Topic: Top Three Emotions to Check to Succeed! - page 3. (Read 2412 times)
Missed opportunity can lead to greed due to trying to make up for it.
Agree with your views, I always fail in this market by my greed. I have held a lot of altcoins since the beginning of 2018 and in the hope that the price will quickly surpass the old ATH because the market is getting excited. But the result was a series of altcoins I held collapsed and I did not cut losses. I still keep my opinion, the price will definitely go up soon. And so far most of those altcoins are dead, and my greed has made me lose a lot
Yes, I totally agree with these three emotions and we should control them better to trade or invest more successfully. But how to control it? I believe that people are wondering about how to get this right and minimize our time. I would like to share that is hard work and continuous practice. Besides, we have to cultivate more price models, Price action is one of the best and best knowledge to date, indicators only appear after the price is completed.
After learning and choosing for yourself the trading style, you should practice this as much as possible with the least number of accounts possible. because in the first 3 years, traders often lose more than $ 10k to realize the blood experience. That's the way I practice and now I have a passive income.
Yes , if we master to hold this emotions, if we are able to control these, I think it could be very helpful to us since these are the major factors that affects the way we trade, it is need to be learned so that by the next time we trade , the list of emotions stated above cannot hinder us. After learning and choosing for yourself the trading style, you should practice this as much as possible with the least number of accounts possible. because in the first 3 years, traders often lose more than $ 10k to realize the blood experience. That's the way I practice and now I have a passive income.
Confidence is really a must but having overconfidence on oneself will not bring any good at all. We might commit mistakes and fail most of the time but if we try to control our emotions as much as we can, then it's more likely that we will gain positive result in the end.
Should be aware of too underestimating things aswell, I've read some people with dunning kruger effect could have an inflated self-assessment towards their own capability and that's a really bad thing and being overconfidence will just become a catastrophe to oneself. It's always our ability to read the current circumstance and be aware of it before being confident. Though sometimes I think that being overconfident and greed always correlate to each other.
Confidence is really a must but having overconfidence on oneself will not bring any good at all. We might commit mistakes and fail most of the time but if we try to control our emotions as much as we can, then it's more likely that we will gain positive result in the end.
Should be aware of too underestimating things aswell, I've read some people with dunning kruger effect could have an inflated self-assessment towards their own capability and that's a really bad thing and being overconfidence will just become a catastrophe to oneself. It's always our ability to read the current circumstance and be aware of it before being confident. Though sometimes I think that being overconfident and greed always correlate to each other.A little bit of greed is necessary for huge profits, and fear will hold you back when you're too greedy. Self-confidence is also helpful. You cannot make a clear and quick decision if you tell me you do not have solid confidence. All information from outside is for reference only. So, after all, you still have to decide everything and accept all the consequences.
Balance everything is the best. And just as Kimonoe said: this is a lifelong lesson.
Confidence is really a must but having overconfidence on oneself will not bring any good at all. We might commit mistakes and fail most of the time but if we try to control our emotions as much as we can, then it's more likely that we will gain positive result in the end.
Should be aware of too underestimating things aswell, I've read some people with dunning kruger effect could have an inflated self-assessment towards their own capability and that's a really bad thing and being overconfidence will just become a catastrophe to oneself. It's always our ability to read the current circumstance and be aware of it before being confident. Though sometimes I think that being overconfident and greed always correlate to each other.legendary
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Confidence is really a must but having overconfidence on oneself will not bring any good at all. We might commit mistakes and fail most of the time but if we try to control our emotions as much as we can, then it's more likely that we will gain positive result in the end.
Should be aware of too underestimating things aswell, I've read some people with dunning kruger effect could have an inflated self-assessment towards their own capability and that's a really bad thing and being overconfidence will just become a catastrophe to oneself. It's always our ability to read the current circumstance and be aware of it before being confident. Though sometimes I think that being overconfident and greed always correlate to each other. 
Yes, I totally agree with these three emotions and we should control them better to trade or invest more successfully. But how to control it? I believe that people are wondering about how to get this right and minimize our time. I would like to share that is hard work and continuous practice. Besides, we have to cultivate more price models, Price action is one of the best and best knowledge to date, indicators only appear after the price is completed.
After learning and choosing for yourself the trading style, you should practice this as much as possible with the least number of accounts possible. because in the first 3 years, traders often lose more than $ 10k to realize the blood experience. That's the way I practice and now I have a passive income.
After learning and choosing for yourself the trading style, you should practice this as much as possible with the least number of accounts possible. because in the first 3 years, traders often lose more than $ 10k to realize the blood experience. That's the way I practice and now I have a passive income.
yes you are right op. controlling emotions in investing crypto is very important because most people experience defeat and lose their capital because they cannot control emotions. being greedy will keep us from getting anything. it's better if the coin has increased 50% we sell and take profits. and we must not be afraid either. some people panic when they see a fall in the price of coins and rush to sell. if we are calm and patient then we will not suffer losses. (this applies to bitcoin investments). I am always sure that after bitcoin has declined it will definitely increase. we just need to be patient.
