Topic: Trust you trading experience and don't panic - page 11. (Read 91978 times)
Those panic sellers are the ones who doesn't know the market, an experienced trader doesn't panic because a little dip is normal specially in this kind of market
I totally agree with you that panic selling is not a solution. but i also do not think that trading now is a good choice. with the bear market, you should hold for the recover to earn money
Well with experience comes knowledge and being knowledgable would lead to making good sound decisions. Panicking is never a good one. If you're a newbie, accept mistakes and learn from them. No trader is perfect, it just goes down to how you'll handle things that aren't going your way
We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
Trust yourself have a lot of confidence of yourself even if you do not hqve mucj experience in trading of course if you have confidence in yourself you can do it and do not panic like anyone does because if you come to think of it that panic selling is really not gonna help and worst they are just making the price fall much more so just stay calm and trade more sell less for you to gain more and lose less. It is just about patience and determination if you want to gain dont sell.
I totally agree with you that panic selling is not a solution. but i also do not think that trading now is a good choice. with the bear market, you should hold for the recover to earn money
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don't panic is the hardest things that we can deny but if we can learn how to manage our emotion, this is not difficult especially if we have any experiences in trading. but yes, for new people, this is difficult and they need to always patient and stay calm when they see something is not right that will happen in the market. I am sure that we can handle our emotion and we trust our trading experience although we don't have a high-skills experience in trading.
Panic is the greatest profit killer, while many people talk about all kind of methods to make money the truth is that if you do not have complete control over your emotions at the end it is not going to matter what kind of method you are trying to use like short term trading or long term holding you are going to lose your money, this is why people need to understand very well why they are in this market if they do they have a chance to make money if they don't then they will lose money for sure when they panic.we can say like that because we already have this experience and we don't want other people to get the same experience as us. you need to learn hard about controlling your emotions and stay calm if your plan or strategy is not working because by doing this, I am sure that you can find a way out to anticipate your loss and even you can get a profit. and if you have more experience in trading, I am sure that it will useful for you in trading and you can make a profit again and again.
getting a profit and experiencing a loss in trading is normal and that has happened to all traders, and as traders we should be able to stay calm and not panic when the price drops because we already have experience that is the best teacher and we must know what to do now
Ups and downs, profit and loss are the part of trading and those who doesn’t quit become successful traders. Continuity and strong determination are mandatory for affective trading. If you become dishearten you will not be able to make money from crypto trading. Better to forget about panic and try to trade affectively with your experience and skills. 
Well I think it would work for all of those who have successful trades ,
But not for those who doesn't really know what they are doing or just listening to the signal groups and doesn't have an idea on how to read the graph.
But not for those who doesn't really know what they are doing or just listening to the signal groups and doesn't have an idea on how to read the graph.
yes you are right you better believe in yourself and believe from your trading experience because personal experience is more profitable than trust with others and do not panic easily.
may be slightly different from my trick to trade in cryptocurrency. If I earn 10% profit then I will continue tomorrow for trading.
And if the coins I buy have decreased 5% then I stoploss because for the backup is not there and I buy again tomorrow its id the lowest price.
And if the coins I buy have decreased 5% then I stoploss because for the backup is not there and I buy again tomorrow its id the lowest price.
We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
The reason why there are still a lot of successful traders today is due to their experience, some of them knew how the volatility of the market works and they always save their coins waiting for the right price to come out before selling.
We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
I can't watch the market the whole day or every minute of my waking hour. I guess the real traders, the ones who make trading as a living, are the only ones who can do this. I don't panic and FOMO but I try to protect my downside as well - as small losses eventually turns to bigger losses if you don't know when to cut your losses -
If you aren't trading for a living, then - If you watch every tick, you'll trade like a dick
True and I've learned it through my personal trading experience where I miss a lot of profits because I panic sold. With that experience, I trust more the market than my emotions and I know that it will go soaring above the skies again and we are going to pop champagnes again.
True, I do not think there is any other things that win experience which can give yourself the best review no matter your experience is good or bad. Trading is not a very stable activity, we can never tell when I trade without any risk, when to trade so i can gain a great profit. Do not panic, but you should also spend reasonable amount of capital for trading, trading cannot let your revenue gain in a stable manner, do not put all you having to trade and hope for very large amount of profits.
I would like to say that whenever there is a panic sale, it does mean that emotion was involved in that trade, which is actually not the best practice. Having a working trading system which had been tested overtime, should be, to a certain level of degree be relied upon, in order to avoid the occurrence of panic sales.
The most difficult thing is to gain experience of trading.
Learn the methods and practices of selling and buying.
When a panic arises, it is even more difficult to trade.
Therefore here we find and read information.
Thank you
I would like to say that whenever there is a panic sale, it does mean that emotion was involved in that trade, which is actually not the best practice. Having a working trading system which had been tested overtime, should be, to a certain level of degree be relied upon, in order to avoid the occurrence of panic sales.
It depends on how much trading experience you have. And the logic behind your current decision.
If you are sure of your deduction, then, don't panic.
If you are sure of your deduction, then, don't panic.
don't panic is the hardest things that we can deny but if we can learn how to manage our emotion, this is not difficult especially if we have any experiences in trading. but yes, for new people, this is difficult and they need to always patient and stay calm when they see something is not right that will happen in the market. I am sure that we can handle our emotion and we trust our trading experience although we don't have a high-skills experience in trading.
Panic is the greatest profit killer, while many people talk about all kind of methods to make money the truth is that if you do not have complete control over your emotions at the end it is not going to matter what kind of method you are trying to use like short term trading or long term holding you are going to lose your money, this is why people need to understand very well why they are in this market if they do they have a chance to make money if they don't then they will lose money for sure when they panic.
don't panic is the hardest things that we can deny but if we can learn how to manage our emotion, this is not difficult especially if we have any experiences in trading. but yes, for new people, this is difficult and they need to always patient and stay calm when they see something is not right that will happen in the market. I am sure that we can handle our emotion and we trust our trading experience although we don't have a high-skills experience in trading.
Panic is the greatest profit killer, while many people talk about all kind of methods to make money the truth is that if you do not have complete control over your emotions at the end it is not going to matter what kind of method you are trying to use like short term trading or long term holding you are going to lose your money, this is why people need to understand very well why they are in this market if they do they have a chance to make money if they don't then they will lose money for sure when they panic.don't panic is the hardest things that we can deny but if we can learn how to manage our emotion, this is not difficult especially if we have any experiences in trading. but yes, for new people, this is difficult and they need to always patient and stay calm when they see something is not right that will happen in the market. I am sure that we can handle our emotion and we trust our trading experience although we don't have a high-skills experience in trading.
Panic is the greatest profit killer, while many people talk about all kind of methods to make money the truth is that if you do not have complete control over your emotions at the end it is not going to matter what kind of method you are trying to use like short term trading or long term holding you are going to lose your money, this is why people need to understand very well why they are in this market if they do they have a chance to make money if they don't then they will lose money for sure when they panic. 
We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
Panicking will not solve anything, it will not give you profit, nor change the current market price. Panicking can lead you to wrong decisions. It is better to trust your intuition and experience when trading. Trading is risky, but it is very profitable since prices can change in many ways in just a short span of time.
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