Emotions only have negative affect on trading. If you cant control your emotions you will get trapped in the charts. Traders need to accept proper decisions based on current market conditions and emotions dont let trader to act with fresh mind.
i think some time emotion can also play important role in our life, but if you do not have control over your emotions then it is something more risky, because you need to have full control over your emotion specially in trading and gambling. in gambling most of the people lose their money because they cannot control their emotion, when they win a bet they become emotional and try to bet again and again so as to get favourable result for every time but in fact it is not such an easy job to become successful for every time, and that is the reason that they even lose their own money in gambling. 
Topic: How do you manage ur emotions? - page 44. (Read 55934 times)
when trading,i try as much not to put all my mind on the trading while doing it at that moment,because trading could cause panic..i dont try to put all my investment in a coin.
Sinple i manage not to focus on one thing if my emotion got away i always look for anothing to make my self busy with examplw that my hobby is olaying games like my favorite one when im palying with gambling i always open up my favorite game and play it baforw making bets ans eventually its working sometimes but to not balme anyone much better to use each our own stratigy
Controlling ones emotions while trading is very difficult, we are all wired differently, and your tendency to panic is tied to how attached you are to your funds.
The best way to go about things is to avoid trading in situations that make you panic. Find discipline at all cost. Set up a stop loss, So that if you lose a certain amount, you stop for the day, week, month.
Trade using very small stakes, 1 - 5 percent of your bank is enough. Reduce your staking accordingly if you are on a losing run. Chasing lost funds will only result in losing more.
The best way to go about things is to avoid trading in situations that make you panic. Find discipline at all cost. Set up a stop loss, So that if you lose a certain amount, you stop for the day, week, month.
Trade using very small stakes, 1 - 5 percent of your bank is enough. Reduce your staking accordingly if you are on a losing run. Chasing lost funds will only result in losing more.
Emotions only have negative affect on trading. If you cant control your emotions you will get trapped in the charts. Traders need to accept proper decisions based on current market conditions and emotions dont let trader to act with fresh mind.
It's very difficult to cope with your emotions. Especially if you are just starting to trade. I am a very emotional person in my life, so I constantly have to control myself. But it's very hard
Emotions only have negative affect on trading. If you cant control your emotions you will get trapped in the charts. Traders need to accept proper decisions based on current market conditions and emotions dont let trader to act with fresh mind.
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.
When we are into trading emotionally, we could never make accurate decisions. Even our technical analysis will be supporting accurate price levels, we need to make few on the spot decisions in order to secure profits and to prevent losses. In those cases we should react without emotionally affected. This is not possible for all the traders, but it will be possible for the traders who are continuously getting themselves mature for perfect decision making. Compared to my beginning days in trading, I believe now I am not emotionally affected while trading.
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.
your right sir trading with emotion causes loses, I loss my bitcoin before because of my emotion that bitcoin is huge dumping and I panic sell, I feel bad when bitcoin is pumping again. but now bitcoin is dumping I'm controlling my emotion because I believe the bitcoin will pumping again.
Manage emotion is different with managed fund or something else. Emotion will influence our strategy decisions in short time and will change our life. Believe or not, emotion make me loss almost 40% from my money and also frustration. But that's risk if we trade with emotion, everyone will face it. Manage emotion can be doing with simple ways. First, see again your method is it realistic or not? about open position, stop loss and take profit. Some people make method with an unrealistic target, and I am the one. Second, never against your method. Meaning, always disciplines and never change it before closing market. Do that repeatedly to manage our emotion deal with real market. Good luck.
but some time it become very difficult to manage our emotions in a good way. even the most experienced people lost control over their emotion. for example in cricket matches some time we see that when a very much experienced player like Khol and Shahid Afridi, some time when they hit a six, they just become emotional and then they try to hit six for every ball which they really do not need at that time but they cannot control their emotion and which bring a very bad result to them. 
Manage emotion is different with managed fund or something else. Emotion will influence our strategy decisions in short time and will change our life. Believe or not, emotion make me loss almost 40% from my money and also frustration. But that's risk if we trade with emotion, everyone will face it. Manage emotion can be doing with simple ways. First, see again your method is it realistic or not? about open position, stop loss and take profit. Some people make method with an unrealistic target, and I am the one. Second, never against your method. Meaning, always disciplines and never change it before closing market. Do that repeatedly to manage our emotion deal with real market. Good luck.
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.
your right sir trading with emotion causes loses, I loss my bitcoin before because of my emotion that bitcoin is huge dumping and I panic sell, I feel bad when bitcoin is pumping again. but now bitcoin is dumping I'm controlling my emotion because I believe the bitcoin will pumping again. legendary
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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.
If you are guided in their actions by emotions then you will always be in loss. There must always be a plan that you imagine. For example sell to a certain price, buy after the price. You will earn slightly less because you start earlier to buy, but you will always be in the black.
I love a good graph. If you just have a look at all the options they give you on Poloniex and other altcoin exchanges, you'll be shocked by how little your emotions matter.
It's not hard if you just know what you're doing. Fundamental analysis is more difficult to control but all those technical indicators are consistent.
It's not hard if you just know what you're doing. Fundamental analysis is more difficult to control but all those technical indicators are consistent.
Controllingemotions while you're into trading process is quite simple. You need to make two plans before making a trade, so if this doesn't give the profit as calculated try to execute the alternate plan to reduce the losing percentage which is the best way than getting emotional control loss and losing big.
It's not that quite simple, there are people that are struggling in controlling their emotions because they really can't do something about it. What can I think about it is that you can have a bad day when you can't manage your emotion. The best thing to do is always have some drinks on your side, and just always take a cup when you think your emotion will startle.
The fact that many gamblers doesn't have plan when it comes to their moves but with trading sometimes it is planned and sometimes is not. When it comes to the times that they are seeing the people to do panic selling most of the traders are feeling bad upon seeing the price of bitcoin falling. And in that way, they can't control their emotions, just why you should learn how to calm all the time.
Controlling emotion can be one of the most important factor that can hinder a trader. The fear to pull the trigger or not is very common among newbies. With a well equipped strategy and a sound money management emotion can be overcome. In trading it is always said that 'trade with the money you can afford to lose' .
Everything I could restrain my emotions especially in gambling because you beat a gambling site if you can not restrain the emotions. All you do in the field of bitcoin gambling or to invest you should always apply your emotions and manage it.
Before you begin to play better in gambling and casinos, you must first learn how to control your emotions and this is true. 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.Everything I could restrain my emotions especially in gambling because you beat a gambling site if you can not restrain the emotions. All you do in the field of bitcoin gambling or to invest you should always apply your emotions and manage it.
Before you begin to play better in gambling and casinos, you must first learn how to control your emotions and this is true. 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.
Everything I could restrain my emotions especially in gambling because you beat a gambling site if you can not restrain the emotions. All you do in the field of bitcoin gambling or to invest you should always apply your emotions and manage it.
Controllingemotions while you're into trading process is quite simple. You need to make two plans before making a trade, so if this doesn't give the profit as calculated try to execute the alternate plan to reduce the losing percentage which is the best way than getting emotional control loss and losing big.
It's not that quite simple, there are people that are struggling in controlling their emotions because they really can't do something about it. What can I think about it is that you can have a bad day when you can't manage your emotion. The best thing to do is always have some drinks on your side, and just always take a cup when you think your emotion will startle.
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