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Topic: How to handle emotions when you lose during trading. - page 3. (Read 1104 times)

legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Everything you say here is correct, and the number 4 is the best thing that all the traders in this field of crypto trading can do, in fact, so that we can do the trading activity we are
doing in the field correctly. This is actually true. And it's good to make it a habit too.

Because if we can't manage trading correctly, our emotions will swallow us up and put us in a state of lack of control over ourselves, which can lead to bad results in the end.
sometime we don't even realize that we already lost control over all the decision we've made due to our emotion sometime our emotion just get the best of us thats why I think personally the best advice would be just relax and calm down and then stop trading when we are having series of lose.

its no point keeping up when we are keep on losing becasue if we just keep continuing eventually we gonna lose all our money.
trading requires calm and peace state of mind, can't just randomly trade and win when we are so angry because the series of lose that we have experienced earlier.
hopes the newbies out there know that overtrading is a thing too.
copper member
Activity: 1428
Merit: 253
If people want to avoid more bigger problems then maybe they should start eliminate the fear in them and go to the right person that can teach them on how they can possibly teach to became a pro. Traders should not go beyond on their capacity like they only trade what they can afford to lose at that time, since for sure their experience towards trading is satisfying especially if they develop some useful attitude that can help them to do good trades..

finding someone who can teach them to trade is a good move. it would even be better to do so before they start or try trading on their own. We know that sometimes there are people who try first because they are curious. but after they fail they look for someone to teach them better. Experience always provides valuable lessons. but it depends on the trader himself, whether he succeeds in taking lessons or not. If it doesn't work, maybe what happens is that you fall into the same hole several times.
legendary
Activity: 2758
Merit: 1228
These are some methods and practices I think traders could use in controlling their emotions when they lose while trading, you could give your opinions or add more if you got any, also I'm open to corrections so feel free to include some corrections in any statement you feel I'm wrong.
One of the things that makes traders to go so emotional is when they use a big amount of money to trade. Greed has always been the reason why people many traders trade with them amount that they can't afford to lose thinking thst they will be able to make profit so fast and they end up losing good amount of money because their understanding about trading is not good enough.  The most important thing that traders don't need to take for granted is to know the right amount which is needed for trading.

A lot of traders go into trading to trade with the amount that they can't afford to lose and doing this always makes one to be emotional when money is lose in trading .

People come up on a idea that they can easily get a good stretch on their capital especially if they put all their money on the trades they made. And sometimes they won but  also sometimes they fail that's why we can see them keep coming back to do this actions since they know that there's something to expect here.

If people want to avoid more bigger problems then maybe they should start eliminate the fear in them and go to the right person that can teach them on how they can possibly teach to became a pro. Traders should not go beyond on their capacity like they only trade what they can afford to lose at that time, since for sure their experience towards trading is satisfying especially if they develop some useful attitude that can help them to do good trades..
sr. member
Activity: 966
Merit: 391
Underestimate- nothing
To be honest, there are still quite a lot of other things that can be added, such as trading when you are mentally and mentally prepared, not sick, using cold funds or not related to anything and don't trade in futures or binary options, trading will be very triggering. excessive emotions due to greed and fear will very easily arise in such trading and the last thing is to trade on spot trading and control your greed, I really believe your emotions will be more controlled if you can do that, this is quite simple and not important but in my opinion this can be included as a reference for preventing emotional turmoil in trade.
It is up to you to know exactly what to do in trading as there is always something new to learn every day. And you'll have many difficulties even in doing if you're not psychologically ready. since you won't even be able to focus on the market analysis. You really must focus all of your attention on this. Spot is secure, and when it comes to greed people's main issue will they listen? Although trading futures is dangerous, if you're lucky, you could profit from it. However, avoid doing it while you're not feeling well because, despite the precautions, it is still too dangerous, and you could be enticed to investigate further. Even though everyone wants money, we must exercise caution in our decisions. Reduce greed and focus on learning more. Then you do not need to be that greedy so have aim of what you want to archive.
member
Activity: 196
Merit: 14
If you are trading or if you are tat here you drink juice to control your emotions because if you can't control miscal we are more likely.  If I invest myself or if I do my own chatting, it is not right if I eat loss, if I don't understand the market after getting it, I don't understand the market.  There are few trains in a row and all of them are launched. In that case, I could not control my emotions.  But if you can control emotions, I myself control emotions with difficulty, I do not trade more than 2 hours a day.  Whether it's two gains or losses, I never have more than two trades because it's better to take two and make a profit.
sr. member
Activity: 1498
Merit: 271
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Everything you say here is correct, and the number 4 is the best thing that all the traders in this field of crypto trading can do, in fact, so that we can do the trading activity we are
doing in the field correctly. This is actually true. And it's good to make it a habit too.

