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Author Topic: Never Trade On Emotions  (Read 20932 times)

Offline mike_edrick

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Re: Never Trade On Emotions
« Reply #30 on: September 30, 2021, 10:53:12 PM »
Basically "Trading depends on brain activities without hormons"; so you don't need emotions for math., market analysing, observation perspective.... On the other side, the market deviations are directly connected trader emotions!!! People invests on thousands of shitty projects by the effects of fake motivations. That's why you have to invest on invest! Read, search and compare...

Yo're theorically right, but you know, yo'begin to make some profits +%10 maybe more; and suddenly it turns down -%30,
& believe ne, are extremely voluminous projects.
Well I can't control my hormons, my brain, my cells,...  >:(

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Re: Never Trade On Emotions
« Reply #30 on: September 30, 2021, 10:53:12 PM »

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Re: Never Trade On Emotions
« Reply #31 on: October 04, 2021, 01:18:53 AM »
Its hard to stay calm when losing actually. As a long time gambler. When i first starting to invest on crypto i was feeling like sh-t. I had some Polinate and i dumped so hard. But one of my friend always keep telling me to stay calm and trust the project. Now im almost 2x. I like the system but its a bit slow.
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Re: Never Trade On Emotions
« Reply #32 on: October 07, 2021, 11:52:51 PM »
Controlling emotion is a crucial thing in crypto trading, it can be one of the big factors to make you fail or succeed. If you cannot control your emotion, you can lose your money quickly or only in a short time. We all know that crypto prices are very volatile and unpredictable, they can drop massively. If you cannot control your emotion, you can sell all your coins at cheap prices or at dump time. But if you can control emotion, you can ensure yourself to continue holding and wait for the next pump.

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Re: Never Trade On Emotions
« Reply #33 on: October 08, 2021, 02:45:40 AM »
Its hard to stay calm when losing actually. As a long time gambler. When i first starting to invest on crypto i was feeling like sh-t. I had some Polinate and i dumped so hard. But one of my friend always keep telling me to stay calm and trust the project. Now im almost 2x. I like the system but its a bit slow.
to be able to accept what we have done but anticipate wrongly, of course, each person will react differently. The longer we are involved in every trade in crypto, the more we will be able to control ourselves so that we are not always carried away with emotions, because we might mis-anticipate the problems that occur and will fall further into losses.

If we anticipate wrongly executing what we get, it is clear from the bounty that the most mistakes will be made. because they feel they get it for free and want to get it as soon as possible so they don't lose too much. of course it's different if we get it from trading, of course we have done the analysis before and are not always in a hurry to execute it, will wait until the price is right or higher than when buying.

what happens to you by not following what your friends say is a lesson so that in the future always to analyze well and don't need to be in a hurry because you will be able to make mistakes and eventually the emotions that develop add to the results that are out of control.
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Re: Never Trade On Emotions
« Reply #34 on: October 09, 2021, 09:27:09 AM »
Often, an inexperienced trader who has just come to the cryptocurrency world has fear. Namely, buy cryptocurrency, fearing that the rate will go lower. Haste is the main reason for a trader's inexperience. No need to rush!

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Re: Never Trade On Emotions
« Reply #35 on: October 09, 2021, 09:14:40 PM »
Trading is not a game of emotions but trading is a game of well calculation. If you trade on emotions, you are more likely to lose money. So try to acquire some knowledge about trading and be practical. Don't loose your hard earned money.
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Re: Never Trade On Emotions
« Reply #36 on: October 10, 2021, 11:48:49 AM »
trading will not be good if done with emotion because when you are stuck at high prices it will make you depressed, and make sure you have to be able to share your capital to trade because when you can't manage the capital you use it will be difficult to buy coins that can give you a profit .

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Re: Never Trade On Emotions
« Reply #36 on: October 10, 2021, 11:48:49 AM »


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Re: Never Trade On Emotions
« Reply #37 on: October 12, 2021, 04:36:59 AM »
To avoid trading on emotions, you need a trading algorithm written on paper, which will indicate all your actions. It must be written there what you will do if the price does not go your way. After a certain number of transactions, you will be able to analyze what you are getting and what is not. There may be systematic errors.

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Re: Never Trade On Emotions
« Reply #38 on: October 12, 2021, 07:34:23 AM »
No coin has suffered a major setback since you bought it. In other words, the price has come down a lot. So we should wait a long time without worrying about this issue. The price of that coin will go up anytime next. So one should refrain from selling any coins in a hurry or keeping pace with emotions. For example, the price of coins fluctuated a lot during most of this year. Those who hold most of the currencies at the time of price rise should wait a long time.

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Re: Never Trade On Emotions
« Reply #39 on: October 12, 2021, 04:40:20 PM »
Trading with emotions often makes us lose, because we act in the trade with anger and anger. And it makes us wrong in making decisions, Emotions in trading are very detrimental. Patience is very important, especially when the price of the coins we hold is down, because at times like this we are very prone to making wrong decisions.

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Re: Never Trade On Emotions
« Reply #40 on: October 13, 2021, 05:29:38 AM »
Currency market is not a place for emotions, you can't do what you want based on emotions, especially when it comes to trading.One hundred percent may not bear good fruit for you. So you should get rid of all kinds of emotions before trading.

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Re: Never Trade On Emotions
« Reply #41 on: October 13, 2021, 08:50:05 AM »
The cryptocurrency market is not made up of emotions. The game of intelligence and patience is always going on here. So when it comes to trading here with life, not emotion, there is a possibility of loss. So how the cryptocurrency market will move is not related to emotions. So to trade here requires research and intelligence. So an investor has to increase his patience first and invest here.

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Re: Never Trade On Emotions
« Reply #42 on: October 13, 2021, 01:42:54 PM »
trading will not be good if done with emotion because when you are stuck at high prices it will make you depressed, and make sure you have to be able to share your capital to trade because when you can't manage the capital you use it will be difficult to buy coins that can give you a profit .

In general, it is best to leave emotions in the cryptocurrency market and be guided by firmly proven solutions. If you use this approach, then trading on the market will remain successful for you throughout the journey. I am sure that many who have left their worries outside the market have really achieved good results.

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Re: Never Trade On Emotions
« Reply #43 on: October 13, 2021, 08:31:49 PM »
Investing and trading requires peace of mind and analytics. I believe that any person cannot be a trader, because you need not only have good knowledge and be able to conduct technical analysis. In addition, the trader must have strong nerves and not succumb to panic.

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Re: Never Trade On Emotions
« Reply #44 on: October 14, 2021, 05:48:30 AM »
for new traders sometimes still can't control their emotions when trading because usually they are influenced by the conditions of the exchange, and sometimes when it's like that they will get trapped and possibly lose money, trading must be analyzed first the coin you want to buy and make sure it has good product development so that it has a clear future.

 

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