Topic: How to get rid of emotions when trading - page 16. (Read 3936 times)
To get out of your emotions when trading you should breathe very hard and pick up new energy and try to ignore it but negative energy will get you the most balanced and harmonious emotions when trading.
I am like you, always anxious and thinking when the market falls, but I will be determined to hold my coin to the end and I will never sell them at a price lower or equal to the price in the ICO.
In my opinion, I have been reading articles about discipline and how to control your emotions when trading. From experience, the best way to get rid of your emotions when trading is to have a strict and effective trading strategy and you have to be disciplined about it to the core. This is one of the ways to detach emotions from trading
Yeah maybe the way out you should to have a plan and a strategy and you have to be disciplined in following the plan or strategy you make. so you will not be out of control or play emotionally. because you play according to your strategy
Trading is not as simple as most people think. This a game of techniques and strategies. It has 3 sides: win-lose-breakeven.
Emotions during trading should be minimize if not avoided. Learn to set boundaries between work and personal. Learn the techniques.
Emotions during trading should be minimize if not avoided. Learn to set boundaries between work and personal. Learn the techniques.
Emotions are always part of humanity especially when it involves personal funds. Trading requires one to make certain decisions and emotions are also one of the things a professional trader needs to put in place as well. This article was helpful and I appreciate it.
You need to take complete control over your emotions when you are trading I know that there are a lot of people that take impulsive decisions when it comes to money like buying a video game or a piece of clothing but that kind of attitude when you are trading is going to make you lose a lot of money, that is why you should never trade with your emotions and you should only do a trade when the indicators tells you should do it.
I read somewhere that when you just lost bigtime, like losing in trade or got hacked or got scammed, it is very advisable to get yourself out of crypto world for a week. do get connected in real-life activities like watching tv/movies and having chat/drink sessions with friends. this will help pacify your emotions much better.
To get rid of emotions while trading is possible through the habit of having patience. While trading the complete focus of the user should be upon the buying and selling point. When you got the chance to buy low and doesn't get the chance to sell at a price higher than the bought value then it is completely a loss and to overcome this it is a must to understand the truth or else should have patience to profit when the price peaks.
Emotion is very important in trading, because when you control your emotion, you are able to manage to keep calm, you will not get panic when the market will dump or pump, in totally you are normal. And that is very good benefits if you are trader.
Indeed, because if you let your emotion overtake you then I guess it will be a trouble. Managing your emotion is one of the most significance to master especially in trading because it will dictate what will be the outcome of your transaction, if you panic then its done. You should keep calm in order to think more clearly and to have countermeasure for unpleasant events like this bloodbath.
I was in the gaming business for 15 years, played Poker semi-pro for about 18 months before my Son was born. Emotions are the most important factor by far in both gambling and trading.
If you're a daily trader your emotions affect you exactly the same like they do on a poker player. You start fresh with clear mind, play your best game, win some hands but after few hours you start getting tired and someone gets lucky and take your money when you had him beat before the river....in most cases you TILT. Same thing happens when you over-trade.
So don't let your emotions get you in trouble...if you did few good trades, call the day...other wise you may lose more money in one bad decision.
If you're a daily trader your emotions affect you exactly the same like they do on a poker player. You start fresh with clear mind, play your best game, win some hands but after few hours you start getting tired and someone gets lucky and take your money when you had him beat before the river....in most cases you TILT. Same thing happens when you over-trade.
So don't let your emotions get you in trouble...if you did few good trades, call the day...other wise you may lose more money in one bad decision.
Emotion is very important in trading, because when you control your emotion, you are able to manage to keep calm, you will not get panic when the market will dump or pump, in totally you are normal. And that is very good benefits if you are trader.
Indeed, because if you let your emotion overtake you then I guess it will be a trouble. Managing your emotion is one of the most significance to master especially in trading because it will dictate what will be the outcome of your transaction, if you panic then its done. You should keep calm in order to think more clearly and to have countermeasure for unpleasant events like this bloodbath.
In my opinion, you should not be concerned about the price at the present, if the market drops you should not care so much so you will be affected by psychology, and be waiting in the long run you can earn benefits. high levies
Emotion is very important in trading, because when you control your emotion, you are able to manage to keep calm, you will not get panic when the market will dump or pump, in totally you are normal. And that is very good benefits if you are trader.
If you can do that then you can be a good trader but if you can't then the only thing you can do is buy and hodl. I don't think that many people can do that.
Emotion is very important in trading, because when you control your emotion, you are able to manage to keep calm, you will not get panic when the market will dump or pump, in totally you are normal. And that is very good benefits if you are trader.
If you always worry about the market, this will make you make wise decisions, but if you invest, but reduce the number of tracking prices will make your mind more stable.
In my opinion, I have been reading articles about discipline and how to control your emotions when trading. From experience, the best way to get rid of your emotions when trading is to have a strict and effective trading strategy and you have to be disciplined about it to the core. This is one of the ways to detach emotions from trading
Getting emotional for your money is normal but minding it for so long isn't. Getting rid of your emotions while trading might broke you. The right way to manage it is to control it example trading dedicate yourself into giving you heart and mind to pick the best suited for you being emotional on your loss won't give you knowledge instead learn from your mistakes and strong dedicate yourself from learning and soon controling your emotions will be natural.
Usually I'm trying to get out of my personal computer going into park or something like that might be on the roof, because I need to spend some time with myself trying to keep calm and passive.
As humans we have a emotional sense it is a natural thing.But when trading we must be able to control our emotions though it may be very difficult.Using the clear mind what we should do to conduct market research will reduce emotions.
In my opinion, do not pay too much attention to the price, if you reduce the price, and you will increase the price again, so do not try to check the price when the market drops. such so good
I think we'll still be emotional at some time but what we can only do is to make emotional reaction to minimal. You know it disappoints you but you react fast and forget it and think other ways to make things better. I don't agree that we can get rid of it because we are not robots.
I am taking more a scientific approach to trading and getting rid of emotions-emotions are just a chemical reaction in your brain that can be controled by outside factors(drugs for example)in other words i work out a lot before trading so i can get the right feeling in my brain(after working out/sex/food body release bunch of chemical to release stress)My work out is ussualy a 10 mile run
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