Trading with emotion causes loses. So oviously you must control emiotion for this you should strong yourself, research,belief your prediction,dont trade so quicly,and if you doupt then asked your friends. i hope i could help you. Manage emotion is different with managed fund or something else. Emotion will influence our strategy decisions in short time and will change our life
Exactly, we don’t have to run from computer and go to some hilly place and see the nature and then relax then what if you come back to that computer again like said here. The thing is your emotions and relaxation depends upon your mind. The fact of the matter is that it can be generally late if you start playing and it will be very difficult to stop. Perhaps this is the main tragedy and problem 
Topic: How do you manage ur emotions? - page 12. (Read 55924 times)
Trading with emotion causes loses. So oviously you must control emiotion for this you should strong yourself, research,belief your prediction,dont trade so quicly,and if you doupt then asked your friends. i hope i could help you. Manage emotion is different with managed fund or something else. Emotion will influence our strategy decisions in short time and will change our life
In every decision you are going to make set your mind that what ever the result is You will accept it.And if you already have that you will not going to panic any more.
In my opinion to manage emotions is dont over trading and doing long term trading. Because in my experience in trading my emotion come when i did day trading because doing to many buy and sell so that i feel tired and then can not control my emotion.
Whatever you do in trading, either short term or long term your strategy matters but if you are not good in managing your emotion then you should not be trading in the first place as definitely you are just throwing your money in the garbage.
You emotion reflects your understanding, if you do not understand well what you are doing then for sure you will easily panic.
In my opinion to manage emotions is dont over trading and doing long term trading. Because in my experience in trading my emotion come when i did day trading because doing to many buy and sell so that i feel tired and then can not control my emotion.
Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
I really like this question. Emotion is hard to master. When i was in poker , i needed to get my brain cold and not get "tilt". That's why i created a specific lifestyle. Sports, respiration exercices, healthy diet helped me to overpass the most difficult moments
I'm not against gambling, look at it this way, managing money that way is the way for people who want to have big disappointments in life. Unfortunately, some people only learn after heavy losses and they regret, but I think this is not necessary because learning must come from effort and dedication, I also mean hard work not from unpleasant experiences. Manage your emotions early enough.
That's it. Winning over time is what it's about. When the market is like this, I just like to forget I even have crypto. I know another rally will come.
But being as objective as you can will help. Do as much research as you can before you make a trade. Stick to your trading rules. Stick to your exits and entries. Play straight logic, nothing more.
But being as objective as you can will help. Do as much research as you can before you make a trade. Stick to your trading rules. Stick to your exits and entries. Play straight logic, nothing more.
Why you tend to change your orders in panic mode? I have experienced before when the market starts to shaken and what I did is I sold everything I had. I didn't listened to anyone that's saying "just hold" because I thought the price will never recover. And now I don't have some strategy or something to manage my emotions. What I do is just don't look at the price when it's too low and stick with what plan you had set like holding for long term.
One can get control over their emotions if he has some experience, without some experience it is difficult to control their emotions. In fact the inexperience people always get panic when they see the price start dumping, it is a fact that we have a lot of previous experience but now i get lessons from that and most of the time trying to hold my bitcoin and not to sell it. Currently i can expect that bitcoin price will very soon recover its position. Trading is such an activity when you should always be cold-blooded ... You should never give in to emotions, especially in this case 
Some wise people just said in this case that if you want to be a winner, you need to win the war of emotions while in a decision making scenario. So yes emotions are of the vital role that can make your decision a good one and a bad one too. No need to go for emotions. Try to avoid any such situation where emotions can overcome you. Trading has this situation many times so be vigilant.
Emotions should be eradicated in your trading. You should have the mindset of a general in the military where before they go to war, they should make it sure that they have already won the war - meaning, you must set a target price to buy and set target prices to sell and follow them strictly without any emotions on it.
can't disagree with you. but in my opinion people became more emotional in last 10 or 15 years with intagrams, facebooks , snapchats etc
people who are emotional and they know it, should not come to this violent market where newbies are slaughter every minute.
of course its hard to keep thinking logically when you bank goes down 20 or more % unless youre sure and confident with what you doing and why youre doing it.
as an example people used to see me as cold since i remember myself, regardless i was really emotional when no one was around. Somehow i learn to separate those 2 things in my life and use them as needed so even if trend goes down and i didin't planed it im not panicking
people who are emotional and they know it, should not come to this violent market where newbies are slaughter every minute.
of course its hard to keep thinking logically when you bank goes down 20 or more % unless youre sure and confident with what you doing and why youre doing it.
as an example people used to see me as cold since i remember myself, regardless i was really emotional when no one was around. Somehow i learn to separate those 2 things in my life and use them as needed so even if trend goes down and i didin't planed it im not panicking
your brains been trained since ice age to run before it's too late, so it's simply your emotions and you let them control you.
remember, they wan't you guys to sell it, that's how we gain money
remember, they wan't you guys to sell it, that's how we gain money
Well our understanding has evolved as well since ice age so we pretty much have more control now than before. Though of course given certain situations it will be quite hard to keep cool. But we can decide now if we want to be affected, and we have options to do something else
your brains been trained since ice age to run before it's too late, so it's simply your emotions and you let them control you.
remember, they wan't you guys to sell it, that's how we gain money
remember, they wan't you guys to sell it, that's how we gain money
Why you tend to change your orders in panic mode? I have experienced before when the market starts to shaken and what I did is I sold everything I had. I didn't listened to anyone that's saying "just hold" because I thought the price will never recover. And now I don't have some strategy or something to manage my emotions. What I do is just don't look at the price when it's too low and stick with what plan you had set like holding for long term.
Trading is such an activity when you should always be cold-blooded ... You should never give in to emotions, especially in this case
Some wise people just said in this case that if you want to be a winner, you need to win the war of emotions while in a decision making scenario. So yes emotions are of the vital role that can make your decision a good one and a bad one too. No need to go for emotions. Try to avoid any such situation where emotions can overcome you. Trading has this situation many times so be vigilant.
Emotions should be eradicated in your trading. You should have the mindset of a general in the military where before they go to war, they should make it sure that they have already won the war - meaning, you must set a target price to buy and set target prices to sell and follow them strictly without any emotions on it.
Trading is such an activity when you should always be cold-blooded ... You should never give in to emotions, especially in this case
Some wise people just said in this case that if you want to be a winner, you need to win the war of emotions while in a decision making scenario. So yes emotions are of the vital role that can make your decision a good one and a bad one too. No need to go for emotions. Try to avoid any such situation where emotions can overcome you. Trading has this situation many times so be vigilant.
It is hard to control one's emotion especially if you'll see that the market is going down you are tend to panic sell your coins just what happened few days ago wherein all coins have a big dip. The most important thing must a trader have is patience we need lot of it to be able to survive trading and avoid any losses.
To rely on extraordinary emotions I usually sell some coins to move to another altcoin that has a fast price movement so there is still a chance to make a profit every time and emotions can disappear by itself after I can make money.
Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
we should have more patience, and should know that this kind of thing is a sure risk we will face, we must realize that the work we do is a business that brings benefits and losses, I think this way can regulate emotions. While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
Why you tend to change your orders in panic mode? I have experienced before when the market starts to shaken and what I did is I sold everything I had. I didn't listened to anyone that's saying "just hold" because I thought the price will never recover. And now I don't have some strategy or something to manage my emotions. What I do is just don't look at the price when it's too low and stick with what plan you had set like holding for long term.
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