Topic: Trading Emotions - page 4. (Read 926 times)

Quote from: jossiel on May 15, 2022, 05:43:22 PM

It is important to understand that emotions often lead to negative outcomes. Unfortunately, traders often miss this aspect and let the excitement take a lot.

I agree, However Success is never possible in the world of trading with passion, There is so much to know about trading, Newcomers will never go trading emotionally. Good luck to everyone.

Achieving success on trading is something that cant really be able to handle out easily when you arent really having that experience which is really that needed because you couldnt
able to control yourself nor properly apply your analysis if you arent really that mindful nor dedicative towards your trading analysis and perseverance on making profits.
We are just humans and emotions is really that being part and there are times or situations which cant really be avoided but with due proper experience and skills
then you could really able to handle it out.

Silberman

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Controlling your emotion, easy to talk about it but when you are there and there is something that triggers you, you will hard time dealing with it.

Just be watchful to the market and yourself because you might not have noticed that you have been emotional and too greedy.

Being self-aware is a skill and it is one that it is really difficult to master, it is easy to take a look at ourselves and think that we are way better than we are, so many people have the mistaken idea that they can control their emotions but in fact they cannot do so, and this can be a huge weakness when we trade, because trading at its core is an exercise at decision making under pressure, those that can take the pressure and take the best decision possible win while those that cannot do so lose.

bdSaleh

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Quote from: GeorgeJohn on May 15, 2022, 06:41:30 PM

It is important to understand that emotions often lead to negative outcomes. Unfortunately, traders often miss this aspect and let the excitement take a lot.

I agree, However Success is never possible in the world of trading with passion, There is so much to know about trading, Newcomers will never go trading emotionally. Good luck to everyone.

Mahanton

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Quote from: sklopan on May 15, 2022, 09:06:54 AM

Very often, it is under the influence of emotions that a trader can do not the right things. You should immediately understand that the worst emotion in this case is excitement, and this is what you should pay attention to.

When you made mention of excitement, it's uncontrollable if peradventure you involve into a significant profit, and it's very obvious that nothing can stop your jubilation not to come in surface angles, really focus is the primary objective and assignment of trading emotions from my perspective, because when you don't control your emotions over the market, i think it might enroll you into the negative side of cryptocurrency trading. I don't know for you, but it's personal opinion.

You would only realize things when its already too late or the outcome has been done which it would really make out some realizations which would really be that crucial on making yourself way more better in terms
of investment or in trading.This isnt something simple that could be acquired but with real experience and engagement then you would really able to identify it out on next engagement or encounter.
Emotions is one of the most hardest thing to be controlled off but once you do have took a good grasps then you would able to control it on upcoming trades to come.

GeorgeJohn

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Quote from: sklopan on May 15, 2022, 09:06:54 AM

Very often, it is under the influence of emotions that a trader can do not the right things. You should immediately understand that the worst emotion in this case is excitement, and this is what you should pay attention to.

When you made mention of excitement, it's uncontrollable if peradventure you involve into a significant profit, and it's very obvious that nothing can stop your jubilation not to come in surface angles, really focus is the primary objective and assignment of trading emotions from my perspective, because when you don't control your emotions over the market, i think it might enroll you into the negative side of cryptocurrency trading. I don't know for you, but it's personal opinion.

jossiel

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Quote from: palle11 on May 14, 2022, 04:38:19 AM

Quote from: jossiel on May 14, 2022, 03:30:41 AM

Many have been caught odf guard because they cannot take it anymore so, be still and remain at right thinking as you watch the market.

Emotions remain a very manipulating factor for traders. It is capable to shift your desire and wishes and take you to act in a way that can make you lucky or unlucky. For trading there is a relationship between emotion and luck because if it gets you to act contrary to your plans it can make you lucky in winning the trade or unlucky in losing the trade. We therefore should try to control our emotion from directing us against our plans but if our emotion and plan work together then there is high chance of greater success.

Controlling your emotion, easy to talk about it but when you are there and there is something that triggers you, you will hard time dealing with it.

Just be watchful to the market and yourself because you might not have noticed that you have been emotional and too greedy.

