How emotions are controlled in trading

[Zeyazan 204]

That's a very important question. Thank You. I think, in my experience, for a year and a half.Experience and trade yourselfIt's one of the best ways to get rid of fear.And it's okay to start with a real balance.But don't go in too much.

[khan22 3478]

On 11/5/2019 at 4:40 PM, Zzoro6110 said:

I control my emotions by ignoring them and not doing so by distracting my attention on something else and this makes me forget for a long time to repeat the process whenever necessary

When we are in loss than we need to control our emotions becasue this will give us just loss if we are going to be emotional at the trading time and we can not analyse the market easily becasue in emotions e just see the los not to make profit.

[Zeyazan 204]

You can choose the right way for you.For me, I had to do training and training.And try.And that led to a scare and a habit of it.You can try this or another way.You're free to do that.

[Sapdrx 469]

On 11/5/2019 at 8:14 AM, kobi said:

It's now a well known fact that attaching emotions to making trading decisions could be disastrous, so arose the need to know how to effectively exclude emotions in trading. drop any tip you have below on how to control your emotions in trading.

With some exchanges it's possible to follow succesfull traders in their trades. By doing so you don't need to bother about your trading decisions. The only thing you need to do is find a trader with the investment profile that suits your own.

[Luciferludz 1442]

If you have emotional in trading, its better to close all your orders if you have opened orders, and it will be better to leave the site and play games or whatever

[MysteriousIdentity 150]

On 11/5/2019 at 3:14 PM, kobi said:

It's now a well known fact that attaching emotions to making trading decisions could be disastrous, so arose the need to know how to effectively exclude emotions in trading. drop any tip you have below on how to control your emotions in trading.

If you can control your emotions while you are trading there is a big chance that you avoid any mistakes but if emotions will take over you then you are right it will be a disaster as you will not know anymore what is right or wrong especially if you are angry. 

 

It's a matter of control only so it will not be difficult for anyone to do it. You just need to make sure that you will not trade when you are angry, down, nervous and etc. that will affect your decision in trading. 

Edited February 6, 2020 by MysteriousIdentity

[ram007 391]

emotions are hard to control even we are aware that it can ruin our trading goal. but as much as possible try to always think what your goal are,and take a break first. 

[Jhadhasan 872]

In the beginning, inevitably, you will find your emotions before your thoughts, so do not start your journey in trading with large sums until you get used to the pressures of the market.

[Cryptominded 704]

On 2/6/2020 at 9:10 AM, Muhammad Muqadas said:

The emotion can not be controlled in the trading because of this when you win no one ☝️ can control you happiness and when you loss and no one ☝️ will gave you happiness 

Of course emotions can always be controlled but you cannot eliminate them because they're part and parcel of what makes us humans. One of the ways to control emotions is to always have a trading plan and always keep to it. 

[steve197 522]

The best thing to do to not letting your emotions control you while trading

is trying to train yourself on that

don't panic and trust yourself and your strategy is the key to control your emotions while trading 

[khaler 1549]

In this field, your emotions should not be controlled by options. This field is a field of statistics. The odds are that emotions do not exist in options. This is my personal opinion.

[Nakamoto 279]

6 hours ago, Jackmil said:

Emotions are very influential when we are trading. You must slowly control your emotions and don't be too greedy. Do trading when in a good mood.

Lol, Do you trade only when you are in a good mood? This means you are not a trader. The mood is emotion and this is a sign that you cannot control your emotions. Forget about trading if you can't control your mood.

 

Do you understand?

 

Trading is a job and you can be fired at any job if you work when you are in a good mood.

 

[nicolas1234789 2566]

On 11/5/2019 at 2:14 PM, kobi said:

any tip you have below on how to control your emotions in trading.

Follow your strategy by never change stop loss and take profit before price touch it, for me that's how to control my emotion. Disciplines is the right answer to solve psychology problem In theory is easy but challenge is in the field, patient and disciplines is key of success.

[Fadimah 191]

Thank you everyone who contributed positively on this post. Thanks for all the advice also. This is why I love cryptotalk. You get to learn something new everyday.

[mani982 286]

when we start trading emotionally and if we attach our emotionally with any crypto coin and always we think positive about that coin then we bear huge loss.Before trading in crypto always do some technical analysis and after that start trade.

[SuperCrypto 7193]

Emotions have a very strong impact on your trades, so you should know that the secret of your success in this cryptocurrency trading market is the complete dimension of giving priority to emotions in your decisions.

[Shaza Ahmad 1682]

I think that setting a clear plan and goal helps to avoid emotions in trade, and we can also do this by training in the long term and following the market, at first everyone moves the market according to his emotion, but with time he learns to move in the market with his mind only.

[Sasaki 171]

That's true, don't let your emotions overtake you when you do trading, well before you trade you must have knowledge in crypto especially a lot of patient is needed for that. 

[Razan alikac 1899]

With frequent trades and mental maturity during this trade, it will automatically relieve emotion, control and train the self, and teach it to control emotions.

[Hendy1 370]

There are several emotions in the crypto trade, which are positive emotions and negative emotions. Positive emotions when we are confident in trading and dare to make decisions under any conditions so that they benefit. Negative emotions are too overtrading in trades that occur in constant losses. Stay relaxed and relaxed when trading and don't carry negative emotions in your trade.

[MuhammadSh 3067]

you are really right! psychology and the behavior of people is really affect on trading especially when the whales control the price and make it pump or dump in few hours

[AmjadBydn 0]

I think that trading depends too much on the psychological and emotions  side of the trader !! This can be gained through experience!

[dinabolt 514]

Leave the market after replace your fund is the answer, don't stay watch it. Market movement can change trader mindset, finally they doing something worst and get lost. Set all your safety tools, check again your strategy and execute. You only need to leave it before your mindset change, better not see than see.

 

[Xsimple 441]

Yes, I agree with that because I was experience that when trading and if you do not have plan before you trade then you will not be able to fight with your emotion.

[iloveyobit 6599]

1 hour ago, karolina35 said:

Yes i agree if you want trade in market you must be emotionless and fearless. Trading market is basically for tge people who have no any kind of emotions .if you are emotionless may be you can work easily in trade market

Absolutely, there is no place for feelings in the crypto market, only a few can implement this, but with a little experience and learning we can all apply it.