You just have to know what your emotional limit. - Page 12 - Crypto World - CryptoTalk.Org Jump to content
alexisfuentes

You just have to know what your emotional limit.

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In my opinion, a trader should be less emotional in his trading and business thet he is doing. Emotions make us very weak. We should set  lits to our emotions. You are right when you said limit.

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I think the emotional limit for crypto must be high for trading. If someone gets emotional earlier then he is most likely to give up earlier. Some people also develop high limit after entering crypto.

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Yes I agree with your post but frankly I do control my emotions when things are going the other way and I have not even for once think of retiring rather I just accept patience and take a break for 24 hours, after am fully ready then i continue again.

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The crypto market is volatile and trader and investors need to control their emotion while making transactions. Is better to use self confidence in making transactions than using our emotion. 

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On 12/20/2019 at 11:36 AM, alexisfuentes said:

The trader is full of emotions, the predictions bring us many disappointments, the pump-dump, are a substantial part in the handling of emotions too, in general volatility is something that should be taken advantage of do not let yourself be put in a state that affect emotionally.

 

The premise is to know how far you can support all this information and put it to good use. You should to Know  what is your limit emotional,

 

So, you can think about temporarily retiring  or continued with very strongly.

 

what do you Think?

 

 

The best solution to emotions if someone cannot control them in my opinion is to set a goal, placing a sell order with your stop loss and thus lose the high chances of losing everything and leaving fear.

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In trading,  emotion is the main obstacle.  Who control is,  he can control his business properly. But who doesn’t control it,  he fall in problem. so, in trading, we should free from emotions and that kinds of obstacles that can be harmful for us.  

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For my taste, this is the most difficult thing in this world of cryptocurrencies, the echo of emotions, only those who are able to control them both when you make profits and when you are losing and have the patience to withdraw or wait in the long term to recover without doubts this is the most difficult and once you have mastered this, we have almost complete our self-control.

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We should act as professional in this and I definitely agree that we should I limit our emotion interns of trading. In every fail in this we should take it a lesson and we should always trade the amount of money we afford to lose.

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Yeah we need to be careful with our emotions cause it can lead to panic and cause us to make bad decisions on the market, we should know our emotional limits to know when to leave or stay on the market

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On 12/20/2019 at 11:36 AM, alexisfuentes said:

The trader is full of emotions, the predictions bring us many disappointments, the pump-dump, are a substantial part in the handling of emotions too, in general volatility is something that should be taken advantage of do not let yourself be put in a state that affect emotionally.

 

The premise is to know how far you can support all this information and put it to good use. You should to Know  what is your limit emotional,

 

So, you can think about temporarily retiring  or continued with very strongly.

 

what do you Think?

 

 

I totally agree, sometimes we must remain calm because we think that being a lost order can make us despair so staying calm is the most important thing when starting to trade.

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By emotional limit you mean if someone loses or wins too much money to be in a state of calm that don't affect his life. Although you can mean anything as I haven't heard of this term before. Probably has to do with losing money from your investment decisions. What I think should be done is to have better plan when investing.

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Exactly what you say about controlling emotions and knowing your limits is an important matter in the crypto field,
Control of emotions is very important, especially negative feelings that may cause losses or lead a person to follow the attempt to take revenge on the market to make up for what he lost.
And every person has to know the limits of his feelings and himself to know whether crypto is a job he can continue doing or not.

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If you do not control your emotions you will be destroyed by them.You must control them so that you can make good profit and be a professional trader.

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Yeah, often my emotions affect me because I always feel afraid of losing money so I choose the wrong option to buy and sell without thinking well. So we must give up our emotions and think with our mind well and always plan to earn money in the best way.

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Emotions are one of the things that most negatively affect traders because many traders do not trust their analysis and the strategies they follow, and they make many mistakes because of their fear, so we must move away from our emotions and be confident of our decisions.

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Everyone has emotional boundaries, if you want to start trading we have to control your emotions so that trading mistakes don't occur. The market is full of volatility, if we are not able to handle it then trading can be risky. Pumps and dumps keep happening so we have to be careful with emotions.

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This where many traders got disappointed, when ever you are online for trading you need to control you emotions on expecting high increase in coin because it can fall and raise anytime when you expectation become high and the price fall drastically you become disappointed and can cause something bad to you for this you need to control your emotions 

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You have to be sensitive when you work. You really have to invest in the car for business. You must make your inner feelings clear to invest. You have to have experience and feelings. To do good trading, you must earn value and start trading.

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the emotional aspect is perhaps very important in such a case.  and in any case, in principle, too.  if you are emotionally unstable, then it is better not to go into a topic related to money, otherwise you can lose everything, or work on it.

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On 12/20/2019 at 4:36 PM, alexisfuentes said:

The trader is full of emotions, the predictions bring us many disappointments, the pump-dump, are a substantial part in the handling of emotions too, in general volatility is something that should be taken advantage of do not let yourself be put in a state that affect emotionally.

 

The premise is to know how far you can support all this information and put it to good use. You should to Know  what is your limit emotional,

 

So, you can think about temporarily retiring  or continued with very strongly.

 

what do you Think?

 

 

I agree with you friend just like other life endeavors, trading could get really emotional and due to the involvement of earning such emotions can be heightened. Losing is never fun, but never giving up is the best way forward.

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This is indeed a real topic that is useful for every crypto traders. Our emotions is very important whenever we want to trade and we must be able to control it whenever we want to trade. The pump up in the rise of any coin should be taken advantage on by our emotions to quickly trade on it to earn profit though we shouldn't let the emotion push us not to to do a true analysis before trading on that coin.

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Good day mate. You are absolutely right. It is important for all traders to know there emotional limit. This will help you to know how to handle situations in cases of lost or confusions. Knowing this things will make you to become more composed and strategic

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Yes it is important for us to know what our emotional limits are because it is very necessary so without us knowing out emotional limits then we don't know what we are doing in the trading 

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I have always considered that those who operate with cryptocurrencies, whether in spot markets in long terms or with the futures market, must have an immutable temper, that is, the limits to withstand stress and the loss of funds must be a problem for them. For example, when I don't feel comfortable, I take breaks.

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I also agree with you because doesn't matter how experienced you are and know hoe to control your emotions you won't be able to stop yourself by being happy when you see a huge profits or from being afraid when you are in loss 

here is the time you try to limit your emotions from affecting your brain and decisions and depends on your experience in the field you will be able to make the better choice for yourself

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