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

You just have to know what your emotional limit.

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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?

 

 

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I have a high ratio of emotions. Bit i am trying to be realistic towards trading. Sensibke trading always give rewards and emothional trading often put you in loss

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Yes, because mind is powerful in this kind of things. This is not art or just a thing that needs imagination, we need a technical mind who knows how to analyze to avoid problems.

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I don't have a big limit. Sometimes when I am full of emotions from trading and they are negative I just leave the crypto currency for 2-3 days and do the usual things. It helps.

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Yes I agree with your topic and about the trader is full of emotions, yes but we need to control this emotion for no makes errors of fails in our every day trade, because the emotion control us, so we need to control it with fixing limit.

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you need to know how to dominate and repress your emotions to be a good trader and be able to make a profit,is something that is learned slowly over time

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I use stop loss and take profit tools as my emotion limit. for manage emotion just leave the market after open position it will bring fresh air into our brain. Emotion and passion is two different thing but people assume they are same. As trader we need passion to keep going but when emotion came please stop all activity before get bankrupt.

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I totally agree with your topic. and I have to control my emotions so that I don't fail in trading and with emotion will often make my trade fail and lose.

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Emotions need to be controlled. With retirement, you need to invest half of the pension in bitcoin. I am far from retiring, but I thought about it. By then, Bitcoin will cost 100k. 

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Yes there is a lot to know about business and knowing a lot about a business, starting a business is sensible and I agree with the passion you say, passion is one of the most important things in business, we have to control it.

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You must be patient in investing in the crypto world. ups and downs are normal, it's only natural if that happens. the most important thing is that you can manage your emotions when you are faced with a difficult thing, and control yourself as well as possible.

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Whenever i think about money related facts i mostly depends upon the knowledge and analysis. I do not want to take any kind of risk. Because when you are emotional you forget the reality and you get loss. 

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Well according to emotions I can tell that I am not that strong to face every situation about the rise and fall of value in the market.I have come to a point that I also get panicked when Bitcoin price fall drastically and maybe it's just a natural emotions that really affects us because we do care on bitcoins to be productive in due time.

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17 hours ago, alexisfuentes said:

what do you Think?

For me, to better handle your emotions, only trade the part of your funds in which is only extra. What I mean is don't trade all your funds in cryptocurrencies, make this as your entertainment. Instead of going to casinos or gambling it on games that would only waste your time, make cryptocurrency investment your gamble, in which chances of getting returns is much higher than casinos and gambling.

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when trainging we have to be able to control, whether it's when getting a large profit or when a dump occurs. because it can be fatal if we just follow our emotions without logic and long-term analysis.

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21 hours ago, Interface User said:

Yes, because mind is powerful in this kind of things. This is not art or just a thing that needs imagination, we need a technical mind who knows how to analyze to avoid problems.

The art is something complex and in effect substantially complicated, so you should not underestimate other areas.

 

 

8 hours ago, Sajeeb25 said:

I don't think transgression is good for anything.  And in the crypto currency, there is a limit.  If you violate the limits then you will not understand the correct use of crypto.

 

Please, can you explain better what you are trying to say?

 

 

 

8 hours ago, Benjamin said:

Don't worry about that, this is not the end of the bitcoin, there are many days to come to wait for the good value of it, in 2020, the halving of bitcoin will be started in 2020 and many people are waiting for this opportunity to get some big money from it.

 

Ok! but , how do you control your  emotional limits ?

 

4 hours ago, fuer44 said:

when trainging we have to be able to control, whether it's when getting a large profit or when a dump occurs. because it can be fatal if we just follow our emotions without logic and long-term analysis.

That's right, we have to have control of our emotions.

 

(*) You must editar your post, the main word (trader) changes the context of your answer, but I know what you wanted to say.

Edited by alexisfuentes
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5 minutes ago, alexisfuentes said:

The art is something complex and in effect substantially complicated, so you should not underestimate other areas.

 

(*)Please, try to write your own thoughts, thanks.

I think I used the wrong term and I am sorry for that, I mean is focus on the effects of the situation like example the trading, user must know that sometimes a problem occurs and if that happens he or she must ready into the consequences that may happen in the future.

 

And by the way that's my original comment look to the time interval of our post, I hope the copy paste incident stop.

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7 hours ago, bliznec said:

Emotions need to be controlled. With retirement, you need to invest half of the pension in bitcoin. I am far from retiring, but I thought about it. By then, Bitcoin will cost 100k. 

Oh! well, you use half of your pension, I hope to see success, that your expectations will result.

They are risk that are not for everyone, you have  know where money is taken for the Trader, everyone must trust their decisions but must know their repercussions.

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4 hours ago, alexisfuentes said:

Oh! well, you use half of your pension, I hope to see success, that your expectations will result.

They are risk that are not for everyone, you have  know where money is taken for the Trader, everyone must trust their decisions but must know their repercussions.

I just assumed what I would do in retirement. This is my guess, because today I am not a pensioner yet. 

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That's right, in conducting trade the main key is accurate management of emotions and information. I sometimes still get emotional when doing crypto trading, this is not good to do continuously because I will lose more, I must be able to control my emotions so I can focus on crypto.

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If you do not control your emotions, they will definitely destroy you and for this you must control them in order to make a good profit and be a professional trader.

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Life is great and enjoy it

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20 hours ago, alexisfuentes said:

That's right, we have to have control of our emotions.

 

(*) You must editar your post, the main word (trader) changes the context of your answer, but I know what you wanted to say.

yes, i also know. I actually want to say to "trading training", so like a beginner who trades and does not have to be emotional because it can make things chaotic. I'm sure professional traders are never emotional in deciding things

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1 hour ago, fuer44 said:

I'm sure professional traders are never emotional in deciding things

Friend! emotions are that moves us and push to unexpected levels. The emotions are there , So I spek of a limit, which is there to know when it is good to overcome it and when not.

 

 

 

16 hours ago, Jeet Mandal said:

Emotions can play important role in trading . Peoples should know about his/her emotions limit and strongly follow that . Then only person can be successful in trading . Emotions are affects direct and indirect ways in human life.

I like it.

 

 

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Well the provision or mental quality we have to be healthy is not always rash and chaotic in taking action, I think we must accept being patient and enterprising for a while.

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3 hours ago, alexisfuentes said:

Friend! emotions are that moves us and push to unexpected levels. The emotions are there , So I spek of a limit, which is there to know when it is good to overcome it and when not.

but emotions alone are not enough because they can make us make decisions beyond logic and beyond what we have. if our intuition is correct, it might be good, but if it's wrong? we will regret when we were just carried away and emotional. so it must be a balance between emotions and logic.

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