices, the only stress relief is not to visit the market again in the near future if to be watched continuously this will certainly be a burden on you and become excessive stress.
To be honest I have also been losing money at the moment but I don't open my market and portfolio very often so I thought I should calm down in another way.

nira09

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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?

True, Crypto trading can be stressful for us, Especially if our portfolio is down. To deal with the stress of falling prices, I work around this by dividing the funds for each trade, So when the price goes down we can see it as an opportunity to buy again.
Besides that we also need to divide the time to trade, don't overdo it, leave time to enjoy life in the real world

lobo13hf

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As long as you can maintain your stressful caused by doing trade in the volatile market and it must not become the stressful things.
So many people didn't have enough patience and they were feeling worry to see their portfolios to go down once the dump occurred on the bitcoin as the impact from the bad news or overbought area that already happened with bitcoin.

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

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?

All of people can make mistake but that totally depends on how good you can manage your emotion to not be a greedy traders when you were getting decent profit from your trade. So many traders were expecting to get more from their portfolios and this is making people to all in their portfolios. I personally will always try to divide my money into the some things like reserved funds, long term, short term investment and the rest to be used for the daily trade. This to gives more guarantee for me to not lose all of money at once. This will not make me feel panic or stressful in my trading activities.

domoy77

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to reduce stress I always divide the time. use weekends for holidays or doing things that are not related to trading. This is a powerful way to relieve stress when the mind is saturated. forget about the market and leave all things trading related, use your weekend for vacation, relax with family, or play online games is also a pretty good way.

Everyone has a different way of de-stressing in their heads, and maybe the methods like yours are very common to everyone who is stressed from trading in crypto for too long, but I personally only use a little time to refresh the place - tourist attractions that are easy to find in my environment, because with that my enthusiasm in dealing with all things can increase and the stress can also be lost.

sangjoewara

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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 have never been stressed in dealing with any trade in the crypto space and any market conditions have never been stressful for me personally,
because I have always been very relaxed at all times.

livingfree

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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 because you should maintain if you're in profit and you have to recover when you're at loss and that makes it stressful because you have to do something for you to retain your losses.

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

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?

Just stop yourself with a day or two and have your me-time to cope up with the stress.

luca prieto

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Merit: 1

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?

Topic: How do you cope with the stress of trading? - page 4. (Read 491 times)