Because if we can't manage trading correctly, our emotions will swallow us up and put us in a state of lack of control over ourselves, which can lead to bad results in the end.
hero member
Activity: 700
Merit: 577
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1. Do not overtrade, always allocate time for relaxing and purifying the mind.

2. Do not abuse leverage.

3. Do not place high hopes on trading, always stay alert.

4. Act wisely and appeal to a rational sense rather than an emotional component.

Op all the factors you have listed here are good ones but I will add on to the list which is greediness. When you are trading don't be greedy because greediness will make you to lose all your funds plus the capital and the small profit you have gotten. They said experience is the best teacher. I learned my lesson in my first trading days. I deposited the money in the trading account and I make small profit of $20 and instead of me to apply your number I was thinking to had more profit and suddenly before I knew everything just disappeared. And I lost everything in the process of trading.

So when trading be conscious of the movement and stopped at the time when you have made profit even if it is small. And when lost in the process of trading don't panic calm down and apply the last option to be over the emotion.
hero member
Activity: 1050
Merit: 592
God is great
These are some methods and practices I think traders could use in controlling their emotions when they lose while trading, you could give your opinions or add more if you got any, also I'm open to corrections so feel free to include some corrections in any statement you feel I'm wrong.
One of the things that makes traders to go so emotional is when they use a big amount of money to trade. Greed has always been the reason why people many traders trade with them amount that they can't afford to lose thinking thst they will be able to make profit so fast and they end up losing good amount of money because their understanding about trading is not good enough.  The most important thing that traders don't need to take for granted is to know the right amount which is needed for trading.

A lot of traders go into trading to trade with the amount that they can't afford to lose and doing this always makes one to be emotional when money is lose in trading .
hero member
Activity: 1750
Merit: 567
Leading Crypto Sports Betting & Casino Platform
To be honest, there are still quite a lot of other things that can be added, such as trading when you are mentally and mentally prepared
Let's stop it from here. Many traders might think that this isn't important but it's truly important to trade when you're emotionally okay.
This is the same with gambling that you should do it when you're prepared and mentally okay. Because if not, you're wasting money.
You'll be dealing with losses and that's going to be an easy thing for you that you'll just accept.
Whether we are traders or not, sometimes we get emotional after we lose money and that could make us keep thinking over and over again without knowing how together over it. It is very important we look for ways to get things done so we don't just do things that would affect t us continually. It is good we look for things to involve oneself so that the emotion will not have long effect on us. The later effect of losing funds especially when it's not our fund can keep us on our knees if we don't know the remedy.

Actually in any case losing money is a situation that is not liked by everyone so it is natural that for example you are emotional, but what we must understand is that this is the world of trading where when you can make a profit then on the other hand you are also very likely to experience a loss, it is always about two things, namely for or loss where profit is an opportunity while loss is a certainty. But I am sure that if you understand the overall risks that exist in the world of trading then I think you will not experience too much emotion due to losses, and this is why all traders are advised to have a strong mental and psychological because the market will not always be in your favor.

