How do you manage ur emotions? - page 18.

laxinternational

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Quote from: Japinat on December 31, 2017, 06:25:30 PM

Quote from: annicketucufaw on December 31, 2017, 05:44:22 PM

I manage my emotions by talking to my self alone when I feel relaxed. Asking myself if what I have done is wrong or right. After talking to myself, I will realize what should I have done and what shouldn't be done.

Well, what's important is we can calm down ourselves, we have different ways in managing our own emotion since if we cannot manage it right it will make us lose a lot of money because we will be aggressive in trading without employing the proper strategy that we have plan beforehand.

That's what I'm trying to do while doing stressfull trades on the screen. I sometimes lose the control and can't control my emotions. They cause some mistakes and they become the reasons of the mistakes.

Japinat

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Quote from: annicketucufaw on December 31, 2017, 05:44:22 PM

I manage my emotions by talking to my self alone when I feel relaxed. Asking myself if what I have done is wrong or right. After talking to myself, I will realize what should I have done and what shouldn't be done.

Well, what's important is we can calm down ourselves, we have different ways in managing our own emotion since if we cannot manage it right it will make us lose a lot of money because we will be aggressive in trading without employing the proper strategy that we have plan beforehand.

annicketucufaw

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I manage my emotions by talking to my self alone when I feel relaxed. Asking myself if what I have done is wrong or right. After talking to myself, I will realize what should I have done and what shouldn't be done.

man22555

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Quote from: mutrang23 on December 31, 2017, 05:11:19 PM

Quote from: tylerDjack on January 20, 2017, 03:27:25 AM

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?

I'm a gambler, I lost a lot of money to gambling This is crazy, I can not believe I'm trying to win a game that can never win if I can not control my emotions.

Believe me, it's absolutely neccessary to make this experience. I hope you didn't lost everything that you owe...

Wanna know what helped me?
Give yourself a goal before you start to gamble. If you usally made x2 before losing (just an example, rely on your experiences!), set your goal at x1.3. When you reached it, withdraw and stop for at least 48 hours.

mutrang23

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Quote from: tylerDjack on January 20, 2017, 03:27:25 AM

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?

I'm a gambler, I lost a lot of money to gambling This is crazy, I can not believe I'm trying to win a game that can never win if I can not control my emotions.

man22555

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Quote from: tylerDjack on January 20, 2017, 03:27:25 AM

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?

To be honest i don't feel the same way.
All you have to do is to be confident about yout portfolio.
The best thing for you obviously is: you recognized this "problem" Roll Eyes

Sometimes i expect a coin to rise in a few days, but i end up holding it some weeks before it gained enough value. I'm ok with the "delay", and if you are as well, you will probably don't feel uncomfortable any more.

geegaw

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Quote from: Yzhel on December 31, 2017, 05:55:15 AM

Quote from: Dr.Osh on December 30, 2017, 11:49:27 PM

lately, I was wrong in predicting something, maybe because of my impatience in trading. controlling emotions may be very easy for me, because it can be said that I am a fairly calm person, but I am very difficult to be patient lately.

That is normal at least you realize your mistakes right? I myself have a lot to regret to for as long as I earn even for a little I am withdrawing immediately what I have in my wallet without analyzing and paying attention that it can be higher that I think it could be, so it is really important to know what we are entering to not just investing on it.

Well, what we need most to solve the problem of emotional management, that is the experience, any mistake in managing emotions, it will also bring us experience and from that we will not make the same mistake, we have more experience, we will be easier to manage emotions, that is one thing I am sure. In addition, I think we need to learn more from other traders who have been involved in the trading world for a long time, their experience is very rich, they know the psychology that we often face and give very good advice, and we should accumulate more knowledge and analytical skills, solid knowledge will make our psychology more stable, the emotions will be less volatile

bitcoinKnight809

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Emotions need to be taken out of the equation totally. Sound decisions made based on numbers and analysis are the only factors that need to be considered.

mininglegend1234

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Quote from: RealPhotoshoper on December 29, 2017, 05:26:13 AM

