How do you manage ur emotions? - page 51.

Monnt

legendary

Activity: 938

Merit: 1002

Quote from: iv4n on April 29, 2017, 09:15:57 AM

This days are test for our emotions, when we see that market is rising we always questioning ourselves to sell, to wait, to buy more, what to do and to take most profit in the end.
Its easy to talk how to control emotions in calm times, in moment when everything is happening its hard to stay with clear had thats why we must build ourselves in practice, there is no other way to learn how to control emotions.

Yes, many of us become nervous and controlling emotions cannot be learned from the books. The books and literature only teaches you how to. The rest of the work is yours depending on the application of what you have learned but I think facing the occasions make you strong enough to control them. Simply is that practice makes a man perfect.

Berns

sr. member

Activity: 290

Merit: 250

Quote from: RealPhotoshoper on May 03, 2017, 12:45:39 AM

Quote from: dothebeats on April 30, 2017, 03:29:32 PM

Whenever I trade, I always remind myself not to go beyond my threshold in a repetitive manner. Sometimes I write it down on post-it notes just in case I go full retard on trading. I rarely hit losses, and when I do, I immediately call it a day as soon as I hit my acceptable loss for the day. The key is being disciplined all throughout and you will control your emotions.

Patient is the key to become success in trading .
When you suffering lost , don't too quick to make a decision to chase that loss .
Better to find another way latet in another time when your head back to fresh and in optimal confition to think.

Common sense must always be present. Trade is not a place for hysterics. This is an exact science and it should be without emotion. It is necessary to educate it in yourself. Without emotions, trading is much safer

RealPhotoshoper

legendary

Activity: 1050

Merit: 1001

Quote from: dothebeats on April 30, 2017, 03:29:32 PM

Whenever I trade, I always remind myself not to go beyond my threshold in a repetitive manner. Sometimes I write it down on post-it notes just in case I go full retard on trading. I rarely hit losses, and when I do, I immediately call it a day as soon as I hit my acceptable loss for the day. The key is being disciplined all throughout and you will control your emotions.

Patient is the key to become success in trading .
When you suffering lost , don't too quick to make a decision to chase that loss .
Better to find another way latet in another time when your head back to fresh and in optimal confition to think.

Intersan

hero member

Activity: 641

Merit: 505

Quote from: n691309 on January 20, 2017, 03:24:36 AM

Quote from: tylerDjack on January 20, 2017, 02:27:25 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?

We should contol our emotions otherwise they will control us, when you are in panic or in hurry then you take a small break and patient to re-analyze what you are going to do and if it worth, maybe ask someone else what he/they think about your next move.

Emotion's never be avoid it comes any time. In trading emotions come because of the prices, times come it is high and then decrease so our emotion comes. We become greedy when it pumps then it dump we're sad. Experience is needed to control our emotions they know the right time for the right trading.

To avoid my emotions, first I ask other who have more idea than me. Sometimes I read online why it happenings, I get the reason why it increase and decrease so that I decide what may I do.

Drago2016

sr. member

Activity: 314

Merit: 250

Quote from: asyakashi on May 01, 2017, 11:51:00 PM

Quote from: MadGamer on January 20, 2017, 02:53:48 AM

Panic selling is probably the worst thing a trader could ever do with BTC. That happens because people invest and buy more then what they can afford to lose because If they didn't buy more , they simply wouldn't care , have patience and wait whatever time It takes until It raises again.
People who bought more then what they can afford to lose are always in panic and the least drop in the price could make them panic sell and that could result into losses , however If they waited , It could've go up again.

Panic sell, it is an uncontrolled emotion. My experience when prices down I am a bit looking for a new atmosphere. Then return fresh. Set profit targets and stay disciplined. To avoid panic. hopefully.

I agree with you. Panic is the first enemy of a trader. With your emotions you need to fight in order to have success in trading. But it will come to you when you get experience in trading.

asyakashi

sr. member

Activity: 1918

Merit: 256

Just.bet - Decentralized On-chain Casino

Quote from: MadGamer on January 20, 2017, 02:53:48 AM

Panic selling is probably the worst thing a trader could ever do with BTC. That happens because people invest and buy more then what they can afford to lose because If they didn't buy more , they simply wouldn't care , have patience and wait whatever time It takes until It raises again.
People who bought more then what they can afford to lose are always in panic and the least drop in the price could make them panic sell and that could result into losses , however If they waited , It could've go up again.

