How do you manage ur emotions? - page 29.

Sanitough

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Quote from: TamacoBoy on August 20, 2017, 11:44:44 PM

I tried trading, invested $50 jyst to try, with only little knowledge. Of course the result is that i have suffered loss. Now, i am studying the terminology and beginning to understand chart. You just need to learn from your mistake and move on.

At least you did what you have to do, it's expected that newbie lose most of the time but eventually you will grow.
Your decision of starting with a small amount of money is good, you'll learn more as you continue your journey and that time you can increase your capital.

TamacoBoy

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I tried trading, invested $50 jyst to try, with only little knowledge. Of course the result is that i have suffered loss. Now, i am studying the terminology and beginning to understand chart. You just need to learn from your mistake and move on.

gabmen

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Quote from: SilentNightElf on August 20, 2017, 09:54:41 PM

After a few years of watching an investment constantly lose tens of thousands of dollars, but realize if you never sell you will make money later, you will eventually desensitize yourself to the normal trader emotions.

Yeah when all the excitement and the anxiety fades, that's when you'll be doing things right. It dorsn't have to happen that you have to lose a lot of money though if yoy know how to be patient will initial trades. Emotions come rushing if you're not patient enough and react every single time a trade moves up or down

SilentNightElf

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After a few years of watching an investment constantly lose tens of thousands of dollars, but realize if you never sell you will make money later, you will eventually desensitize yourself to the normal trader emotions.

MyIdeas

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Quote from: IAMYOURLEADER on August 20, 2017, 02:29:19 AM

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.

Kotone

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I almost end up with loosing my profit because i love gambling haha i can't even avoid playing gambling once i made up some profit i want it to gamble there i want to risk my profit to make it double nor triple since sometimes i make it real sometimes its sad because i'll lose it all im always manage my emotion over winnings and loosing but i don't greed that much when it comes on trading i always balance those coins i get.

rodskee

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Quote from: melted349 on August 13, 2017, 04:57:30 AM

Quote from: Kiweikoo on August 13, 2017, 04:36:37 AM

Quote from: jostorres on August 12, 2017, 11:09:11 AM

Quote from: 8Habits on August 08, 2017, 07:23:27 AM

Quote from: Sled on August 08, 2017, 05:59:04 AM

Quote from: Kaller on August 07, 2017, 11:17:51 PM

The most important aspect of trading is buy low, sell high.
If you get into the habit of panicking, then you will inevitably sell low and buy high.
This is NOT what you want.
If the price drops and you think about selling - just don't.
Wait until it goes up again, and you will profit.

The best thing to do when you see that you are losing from your trading portfolio is to take a break and just check it not too often so your emotions will not be so active and you will not sell your coins for a negative profit. Just keep a lot of patience in yourself so you can have a better trading performance and if you do have some losses then take some lessons from your losses and treat those as a lesson.

We are just humans and no matter how we have these pre-planned trading, emotions tend to be over above us. However, the more we do trades and teach ourselves to control that emotion, we tend to master it can just focus on the trading game plan.

Controlling emotions is not an easy task. We can’t totally get rid of emotions because it will make us zombies.
Emotions are in a way important to enjoy the special moments of the life. Yes, practicing trading gives you good control over emotions.

Lol no one will like to become a zombie. Yep emotions make us feel the special moments and let us enjoy the precious sweet memories as well. As far as emotions are concerned in trading, they do play significant role in decision making but we should treat them like visitors to avoid wrong decisions.

Yes cause infact no one can avoid that so they must be aware for what would be the best when emotions come when you are in trading. Dont avoid we should face it and enjoy it. Dont be stress to much as a good player you must be know how to play.

to manage your emotion always keep calm and relax of ypurself, gorget the problems in a few days focus to the other activity, after few days i think your set free and cool, face again the problem get the solution because you mind is cool after the break.

bitbob82

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Quote from: MMA on August 19, 2017, 07:59:35 PM

Quote from: gustavroy on August 19, 2017, 12:11:23 PM

I always takes deep breath and say dont be regret 3 months late.

to me i think it is not so easy for me to have control over my emotions. for most of the time i lose my money because of having no control over our emotions.

yes that is right that we cannot control our emotions so easily and especially if we do not have good experience in trading. but if a person have some specific experience then he can control their emotions a little bit, but still it is something natural which cannot control so easily.

