How do you Keep up with trading when you are feeling down?

Zoomic

sr. member

Activity: 616

Merit: 271

Quote from: VicManton on August 02, 2024, 12:13:39 PM

I have heard a lot of things about Bitcoin trading and even, most especially futures trading and how volatile it can be and how some countries have banned it.

Some have even gone to share with some newbies and are scared I'm new to futures, but I am thinking of starting now and some I believe to ease the fear, some reward system or back up for newbies, like having some pool of rewards to incentivise traders foe reaching a milestone sort of and it shouldn't be too high, Something around 2k usdt should be fair enough.

You are not just feeling down, but you are scared of having losses. I wonder how you intend to do well in trading when you are already scared of what you'll be expecting. Losses are part of trading, the only way you can minimize your losses is by learning all you need to know and gain some confidence.

For now, you need a genuine mentor that will teach and guide you because it is obvious you still have alot to know about futures trading, the market and the right strategy to use. You also need to work on your emotions, build a positive mindset/attitude towards futures trading. If after working hard to build confidence you are still scared of trading, then you need a break from trading.

justdimin

hero member

Activity: 3164

Merit: 675

www.Crypto.Games: Multiple coins, multiple games

Quote from: shawonngp on August 27, 2024, 11:13:07 AM

Quote from: VicManton on August 02, 2024, 12:13:39 PM

I have heard a lot of things about Bitcoin trading and even, most especially futures trading and how volatile it can be and how some countries have banned it.

Some have even gone to share with some newbies and are scared I'm new to futures, but I am thinking of starting now and some I believe to ease the fear, some reward system or back up for newbies, like having some pool of rewards to incentivise traders foe reaching a milestone sort of and it shouldn't be too high, Something around 2k usdt should be fair enough.

Trading is not a quick way to make money, especially future trading is very dangerous for newbie and sometimes for experienced traders, when you have lack of knowledge in trading which can be spot or future trading you are feeling down, why you need to trade if you are feeling scared, don't trade without confidence.

Well, we can't say that it is not a quick way of making money, we can say that it is a very highly risky way of making money quickly. Can we say that 90% of the newbies will lose all their money when they try to do leverage? Yes, it's true that it's almost equal to gambling all your money when you are a newbie and doing leverage, it's clear that you are going to lose your money.

But, is it also true that if you just somehow get lucky and end up doing the right decision and the price goes where you want it to go, does that mean you are going to do badly? Of course not, you are going to make a ton of money. Someone can turn 1k into 10k if they are lucky in matter of a day, doesn't mean that they are going to, more than nine out of ten times they are going to end up losing their money and that is why we tell people not to do it, not because it is not a way to make quick money, because it is a way to make a quick money, but because they will lose instead of make any money at all.

royalfestus

hero member

Activity: 2464

Merit: 519

Quote from: Davidvictorson on August 02, 2024, 12:46:20 PM

I don't know if I understand your question very well. I mean the body of the text. However from the topic a lack of confidence could be one of the reasons for this type of feelings, also consistent losses is another reason, and other. I would suggest that when you are feeling down you could watch some trading videos of successful traders who are teaching about trading psychology, you could also listen to podcasts, read a book and another option you may do is to take some break.

It's puzzling to me how some people start a thread, make a post, and then never return. I've read through it, and I still can't grasp what the OP was trying to say. Surprisingly, the thread has grown to four pages of responses. I can't understand how people managed to keep the conversation going and generate such lengthy discussions.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: LogitechMouse on August 27, 2024, 12:18:44 PM

Quote from: VicManton on August 02, 2024, 12:13:39 PM

---

I don't know if I'm dumb, but I can't understand what you're saying here or what you want to share with us OP so I'll just focus with the question.

Quote

Re: How do you Keep up with trading when you are feeling down?

Limit your trades, and take some breaks if you really need to do.

