HOW TO IMPROVE PSYCHOLOGY IN TRADING

[doc]

a very good topic for all members and for beginner traders, because we have to have a lot of knowledge in trading, this is capital for trading, not only money capital but knowledge capital or information in trading is also important because if we don't have knowledge, then you will failed in all of this. I think knowledge and experience are number 1 compared to capital.

Trading  needs experience, skill and knowledge, So we  have to find all information in all forum and learn every time. Psychology in trading is important. How to manage fear and greed.It needs a long time to be a professional trader. Time will tell how about us in trading.

[EthereumDev_]

Trading  needs experience, skill and knowledge, So we  have to find all information in all forum and learn every time. Psychology in trading is important. How to manage fear and greed.It needs a long time to be a professional trader. Time will tell how about us in trading.

I think trading does not only rely on experience but also relies on intelligence about analyzing cryptocurrency price movements because if you are not good at analyzing, sometimes the steps you choose will be inappropriate and make it difficult for you to make a profit. Of course, from learning to analyze cryptocurrency price movements you will gain experience in itself.

[$crypto$]

Trading  needs experience, skill and knowledge, So we  have to find all information in all forum and learn every time. Psychology in trading is important. How to manage fear and greed.It needs a long time to be a professional trader. Time will tell how about us in trading.

I think trading does not only rely on experience but also relies on intelligence about analyzing cryptocurrency price movements because if you are not good at analyzing, sometimes the steps you choose will be inappropriate and make it difficult for you to make a profit. Of course, from learning to analyze cryptocurrency price movements you will gain experience in itself.

Everything is summarized in knowledge, we cannot rely on just one factor, because in trading something related to it we must be able to master in order to make the trade we do even better. Experience and knowledge will play an important role in improving our psychology in trading that is done.

Everything must have a good balance so that they can complement each other. Here maybe we can get knowledge from reading books related to this, watching videos and so on. But in practice it will be different, because there is emotional pressure that we will use there.

[Aanuoluwatofunmi]

Being psychology has to do with our emotions, when we are able to control what we see from the reality in what is at stake, we will also be able to discern on what is good for us than going for what may only entice our eyes, we also have to source for an improved ways of understanding more about crypto networks and how they functions, work or operates before we go into them in full, trading has profits and in the same way has its own risk along the way.

[milewilda]

a very good topic for all members and for beginner traders, because we have to have a lot of knowledge in trading, this is capital for trading, not only money capital but knowledge capital or information in trading is also important because if we don't have knowledge, then you will failed in all of this. I think knowledge and experience are number 1 compared to capital.

Trading  needs experience, skill and knowledge, So we  have to find all information in all forum and learn every time. Psychology in trading is important. How to manage fear and greed.It needs a long time to be a professional trader. Time will tell how about us in trading.

And those other learnings and ideas could really be acquired by real experience on which you would really be needing to experience the market itself for you to be able to learn up things.
You wont really be making  yourself better if you are really just reading up textbooks and others trades without having that actual experience on the market because it doesnt really work on that way. Psychology + Emotion would really be the main factors that would really be affecting you along the way. If you arent that good on having these kind of problems of self control
then you would really be ending up on having those lots of mistakes and errors but well these are simply learning curves or stones to make yourself better.

[IvugeoEvolutionCoin]

Being psychology has to do with our emotions, when we are able to control what we see from the reality in what is at stake, we will also be able to discern on what is good for us than going for what may only entice our eyes, we also have to source for an improved ways of understanding more about crypto networks and how they functions, work or operates before we go into them in full, trading has profits and in the same way has its own risk along the way.

With what you mentioned, I understand better that you want to suggest to all traders to learn all the available networks and become part of a professional trader, but as you mentioned, trading in cryptocurrency has quite high risks when carrying out wrong transactions using certain networks, which has the potential to cause assets to be lost instantly.

[doc]

Trading  needs experience, skill and knowledge, So we  have to find all information in all forum and learn every time. Psychology in trading is important. How to manage fear and greed.It needs a long time to be a professional trader. Time will tell how about us in trading.

I think trading does not only rely on experience but also relies on intelligence about analyzing cryptocurrency price movements because if you are not good at analyzing, sometimes the steps you choose will be inappropriate and make it difficult for you to make a profit. Of course, from learning to analyze cryptocurrency price movements you will gain experience in itself.

Experience only occurs because of our habit of analyzing price movements of the coins we use. Apart from analytical skills, knowledge, we must have good emotional management. That's what I read advice from several senior members here.

[kulkhan]

Trading  needs experience, skill and knowledge, So we  have to find all information in all forum and learn every time. Psychology in trading is important. How to manage fear and greed.It needs a long time to be a professional trader. Time will tell how about us in trading.