Cryppy_guyL

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Quote from: stepwilli on August 20, 2017, 05:03:06 PM

Quote from: gustavroy on August 19, 2017, 12:11:23 PM

I always takes deep breath and say dont be regret 3 months later

That is good if you are not emotional and even if you make wrong decisions, still you don’t regret over them rather choose to forget them and learn a good lesson that should not be repeated in the future ever. It is nice that you have good control over emotions.

Good control over emotions is developed along with the experience gained.
As soon as I entered the trade, I was very naive and greedy.
Because of this, I lost a lot of money, because I could not stop. Over time, I changed tactics and my emotions went to second place. In the first place I always have a cold mind

stepwilli

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Quote from: gustavroy on August 19, 2017, 12:11:23 PM

I always takes deep breath and say dont be regret 3 months later

That is good if you are not emotional and even if you make wrong decisions, still you don’t regret over them rather choose to forget them and learn a good lesson that should not be repeated in the future ever. It is nice that you have good control over emotions.

IAMYOURLEADER

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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.

Japinat

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Quote from: Ziomuro27 on August 19, 2017, 10:57:29 PM

On my opinion, each of us have different emotions and different way on how we manage it, on my experience I never drawn to my bad emotion because if I will keep it flow to my emotion, I'll change like I can't see everyone, it will drives me crazy like I can't control it. If we compare this to bitcoin forum I suggest you to calm and don't act like you're giving up everything because of the words that came up to your mind.

You yourself can tell if you are good in managing your emotion, if you have not mastered managing your emotion yet then you should not be aggressive in trading. Start with a small amount and take it as a journey that you have to surpass the problem you may encounter as you go along and that includes your lack of ability to manage your emotion, you'll definitely learn in the long run as you continue to adjust and in due time you will mature and take charge over your emotion.

Ziomuro27

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On my opinion, each of us have different emotions and different way on how we manage it, on my experience I never drawn to my bad emotion because if I will keep it flow to my emotion, I'll change like I can't see everyone, it will drives me crazy like I can't control it. If we compare this to bitcoin forum I suggest you to calm and don't act like you're giving up everything because of the words that came up to your mind.

8Habits

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Quote from: Bestwishes745 on August 19, 2017, 04:02:30 PM

Quote from: Japinat on August 16, 2017, 05:08:51 AM

Quote from: JTASSOCIATES on August 14, 2017, 01:38:26 PM

In my experience most of the time I panie c myself and end with loose. after 3years of trading experience now I just relax for a while and deside what to do then make decision what next move to be.

Emotions change when you won and when you loose depend upon the wining and loosing.

Experience will really help you because if you know how the market move then for sure you will never panic, when you panic that could be the end of your journey as that means you do not trust your decision to invest on bitcoin. Knowing that bitcoin's price is volatile should already understand that anytime price swings can happen and instead of feeling the pressure, let's relax and wait for the pump.

Yeah man, experience is all that matters. And we all know that we learn from experience. And more important thing that is needed to learn to control emotions is facing difficulties. If you don’t go through any kind of downs then how are you supposed to learn anything about it. And your way to overcome is also impressive. Waiting for right time and keeping patience is an exercise to control your emotions.

Emotions really plays a vital role in our trading - I know and I can relate well where we think that we can no longer recover from our loses but I keep reminding my self that it is not yet the end of the world and there will still be people that will going to invest and the price of altcoins will go ack up again.