Quote from: ImSuparmin on December 27, 2017, 02:25:06 AM

Quote from: RealPhotoshoper on December 27, 2017, 01:38:44 AM

Quote from: maot4 on December 21, 2017, 07:55:25 AM

Its easy to get carried away especially with how the market has been rising lately.. I personally just determine what my goal is and stick to it, I.e. am I looking long term or just looking to get a specific profit and move on.. I would say determine what you want and stick to it where possible

Stick to the plan , that is the hardest part. Always easy said than done yeaaa.
Emotions come spontaneusly , noone can guarantee to control over it even you have planned it all since long time ago.
You should get used to have a good emotion control in your daily life , otherwise any goal will get broke with your uncontrollable emotion.

I agree with your opinion, everything that we do without stable emotions, everything will just be in vain, it is very difficult to control emotions, but if we run it with the heart, surely we can control our emotions.

That's why it is called emotions , you never know you could be in anger , happy and feel upset especially when it comes thinking about money.
You stake money there in hope to get profit and controlling emotion never be easy.
You know why it is because you never did it since first time , so simply you need to train about it more often , gor example keep thinking to play safe to get a little profit but steady.

Exactly I think in the beginning it is really hard to control your emotions because being a newbie you don't have enough experience. you have just started on crypto trading, its really hard to control your emotions in the beginning. Specially if you are seeing that you are losing your investment. That's why during price crash, newbies are the most affected by it because they panic and just sell everything loosing money.

IgniHash

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Honestly, this part is the difficult thing to manage. Sometimes, when i loose a lot of money because of crypto trading, it's makes me lost confidence. Usually, to manage my emotion, i try some outdoor activity. That's make me feel more better.

biboy

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Quote from: feelideb on December 31, 2017, 08:29:47 AM

Emotion and trading don't mix. It's like oil and water. To manage your emotion, you must first recognize it. What are the emotion that trigger your buying and selling decision. After recognising it, then yank it out!

That is a good example for us to be able to become successful we need to manage our emotions just like in real life even if we are College graduate and have a good job when our boss suddenly freak out because we made mistakes then since you can't control your emotion you freak out as well then with that you loss your job just like in trading.

feelideb

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Emotion and trading don't mix. It's like oil and water. To manage your emotion, you must first recognize it. What are the emotion that trigger your buying and selling decision. After recognising it, then yank it out!

Partizanai

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With more experience, more emotional stability comes. I used to worry about the outcome of my day trading but now i much more relaxed about it

Yzhel

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Quote from: Dr.Osh on December 30, 2017, 11:49:27 PM

lately, I was wrong in predicting something, maybe because of my impatience in trading. controlling emotions may be very easy for me, because it can be said that I am a fairly calm person, but I am very difficult to be patient lately.

That is normal at least you realize your mistakes right? I myself have a lot to regret to for as long as I earn even for a little I am withdrawing immediately what I have in my wallet without analyzing and paying attention that it can be higher that I think it could be, so it is really important to know what we are entering to not just investing on it.

Dr.Osh

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lately, I was wrong in predicting something, maybe because of my impatience in trading. controlling emotions may be very easy for me, because it can be said that I am a fairly calm person, but I am very difficult to be patient lately.

TERA2

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imking

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Our emotions we will control it later. Emotions or panic in trading only at the beginning of the trading activities. We don't have still a lot more experience on the trading that why we are panic, or we can’t control the emotion. As long we do trading like 6-12 months we will able to eliminate the emotion or panic. We will become master in trading.

Misshi

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Controlling our emotions in trading is very important. Because when you cannot control your greed or you cannot handle your emotion with a slight drop in price then you will end up selling with a bad point. So before you invest or trade, keep your emotions intact.Keeping yourself calm will let you decide and think properly.

Mr.John19

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Quote from: tylerDjack on January 20, 2017, 03:27:25 AM

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?

The worst things in the trader are our emotions. Mostly if we are panic selling or buying with the bitcoin. This happened because of the movement of the value of it. We should control our emotions if we don't control it they the one will control us. We should take a small break and relax a while, and then back again, think very well the next step.

jinx029

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any business person should always make assumption of risk, in the process you prepare for the worst, so whatever comes you will be able to bear.

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