Obviously having a correct understanding of the concept of trading will make you have the ability to accept the fact of loss because you already know that trading is about the possibility of profit or the possibility of loss, meaning that what is needed here is the correct understanding and responsibility for the decisions you have made because by having these two aspects then I think it is less likely for you to chase something that has been lost blindly, accept all risks and continue the session with a calm psychology along with the knowledge you have will be able to increase your chances of reaching the recovery phase.
sr. member
Activity: 2422
Merit: 357
To be honest, there are still quite a lot of other things that can be added, such as trading when you are mentally and mentally prepared
Let's stop it from here. Many traders might think that this isn't important but it's truly important to trade when you're emotionally okay.
This is the same with gambling that you should do it when you're prepared and mentally okay. Because if not, you're wasting money.
You'll be dealing with losses and that's going to be an easy thing for you that you'll just accept.
In short, trading is not just about buying and selling and not just about the indicators and you have to master everything in order for you to succeed and that’s why it will take years before you can finally say that trading works. This is a long journey and losses are normal along the way, if you know how to handle things you can stay longer and time comes that you will win more.
sr. member
Activity: 1008
Merit: 262
20BET - Premium Casino & Sportsbook
To be honest, there are still quite a lot of other things that can be added, such as trading when you are mentally and mentally prepared
Let's stop it from here. Many traders might think that this isn't important but it's truly important to trade when you're emotionally okay.
This is the same with gambling that you should do it when you're prepared and mentally okay. Because if not, you're wasting money.
You'll be dealing with losses and that's going to be an easy thing for you that you'll just accept.
Whether we are traders or not, sometimes we get emotional after we lose money and that could make us keep thinking over and over again without knowing how together over it. It is very important we look for ways to get things done so we don't just do things that would affect t us continually. It is good we look for things to involve oneself so that the emotion will not have long effect on us. The later effect of losing funds especially when it's not our fund can keep us on our knees if we don't know the remedy.
hero member
Activity: 2338
Merit: 517
Catalog Websites
To be honest, there are still quite a lot of other things that can be added, such as trading when you are mentally and mentally prepared
Let's stop it from here. Many traders might think that this isn't important but it's truly important to trade when you're emotionally okay.
This is the same with gambling that you should do it when you're prepared and mentally okay. Because if not, you're wasting money.
You'll be dealing with losses and that's going to be an easy thing for you that you'll just accept.
hero member
Activity: 1400
Merit: 674
To be honest, there are still quite a lot of other things that can be added, such as trading when you are mentally and mentally prepared, not sick, using cold funds or not related to anything and don't trade in futures or binary options, trading will be very triggering. excessive emotions due to greed and fear will very easily arise in such trading and the last thing is to trade on spot trading and control your greed, I really believe your emotions will be more controlled if you can do that, this is quite simple and not important but in my opinion this can be included as a reference for preventing emotional turmoil in trade.
legendary
Activity: 3122
Merit: 1140
Too much of everything is bad, and that is why a trader should not overtrade, because he will be more prone to losses than profit. Emotions are also something very important for one to know how to control so that it will save you from losses.

Only use the amount of money that you can afford to lose when you are learning how to trade, and do not have your own trading strategy, so that you don't regret your actions. This is because trading is very risky, and when we enter the market, it is something different that we see from what we expected.
Or simply everything which is really that too much is really that dangerous and this is why it would really be that relevant that you should really be having that kind of moderation on everything.
There would really be tons of factors on which it could really affect out in overall effects on your trade. If you arent that good on handling out your emotions then you would really be finding yourself
always impulsive on whatever the price it would really be showing on specially if you are that someone whose still that lacking of experience towards market then you do really have this kind of
reaction on the time that it do happens. Experience would be something that could make you tough on the time that you do make out some trades. Emotion is something that
could stir up your overall analysis that you had set out earlier and if you dont have that good control then expect that this one would really likely to happen.
hero member
Activity: 896
Merit: 586
Leading Crypto Sports Betting & Casino Platform
Too much of everything is bad, and that is why a trader should not overtrade, because he will be more prone to losses than profit. Emotions are also something very important for one to know how to control so that it will save you from losses.