Limit your trades to a point where you need to trade only once a day or week just to lessen the risk. This will help you to stay disciplined and will reduce the pressure hence, that feeling of feeling down will reduce as well. If you're still can't perform really well with your trades, I would suggest that you should take a break. You might get overwhelmed by your losses and it's completely normal especially if you're a newbie in trading. Taking a break will help you clear your mind hence, you will make better decisions by the time you will return back and trade again.

People who are down usually can't make good decisions and because of that, their chances of losing money is higher. Limit when needed, but stop if you really needed to. Don't push because you will just make more losses along the way.

Limiting yourself on the time that you would be experiencing loses specially on trading is something that would really be crucial. On the moment that you are on the verge of stress then it would really be just that
recommended that having some break or having some pause on making some trades. Dont let yourself become that too impulsive on which this could cause up that potential trouble because of bad decision making
specially on the moment that you are really that getting stressed out. Emotion is one of the hardest thing for you to overcome and since we are just humans then there would really be tendency that we might be able to experience such situation and this is why it would really be that important that you should really know on what you should gonna do in times like these. You cant really just make yourself that having some exemption
about the risks since its always been part of trading. The thing on here is that you should really be wary on different conditions and situations and the actions that you should really be making or doing.

LogitechMouse

legendary

Activity: 2576

Merit: 1043

Need A Campaign Manager? | Contact Little_Mouse

Quote from: VicManton on August 02, 2024, 12:13:39 PM

---

I don't know if I'm dumb, but I can't understand what you're saying here or what you want to share with us OP so I'll just focus with the question.

Quote

Re: How do you Keep up with trading when you are feeling down?

Limit your trades, and take some breaks if you really need to do.

Limit your trades to a point where you need to trade only once a day or week just to lessen the risk. This will help you to stay disciplined and will reduce the pressure hence, that feeling of feeling down will reduce as well. If you're still can't perform really well with your trades, I would suggest that you should take a break. You might get overwhelmed by your losses and it's completely normal especially if you're a newbie in trading. Taking a break will help you clear your mind hence, you will make better decisions by the time you will return back and trade again.

People who are down usually can't make good decisions and because of that, their chances of losing money is higher. Limit when needed, but stop if you really needed to. Don't push because you will just make more losses along the way.

Rabata

sr. member

Activity: 938

Merit: 292

Quote from: Antotena on August 09, 2024, 03:38:36 PM

Quote from: VicManton on August 02, 2024, 12:13:39 PM

I have heard a lot of things about Bitcoin trading and even, most especially futures trading and how volatile it can be and how some countries have banned it.

Some have even gone to share with some newbies and are scared I'm new to futures, but I am thinking of starting now and some I believe to ease the fear, some reward system or back up for newbies, like having some pool of rewards to incentivise traders foe reaching a milestone sort of and it shouldn't be too high, Something around 2k usdt should be fair enough.

Not everyone is a fan of future trading neither do I also like it but there are people that does love it, they spend time gambling on it and make their money but I wouldn't advice anyone to do it. However, if you are good at it, then ride on and take that profit and any day you loss, just remember the days you won some good trade from it and how you never wanted to give up. This is what you should do when you are down due to some losses you encountered in trading.

I have seen some traders who are more busy with futures trading than spot trading. They do not enjoy spot trading because there is a long wait. To those traders I would say that if they want to turn trading into gambling it is their personal decision but I will not support them when they lose money and make negative comments about trading. Those who decide to trade must have a good idea before trading. Treating trading as a gambling tool is sure to bring about their own downfall. Futures trading is a type of addiction that should be avoided. While futures trading may seem appropriate for those who have enough money who do not mind losing large amount , futures trading is a money-losing trap for ordinary traders.

shawonngp

full member

Activity: 756

Merit: 107

Buzz App - Spin wheel, farm rewards

Quote from: VicManton on August 02, 2024, 12:13:39 PM

I have heard a lot of things about Bitcoin trading and even, most especially futures trading and how volatile it can be and how some countries have banned it.