Our decisions are all depends on our personality. Checking our psychology before investing or trading is really important to consider because it is a factor to become successful. If you have poor investing and trading psychology, there is a high chance that your decisions will lead you to losses. You can handle the risks if you know how you will control your emotions and also if you fully aware to yoy personality. 
yes you are right op. controlling emotions in investing crypto is very important because most people experience defeat and lose their capital because they cannot control emotions. being greedy will keep us from getting anything. it's better if the coin has increased 50% we sell and take profits. and we must not be afraid either. some people panic when they see a fall in the price of coins and rush to sell. if we are calm and patient then we will not suffer losses. (this applies to bitcoin investments). I am always sure that after bitcoin has declined it will definitely increase. we just need to be patient.
Greed is very much the number 1, greed takes away fear and builds fake confidence that blinds you until you have lost it all, greed works most times but not always and it can as well get you in trouble even after losing all.
This emotions is the first to be checked before others, fear is a daily emotion everyone faces unless you are spending the right amount that you are willing to lose then fear is not a factor.
This emotions is the first to be checked before others, fear is a daily emotion everyone faces unless you are spending the right amount that you are willing to lose then fear is not a factor.
no fear isnt the one that we feel ever day . i believe that people are not fearful on some days but they are too courageous to the task that they wanted to finish but somedays the courage drops and turn into fear . good thing that greed can sometimes enter which again remove the fear that we feel . its better to be greedy sometimes to stay motivated but make sure that we know how to stop our greed so that we wont end up loosing what we already gathered
totally agree, greed is the most dangerous. I get bad experiences from being greedy on trading. I lost a lot of money because I was greedy because I was too confident and had no fear, and sometimes the fear is necessary to avoid something worse.
This thread can be of great help to newcomers to crypto trading to learn the importance of emotion that should be kept aside in trading. Because it can help the novice to know what to do to start trading.
And I think one of the things they need to know is that being greedy can ruin their investment
And I think one of the things they need to know is that being greedy can ruin their investment
Confidence after failure is needed. In every failure we experience, we must learn from it. We must not stop we need to be better each day. We need to invest in learnings to improved our skills. We ust not fall in everytime we lose. Used as experience to do better next time. Not just in trading and crypto but in life also.
Having confidence is really a good for us to create more effective decisions. Even if you are knowledgeable person but you are lack of self esteem then you will still lose in your trading. Improving our self esteem will help us to become better trader and investor and it can help us to think differently. There are people who losing their confidence after they fail and it is the problem, use the failure as motivation for you to become stronger than before. It is part of the process and we should not be afraid to fail sometimes.
Confidence after failure is needed. In every failure we experience, we must learn from it. We must not stop we need to be better each day. We need to invest in learnings to improved our skills. We ust not fall in everytime we lose. Used as experience to do better next time. Not just in trading and crypto but in life also.
Having confidence is really a good for us to create more effective decisions. Even if you are knowledgeable person but you are lack of self esteem then you will still lose in your trading. Improving our self esteem will help us to become better trader and investor and it can help us to think differently. There are people who losing their confidence after they fail and it is the problem, use the failure as motivation for you to become stronger than before. It is part of the process and we should not be afraid to fail sometimes. Confidence after failure is needed. In every failure we experience, we must learn from it. We must not stop we need to be better each day. We need to invest in learnings to improved our skills. We ust not fall in everytime we lose. Used as experience to do better next time. Not just in trading and crypto but in life also.
Confidence is really a must but having overconfidence on oneself will not bring any good at all. We might commit mistakes and fail most of the time but if we try to control our emotions as much as we can, then it's more likely that we will gain positive result in the end.it is true that only confidence without your knowledge can fail !, many cases like this, but take it easy you can certainly do it
Confidence after failure is needed. In every failure we experience, we must learn from it. We must not stop we need to be better each day. We need to invest in learnings to improved our skills. We ust not fall in everytime we lose. Used as experience to do better next time. Not just in trading and crypto but in life also.
Confidence is really a must but having overconfidence on oneself will not bring any good at all. We might commit mistakes and fail most of the time but if we try to control our emotions as much as we can, then it's more likely that we will gain positive result in the end. 
Confidence after failure is needed. In every failure we experience, we must learn from it. We must not stop we need to be better each day. We need to invest in learnings to improved our skills. We ust not fall in everytime we lose. Used as experience to do better next time. Not just in trading and crypto but in life also.
Let me add something to this list. Chance factor. You have to master your emotions. The most important thing in this market is to keep the psychology intact. And not to lose the excitement. Excitement is very important. Excitement is the driving force for investors.
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