Panic!! how real is it?

[koussai999 1986]

On 10/21/2019 at 3:20 PM, kobi said:

Initially, i thought it was a bad thing, but then,

after much experience gained at the cost of several huge

lost of fund,i discovered that panic in trading is actually

a friend not an enemy under the right circumstances. when

you walk against this guy, the market eventually works against you,

you start experiencing things like this : making an entry when the bulls strength

is at the climax and about to hand over to the bears; and, Ironically making an

exit at the point the bear hands over to the bull .lolz.. i have series of experiences about this,

you can share your experience so we can know who has the worst.. and the 

reason for such impulse...sometimes you just can't help your fingers

You can do trade in the field by using simple methods such as simple analysis and never complicating things in it
Because the complexity of things can distract ideas in this field, you must follow simple methods in order to be able to move forward in this field. 

[Brushless4500KV 4214]

4 hours ago, Saiful890 said:

The panic is very real, as most traders are influenced by these feelings, because of the ruthlessness that gives way to emotions and the other reason you have to influence your mind to succeed in the market

If panic causes a positive impact to keep you focused on your trading, then a little bit of fear can be helpful to organize your actions. But too much fear will always have negative effects because it reduces your ability to think clearly. Only have an acceptable amount of fear that prevents you from taking abnormally high levels of risk. Having a confident choice of coin is the best cure for your trading fear because when you are sure about your coin, you know it will not disappoint you if you monitor and direct it with proper attention and care. There is a strong relationship between self-confidence and fear. Don't start any trade unless you trust your own skills.

[Michael0606 861]

Panic is very real in the trade and not having control of fear will make us lose in the trade, however we know that we can improve and be cold when operating in the ruthless market.

[phizusiki 239]

On 1/13/2020 at 8:52 PM, fila said:

I also panic and get an adrenaline rush during trading, i think this is just a natural reaction that most have when dealing with things like this. After all this is our money we are dealing with and we have earned it some way or another, none of us like giving things away with a loss. However it is also this rush which keeps people coming back to trading. I do try to not deal with too high sum of money as that is simply playing with fire but also you need to take some risk sometime. As the saying goes, no risk no fun, and the same is true for crypto traders 🙂 

past panic was a frozen exchange when I needed to cancel a position and watch a currency plummet, knowing that it was too low to accept losses. You need to dare to take risks at times to survive alongside any individual or Who uses fear of survival

[Rendra808 92]

No panic within the general transactions specifically digital cash, all most traders are panicking in buying and selling transactions with none expertise of what they may be trading as playing or tough to see expenses fall, they make us called panic promoting.

[Magnom 0]

You, who choose if your panic your friend or your enemy in my opinion! And you are right, i find it my friend sometimes and it saved me from loosing my money more than one time.. So controlling our emotions during trading is really important i guess.

[Jeet Narayan 1940]

It depends, for beginners panic is very big enemy because it makes him loss and for good traders panic is like friend because they everyday fight with panic situation and they know how to deal with panic.

[Dmasked 1840]

Under the right circumstances, panic in the market is not always bad. Panic among traders brings unexpected opportunities sometimes. When the market goes on panic mode and the panic selling causes the price to fall, its a good time for buying and when the market panics to buy and sends the price rocketing, its a good time to sell.