KingsDen

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Quote from: Luzin on May 15, 2022, 05:58:47 AM

Quote from: UmerIdrees on May 15, 2022, 03:42:25 AM

I don't know why people think that trading is a quick rich scheme. I know many of my friends who want to do cryptocurrencies trading because they think that it will make them rich without much efforts. This is a totally wrong perception which make people lose money. If anyone do trading with these emotions to get rich overnight, they will eventually lose their capital.

Training emotions is learning the hardest. Even with the current market conditions, too many token coins exist. If you don't master it, you will make a lot of mistakes. Many new people are in crypto because they want to be like that. But they don't understand if crypto needs mastery of techniques to be successful. People who can get rich in one night maybe they are just lucky, and luck will not happen again and again. If you are lucky and do not master the emotions may eventually your funds will soon run out.

I am not surprised that the discussion so far has deviated from the original purpose of the thread. Op I should say intentionally gave a different title but discussion purely a different thing in the body. While the title said "Trading Emotions".The body is describing what I don't really understand, something looking like a crowd funding and spinning to have a winner. Not really work it because it looks like something that could actually be a scam. And besides the idea didn't come from an established member.
So, it is rather good that you guys have changed the thread discussion to fit Op title even if it's not what Op intended Grin

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Quote from: UmerIdrees on May 15, 2022, 03:42:25 AM

Quote from: sklopan on May 15, 2022, 09:06:54 AM

I would say that emotions during work are an extremely difficult detail. Do not forget that under the influence of emotions, you can make not the right decisions.

Depends on the emotion I believe, but if its more about greediness without having any analysis then that is the one to lead you on a bigger losses. If you do have plans and strategies better to stick with it always and don't follow your emotion that much because it can bring bad luck to you which is bad at all. Trading with negative emotions are next to your bigger losses, that's risky and you should not do that if you want to save your money and have profit.

I don't know why people think that trading is a quick rich scheme. I know many of my friends who want to do cryptocurrencies trading because they think that it will make them rich without much efforts. This is a totally wrong perception which make people lose money. If anyone do trading with these emotions to get rich overnight, they will eventually lose their capital.

While they are partially at fault for their mistaken beliefs at the same time it is difficult for them to not believe something like that when most of the ads that you can see on the internet that promote different trading platforms are always talking about all the money that you can make while you trade in a short amount of time, only those that take the time to read about the markets and understand them realize the truth that this is not the case and as such they adjust their expectations accordingly.

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Very often, it is under the influence of emotions that a trader can do not the right things. You should immediately understand that the worst emotion in this case is excitement, and this is what you should pay attention to.

Should pay attention to and do really make yourself that making adjustments basing on what you are currently experience on.This is something a very common type of
problem on which you would really be having that uneasy or doubtful feeling whenever you do make out some buy or sell decisions which its really be that hard
on dealing with trading since emotions is one of the most common enemy that you should need to get rid or at least do have some good control.

sklopan

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Very often, it is under the influence of emotions that a trader can do not the right things. You should immediately understand that the worst emotion in this case is excitement, and this is what you should pay attention to.

ethereumhunter

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Quote from: UmerIdrees on May 15, 2022, 03:42:25 AM

Quote from: UmerIdrees on May 15, 2022, 03:42:25 AM

I would say that emotions during work are an extremely difficult detail. Do not forget that under the influence of emotions, you can make not the right decisions.

Depends on the emotion I believe, but if its more about greediness without having any analysis then that is the one to lead you on a bigger losses. If you do have plans and strategies better to stick with it always and don't follow your emotion that much because it can bring bad luck to you which is bad at all. Trading with negative emotions are next to your bigger losses, that's risky and you should not do that if you want to save your money and have profit.

I don't know why people think that trading is a quick rich scheme. I know many of my friends who want to do cryptocurrencies trading because they think that it will make them rich without much efforts. This is a totally wrong perception which make people lose money. If anyone do trading with these emotions to get rich overnight, they will eventually lose their capital.

It's normal if people think like that because they see advertisements on social media saying that they can get a lot of profit from trading. It triggers them to try to follow these people but the mistake is that they haven't studied deeply about trading and don't have good self-control yet. That is why when you trade, you must prepare to adapt to any situation. Many traders forget to control their emotions so they fail to profit from trading.