Only use the amount of money that you can afford to lose when you are learning how to trade, and do not have your own trading strategy, so that you don't regret your actions. This is because trading is very risky, and when we enter the market, it is something different that we see from what we expected.
hero member
Activity: 1008
Merit: 622
Watch&Pray.
1] Do not overtrade: In trading some times you may get lucky to be profiting in your trade in that case do you stop trading or you continue trading to make profit, if the answer is to make more profit, I think there's nothing bad if yo you grab the opportunity tou have ob your lucky dsy to make profit but do not forget to apply stoploss when you trade. On the issues of being emotional when you lose in a trading, the best thing is to look for something that will make you happy even though you will still think about your losses but moving out of your environment to a different place to cool off will not be bad and going out to stay with friends will also help to reduce the emotional damage that may be incured as a result of the loss.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
It is also of utmost importance not to approach the market while having anger or irritation because, in this case, actions are driven by emotions, not by rational sense.
Of all the suggestions you listed, thay in quote should be first among them. You don't settle an emotional problem with emotion. You come intentional with facts to confront reality. This is what happens when profitable traders have losing streaks and decide to stay away from trades just so they can go back and analyse every step that earned them money and those steps that lost them money. Sadly, amateur traders and trader–wannabes find this simple fact incomprehensible. They want to be seen trading always to be able to adorn that garb of that they're trading. Wrong mindset.
full member
Activity: 1414
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Quote from: Bushdark
You what to handle your emotion when you lose trade? It is very simple and you don't have to worry yourself too much about it.
The first thing to do is to get out of the house, maybe to a restaurant or a reserve place and ho get some food and drinks.
You can even call your friends or love one to join you. Eat good food and have funs with people around you to ease the emotion that is troubling. After that you can go home because you must be tired by then, you can on TV and watch your favorite program or just go to bed. By the time you wake up the second day, you will feel alright.
For you not to experience the loss so long, just refer yourself to some traders that lose huge amount of money that is bigger than your own loss and they are still trading without worry, I believe the moment you begin to reason that way, you will be free from the emotion that will make you to give up on trading.

There are some traders that will use that period to visit their friends that used to discuss about football and some clubs, and the emotion will leave and they will no longer think of the money they lose in their trading than to start thinking how to trade to improve.
  Anytime such emotion is coming to me when I lose in trading, I will use this simple strategy to quench the emotion by playing my favorite music through out the day to ensure the emotion disappear from me.
hero member
Activity: 1428
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Leading Crypto Sports Betting & Casino Platform
Do not overtrade, always allocate time for relaxing and purifying the mind.

This is one of the major reason why most traders become emotional due to over trading and not sparing time for other things, these set of people don't take their eyes off the market even when the market isn't favourable but yet they will always want to diverse means to maneuver but yet at the end of the day, they keep losing and become so emotionally attached to their trading behaviours
Trading most times doesn't work the way we think of and shouldn't be followed that way otherwise losing is inevitable, but when trading and develop some special time to attempt to other things like some activities then it would enable you know how to channel your trading. This could be giving some hours, be it 3 to 6 hours when dedicated to trading after which it would enable you to have another nice market setup to trade than constantly remaining on trade for 24hrs to me I don't see any difference on how much to be made on a 24hrs trading standby irrespective of the trading type.
tyz
legendary
Activity: 3360
Merit: 1533
Look the best way to control your emotions is to make up your mind that trading is only a side income and you can't be completely dependent on it. I know some people will say that it's a full time opportunity blah blah. It can be true but it brings a lot of stress with It if we go with it as a solo option for earning.

You have to make sure that you only invest the amount that is spared and not needed for a long time. If that money is gone it shouldn't affect your life. Yet you'll be a little bit affected by the loss and that's natural to try to control your nerves. When you go through these types of situations spend time with your loved ones who will love you no matter what your financial conditions are you'll definitely feel better.
Trading only becomes stressful and frustrating when you trade using your own hard-earned funds that only end up with losses. That will really make you sick with trading, most especially if you made it as your main source of income, when in reality it shouldn’t be due to its high risk and highly unpredictable outcome. So the best solution is probably never trade if you think the market condition is not suitable to trade, and trade only as your side hustle, so that losses might still be bearable since you’re not trading for survival, but just for extra income.

What other money do you want to use than your own hard-earned money? That of others like FTX? Or do you want to borrow it via loan?

Either way, the pain is big anyway. With your own hard-earned money, you're still best off. Because the money is "just" gone. With the second and third (through fraud or loan), you could even go to jail.
Losing money is always hard to accept, so you should only use what you can lose without running yourself ragged.
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