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Author Topic: Never Trade On Emotions  (Read 18909 times)

Offline oyitoto

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Re: Never Trade On Emotions
« Reply #165 on: August 07, 2022, 10:23:24 AM »
When you want to trade, you really have to think clearly and of course you have to have a cool head because when you trade with an unsettled soul and emotions, you will only get losses and of course it can make you regret it because it is affected by the conditions of the exchange that is not good and can change instantly when there is bad news.

You're right, we shouldn't do trade in emotions.
Because trade need more focus, as you said we must think clearly and have knowledge in trading.
It's not easy.

Tentatively one has to be almost 100% conscious of what they are doing, this is because you're trading against the market forces, forces with powers far beyond your little emotions. I was saying a similar thing to someone in a different thread earlier today.
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Re: Never Trade On Emotions
« Reply #165 on: August 07, 2022, 10:23:24 AM »

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Offline Asgamot

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Re: Never Trade On Emotions
« Reply #166 on: November 21, 2022, 08:34:59 AM »
Don't trade on emotions! Stick to your game plan and you'll be a winner.

Offline Osama Sultan

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Re: Never Trade On Emotions
« Reply #167 on: November 23, 2022, 06:48:54 PM »
Whenever you have to invest, invest a small portion of your portfolio.
Its a very useful technique called DCA ( Dollar cost averaging ) In which you start with small amount of investment and after some lose take another small trade for averaging and so on and at end you are seeing that your buying price is lower then the market means you are in profit .

Offline pieppiep

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Re: Never Trade On Emotions
« Reply #168 on: December 07, 2022, 09:21:35 AM »
Don't trade on emotions! Stick to your game plan and you'll be a winner.
As a new trader like you I think it will be difficult to trade without emotion, because sometimes when you take the wrong position and a loss occurs you will definitely be angry and feel depressed, only traders who have an unlimited amount of money will trade calmly.

Offline Tolyk

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Re: Never Trade On Emotions
« Reply #169 on: February 01, 2023, 01:45:28 PM »
At first it will be difficult for beginners to trade without irony, the market itself will force you to trade emotionally.

 

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