Some have even gone to share with some newbies and are scared I'm new to futures, but I am thinking of starting now and some I believe to ease the fear, some reward system or back up for newbies, like having some pool of rewards to incentivise traders foe reaching a milestone sort of and it shouldn't be too high, Something around 2k usdt should be fair enough.

Trading is not a quick way to make money, especially future trading is very dangerous for newbie and sometimes for experienced traders, when you have lack of knowledge in trading which can be spot or future trading you are feeling down, why you need to trade if you are feeling scared, don't trade without confidence.

Yeesha

jr. member

Activity: 60

Merit: 1

Before you started trading you already know the basics of trading, you may lose or you may gain in trading that is the fact about it, you have to be a motivator to yourself and always give yourself a good reason to continue trading no matter what situation you found yourself, trading is a difficult task, you may feel down if you lose but you have to exercise patient and never give up on it, you may enjoy it at the end, eliminate your fear and develop your courage that will facilitate you in making the right decision.

yudi09

hero member

Activity: 1316

Merit: 787

Rollbit - The #1 Solana Casino

Quote from: VicManton on August 02, 2024, 12:13:39 PM

How do you Keep up with trading when you are feeling down?

I cannot do the futures trading because the type of trade is not me not a field that I master well. Let alone when the situation I was feeling down, when the normal conditions were still not 100% I control the futures trading strategy.
Trading is an action that is at risk of losing money if you do not understand well or not the field that is mastered. Too complicated for traders who have never tried futures trading.
I say this if I can understand well about what you mean.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: Dr.Bitcoin_Strange on August 12, 2024, 03:44:06 AM

Quote from: Issa56 on August 09, 2024, 02:16:54 PM

Quote from: Dr.Bitcoin_Strange on August 03, 2024, 01:29:57 PM

Trading is risky, and before you decide to go into trading, you have to accept the risk of either making a profit or losing your money due to market volatility.

If you are going into cryptocurrency, then the first thing you should know is the volatility. You know there is risk involved in it. That’s why you are supposed to invest or trade with any amount that you know you can afford to lose. Anything can happen at any moment, so you have to be prepared for it.

Quote from: Dr.Bitcoin_Strange on August 03, 2024, 01:29:57 PM

The only frequent event that some exchanges open to future traders is a deposit bonus, in which you will be given some bonus (it could be $5–$20) to trade with. If you want to start trading, make sure to learn first on the demo account and have a good idea before investing real money.

The best thing is to just acquire more knowledge about future trading before joining. Make sure you try it out with a demo account, you have nothing to lose when making use of a demo account, and when you switch to a main account, make sure you start with a small amount of money and be prepared to lose. You can’t be a trader, and you won’t be losing. I don’t really think that’s possible. That’s why when trading, always manage your risk.

Yea, you are right. Some newbies are usually advised to only invest a little amount in trading and apply risk management too that can prevent them from losing all their capital at once. For example if the newbie has a balance of $100 in their trading account, they should only enter a position with nothing more than 5% or 10% of their capital so that if the market becomes so volatile, it will not liquidate all their total balance.

A must thing to be done but as a noob then you would really be definitely be doing the different stuff because you would really be that getting bored on having those small amount of risks that you would really be taking because you would really be just that earning something little. On the moment that you would be having this kind of feeling then you wont really be that making yourself that getting contented and this is why you would really be ending up into those decisions that you should really be risking out even more. This is really something a very common newbie mistake.

On the moment that you would really be experiencing those unfortunate conditions then this is the moment that you would really be able to tell into yourself that you are really that definitely
doing the wrong thing. You must have set out that specific risks management percentage on every trades that you would really be making. Real experience would be your
best teacher most of the time. This is why it would really be that important that you should really know on what you are dealing on with and act realistically all the time.

Yeesha

jr. member

Activity: 60

Merit: 1

Quote from: Yamane_Keto on August 03, 2024, 02:46:27 PM

If you can't keep your emotions out of trading, it's best to de-prioritize trading and focus on long-term investments. Trading is about minimizing losses and maximizing profits. If losses are part of what happens when you trade, it's best to learn how to minimize their negative impact.