I think trading does not only rely on experience but also relies on intelligence about analyzing cryptocurrency price movements because if you are not good at analyzing, sometimes the steps you choose will be inappropriate and make it difficult for you to make a profit. Of course, from learning to analyze cryptocurrency price movements you will gain experience in itself.

Yes Training dose not depend on exprience only. Also need intelligence about analyzing market and need knowledge about market. To improve psychology firstly need proper knowledge about trading and related market. When anyone can gather knowledge about trading and about market then psychology act properly otherwise without proper knowledge psychology can't work properly. Analysis also very important for trading. And we also need avoid emotion in trading if we want to improve physiology in trading.

[therozaq]

Yes Training dose not depend on exprience only. Also need intelligence about analyzing market and need knowledge about market. To improve psychology firstly need proper knowledge about trading and related market. When anyone can gather knowledge about trading and about market then psychology act properly otherwise without proper knowledge psychology can't work properly. Analysis also very important for trading. And we also need avoid emotion in trading if we want to improve physiology in trading.

I agree with your opinion we also need to avoid emotion in trading if we want to improve physiology in trading.  We should have good emotion management, Sometimes during trading we will have greedy and fear.  Greedy will make us lose a lot and fear will also have bad emotions because we don't take the risk or opportunity.  A professional trader must have knowledge, experience and good analysis.

[IvugeoEvolutionCoin]

I agree with your opinion we also need to avoid emotion in trading if we want to improve physiology in trading.  We should have good emotion management, Sometimes during trading we will have greedy and fear.  Greedy will make us lose a lot and fear will also have bad emotions because we don't take the risk or opportunity.  A professional trader must have knowledge, experience and good analysis.

Emotions can destroy everything, and you need to remember that those who are greedy can also destroy themselves. At least just follow the flow and take just enough profit opportunities, and don't force it too much because in cryptocurrency, if you can't control yourself, all bad things can happen. I think they are those who can control their emotions and know the right time to enter and exit with the profits they get.

[pinguri]

Thank you so much. i got Liquidated many times in Futures

[Gladitorcomeback]

Experience only occurs because of our habit of analyzing price movements of the coins we use. Apart from analytical skills, knowledge, we must have good emotional management. That's what I read advice from several senior members here.

Emotional control is important in trading, undoubtedly, because if you have no control over your emotions and you easily get carried away by them, you will barely be able to make the right decisions at the right time and you will most probably lose most of your trades because you won't think critically about situations but you will see situations from an emotional point of view which isn't a good psychology to have being a trader.

As a trader, you must be able to control your emotions and make your decisions based on understanding and critical thinking instead of becoming greedy, sad, worried, or emotional in any sense.

[Thyplaymaker]

Take Profits and Know When to Stop

Most people don't actually know when to stop and call a day when trading, I guess most time is due to greed of not being satisfied of what he or she as made that day or trying to recover losses really quick. The thing is that your greed emotions can lead to two ways either making more profit or ending with more losses. But most time is losses, during your trading you found out you have made some good Profits you can just give it a break first. And same goes when you making losses, stop for a while to get your head back in the game than to start making rash decisions that would end with more losses .

[DAMKAR]

Take Profits and Know When to Stop

Most people don't actually know when to stop and call a day when trading, I guess most time is due to greed of not being satisfied of what he or she as made that day or trying to recover losses really quick. The thing is that your greed emotions can lead to two ways either making more profit or ending with more losses. But most time is losses, during your trading you found out you have made some good Profits you can just give it a break first. And same goes when you making losses, stop for a while to get your head back in the game than to start making rash decisions that would end with more losses .

I think when trading greed turns into gambling, we will get big profits if the price rises according to our target. but we can also lose a lot if the price goes down. Emotional management needs experience and this is very important.

[Thyplaymaker]

Take Profits and Know When to Stop

Most people don't actually know when to stop and call a day when trading, I guess most time is due to greed of not being satisfied of what he or she as made that day or trying to recover losses really quick. The thing is that your greed emotions can lead to two ways either making more profit or ending with more losses. But most time is losses, during your trading you found out you have made some good Profits you can just give it a break first. And same goes when you making losses, stop for a while to get your head back in the game than to start making rash decisions that would end with more losses .

I think when trading greed turns into gambling, we will get big profits if the price rises according to our target. but we can also lose a lot if the price goes down. Emotional management needs experience and this is very important.

yes is very vital to have good emotions management, because we can't manage to our emotions it might just open a gate way to more losses. That why trading  not so something you can just jump in without thinking which is wrong.