Panic sell, it is an uncontrolled emotion. My experience when prices down I am a bit looking for a new atmosphere. Then return fresh. Set profit targets and stay disciplined. To avoid panic. hopefully.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: tabas on May 01, 2017, 06:04:41 PM

Quote from: Sled on April 30, 2017, 09:38:49 PM

Quote from: tabas on April 30, 2017, 05:56:16 PM

Quote from: Babyrica0226 on April 30, 2017, 02:42:56 AM

By managing our emotion, it really needs controlling ourselves so that in the end we may not get affected by it.

Controlling is a must, in gambling and in trading. Because if you know your responsibility and you know when your emotion is on the loose. Take the expected thing on what is going to happen. I'm just managing my emotions by simply not affecting with my loses. It's very important that you know how to accept lose.

Yes not accepting the lose is one of the starter to get rage and not control our emotion and that is when we are gaining more losses because of uncontrolled emotions, i think if we lose then we should accept it and analyze if what are the things that we did wrong and make it as a basis for the future trading decisions.

It's the one that triggers all of us when we don't know how to accept or if we are hard to accept lose. But if you are calm and you know what you are doing and you are believing with your skills and knowledge with trading, you will good in the end because it's just a normal thing that everyone of us lose and you just need to think positive.

They don't accept their lose because they loss a lot of money and that is a habit that most of us doing, investing what we can't afford to lose and when the lose comes in, it will be definitely put as in anger mode and we will not accept our lose and the lesson for me is to just accept the lose and use the left money and grow it by investing and compounding properly so we can recover the loss.

whizter

hero member

Activity: 588

Merit: 500

Quote from: pyata4ok on May 01, 2017, 03:32:32 PM

Quote from: MMA on May 01, 2017, 03:01:39 PM

Quote from: btcdiggingmaster on May 01, 2017, 06:19:02 AM

Quote from: babysweetTiger0401 on May 01, 2017, 05:32:27 AM

Quote from: tylerDjack on January 20, 2017, 02:27:25 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?

Changing decision to your original plan was not a good idea, it will give only confusion and regret in the last.
Meaning, we must be at ease to our decision.

If we keep on changing our plan will automatically lead to loss, we have to change our plan according to the market.
If you are completely unable to manage your emotion that is a waste of doing any business because will leads to confusing about all the things you know.

but i do not think so, because some time we need to change our planing and strategy on regular basis. specially when we are losing money continuously, although unnecessary change in plane can lead to lost, as i mostly change my planing about gambling when i face 3 or 4 continuous lost . they i starting thinking about changing my planing about trading or gambling.

I think that every major business in the sphere of financial trade, faced sooner or later with different problems, But one thing I know for sure if it was all so bad, no one would be engaged in trade.

that that is right not all business are bad, but i think you need to select your business for your self. s it is depending on your interest and your experience, for example if you have good interest in bitcoin long term investment then you can surely show good result in long term investment, but if your interest is in short term investment they you will never invest your money in long term investment as you will consider long term investment as boring and not good.

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

Quote from: Sled on April 30, 2017, 09:38:49 PM

Quote from: tabas on April 30, 2017, 05:56:16 PM

Quote from: Babyrica0226 on April 30, 2017, 02:42:56 AM

By managing our emotion, it really needs controlling ourselves so that in the end we may not get affected by it.

Controlling is a must, in gambling and in trading. Because if you know your responsibility and you know when your emotion is on the loose. Take the expected thing on what is going to happen. I'm just managing my emotions by simply not affecting with my loses. It's very important that you know how to accept lose.

Yes not accepting the lose is one of the starter to get rage and not control our emotion and that is when we are gaining more losses because of uncontrolled emotions, i think if we lose then we should accept it and analyze if what are the things that we did wrong and make it as a basis for the future trading decisions.

