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Author Topic: Never Trade On Emotions  (Read 18908 times)

Offline mianvicky1

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Never Trade On Emotions
« on: July 26, 2021, 09:44:49 PM »
I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.

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Never Trade On Emotions
« on: July 26, 2021, 09:44:49 PM »

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Offline debra

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Re: Never Trade On Emotions
« Reply #1 on: July 26, 2021, 11:49:04 PM »
There are some types of people who often losing when trading.
They are the ones who"
- Panic
- Doubt
- Hurry
- Hyped.
- FOMO.
- Angry.
- Worried.
Those are because we cannot control our emotions in trading. So, we can easily get lost.
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Offline Anonylz

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Re: Never Trade On Emotions
« Reply #2 on: July 27, 2021, 10:34:15 AM »
I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
I agree with you but investors should understand that when you are investing in any cryptocurrency, you shouldn't look at the immediate gains, your focus should really be for the long term but if it so happens that the market is good in a short time, then taking profits is advised and if they are also investing with funds that are not free at that particular moment, they might tend to want to recover it back, all this leads to investors making irrational desitions that might make them lose funds.



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Re: Never Trade On Emotions
« Reply #3 on: July 27, 2021, 06:02:29 PM »
Trader is a profession where the enemy is his emotions. If a trader cannot get rid of emotional control, he is susceptible to both positive and negative emotions, leading to wrong decisions and losses. In my opinion, a successful trader is one who acts on principles instead of emotions.
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Re: Never Trade On Emotions
« Reply #4 on: July 27, 2021, 09:32:59 PM »
Trader is a profession where the enemy is his emotions. If a trader cannot get rid of emotional control, he is susceptible to both positive and negative emotions, leading to wrong decisions and losses. In my opinion, a successful trader is one who acts on principles instead of emotions.

You're right, we should manage the emotions when doing trade. Because we will face it all the time.
Keep calm and focus to learn the chart and chance.
I think Its not easy to be trader.

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Re: Never Trade On Emotions
« Reply #5 on: July 27, 2021, 11:36:44 PM »
if you trade with emotion, it will loss you a lot of money. because the emotions that control you make you too hasty to make decisions. always calm
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Offline TomPluz

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Re: Never Trade On Emotions
« Reply #6 on: July 29, 2021, 11:52:40 AM »


The problem with the cryptocurrency market (but is already getting the problem with other investment vehicles especially forex and options) is that this has become so accessible now for anybody and so we have so many newbies entering the market every day and majority of them can be like us also when we started - starry-eyed yet ignorant of so many things even the basic ones. We are ruled by emotions and can easily be swayed by things happening in the market...we should always set our eyes long-term though admittedly this is not going to be that easy.

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Re: Never Trade On Emotions
« Reply #6 on: July 29, 2021, 11:52:40 AM »


Offline Master107

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Re: Never Trade On Emotions
« Reply #7 on: July 29, 2021, 12:40:42 PM »
First thing first: Understand where you are. Invest only what you can willingly lose.

Trading is not emotional statement rather intellectual level to pursue the correct pattern. Dyor(Do Your Own Research) is always recommendable. We could be REKT or Profit. Trade/invest with caution.

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Re: Never Trade On Emotions
« Reply #8 on: July 29, 2021, 01:25:48 PM »
 The strangers investor who trades  is typically putting hard-earned cash in investments for the sake of receiving a return. Still, they see their investments lose value due to market developments at times. We must refrain from emotions.

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Re: Never Trade On Emotions
« Reply #9 on: July 29, 2021, 03:13:08 PM »
The strangers investor who trades  is typically putting hard-earned cash in investments for the sake of receiving a return. Still, they see their investments lose value due to market developments at times. We must refrain from emotions.

Emotions in trading are something that should be avoided. In moments of emotional unrest, we can not calmly watch the development of the situation and often make wrong decisions that lead us to lose profit.

Offline xeroz

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Re: Never Trade On Emotions
« Reply #10 on: July 29, 2021, 11:29:20 PM »
Trading on emotions will lead you to get a worse decision, panic situations, and also hurried condition.
If you are trading influenced by your emotion, you will feel also fear and panic so easily. It is bad enough moreover this chance is quite small if you are not patient in trading.
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Re: Never Trade On Emotions
« Reply #11 on: July 30, 2021, 03:25:18 PM »

Emotions in trading are something that should be avoided. In moments of emotional unrest, we can not calmly watch the development of the situation and often make wrong decisions that lead us to lose profit.

Emotional trader is absolutely noob. Along the way he/she will learn the fundamental principle that emotional trading base couldn't analyze the condition but could impulsively override the TA.

It is not emotional rather intellectual level of TA. Emotion is dangerous basis in trading.

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Re: Never Trade On Emotions
« Reply #12 on: July 31, 2021, 05:30:10 PM »
in fact, trading is not suitable for people who act on impulse, who let themselves be carried away by emotions can lead to big losses, we have to be cold and calculating to operate at best in trading but we don't always succeed

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Re: Never Trade On Emotions
« Reply #13 on: July 31, 2021, 06:44:45 PM »
Emotion does not have mind to think for us, to decide for us. It is inappropriate to base our decision because mostly we will be in danger. Mind is the correct basis to define the possible things to happen like down or up trend.
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Re: Never Trade On Emotions
« Reply #14 on: July 31, 2021, 10:47:32 PM »
Of course, if you cannot control the emotion well, it is better not to trade. Trading with emotion will be a disaster, it will lead to a wrong decision during trading. I cannot imagine if someone trade while emotional, he can sell all his coins panicking when there is a big decline. This situation should be avoided by everyone.

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    ENTER BUTTON
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main project is buying and selling luxury goods
   
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    PAYBUTTON
From increasing assets through
Defi to Payment, You can do it
with one PAYBUTTON App
   
NFT DEFI

Simple & Safe Defi is Possible
through the Website & App
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