Exactly, before you start trading you need to put your emotion aside or else it if affect your trading, be aware that you will gain and you will also lose.

but you have to learn more on trading and have enough knowledge on it, by the time you understand anything concerning trade,

than you will be able to control your marketing, and know how to minimize the frequently lost, with this you will become a better trader

Dr.Bitcoin_Strange

hero member

Activity: 770

Merit: 538

Leading Crypto Sports Betting & Casino Platform

Quote from: Issa56 on August 09, 2024, 02:16:54 PM

Quote from: Dr.Bitcoin_Strange on August 03, 2024, 01:29:57 PM

Trading is risky, and before you decide to go into trading, you have to accept the risk of either making a profit or losing your money due to market volatility.

If you are going into cryptocurrency, then the first thing you should know is the volatility. You know there is risk involved in it. That’s why you are supposed to invest or trade with any amount that you know you can afford to lose. Anything can happen at any moment, so you have to be prepared for it.

Quote from: Dr.Bitcoin_Strange on August 03, 2024, 01:29:57 PM

The only frequent event that some exchanges open to future traders is a deposit bonus, in which you will be given some bonus (it could be $5–$20) to trade with. If you want to start trading, make sure to learn first on the demo account and have a good idea before investing real money.

The best thing is to just acquire more knowledge about future trading before joining. Make sure you try it out with a demo account, you have nothing to lose when making use of a demo account, and when you switch to a main account, make sure you start with a small amount of money and be prepared to lose. You can’t be a trader, and you won’t be losing. I don’t really think that’s possible. That’s why when trading, always manage your risk.

Yea, you are right. Some newbies are usually advised to only invest a little amount in trading and apply risk management too that can prevent them from losing all their capital at once. For example if the newbie has a balance of $100 in their trading account, they should only enter a position with nothing more than 5% or 10% of their capital so that if the market becomes so volatile, it will not liquidate all their total balance.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: VicManton on August 02, 2024, 12:13:39 PM

I have heard a lot of things about Bitcoin trading and even, most especially futures trading and how volatile it can be and how some countries have banned it.

Some have even gone to share with some newbies and are scared I'm new to futures, but I am thinking of starting now and some I believe to ease the fear, some reward system or back up for newbies, like having some pool of rewards to incentivise traders foe reaching a milestone sort of and it shouldn't be too high, Something around 2k usdt should be fair enough.

Why do you want to do something you feel no confidence at all and that deep down you know you cannot do well? The solution to your problems is not a set of incentives created by exchanges, the solution is to not engage in futures trading or in any form of trading at all, as I can tell you that just by the way you worded your post, that you have no chance at all to profit from the markets and you will just give your money away to the whales and other traders if you do so.

Mr.sprin

full member

Activity: 1554

Merit: 123

Buzz App - Spin wheel, farm rewards

Quote from: GiftedMAN on August 10, 2024, 04:56:50 PM

I think the state of mind of every trader affects his decision, results and it contributes to his chances of getting profits or losses in trading, you may wonder why I say this but every good trader will attest that having a mixed emotions can contribute to the trader finding it difficult to use good strategies but when one is in good state of mind he can make good decisions which may yield more profit to him.

This is the reason why traders are encouraged to avoid using emotions while trading, you may be in a good mood to trade which is ok but being in a bad state of mind will definitely affect the traders strategies because he will be too slow to take a good decision.

That's right bro, I agree with what you said, a clear mind will make your income clear too, when our minds are confused then avoid trading because it will cause losses for ourselves because we can't think clearly and our thoughts are divided, which will make us wrong. take steps that will make ourselves even more down and confused, so first calm your mind and then do trading safely and we can think about it for a long time, a healthy mind really influences our trading results because we have to think a lot about trading when making wrong decisions This will cause a high risk that our emotions will no longer be able to be controlled properly.

