Topic: Trust you trading experience and don't panic - page 22. (Read 91980 times)
Yes you are right. Never need to give in to a panic sale. Panic is our evil enemy. You need to deal with these emotions, otherwise they will make you bankrupt. This is why all successful traders are very serious learn to control these emotions. In this forum (and not only here), I saw traders (and more likely non-traders) who succumbed to panic and sold almost all their coins in the spring for cheap. The conclusion is one. You need to believe in crypto currency and the fact that it has a bright future!
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.
Panic is something that arises from ourselves when we are under pressure to make a decision. Usually panic happens when we think that we will experience losses and how to minimize losses. Maintaining our emotional state will help us in resisting the panic. Now I believe that panic can determine how the future will be achieved. Simply stated that our future will be influenced by how our actions in making decisions quickly and precisely. Please note that it all depends on the emotional state of a very important patience. 
if you want to trade it must be able to control emotions well and do not panic when the price drops because it will only make you lose if you panic sell, so better stay calm and learn from your experience
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.
As for me, panic selling won't help us gain good profit and won't help us grow as traders. The best thing to do as the market price drops down is to keep calm and be patient because there would still be a bigger chance for us to gain better rewards by waiting.
Instead of panic selling I advice you to focus on Fundamental strength of coin, its future prospects, its competitive advantage and remember the reasons whi did you buy it.
to become a successful trader then we must continue to learn and dare to take risks because of experience then we will know and be understand about trading and risk from trading, experience is a good teacher
That is the spirit. You must trade with your plan and there must be a stop loss and take profit. Any one that comes first should be accepted as the result of the days trade. Do not revenge trade whenever you lose trade. If you do you will lose more.
Psychology is important to the success of a trader so staying calm in times of market fluctuations and make wise decisions will help investors easily succeed in this market. Try to learn a lot of knowledge from experienced people and the internet, books ... that is the knowledge you need to do as a trader.
Your mentality is key not only in trading but in every aspect of your life, there have been many studies of this especially in sports and scientist have determined that your inner beliefs have a very strong impact especially in the moments of great pressure, so if you think that you can solve a situation no matter how difficult things may be you will be calm and collected and will evaluate your options with a cool head something that is critical if you are a trader. 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.
Yes it's better to trust in our experience and don't panic.As you go on there's something in moving forward that is waiting for us to increase in knowledge and blessings. While if you are in panic it might lost all what you have and becoming stressful.
The hardest part is controlling the emotions, making the decision to hold or CL. this requires experience and emotional control.
and panic is the biggest enemy of a trader, forget your token and relax in trading.
If you cannot control your emotions,then i think trading will not work out for you.Trading is all about profit so you should know the best things to do especially if you are facing tough times in trading.Panic selling will make you lose in most of the times but there are times also that it will create a positive result than just holding your coins throughout the year.The desicion is all yours that's why you have to be flexible and cautious all the time. and panic is the biggest enemy of a trader, forget your token and relax in trading.
Trade is not an easy job, just a madman who says this is easy.
Good for you mate for those experiences that you have, and I can see that in the future you'll be a wealthy person. All we need to do is to be strong and don't be weak, because if you're lack of determination even though you have that skills and trading experience its nothing when you let panic controls you.
I usually trade when BTC is stable, it's better because bitcoin will change everything. I mean the altcoin price will change following the bitcoin price.
Thank you very much for your support.
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.
That`s a good words. I dont know how, but i got nice level of knowledge for a short time period, but i didnt
believe myself, cause i thought that other experienced guys were better. That was a big mistake.
true, if the price drops then there is no need to panic sell because it will only make us lose, make the experience of trading to be a good teacher to be successful in trading, and we must believe that the price will definitely rise again
All decisions in trading should be made based on experience and information. You can not allow emotions to influence decision-making. Without the control of emotions, it will not be possible to effectively trade.
maybe that would be a big dilemma in waiting for the rising prices. and when you need money you are forced to sell it for a low price. we need confidence for it, that belief decreases when we hear negative issues.
Panic selling is the cause of most traders losing money as a results of FUD. If you trust your knowledge and experience in trading, you will forgo all setbacks and the short term downward price of the coin you are trading and focus on what the coin can achieve in the future.
Of course there's no one that can really help you during your trading but yourself. Although at the beginning you will have not experience but as time goes on, you will gain enough that will really help you during times of crisis.
I have a lot of mistakes in the past and looking back it was so funny but its indeed a good lesson to learn. It help me develop make good decision and in return earn me some money. I mean panic is really the worst enemy of a trader, but we can learn how to control it throughout your trading journey.
I have a lot of mistakes in the past and looking back it was so funny but its indeed a good lesson to learn. It help me develop make good decision and in return earn me some money. I mean panic is really the worst enemy of a trader, but we can learn how to control it throughout your trading journey.
Trust your coins with your choice. And don't be panic. Better to trust and not to get worried at all, you must be learned from your experience coz this is the best way to have more confident from what we have done before.
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.
Yes it's better to trust in our experience and don't panic.As you go on there's something in moving forward that is waiting for us to increase in knowledge and blessings. While if you are in panic it might lost all what you have and becoming stressful.
Well in general yeah that's a good way to look at it. For newbies, don't be afraid to make mistakes and lose. That's why it's important that you only put in money you can afford to let go especially if you're starting since this will add up to your experiences that'll be so much more valuable in the future
No doubt, experience is the best teacher. Many of the professional traders and investors are gaining more profits and have managed their risks effectively because of the past experiences. But there are also some people that never learn at all because they keep committing the same mistakes they committed in the past.
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.
Yes it's better to trust in our experience and don't panic.As you go on there's something in moving forward that is waiting for us to increase in knowledge and blessings. While if you are in panic it might lost all what you have and becoming stressful.
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