It's the one that triggers all of us when we don't know how to accept or if we are hard to accept lose. But if you are calm and you know what you are doing and you are believing with your skills and knowledge with trading, you will good in the end because it's just a normal thing that everyone of us lose and you just need to think positive.

pyata4ok

full member

Activity: 195

Merit: 100

Quote from: MMA on May 01, 2017, 03:01:39 PM

Quote from: btcdiggingmaster on May 01, 2017, 06:19:02 AM

Quote from: babysweetTiger0401 on May 01, 2017, 05:32:27 AM

Quote from: tylerDjack on January 20, 2017, 02:27:25 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?

Changing decision to your original plan was not a good idea, it will give only confusion and regret in the last.
Meaning, we must be at ease to our decision.

If we keep on changing our plan will automatically lead to loss, we have to change our plan according to the market.
If you are completely unable to manage your emotion that is a waste of doing any business because will leads to confusing about all the things you know.

but i do not think so, because some time we need to change our planing and strategy on regular basis. specially when we are losing money continuously, although unnecessary change in plane can lead to lost, as i mostly change my planing about gambling when i face 3 or 4 continuous lost . they i starting thinking about changing my planing about trading or gambling.

I think that every major business in the sphere of financial trade, faced sooner or later with different problems, But one thing I know for sure if it was all so bad, no one would be engaged in trade.

MMA

legendary

Activity: 1134

Merit: 1000

Quote from: btcdiggingmaster on May 01, 2017, 06:19:02 AM

Quote from: babysweetTiger0401 on May 01, 2017, 05:32:27 AM

Quote from: tylerDjack on January 20, 2017, 02:27:25 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?

Changing decision to your original plan was not a good idea, it will give only confusion and regret in the last.
Meaning, we must be at ease to our decision.

If we keep on changing our plan will automatically lead to loss, we have to change our plan according to the market.
If you are completely unable to manage your emotion that is a waste of doing any business because will leads to confusing about all the things you know.

but i do not think so, because some time we need to change our planing and strategy on regular basis. specially when we are losing money continuously, although unnecessary change in plane can lead to lost, as i mostly change my planing about gambling when i face 3 or 4 continuous lost . they i starting thinking about changing my planing about trading or gambling.

btcdiggingmaster

hero member

Activity: 644

Merit: 500

Transact Safer / Chase Better

Quote from: babysweetTiger0401 on May 01, 2017, 05:32:27 AM

Quote from: tylerDjack on January 20, 2017, 02:27:25 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?

Changing decision to your original plan was not a good idea, it will give only confusion and regret in the last.
Meaning, we must be at ease to our decision.

If we keep on changing our plan will automatically lead to loss, we have to change our plan according to the market.
If you are completely unable to manage your emotion that is a waste of doing any business because will leads to confusing about all the things you know.

babysweetTiger0401

sr. member

Activity: 777

Merit: 251

Quote from: tylerDjack on January 20, 2017, 02:27:25 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?

Changing decision to your original plan was not a good idea, it will give only confusion and regret in the last.
Meaning, we must be at ease to our decision.

n0ne

hero member

Activity: 2618

Merit: 548

DGbet.fun - Crypto Sportsbook

Quote from: Sled on April 30, 2017, 09:38:49 PM

Quote from: tabas on April 30, 2017, 05:56:16 PM

Quote from: Babyrica0226 on April 30, 2017, 02:42:56 AM

By managing our emotion, it really needs controlling ourselves so that in the end we may not get affected by it.

Controlling is a must, in gambling and in trading. Because if you know your responsibility and you know when your emotion is on the loose. Take the expected thing on what is going to happen. I'm just managing my emotions by simply not affecting with my loses. It's very important that you know how to accept lose.

Yes not accepting the lose is one of the starter to get rage and not control our emotion and that is when we are gaining more losses because of uncontrolled emotions, i think if we lose then we should accept it and analyze if what are the things that we did wrong and make it as a basis for the future trading decisions.

