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Topic: Trust you trading experience and don't panic - page 7. (Read 91978 times)

sr. member
Activity: 1988
Merit: 322
In the title of the topic is very correct advice, because really now in the chat room there is too much panic in people who do not fully understand the ongoing processes, but their panic leads to panic for other, younger market participants, which creates a rather strong negative background for the market in whole. Improve your knowledge and improve your skills, it will be much more useful than trying to find a better scheme in the public domain. Your experience is your future.
Panic situations are irrelevant and it is out of mind if we enter our emotions here and make the market as an emotional place which will make an emotional movie theatre. Trading is a fine and smooth way to make profit and especially the modern trading with crypto coins is more profitable and easy to handle. Never get panic with market situations and just look for your benefit and not at once profit after each buying process.
member
Activity: 322
Merit: 10
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 do agree on that, there are a lot of people in the market who are really good in trading and they did not care even thought the market prices are dumping because they already knew that the prices will still be going back to normal.
member
Activity: 336
Merit: 10
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.

Most of the professional traders do really know how the market works like how the volatility of the market is affecting different traders so they tend to make less wrong decisions because of their good experience.
jr. member
Activity: 168
Merit: 1
Yes you have said it right you have to trust your trading experience and don't panic for it is your decision and before you trade you have to study it carefully for you to understand how to do it and how will you start to do trading. For the newbies it is normal that you are afraid of doing the trading for it is your first time to trade. But when you have master it already you will not be panic in trading anymore. There are many ways on how to do trading you just have to study it so when you start to do trading you know what you will do at the same time you will experience how trading industry works.
member
Activity: 1021
Merit: 12
true, the trade must be confident and not panic when it comes the FUD. We've often heard the FUD. But, trust me that it's all just makes you lose.
sr. member
Activity: 714
Merit: 250
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.
It is easy to say if you have the training experience but many guys who are constantly panic they just usually don't have a trading action experience, so this is the problem of their, they don't know how to act.


Experience will truly pay off. To panic while one is on trading and the market is downward is a normal reaction. But this impulsive reaction can be minimized through experience; by constant emission in the world of trading. And this means experiencing lost is equally part of the game ang learning as gaining profit. The important thing is to be wiser every experience one encounters.
member
Activity: 350
Merit: 10
Panicking will yield bad results if you let it consume you. If you have trading experience already, so there's no need to panic already because your experience will always prevail than your fears.
full member
Activity: 387
Merit: 100
True,  if you already experience it then you will be feeling more better.  But as a new trader there is a possibility that you will surely sell your coins when you get panic.
member
Activity: 199
Merit: 10
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.
It is easy to say if you have the training experience but many guys who are constantly panic they just usually don't have a trading action experience, so this is the problem of their, they don't know how to act.
jr. member
Activity: 336
Merit: 5
Most Advanced Crypto Exchange on the Blockchain
This advice is good for experienced traders but not so much for newbies who just join at the end of last year. Experienced traders know this is a temporary dip, just have to convince the newcomers that moon will be soon!
newbie
Activity: 84
Merit: 0
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.
newbie
Activity: 224
Merit: 0
first of all you can buy anything but experience  and everyone knows that very well.in trading you need to have some sort of experience in the past to work in trading.it will help someone to take or make decision in the future .you should rely on your experience in trading and don't do anything stupid .cause it can cost you a lot.experience always helps you to do the better thing.its a must requirement to work in trading.
full member
Activity: 584
Merit: 100
$CYBERCASH METAVERSE
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.



Experience is also important but dont keep relying on it ,inorder to success in crypto trading you must educate and engage yourself espescially those different analysis and others,  dont forget when you enter trade you should use your brain during corrections and in trading.
This is right. One should never go for panic selling and should rather hold. Panic selling actually makes the market more red and this leads to further fall in the prices. One should rather use the trading experience and buy and make a diverse portfolio when the market is red along with the existing portfolio. This pay off in the end and we have been waiting for an impending boom since the last few month.
Emotion and greed will never let you make more money. Impatient person cannot trade in cryptocurrency. If you have trading experience then you will easily survive in panic time. Ups and down are parts of business and you will have to prepare yourself for that. Concentrate on your ability and don’t quit crypto trading. You will be successful in your aim.
newbie
Activity: 46
Merit: 0
Agree!!! Smiley
full member
Activity: 363
Merit: 101
There are a lot of newbies trying to trade and that is one of the reason of why we have all of them complaining in here, but i think that if you know how to trade, you wont make any mistakes

Even though we have experiences sometimes we have to face the loss because that's how sometimes the market situation is going to be. Experience trader will not bother much about the market situation even though he is facing loss.
Yes that is right right that in different situation we reach in different way. Some time when we see a big decreasing in bitcoin price and the market is fully bearish then it compel us to get panic. even if you have a good experience still you will get panic. I have even seen a lot of experienced trader  who got panic because of the increasing selling pressure.
Look, if someone is expecting a very strong minded behavior from those who have invested their hard earn money in this world, then I think you must review your thinking. Because this is so natural. You can’t go against the nature. How can you make good results when you are seeing the downfall for prices?Definitely you are getting panic but keep your mind relax and try to leave this topic for some time.
member
Activity: 294
Merit: 10
I'm doing trading around five years and still, now I work in trading so I always trust in cryptocurrency trading. When I started trading, then I lose around $500 USD because I have no experience in trading but nowadays I have some knowledge about altcoin market so I'm always making a profit in my trading. If I lose before then I haven't panic at the moment.
hero member
Activity: 798
Merit: 501
There are a lot of newbies trying to trade and that is one of the reason of why we have all of them complaining in here, but i think that if you know how to trade, you wont make any mistakes

Even though we have experiences sometimes we have to face the loss because that's how sometimes the market situation is going to be. Experience trader will not bother much about the market situation even though he is facing loss.
Yes that is right right that in different situation we reach in different way. Some time when we see a big decreasing in bitcoin price and the market is fully bearish then it compel us to get panic. even if you have a good experience still you will get panic. I have even seen a lot of experienced trader  who got panic because of the increasing selling pressure.
full member
Activity: 262
Merit: 100
You never need to panic. I certainly regret that I didn't merge some of the funds into fiat at the beginning of 2018, but I believe in the future of the Cryptocurrency

Don't get panic when the market down because one thing can happen ,only losing your money so instead of letting your money gone just wait until the market increase again.
sr. member
Activity: 980
Merit: 255
It seems to me that there is no point in talking about panic or negative psychological mood, especially if it's a professional trader. a person who knows how to manage the market, he easily copes with his emotions and knows how to act in order to minimize his losses in difficult situations.
Your mood is critical if you want to make money in trading, after all you are making money with your mind and with your appreciation of the market and if you are in a negative mood you are not going to take advantage of even good opportunities in the market just because you are being negative, which is why in many books about trading is recommended that you take some time off the markets when you suffer a big loss and you are unable to cope with it.
member
Activity: 194
Merit: 10
This is true, but you need to understand that sometimes it is not everything needed in here ,and you need to be trusting on your experience to see what is going to happen with some prices, it is difficult at some point, you need to admit it
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