Luzin

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I don't know why people think that trading is a quick rich scheme. I know many of my friends who want to do cryptocurrencies trading because they think that it will make them rich without much efforts. This is a totally wrong perception which make people lose money. If anyone do trading with these emotions to get rich overnight, they will eventually lose their capital.

Training emotions is learning the hardest. Even with the current market conditions, too many token coins exist. If you don't master it, you will make a lot of mistakes. Many new people are in crypto because they want to be like that. But they don't understand if crypto needs mastery of techniques to be successful. People who can get rich in one night maybe they are just lucky, and luck will not happen again and again. If you are lucky and do not master the emotions may eventually your funds will soon run out.

UmerIdrees

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I would say that emotions during work are an extremely difficult detail. Do not forget that under the influence of emotions, you can make not the right decisions.

Depends on the emotion I believe, but if its more about greediness without having any analysis then that is the one to lead you on a bigger losses. If you do have plans and strategies better to stick with it always and don't follow your emotion that much because it can bring bad luck to you which is bad at all. Trading with negative emotions are next to your bigger losses, that's risky and you should not do that if you want to save your money and have profit.

I don't know why people think that trading is a quick rich scheme. I know many of my friends who want to do cryptocurrencies trading because they think that it will make them rich without much efforts. This is a totally wrong perception which make people lose money. If anyone do trading with these emotions to get rich overnight, they will eventually lose their capital.

martyns

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I would say that emotions during work are an extremely difficult detail. Do not forget that under the influence of emotions, you can make not the right decisions.

Depends on the emotion I believe, but if its more about greediness without having any analysis then that is the one to lead you on a bigger losses. If you do have plans and strategies better to stick with it always and don't follow your emotion that much because it can bring bad luck to you which is bad at all. Trading with negative emotions are next to your bigger losses, that's risky and you should not do that if you want to save your money and have profit.

Trading with mixed emotions leads to losses in trading, always trade when in the right mindset inother to neglect greed and FOMO. When you trade with negative emotions, it leads to losses in trading which is not good for traders. Like the trending coin we have now, Luna which dip all the way from $114 to $0.00044 cents. Those that were shorting it on futures where in a bug profits while those that were scared of losing their money enter late and all their funds were liquidated. So to gain profits, one needs to have a positive mindset when entering a trade.

Scripture

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Quote from: coinmanhere on May 13, 2022, 12:04:53 PM

I would say that emotions during work are an extremely difficult detail. Do not forget that under the influence of emotions, you can make not the right decisions.

Depends on the emotion I believe, but if its more about greediness without having any analysis then that is the one to lead you on a bigger losses. If you do have plans and strategies better to stick with it always and don't follow your emotion that much because it can bring bad luck to you which is bad at all. Trading with negative emotions are next to your bigger losses, that's risky and you should not do that if you want to save your money and have profit.

noorman0

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[Nope]No hype delivers more than hope

I really don't understand this forum on one hand people are too strict and restrict people based on their ips from certain countries which is pure discrimination no matter how you put it. And then you see this very obvious scam but nothing done. Not removed or anything. Just bunch of people feeding their egos telling how smart they are to tell this is a scam. Seriously why the hell this is not removed.

"Fraud is not moderated in this forum", while certain ip restrictions are only for internal purposes of the forum (minimizing hacking attacks, and the like). It has nothing to do with your problem, your losses.
On the other hand, it is also advantageous to demand that you be smarter and more careful in dealing with this kind of scam not only in this forum, but also in other places.

dunfida

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Quote from: Johnyz on May 14, 2022, 05:45:08 PM

It is important to understand that emotions often lead to negative outcomes. Unfortunately, traders often miss this aspect and let the excitement take a lot.

This is what happening on many coins/tokens right now and seriously, I got hyped as well and I don’t know what will be the outcome of this one but I’m hoping for a positive one. Emotions have its own pros and cons, though in trading you should have less emotions because anything can happen here and you can’t actually know if the market will in favor to you so better to have your analysis ready and invest only what you can afford to lose. Don’t just take the HYPE, analyze it as well.

When you do get yourself easily hyped with projects out there specially new ones or any sentiments around then you should really be that careful since it would really be possibly causing more losses than profits.

Its not an assurance though but there are people who could really able to control your emotions and this is via means with proper experience and knowledge in the market.
Its hard or common when you are just noob but once you do have a good awareness then things would come along the way.

Johnyz

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