Trading psychology

[Arslan Ch 2163]

In order to be successful in trading you need to have a good presence of mind and awareness about market so that you can make quick analysis and take instant decisions at the right time and also You should have patience in you so that you can control your emotions in case of any losses as Sometimes you have to bear the loss also in trading.

[Maya20 1048]

Fear is a natural thing for anyone who trades, it is necessary to gain good experience in trading, before starting in this field, to avoid the least possible losses.

[Flash009 345]

In trading it is important to know how to deal with your own emotions, because emotions can really influence all your decision making in crypto trading. So don’t trade if you’re not ready. 

[Qaisar kh 128]

There are many online trading companies in the world. But there is a great chance of losing money. Trading psychology will be a secure option for trading your things. 

[Red-Jones 1150]

35 minutes ago, jack10 said:

The psychology of a trader is most important when they deal with any of the coins. The psychological factor in the field of trading is very important.Many people are being affected psychological when trading and heard a bad news on the pair that they trade. 

 

what happens and the following:

 

Person X buys for the price of $ 29000 and days later the price drops to $ 26000 and person X goes into a panic and sells and hours later the price recovers and reaches more than $ 29000

this most of the time has to do with the fact that the person does not know how to trade

[Ezabell 457]

Psychology is the most important thing when we decide to make some cryptocurrency tradings. Some traders lose the huge amounts due to panic sell. Phsychology affects many traders and that why large percent of traders are losing their money than the number of those who are wining

[Raqeebzy 6456]

On 4/27/2020 at 2:29 PM, ayatoslaw said:

Psychology is not difficult to control as long as the trader uses his own analysis, not with someone else's analysis (trading signals), but unfortunately what is happening now is that most traders now prefer to use other people's analysis, that's why most traders now easily panic and worry when they see market movements that are not according to predictions.

More like just the basics in my opinion. Adequate know how on cryptocurrency and how trading and analyses are done is the prerequisite to any successful trading process but you will believe there is definitely more to that.

Psychology more about minds and human behaviour which doesn't care much about your level of know how. How much traders can control emotions and feelings in making crucial market decisions is important too.

[Smallingcane012 344]

Trade pschycilogy is good because if you know all the way of secure your trade you find things easy to trade.

Trade pschycilogy is good because if you know all the way of secure your trade you find things easy to trade.

[Lokeloke 576]

On 12/16/2019 at 1:41 PM, ItsMauls said:

When traders get bad news about a certain stock or the general market, it's not uncommon to get scared. They may overreact and feel compelled to liquidate their holdingsand go to cash or to refrain from taking any risks. If they do that, they may avoid certain losses, but they also may miss out on gains

It must have been normal feelings to traders anytime such happens, they know they'll surely benefits from the market if it rise to the normal level or even higher so they should also expect the worse. Traders are one of the best people that adapt quickly to the situation of things

[Shemalia 383]

On 2/20/2020 at 7:31 AM, Salman gujjar said:

Every person has different thoughts for trading. My personal opinion every person don, t trade but some people trade upon highly risky way. Its important in trading, mostly people don, t take risk in trading but it, s important

Trading psychology is a problem many people encounter, most new people will encounter this. When experienced and traded many times, this will be no more. It's difficult to control my emotions and advice is confident and don't worry

[tobom 133]

You are absolutely right. If we are dealing with trade, we must prepare our psychology for every transaction we do. Otherwise, we will both be very upset and we may make wrong decisions and lose money. Thank you very much for you to open this subject.

[Rozy 1918]

Emotions are the the traders worst enemy, all crypto traders should be in control of their emotions, because the market needs professional thinking based on experience and knowledge, not on fear or greed. the minute you sell out of fear then you lost your trade and when you buy derived by greed and not any professional analysis then you are not a successful trader. 

[teebasas 3018]

Since psychology is important for all our decisions, it is better to make them when we are calm and can think correctly. If we find ourselves under stress or other states that are not stable, it is better not to take decisions at all.

[Alan Johns 258]

A trader must be psychological strong and patient to deal with any kind of situations and shouldn't panic in situations of Market dump or pumps and avoid panic buy and panic sell. If a trader is impatient and don't have decision making power they couldn't be successful in trading.

[abohasnn9 2401]

Yes, my friend, the matter needs to be well studied with regard to the psychological aspect, of course, and the most important thing is dear that in order to enter with a sound mind and a sound analysis of currencies in general, we need something clear, which is psychological comfort.  Feeling of confusion and fear in general while working with cryptocurrencies, especially in the field of currency trading or investing. Thank you very much

[The Game 2059]

On 12/21/2019 at 4:38 PM, bentayebsalah said:

If the trader has a strong personality, he will surely succeed in making a good decision, but if he is not and was affected by fear or excessive anxiety, he will fall into a bad position and lose

A very good response you made here because those who think positively during trading and have that strong believe that is going to work out for them always end up with something profitable unlike those who thought it. 

[Jenny Lavelle 526]

I agree with you that the loss is a sad matter and discourages any investor, if it is a heavy loss, and the fear of loss is fatal and psychologically harmful, but if the investor acts with discipline and restrains his feelings, no matter what they are, he will be able to control himself and think completely with his mind and stand again and return strongly again and again every time he loses. 

[Taj93 295]

It is natural for traders to feel intimidated when trading. Nevertheless, it is important for the trader to be able to push this fear aside for those who want to succeed. Practice trading, taking notes, looking for new strategies and making mistakes.