GiftedMAN

hero member

Activity: 924

Merit: 600

Leo is resting.

Quote from: Pandu Geddon on August 10, 2024, 07:07:49 AM

Quote from: Fara Chan on August 10, 2024, 02:37:46 AM

Even if we do not get better results in a more comfortable state of mind, at least we will not be reckless enough to make other decisions so that we can still achieve a sense of relaxation and a calm soul even though the results may not be optimal. Because whatever we do with a sense of comfort and a better level of awareness will not result in anything worse than the actions we take ourselves. So that it can also be an additional key for every trader besides certain knowledge and experience in trading.

,
you are right, the calm state of one's soul and mind actually affects how people make decisions. may not really affect the results, but will affect the effects of the results obtained.
like when we get a loss in trading. if your situation is not good, the results of the defeat can actually be worse with emotions that may be uncontrolled. do everything, not just trading with a calmer mind. it will make the atmosphere better.

I think the state of mind of every trader affects his decision, results and it contributes to his chances of getting profits or losses in trading, you may wonder why I say this but every good trader will attest that having a mixed emotions can contribute to the trader finding it difficult to use good strategies but when one is in good state of mind he can make good decisions which may yield more profit to him.

This is the reason why traders are encouraged to avoid using emotions while trading, you may be in a good mood to trade which is ok but being in a bad state of mind will definitely affect the traders strategies because he will be too slow to take a good decision.

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: doomloop on August 10, 2024, 05:48:19 AM

Quote from: Nrcewker on August 08, 2024, 12:12:45 PM

The rewards that you are referring to are nothing compared to the actual deposits you made. You just need to believe in yourself, that’s all. If you are good at studying the market and analyzing the patterns, then go for it. Otherwise, if you copy calls and trades, then also go for it. If nothing is possible and you want to use your experience of the crypto world to trade, then it's also a better option. You just need to start anyhow. At the initial days, all make losses, and sometimes heavy losses, but guess what we learn from the losses and try to avoid from the next time onwards. I hope you will get this, dude.

When a trader is feeling down because of excessive losses, the best course of action for them is first to take some rest from trading, this doesn't mean they shouldn't look at the market, but they shouldn't make any trades. After that, they should evaluate their past trades and try to find the mistakes they have made. The best traders are the ones who find and rectify their mistakes so that they don't make the same mistakes again in the future.

After some time, when the trader realizes the mistakes and has evaluated everything, they should have more confidence than before because they would now understand what they shouldn't do. Trying different strategies can also be a good option because sometimes some strategies don't work for certain people.

•Call it a day
•Make yourself that get distracted by other things
•Having a break and make those chores same as mentioned above

If you are really that wanting to check on what happened.

• See on what went wrong whether the market had fucked you up or simply your analysis or tools didnt match out?
• Trying out to adjust and trying out to learn on what are the things that you should really be doing on next time.

Speaking about not to quit.

•Loses are part of trading so it would be just that normal that you would be committing those things but of course you shouldnt really be that tolerating it out.
Always lessen the risks as much as possible because we do know that this would really be that a huge disadvantage.
• Mistakes are stepping stones for you to become a better trader so accept on whatever you are currently experiencing.

In overall, we do know that each person will really be that different approach when it comes to things on which there would really be those individuals who would really be
that easily gives up because of being that too much impulsive and there are ones who couldnt really be able to easily give up and would pursue on dealing up with
things accordingly.

