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stonman

Trust on your trad experience and don't panic

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You can not trust anyone,but then you need to know very well what you are doing to understand all the schemes.Make decisions quickly.

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I agree, the experience is the fact of living an event in any area, and remembering it to use it when you re-live that same event, but based on the experience doing it better than before, for this reason, it is very important to experiment without fear of making mistakes, because it will surely happen, and that is how learning is forged, adding external factors how to learn and study from other people's experiences.

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I'm pretty calm when I trade but on some bad trading days it's hard to stay calm.
But with experience I get there.
The hard part is deciding whether to cut a losing position or keep it.

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If you want to earn something trading cryptocurrencies then you have to be patient and stay calm in any situation. Because panic leads right to the fail. Dips of crypto market is nothing but just chance to buy more. It's always rising again. And if you panic and selling everything you have then you won't earn as much as you could.

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If you are a trader then I think you shouldn't get panic at all. All we have some experience in trading and we are used to in bad market and good market situation and we know it is the features of any crypto market. 

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You need to listen your intuition. Its a phenomena that is based on your knowldege and expirience. But emotions in a trade in so go. You need to focus your mind on that

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On 10/6/2019 at 12:30 AM, stonman said:

We should confide as far as we can tell in exchanging despite the fact that the circumstances got most exceedingly awful, and I don't think frenzy selling is the arrangement. What will befall your future benefit in the event that you sell everything because of you're terrified? That is the reason we should remain more grounded and keep the confidence consuming so we could remain against negative theorists.

Not because it is misleading, since you are not sure what will happen, sometimes you lose more than you win, due to the sudden movements that the market gives, so I think it is better to have a calm panorama and study the trade calmly

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On 10/6/2019 at 12:30 AM, stonman said:

We should confide as far as we can tell in exchanging despite the fact that the circumstances got most exceedingly awful, and I don't think frenzy selling is the arrangement. What will befall your future benefit in the event that you sell everything because of you're terrified? That is the reason we should remain more grounded and keep the confidence consuming so we could remain against negative theorists.

I think we should take everything calmly because if we do it at a time of rise or fall we can lose a lot of the capital that we have invested or when making trade is the risk that can be taken

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It depends on the personality of each trader. For example, some traders are driven by fundamentals, while others by the action of the price supported by indicators, sometimes emotions are difficult to manage in both aspects

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On 04.10.2020 at 02:16, SergePhobia said:

Afraid when you see that the price of the coin you just bought will go down but it is important to learn it is a natural thing and how to control your emotions and know when it is time to sell and save some possible losses

@SergePhobia I agree, if you enter the world of cryptocurrencies, you need to know and understand that the money you invest can be lost at any time. And of course, these are big risks. Therefore, you need to use the funds that you are ready to lose.

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The reason for many mistakes is fear. Unfortunately, it turns out that when it comes to making decisions in a live, active market, instead of the brain areas responsible for rational thinking, the hypothalamus takes over, deciding the situation in the "fight or flight" mode. Then fear begins to guide the trader's movements


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Once we are well documented in relation to the
 subject, of course we must trust our 
experience and knowledge, but when we do not 
have enough knowledge, it is normal to panic.

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Yes i agree every experienced trade shouldnot panic when he is in loss and should remember how he got out from many bad situations that whales wanted to put him in, if we divide our money and make avarge price then no one can make us lose

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Okay, we shouldn't panic, but you need to set the time you need to get out. Otherwise it causes such great damage that it takes too much time to recover, maybe it cannot be collected

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On 10/6/2019 at 2:30 AM, stonman said:

We should confide as far as we can tell in exchanging despite the fact that the circumstances got most exceedingly awful, and I don't think frenzy selling is the arrangement. What will befall your future benefit in the event that you sell everything because of you're terrified? That is the reason we should remain more grounded and keep the confidence consuming so we could remain against negative theorists.

We have to know the market movements very well and if we can achieve good results, otherwise there is a risk of losing everything.

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Estoy de acuerdo con eso, si confías en tu estrategia de inversión no debes asustarte porque conoces todos los temas, ya sea forex o criptomonedas.
 

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Believing in our own experience is very necessary because to face the market we need confidence so that there will be no panic and mistakes while in the market. The more often we trade, the more experienced we will be. That is the importance of believing in our own experiences because we cannot get experiences from other people, but from ourselves.

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32 minutes ago, luisrenato said:

To be successful in trading you should not panic but remain calm, trust the analyzes made by you before making an investment, possible unforeseen events can cause this panic but once they pass, calm will return and our profit will be guaranteed.

No, panic can even help in trading at times, but normally we should be bold and not panic, what makes traders lose is because they lack experience, not about fear. Knowledge and experience are very important before trading. 

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On 10/7/2020 at 11:52 AM, Anarchy09 said:

And of course, these are big risks. Therefore, you need to use the funds that you are ready to lose.

@Anarchy09 The deep dive into trading will thus started when we invest the amounts that we are willing to loss. Seriously, it gives us the confidences in trading to make more decent profits 😊 Those who do not wish to take the risks in trading, how can they get benefits ! 

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On 10/6/2019 at 2:30 AM, stonman said:

We should confide as far as we can tell in exchanging despite the fact that the circumstances got most exceedingly awful, and I don't think frenzy selling is the arrangement. What will befall your future benefit in the event that you sell everything because of you're terrified? That is the reason we should remain more grounded and keep the confidence consuming so we could remain against negative theorists.

When trading cryptocurrencies, it is normal to feel panic when the price of the currencies falls since it is very risky and the market volatile, you just have to know how to handle your emotions.

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each trader has an experience in his trading, trader was made many mistakes and automatically he learning from his mistakes, so we can get a good experience from our mistakes in trading.

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