Topic: How do you manage ur emotions? - page 27. (Read 55934 times)
It's a bad way to trade when you put emotions into it. You will make bad decisions and might even loss you in the long run. First you must decide if you are ready for the investment or not. Second think about it at many times. Lastly take time to break when your in bad mood or bad day.
Managing emotions is fairly simple, just don't bet more than you're willing to lose and you'll never have an issue.
Once you step over those boundaries then fear kicks in.
If you don't have a lot of money, DON'T invest. You aren't an investor. There are certain individuals who are able to invest (when you have disposable revenue).
Once you step over those boundaries then fear kicks in.
If you don't have a lot of money, DON'T invest. You aren't an investor. There are certain individuals who are able to invest (when you have disposable revenue).
Before, I could not control my emotions for a long time, but then I began to follow a clear plan, no matter what, and my stub profit was more stable than when I was giving in to emotions.
You are one of the people who managed to control emotions, it is important if you want to profit from trading Panic is the most dangerous condition for trader. Because decisions we have thought carefully into doubt are due to circumstances that are not in accordance with the foreseeable, and that is common. Solution is, do analysis carefully by taking information from various sources that can be relied upon and convince your heart that's just wave of your trading journey.
Panic and flash crash on market very same, because after flash crash on market will create some waves make many trader continue this trend and create panic. The whales always know they have this advantage and control our emotion.the volality that often makes me panic, especially if bitcoin is being hit by hard rumors, but I keep trying to understand the pattern, sometimes I try to think from the whales perspective and find the point where there is a price rebound after a hard wave of pullback, I do not often spend my emotions in trading are therefore not needed
You shoud start trading with small amount. Keep on doing and make a habit of experiencing loss to control your own emotions. If you start trading with a huge amount, you will most likely be discouraged or eventually stop trading when you experience loss.
That is a good way of getting rid of tensions of losses. But I have another way as well. Use different kind of strategies on lower level of trading. Try to invest that much amount of which you can afford the loss. And try to discuss it with someone trust worthy. Sharing will keep you relaxed. Try to be more social. And whenever you get any loss just let it go and be positive.You could directly uses a huge amount as long as you can afford to lose it.
Always take a break for a while after you get a nice profit or when you get a bad move.
It's very important to take a break when we are losing so we could analyze what are our mistakes and on a timely manner we will be able to adjust it to make it work again. Not all the time we make profit, that's part of the journey, therefore it's needed to adjust every time we lose.
Better to take a break in both situations , otherwise things could went worse.
That's based on my own personal experience which so far so helpful when i keep doing it.
If we have a plan, we can combat the FUD and other emotional and no reason betting or trading. Pre-planned trade and gambling is the key to get away with rage betting and trading because with a plan, no emotions are really much involved - unless you will become emotional on the process and don't follow your plan.
You shoud start trading with small amount. Keep on doing and make a habit of experiencing loss to control your own emotions. If you start trading with a huge amount, you will most likely be discouraged or eventually stop trading when you experience loss.
That is a good way of getting rid of tensions of losses. But I have another way as well. Use different kind of strategies on lower level of trading. Try to invest that much amount of which you can afford the loss. And try to discuss it with someone trust worthy. Sharing will keep you relaxed. Try to be more social. And whenever you get any loss just let it go and be positive.You could directly uses a huge amount as long as you can afford to lose it.
Always take a break for a while after you get a nice profit or when you get a bad move.
It's very important to take a break when we are losing so we could analyze what are our mistakes and on a timely manner we will be able to adjust it to make it work again. Not all the time we make profit, that's part of the journey, therefore it's needed to adjust every time we lose.
Better to take a break in both situations , otherwise things could went worse.
That's based on my own personal experience which so far so helpful when i keep doing it.
If we have a plan, we can combat the FUD and other emotional and no reason betting or trading. Pre-planned trade and gambling is the key to get away with rage betting and trading because with a plan, no emotions are really much involved - unless you will become emotional on the process and don't follow your plan.
You shoud start trading with small amount. Keep on doing and make a habit of experiencing loss to control your own emotions. If you start trading with a huge amount, you will most likely be discouraged or eventually stop trading when you experience loss.
That is a good way of getting rid of tensions of losses. But I have another way as well. Use different kind of strategies on lower level of trading. Try to invest that much amount of which you can afford the loss. And try to discuss it with someone trust worthy. Sharing will keep you relaxed. Try to be more social. And whenever you get any loss just let it go and be positive.You could directly uses a huge amount as long as you can afford to lose it.
