Pages:
Author

Topic: How to handle emotions when you lose during trading. - page 6. (Read 1104 times)

sr. member
Activity: 2828
Merit: 344
win lambo...
Honestly, it was hard to manage our emotions and keep it low when we already overthought that all of the trade calls would be closed into profit.
Our minds take control of everything we do and once it is already poisoned by our greed and too much market assumptions, it is certainly difficult to accept losses.

Of course, we can solve and help this issue if we stop behaving like we are perfect.
We can deal with our emotions if we know how to accept losses and understand the nature of the market. We can't change the volatility of the market, therefore, we have to always keep in mind that losing is not a terrible thing that may happen to us but it is an ordinary thing in a trader's life.
hero member
Activity: 1246
Merit: 699
3. Do not place high hopes on trading, always stay alert.

trading is not gambling why can't you hope?
when you can trade, there should be great hope for profit. and even if there is a loss, a professional trader should be able to minimize the loss.
If you don't expect to make a profit, why trade? although I know the market in trading is difficult to predict accurately. but at least when you have the skills, you have the confidence to profit.
legendary
Activity: 2534
Merit: 1338
Easiest way to minimize stress and have tempered emotions is to not invest more than you wouldn't mind throwing into a fire pit.
This is often suggested but it can be hardly followed by most traders, and the reason is simple, if you want to obtain more profits with the same amount of effort, you will have to increase the capital you put at risk, and since very few people have the money to spare to trade the markets and be completely unaffected in the case they lost that money, it is easy to understand why when people lose some money, they get overemotional about and they cannot deal with the losses they got when trading the markets.
hero member
Activity: 3010
Merit: 794
No one is capable enough to make such consistent trading without facing some inevitable losses. Even professional traders still lose in trading, so how much more for those who are still learning the process. Now if this happens, don’t resort into overtrading just to keep the trading urge, but make time to relax yourself from trading. This is the only effective way not to fall on mental health issues because of consistent losing. Manage your trades, as well as your emotions when trading. When you have high emotions, stay away from trading in order to control your losses if ever.
exactly the only thing that make difference between veteran trades and newbie trades is actually just emotional management and experience in reading the market and that it, even though some newbie can be really talented or already knowledgeable with reading market pattern, if they just fail in managing their own emotion, the trade could be disastrous, the result of impulsive trade is always lose streak and so on, people also seem to fail to realize that if someone experience lose streak doesn't mean they gonna win the next trade, like in future, the market could be behaving opposite of your thinking the whole day.

just relax a bit, try to clear that mind by doing something else, maybe its not a good day but tomorrow maybe a good day so don't get too fixated into trading, this kind of behavious as I've seen from veteran trader and investors are really what sets them apart from the average people, a veteran investor or trader can lose millions and just move on the next minutes.
Things you do need to consider;

1. Risk management
2. Emotion management
3. Psychology control

You would really be needing to consider these things first but its true that one of the most hardest thing that you would really be needing up to control because once
emotions cant really be controlled then this is something that you would really be needing to focus on because if you dont then it would really be making out
that huge effect specially when you do make trades.

It might not be simple but its not impossible. It would really be just that matter on how well you do able to gain up experience because those real engagement or experience
that you would be able to encounter are the things that would really be making you much more better as the time would be passing by.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
No one is capable enough to make such consistent trading without facing some inevitable losses. Even professional traders still lose in trading, so how much more for those who are still learning the process. Now if this happens, don’t resort into overtrading just to keep the trading urge, but make time to relax yourself from trading. This is the only effective way not to fall on mental health issues because of consistent losing. Manage your trades, as well as your emotions when trading. When you have high emotions, stay away from trading in order to control your losses if ever.
exactly the only thing that make difference between veteran trades and newbie trades is actually just emotional management and experience in reading the market and that it, even though some newbie can be really talented or already knowledgeable with reading market pattern, if they just fail in managing their own emotion, the trade could be disastrous, the result of impulsive trade is always lose streak and so on, people also seem to fail to realize that if someone experience lose streak doesn't mean they gonna win the next trade, like in future, the market could be behaving opposite of your thinking the whole day.