MMA

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Quote from: gustavroy on August 19, 2017, 12:11:23 PM

I always takes deep breath and say dont be regret 3 months later

to me i think it is not so easy for me to have control over my emotions. for most of the time i lose my money because of having no control over our emotions. but still we can manage if have some good strategy and planning to play gambling

Zenithar

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Activity: 504

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Quote from: Bestwishes745 on August 19, 2017, 04:02:30 PM

Quote from: Japinat on August 16, 2017, 05:08:51 AM

Quote from: JTASSOCIATES on August 14, 2017, 01:38:26 PM

In my experience most of the time I panie c myself and end with loose. after 3years of trading experience now I just relax for a while and deside what to do then make decision what next move to be.

Emotions change when you won and when you loose depend upon the wining and loosing.

Experience will really help you because if you know how the market move then for sure you will never panic, when you panic that could ben the end of your journey as that means you do not trust your decision to invest on bitcoin. Knowing that bitcoin's price is volatile should already understand that anytime price swings can happen and instead of feeling the pressure, let's relax and wait for the pump.

Yeah man, experience is all that matters. And we all know that we learn from experience. And more important thing that is needed to learn to control emotions is facing difficulties. If you don’t go through any kind of downs then how are you supposed to learn anything about it. And your way to overcome is also impressive. Waiting for right time and keeping patience is an exercise to control your emotions.

no doubt that experience is too much important in every field and specially in trading altcoin you need a good experience. without experience there is more risk to lose our own invested money in bitcoin i think we can get good profit from bitcoin if we have good trading strategy and planning.

carlerha

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Activity: 588

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Quote from: Bestwishes745 on August 19, 2017, 04:02:30 PM

Quote from: Japinat on August 16, 2017, 05:08:51 AM

Quote from: JTASSOCIATES on August 14, 2017, 01:38:26 PM

In my experience most of the time I panie c myself and end with loose. after 3years of trading experience now I just relax for a while and deside what to do then make decision what next move to be.

Emotions change when you won and when you loose depend upon the wining and loosing.

Experience will really help you because if you know how the market move then for sure you will never panic, when you panic that could be the end of your journey as that means you do not trust your decision to invest on bitcoin. Knowing that bitcoin's price is volatile should already understand that anytime price swings can happen and instead of feeling the pressure, let's relax and wait for the pump.

Yeah man, experience is all that matters. And we all know that we learn from experience. And more important thing that is needed to learn to control emotions is facing difficulties. If you don’t go through any kind of downs then how are you supposed to learn anything about it. And your way to overcome is also impressive. Waiting for right time and keeping patience is an exercise to control your emotions.

yes that is right that experience is too much important in every field of life. in fact experience make a person perfect, he then realize all the good and bad aspect of trading or investment, but if a person do not have any experience then he totally depending on their luck which become too much rasky and there are more chances that you will lose your own money there.

PPav

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Best way for trading without emotions - trade with automatic strategies. They trade by algorithm, and you analyze not a one deal , you analyze deals array

Bestwishes745

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Quote from: Japinat on August 16, 2017, 05:08:51 AM

Quote from: JTASSOCIATES on August 14, 2017, 01:38:26 PM

In my experience most of the time I panie c myself and end with loose. after 3years of trading experience now I just relax for a while and deside what to do then make decision what next move to be.

Emotions change when you won and when you loose depend upon the wining and loosing.

Experience will really help you because if you know how the market move then for sure you will never panic, when you panic that could be the end of your journey as that means you do not trust your decision to invest on bitcoin. Knowing that bitcoin's price is volatile should already understand that anytime price swings can happen and instead of feeling the pressure, let's relax and wait for the pump.

Yeah man, experience is all that matters. And we all know that we learn from experience. And more important thing that is needed to learn to control emotions is facing difficulties. If you don’t go through any kind of downs then how are you supposed to learn anything about it. And your way to overcome is also impressive. Waiting for right time and keeping patience is an exercise to control your emotions.

gustavroy

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I always takes deep breath and say dont be regret 3 months later

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