Losses were there in all sorts of trading. We need to develop ourselves to be analytic at specific times to understand whether we'regoing with the right plan. If this can be done easily one can realize the loss and give a break, if not when emotions were not in control user places increased betting to get back the loss, which probably ends in big loss.

cryptogasm

full member

Activity: 196

Merit: 100

Quote from: harizen on April 29, 2017, 02:51:50 PM

Quote from: Hazir on April 29, 2017, 02:45:32 PM

Create a set of rules and always follow them. I am talking about mainly:

1. Don't be fool and react to every FUD to sell your coins, when in doubt - buy more coins. It worked every time with me so far.
2. Don'tr try to buy when price is reaching ATH and market is optimistic. Wait.
3. Don't sell the news.
4. Bitcoin is too big to fail. Don't panic sell, ever.

1. If profit, it's fine for minimizing the loss then it's better to hug the FUD and take opportunity to buy coins at lowered price to considered.

2. But sometimes it's good. Waiting for too much buying target always wrecked people's strategy. Analyze the current trend as much as possible really a must.

3. Not my factor though.

4. Agree. Having a weak hands must take into consideration.

Great words of advice, amigo!

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: tabas on April 30, 2017, 05:56:16 PM

Quote from: Babyrica0226 on April 30, 2017, 02:42:56 AM

By managing our emotion, it really needs controlling ourselves so that in the end we may not get affected by it.

Controlling is a must, in gambling and in trading. Because if you know your responsibility and you know when your emotion is on the loose. Take the expected thing on what is going to happen. I'm just managing my emotions by simply not affecting with my loses. It's very important that you know how to accept lose.

Yes not accepting the lose is one of the starter to get rage and not control our emotion and that is when we are gaining more losses because of uncontrolled emotions, i think if we lose then we should accept it and analyze if what are the things that we did wrong and make it as a basis for the future trading decisions.

Fireblade

hero member

Activity: 770

Merit: 500

Quote from: Babyrica0226 on April 30, 2017, 02:42:56 AM

Quote from: tylerDjack on January 20, 2017, 02:27:25 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?

By managing our emotion, it really needs controlling ourselves so that in the end we may not get affected by it.

in fact it is not such an easy job. and that is the reason that most of the people lost their money in trading and gambling because they do not have any control over their emotions. emotion play important role in our whole life style. emotions also express our personality, and specially in trading and gambling our emotions play important role both in winning and losing like situation, when we start losing we lose emotions and try to invest more and more so as to recover our previous lost but we even lost the second investment and so we continue without using our mind tell we lose everything in trading and gambling, and same is the case in winning when we win a game we again lose control on emotion and invest again and again to gem more profit we even continue tell we lose everything back.

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

Quote from: Babyrica0226 on April 30, 2017, 02:42:56 AM

By managing our emotion, it really needs controlling ourselves so that in the end we may not get affected by it.

Controlling is a must, in gambling and in trading. Because if you know your responsibility and you know when your emotion is on the loose. Take the expected thing on what is going to happen. I'm just managing my emotions by simply not affecting with my loses. It's very important that you know how to accept lose.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Whenever I trade, I always remind myself not to go beyond my threshold in a repetitive manner. Sometimes I write it down on post-it notes just in case I go full retard on trading. I rarely hit losses, and when I do, I immediately call it a day as soon as I hit my acceptable loss for the day. The key is being disciplined all throughout and you will control your emotions.

sana54210

legendary

Activity: 3318

Merit: 1128

Quote from: batang_bitcoin on April 29, 2017, 12:30:43 AM

Quote from: jeraldskie11 on April 28, 2017, 10:18:28 AM

Its hard to manage emotions. Like me, I lost some bitcoin because of emotions in this way, when I new in trading my money will doubled so I am very happy and because of that I tried to trade again then I lost 10% of my money so i'm very sad and because of that emotion I trade again without computing and analyzing or without timing so as a result my money will back to my starting. Emotions is very important anytime and it can affect you in trading.

But that is just happening when you are newbie in trading but when you already had enough experience you will manage to control it for so long. But we do have the same reaction when we are experiencing loss. The best way to manage and face this type of losses is make sure that you are ready about it and don't trade too much.

That is true to a extent though, I have seen very professional and hardcore traders going berserk with emotions and breaking up later.

The best and easiest way to control emotions is by starting with small, keep on doing and make a habit of experiencing loss. If you start trading with a high bankroll then things like emotions itches you much more.

Topic: How do you manage ur emotions? - page 51. (Read 55934 times)