Always take a break for a while after you get a nice profit or when you get a bad move.
It's very important to take a break when we are losing so we could analyze what are our mistakes and on a timely manner we will be able to adjust it to make it work again. Not all the time we make profit, that's part of the journey, therefore it's needed to adjust every time we lose.
Better to take a break in both situations , otherwise things could went worse.
That's based on my own personal experience which so far so helpful when i keep doing it.
You must understand that each of your actions will affect you in the first place. Panicked - made worse to yourself.
We can't stop ourselves when we started to get panicked. Especially to those who are just trying to make their career in bitcoin trading, they will be having the hardest time on doing it so. Managing your emotion is like this, when you had seen your trades on the reddy days then just do nothing, the storm will be calm after it believe me.
You must understand that each of your actions will affect you in the first place. Panicked - made worse to yourself.
You shoud start trading with small amount. Keep on doing and make a habit of experiencing loss to control your own emotions. If you start trading with a huge amount, you will most likely be discouraged or eventually stop trading when you experience loss.
That is a good way of getting rid of tensions of losses. But I have another way as well. Use different kind of strategies on lower level of trading. Try to invest that much amount of which you can afford the loss. And try to discuss it with someone trust worthy. Sharing will keep you relaxed. Try to be more social. And whenever you get any loss just let it go and be positive.You could directly uses a huge amount as long as you can afford to lose it.
Always take a break for a while after you get a nice profit or when you get a bad move.
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?
If I lose in the trading I do not let my emotions and feelings carried away. I always trying to recall to myself that it is part of our life and I will go in relaxing places to relived my stress. 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?
Not only adjusting ourselves going to relaxing places we have to control our feeling because after relaxing again we have to sit in front of the trading only. So we have to control ourselves and emotions when we made a mistake and we have to realize ourselves to overcome that.
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.
The thing is, not everyone is a business person. Normal people sometimes do give in to emotions especially if they're doing it for the first time. You'll eventually get the hang of it and be more in control the longer you're trading. The key is to be patient and relax. Don't let the market movement affect younthat much.
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.
The thing is, not everyone is a business person. Normal people sometimes do give in to emotions especially if they're doing it for the first time. You'll eventually get the hang of it and be more in control the longer you're trading. The key is to be patient and relax. Don't let the market movement affect younthat much.
Panic is the most dangerous condition for trader. Because decisions we have thought carefully into doubt are due to circumstances that are not in accordance with the foreseeable, and that is common. Solution is, do analysis carefully by taking information from various sources that can be relied upon and convince your heart that's just wave of your trading journey.
Panic and flash crash on market very same, because after flash crash on market will create some waves make many trader continue this trend and create panic. The whales always know they have this advantage and control our emotion. 
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.
If you prepare yourself for worst, nothing can surprise you? Good preparation is 80% of work, in same time you need to have faith in success all the time, optimistic people have much better results. All thou I agree with every person should have basic assumption of risk involved, in preparation you need to find a way hot to lower that risk, how to predict risk and if possible to avoid them.
Preparing yourself for the worst case scenario is like you already doomed yourself to fail, handling loses and bad moments should be solved on other way. Find a way to cool yourself in some other way, walk helps a lot for me, to stand up from computer and walk outside. Or anything else that can move my thoughts, I also like to play games that I like, that helps me to chill out.
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.
Panic is the most dangerous condition for trader. Because decisions we have thought carefully into doubt are due to circumstances that are not in accordance with the foreseeable, and that is common. Solution is, do analysis carefully by taking information from various sources that can be relied upon and convince your heart that's just wave of your trading journey.
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 have long made friends with such situations. These are things that are more often than not beyond my control anymore. For as long as trading exists, there are circumstances like these. When I am looking at 50% and 45% is the highest and then everything falls back after that, I just say to myself, relax, this is the crypto trading life.
Before, I could not control my emotions for a long time, but then I began to follow a clear plan, no matter what, and my stub profit was more stable than when I was giving in to emotions.
Great decision, you should leave the way use your emotions for trading, a clearly plan and prepare some strategy for any bad situation on market, even if you met worst situation, you still can keep your calm and never have wrong decisive make you regret in future. 
Before, I could not control my emotions for a long time, but then I began to follow a clear plan, no matter what, and my stub profit was more stable than when I was giving in to emotions.
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