just relax a bit, try to clear that mind by doing something else, maybe its not a good day but tomorrow maybe a good day so don't get too fixated into trading, this kind of behavious as I've seen from veteran trader and investors are really what sets them apart from the average people, a veteran investor or trader can lose millions and just move on the next minutes.
sr. member
Activity: 1554
Merit: 374
Vave.com - Crypto Casino
Trading is not that easy.  To do trading you have to have sharp intelligence.  And emotions must be controlled.  One can never be too greedy when it comes to trading.  Loss in trading is guaranteed if you trade multiple times.  Basic rules of trading should always be kept in mind.  Trading requires both psychology and technical analysis.  And both have to be mastered and self-control learned.  If you have more leverage, you have to lose your trading position.  Moreover, those who are good at trading have to follow them constantly.  But trading is not that easy, it takes a lot of effort to master it, and it is not that you will get much profit from trading in the beginning.
Yes trading is a very difficult task for trading we have to control our emotions and then we can succeed in trading. We should never take wrong decisions while trading. If we don't make wrong decisions we will face big losses. So I think  Those who want to start trading in a new state, if they start trading from the beginning with good experience about trading, then they can do good things in the future. No one can ever guarantee that he will always make a profit, sometimes he will gain and sometimes he will lose.  There will be possibilities and we have to accept them.
legendary
Activity: 3122
Merit: 1140
(...)
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.
 These are some of the key points about trading that are understood by those who have gained some experience.
4 simple tips yet effective.
Traders especially those traders who are just starting must really practice this. Because if you want to be profitable and stay on the market for a long time, you need to adapt this.
Always have control, control in your emotion, control in trading like how much your trade size and leverage.
Yes, this is more effective and i could say that it would really be better that you should really be that something should be followed or that kind of trait on which whenever you do be able to encounter up something then
you could really be able to easily adjust accordingly and would really be finding up different variations on which you could really be able to make yourself that be versatile basing up into the condition that you are into.
Handling out emotion is never been that simple, it is really just that would really be basing up into someones level of experience on which this would really be able to determine whether you are really that be able to handle out such condition or you would really be that making yourself be versatile.

Although it wont really be that so simple but its not impossible. Control would really be that so important because we do know that this is something that would really be leading
up into this kind of different decisions that you do need to take up.
newbie
Activity: 12
Merit: 0
Easiest way to minimize stress and have tempered emotions is to not invest more than you wouldn't mind throwing into a fire pit.
sr. member
Activity: 1274
Merit: 457
Trading is not that easy.  To do trading you have to have sharp intelligence.  And emotions must be controlled.  One can never be too greedy when it comes to trading.  Loss in trading is guaranteed if you trade multiple times.  Basic rules of trading should always be kept in mind.  Trading requires both psychology and technical analysis.  And both have to be mastered and self-control learned.  If you have more leverage, you have to lose your trading position.  Moreover, those who are good at trading have to follow them constantly.  But trading is not that easy, it takes a lot of effort to master it, and it is not that you will get much profit from trading in the beginning.
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
Do not overtrade and keep money management tight, if you trade spot only overtrade is unlikely to happen since you put Entry Take profit, and stop loss and  yo go not to watch and stick to the monitor all day long at least this happen to me. FInaly if you still like using leverage trading know when to take profit and know when to stop
First is that you can trade spot and overtrade. If you do not want to trade more than necessary, it comes from how discipline you are in trading and how you are not greedy.

Second is that you can decide not to use TP and SL in spot. There is also TP and SL in future trading.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
How to handle emotions when you lose during trading. Basically, you already said it before and that all is true in my opinion, but I want to mention one thing do not trade using leverage hahaha I mean leverage trading looks delicious but it comes with greater risk I mean crypto itself is already high risk and if you trading with leverage meaning you double the risk IMO.