Pandu Geddon

hero member

Activity: 826

Merit: 583

Quote from: Fara Chan on August 10, 2024, 02:37:46 AM

Even if we do not get better results in a more comfortable state of mind, at least we will not be reckless enough to make other decisions so that we can still achieve a sense of relaxation and a calm soul even though the results may not be optimal. Because whatever we do with a sense of comfort and a better level of awareness will not result in anything worse than the actions we take ourselves. So that it can also be an additional key for every trader besides certain knowledge and experience in trading.

you are right, the calm state of one's soul and mind actually affects how people make decisions. may not really affect the results, but will affect the effects of the results obtained.
like when we get a loss in trading. if your situation is not good, the results of the defeat can actually be worse with emotions that may be uncontrolled. do everything, not just trading with a calmer mind. it will make the atmosphere better.

doomloop

hero member

Activity: 2408

Merit: 584

Quote from: Nrcewker on August 08, 2024, 12:12:45 PM

The rewards that you are referring to are nothing compared to the actual deposits you made. You just need to believe in yourself, that’s all. If you are good at studying the market and analyzing the patterns, then go for it. Otherwise, if you copy calls and trades, then also go for it. If nothing is possible and you want to use your experience of the crypto world to trade, then it's also a better option. You just need to start anyhow. At the initial days, all make losses, and sometimes heavy losses, but guess what we learn from the losses and try to avoid from the next time onwards. I hope you will get this, dude.

When a trader is feeling down because of excessive losses, the best course of action for them is first to take some rest from trading, this doesn't mean they shouldn't look at the market, but they shouldn't make any trades. After that, they should evaluate their past trades and try to find the mistakes they have made. The best traders are the ones who find and rectify their mistakes so that they don't make the same mistakes again in the future.

After some time, when the trader realizes the mistakes and has evaluated everything, they should have more confidence than before because they would now understand what they shouldn't do. Trying different strategies can also be a good option because sometimes some strategies don't work for certain people.

Fara Chan

hero member

Activity: 1302

Merit: 516

Bitcoin Casino Est. 2013

Quote from: fuguebtc on August 08, 2024, 08:23:29 AM

In trading, emotions play an extremely important role and will even determine whether we win or lose. Therefore, if the spirit is not good, we should stop all activities related to trading to avoid making wrong decisions that lead to heavy losses . The market operates 24/7 and is non-stop so opportunities are always there, we don't need to rush to trade when we are in a bad mood .

A more comfortable mood will always have more influence on the decisions we will make at one time and also at another time because in trading it is highly discouraged to make every decision in a hurry in any situation. And from what you said, this can actually be an important reflection for newbie traders who often make decisions in a hurry without any consideration of their own heart condition which may not be okay.

Quote

Trading and gambling are two things I choose to stay away from when I feel depressed because I am aware that making even a small mistake will cost me a lot . We should only trade when we are in the best and most comfortable mood because then we will bring the best results .

Even if we do not get better results in a more comfortable state of mind, at least we will not be reckless enough to make other decisions so that we can still achieve a sense of relaxation and a calm soul even though the results may not be optimal. Because whatever we do with a sense of comfort and a better level of awareness will not result in anything worse than the actions we take ourselves. So that it can also be an additional key for every trader besides certain knowledge and experience in trading.

Antotena

sr. member

Activity: 490

Merit: 325

Quote from: VicManton on August 02, 2024, 12:13:39 PM

I have heard a lot of things about Bitcoin trading and even, most especially futures trading and how volatile it can be and how some countries have banned it.

Some have even gone to share with some newbies and are scared I'm new to futures, but I am thinking of starting now and some I believe to ease the fear, some reward system or back up for newbies, like having some pool of rewards to incentivise traders foe reaching a milestone sort of and it shouldn't be too high, Something around 2k usdt should be fair enough.

Why am I not understanding your subject and the content you are talking about. Your subject says how does traders or people feel when they are feeling down and then yiu went ahead to discuss effect of future trading and some some countries banning it and newbies scaref of it. Next time, you title should discuss what you are saying and not opposite of each other for good context and understanding.

Not everyone is a fan of future trading neither do I also like it but there are people that does love it, they spend time gambling on it and make their money but I wouldn't advice anyone to do it. However, if you are good at it, then ride on and take that profit and any day you loss, just remember the days you won some good trade from it and how you never wanted to give up. This is what you should do when you are down due to some losses you encountered in trading.

Topic: How do you Keep up with trading when you are feeling down? (Read 952 times)