You just have to know what your emotional limit. - Page 10 - Crypto World - CryptoTalk.Org Jump to content
alexisfuentes

You just have to know what your emotional limit.

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Very useful topic!  because, in my opinion, while trading and being in the crypto industry, you need to have a high concentration, and also be colder, that is, restrained!  and then, there will be a great chance to get a good profit, and not lose money

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when you trade you can't let emotions control you because if you are a real trader then you know that market is never stable , you may earn a lot today and you may also lose a lot the next day , we just need to be smart and analyse the market situation , the demand and supply to make the higher profits possible 

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Yes brother's trader actually retains with him. If a businessman gets a lot of profits through trading, its emotions are higher. Which makes him interested in trade so much and it is because of the reason to lose his huge in the crypto trading. So there is a merge of the trait of the traders. There are more traders in the merge. Think of the work of making his work, so that it seems that there will be a lot of mistakes in the work. So do not have emotionally to do if you have to be emotionally. If you do not have emotionally.

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Эмоции присутствуют у всех. А вот контролировать их умеют не все. А в трейдинге эмоциональная торговля- слив депозита. И .даже торгуя на дэмосчёте не те эмоции что на реальном счету.

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On 12/20/2019 at 9:36 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?

 

 

is right the trader has to do with patience and emotions and you must learn to control both things

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The only way to acquire the emotional stability of a person is by practicing in it, if you never dare to trade with cryptocurrencies, you will never exercise your stability, and that is what many lose their prestige and reputation.

Edited by kotto19

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I agree with you.  We need to create action plans to overcome the situations that our emotions take on and then the sensitive responses.  Otherwise we can suffer a lot.  We should not be harmed under any circumstances

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You always have to be prepared for everything, we don't know exactly what will happen to a coin if it goes up or down at the time of betting, so you have to study a lot, fill in information and then go for it, taking into account that we must also be psychologically prepared for any loss to happen and it does not affect us emotionally.

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When there is continuous information and many opportunities in the crypto market,
my emotions are high, but you have to calm your emotions so as not to make mistakes,
think about something else, relax for a few days.

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On 12/20/2019 at 12:36 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?

 

 

Well, emotions do not make you lose, but experience, trial and error is what teaches us, it polishes us, especially when they are risk investment issues

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that is true, we must know our emotional limit, emotions are an important role to be successful in cryptocurrencies, personally when I'm something stubborn I take a break, it is something reassuring.

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Definitely. For trading you have the control on your emotions. This is market and price ups and downs are parts of it. So if your trading is going in loss so don't be disappoint and wait for price up. 

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Emotions play an important role in being a good crypto trader, if for example we are earning a lot from a rise in btc and we decide to invest more than necessary for a simple emotion and ambition, sometimes that can take its toll. We must think with a cold head to do the best possible virtual business.

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To be a professional trader and earn a lot of money doing this, we do not have to have any feelings related to trading. Because that is the worst mistake that each and every one of us make to the other of getting into cryptocurrencies. I think they lost money, we can also learn a lot, and that fills us with anger as well as sadness. But they are mistakes that we have to make, even just once in order to learn from them. They are the most common mistakes made by all traders when starting out, but with the passage of time if we work very hard to separate the feelings of the money, we will win much more than we lose.

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Every trader must have high emotions when trading, for that every trader must know emotional boundaries so that trading can be successful and generate profits. Not all predictions are correct, because predictions can bring you profit and loss. For that it takes patience every time you trade.

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Emotional control is the most important aspect when operating in the market, it is useless to see studied and have knowledge if at the time of operating you do not have control over your actions!

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On 9/14/2020 at 12:48 AM, yato987 said:

when you trade you can't let emotions control you because if you are a real trader then you know that market is never stable , you may earn a lot today and you may also lose a lot the next day , we just need to be smart and analyse the market situation , the demand and supply to make the higher profits possible 

Have you ever heard anything about neutral trading? This is the solution for most problems that we may face during our trades. I think every trader should practice to avoid any extreme emotion. Some people cry out of happiness when they make a small profit and they get as sad as hell when they lose just a tiny portion of their capitals. This is not defined as normal behavior. If we suppose sadness is 0 and happiness is 10, a trader should always try to keep himself around the number 5 which is something in between.

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Emotions doesn't work in trading. You need to be mentally stable and strong to trade without giving yourself regret. You must understand that it's always not going to be great. There might be losses and bigger losses for others too which you must be able to manage efficiently.

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Control of emotions is very important in trading. We make mistakes because of fears or excitement and we don't take correct decisions. Pump and dumps are happening and we can watch the previous charts to make some sense but sometimes the risk is too high with cryptocurrencies. Except Bitcoin the rest can lose a lot of their price and I'm not considering them to be long term investments. Maybe Ethereum and a few more after careful research.

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My dear if I am understood correct you explain that emotions are a big factor in trading. This happens because the money are important and probably you are overinvestered. So try it with less if you are having trouble to control your emotions and leave it there without thinking about it too much. Or think that this is only money and will not be so important.

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That's what my mistake since I didn't depends my decision on the graph but rather once the price rise up then I would suddenly got panic so in the end I would sell my cryptocurrency. We should do that, we should have a concrete decision first always rely on some strategies and not on your emotions, yeah the OP is correct we should control out emotions because we might missed out the great opportunity if we always got carried by our emotion.

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If we have to know how to control our emotions since when we see a lot of profits we want to obtain more and that leads us to lose all our money so I already control my emotions so as not to lose more profits.

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