Do not overtrade and keep money management tight, if you trade spot only overtrade is unlikely to happen since you put Entry Take profit, and stop loss and  yo go not to watch and stick to the monitor all day long at least this happen to me. FInaly if you still like using leverage trading know when to take profit and know when to stop
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
1. Do not overtrade, always allocate time for relaxing and purifying the mind.
You know when the market is bullish it is the most fun time to trade, especially in spot and I experienced that a few years ago, where continuing to trade without having time to relax, and trading too much will not only have a bad impact on your body's health but also your mind because we always think about that and what is no less bad is that traders are not aware that the market is starting to move in the opposite direction so that they end up getting trapped and starting to experience losses.
Trade with a definite schedule and don't add to it even though we see the market is very active and can make us profit more quickly, because trading too much is also a form of greed that will lead traders to losses.
legendary
Activity: 2534
Merit: 1397
(...)
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.
 These are some of the key points about trading that are understood by those who have gained some experience.
4 simple tips yet effective.
Traders especially those traders who are just starting must really practice this. Because if you want to be profitable and stay on the market for a long time, you need to adapt this.
Always have control, control in your emotion, control in trading like how much your trade size and leverage.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
One of the ways to handle emotions is to go and leave trading alone after a bad lose maybe for couples of days for one to get themselves. Trading van be rewarding and also devastating especially when the opposite thing we are expecting finally occurs.
It is good we always relax and make plans so that we can benefit from the trading. Trading is not always about looking the market charts but also having a time to relax and have fun forgetting about anything trading.  We need to have time for ourselves as traders.
No one is capable enough to make such consistent trading without facing some inevitable losses. Even professional traders still lose in trading, so how much more for those who are still learning the process. Now if this happens, don’t resort into overtrading just to keep the trading urge, but make time to relax yourself from trading. This is the only effective way not to fall on mental health issues because of consistent losing. Manage your trades, as well as your emotions when trading. When you have high emotions, stay away from trading in order to control your losses if ever.
sr. member
Activity: 1008
Merit: 262
20BET - Premium Casino & Sportsbook
One of the ways to handle emotions is to go and leave trading alone after a bad lose maybe for couples of days for one to get themselves. Trading van be rewarding and also devastating especially when the opposite thing we are expecting finally occurs.
It is good we always relax and make plans so that we can benefit from the trading. Trading is not always about looking the market charts but also having a time to relax and have fun forgetting about anything trading.  We need to have time for ourselves as traders.
sr. member
Activity: 322
Merit: 227
Playbet.io - Crypto Casino and Sportsbook
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.

Handling emotions doesn't only depend on the experience that you have because you can learn how to handle emotions when you're learning how to trade, every trader that wants to succeed in trading needs to know how to handle their emotions or they'll get overpowered by their emotions and they can't make right decisions when trading. Every trader that is trading have to know that they'll lose at times and trading doesn't have to do with winning every trade that you open. What make you a good trader is the number of wins you're getting therefore when you lose don't think it's the end of your discipline to start misbehaving and doing things like someone that isn't informed on things that are right to do when trading and things that are wrong. If you can't handle your emotions after losing, just stop trading for time.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Set stop loss.

That's how you will control your emotions on an instant. Because if you can't go on and do good with your trade. That's going to be your initiator and reminder that you should stop and don't go further.

It's a good way to control your trades and not just your emotions and that will stop your greediness and false hopes that a trade that you're likely monitoring is good but it turns out that you need to face the reality that you have to stop.
full member
Activity: 1484
Merit: 136
★Bitvest.io★ Play Plinko or Invest!
The truth is that no matter what control or discipline we do in trading in order not to lose our cool it is inevitable because we are just human being, we could experience burst of emotion or because of our current emotion we sometimes does decision that is lack on thinking or logical thinking and it is prone to heppen in trading, we know how frustrating trading can be, one lose trade can throw us and become too emotional, but it cant be helped as no matter how firm is your controm and discipline you cannot sometimes control your emotion because you need it in order to not be burn out, what I'm doing when I lose in trade is to accept the lose and the emotional effect, so instead of trading again and as we know might affect my decision making when emrotional then I will divert my attention to something or let the anger and frustration out in that way I can be calm in a short period of time. So you just need to handle your emotions and know how to solve them.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
Just don't over-trade. Like you said, that's the most important part. Successful traders do their trades monthly. Sometimes even yearly. 4-5 trades/year is more than enough if you want to make money from trading. If you are doing 10 trades every day, you are probably addicted to gambling and you are probably losing money. Always trade a portion of your portfolio and keep a huge hodl stash and keep them in a cold wallet. I am hearing some bad news on exchanges locking people from their accounts randomly. You don't wanna end up like this trust me. Especially binance don't give a shit. They can keep your acc locked for months without giving out any information on what's going on.
Lack of emotional control makes you more prone to overtrading. So as much as possible, learn to handle your emotions first so you won’t push yourself into overtrading. And at the same time, don’t trade using leverage, it will only heighten the risk to lose, most especially if you are still new in the trading market.

Trading is a risky and dangerous thing. This is why people should not rush into trading if they are not knowledgeable and skilled enough, otherwise they will only trade in search for quick profits, when in reality trading does not magic like that, as it should be dealt seriously and skillfully.
jr. member
Activity: 142
Merit: 1
The first rule should be to step away for a while before you make an emotional decision! Let your emotions breathe, feel your feelings, and return to trading with a fresh mind so that you don't make impulsive, FOMO-based decisions. Trading is not easy and I recommend turning to a licensed trading bot (r100k) for new traders. It gives you the opportunity to sit back and does all the work for you. I have 162% profits today because of this method.
Pages:
Jump to: