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Xsimple

Enemy in Trading, what is difficult to learn and control?

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If you are new to trading, trade those coins that have a large volume. Do not seek a large percentage of profits. Better on small but often. Sometimes you have to wait for the right price. Be patient.

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I'm small trader and I'm doing trading with $300 in vechain coin and last month I earned more than $70 with my strategy and still I'm using this strategy and making profit. If anyone are newbie than I suggest you please try to learn strategy and principal and learn from your experience.

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Very good  post you have created my friend  it is very  helpful  for beginners.  I have also not enough  experience  in trading . And  Face some losses so now I decide  yo learn  trading  from there

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There are different ways for you to control your emotional reasoning as you trade cryptocurrency, this has been the only way for you to make practice with different and other techniques finally, you will choose the one that is better for you

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On 2/21/2020 at 4:35 AM, MrGeany said:

well knowledge is good but sometimes if luck is not on your side you can't do anything and sometims you have to control yourself to stop doing things. don't forget that trading is very addictive like gambling and other staff.

Big buyers, whales, authorities and so on. Like all major structures that do not support cryptocurrencies, they are enemies of cryptocurrencies. You must explore a few different ways to control them so that it will not ruin your exchange. Doing a decent research is also very difficult

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You must control your emotion as well as patience in order to succeed in achieving profit through trading and the matter also needs your ability to analyze well


 

Life is great and enjoy it

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On 2/26/2020 at 8:24 PM, Readmm said:

Personally, I would say that it is most difficult to control your emotions, because you have to be restrained in order to make only thoughtful decisions.

control emotions if the opposite is happening because in trading only two results are profit or loss and loss must be part of the game and must not affect emotions. You must control yourself to stop working. Don't forget that trading is very addictive like gambling and other employees.

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what i think it is difficult is mastering the trading itself on how it is done and everything, but also i think emotional control is an issue here.

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On 2/9/2020 at 2:22 AM, Xsimple said:

So I wan to everyone knows about trading, this is for newbie only and if you are pro then you can comment your suggestion below.

First learn some strategy and different analysis and reading the chart and etc. and after that when you do trading then you will face the worst enemy when you are trading and that is your EMOTION, I learned that is the hard to control and learn, especially when you are new. So before you trade make sure that you have plan and you target profit and exit lose.

 

If this help you or you learn from this please give a like so I will also know, thank you.

And before trading make sure that you have a trading skills such as emotional control and capital management for control your capital and stay save in the market 

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Emotional will make you go out of your trading plan and you will lose a lot of money because that. If we will not learn to control ourselves when treading it will be hard for us to earn profit.

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On 2/9/2020 at 2:22 PM, Xsimple said:

So I wan to everyone knows about trading, this is for newbie only and if you are pro then you can comment your suggestion below.

First learn some strategy and different analysis and reading the chart and etc. and after that when you do trading then you will face the worst enemy when you are trading and that is your EMOTION, I learned that is the hard to control and learn, especially when you are new. So before you trade make sure that you have plan and you target profit and exit lose.

 

If this help you or you learn from this please give a like so I will also know, thank you.

I agree with you that as a beginner Emotion is an enemy that must be eliminated in trading, we must be able to control and eliminate emotional feelings when trading, besides that I think panic can also occur in many beginners so panic and emotions must be eliminated when you trade.

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On 2/9/2020 at 2:22 PM, Xsimple said:

So I wan to everyone knows about trading, this is for newbie only and if you are pro then you can comment your suggestion below.

First learn some strategy and different analysis and reading the chart and etc. and after that when you do trading then you will face the worst enemy when you are trading and that is your EMOTION, I learned that is the hard to control and learn, especially when you are new. So before you trade make sure that you have plan and you target profit and exit lose.

 

If this help you or you learn from this please give a like so I will also know, thank you.

Before trading, it is a good idea for beginners to learn the basics of trading, study charts, markets and exchanges. Crypto trading is not easy, trading requires hard work and patience, in my opinion what usually happens to novice and professional traders is panic. The biggest enemy of trading is panic, if there is panic when trading the trade will not be successful.

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The enemy in trade is the psychological factor of greed, fear, or indecision
You must train to control it, otherwise the loss will be your ally

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Our main enemy in cryptocurrency trading is ourselves. We do not compete with others, but rather with ourselves, or primarily with emotions. Emotion is one of the characteristics that every trader should pay attention to in management. Emotion is hard to control, but as long as you clearly know what it is that can make you feel, you can handle it.

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Excellent information friend, the first thing to learn is about the market (theory, books, videos) and then proceed to practice. The most difficult thing for a trader is the psychological part (Controlling emotions)

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Emotions in trading need to be controlled. But even professionals make mistakes when they give in to excitement and their experience. Sometimes it can feel like, "hell, I've been doing this for a year and I know it's supposed to be like this," and it ends up playing tricks on you. This is exactly the case, so you are absolutely right, I would add only this - emotions and self-confidence are our main enemies.

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the most difficult thing is knowing how to interpret the trend lines of the value curves of currencies. Know how to identify if we are facing a bullish trend or the contrary
 

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First of all you need to learn the basics, you will need to have a good stable foundation, second learn how to link between technical and fundamental analysis because the closer they are the better your trading will be, eventually you have to control your feelings.

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"We grow by lifting others"

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you are right, when i watch trading courses i find the trading is very easy by strategies, but when i'm going to the real trading i find many difficult and i'm scared to lose.

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On 2/9/2020 at 2:22 AM, Xsimple said:

So I wan to everyone knows about trading, this is for newbie only and if you are pro then you can comment your suggestion below.

First learn some strategy and different analysis and reading the chart and etc. and after that when you do trading then you will face the worst enemy when you are trading and that is your EMOTION, I learned that is the hard to control and learn, especially when you are new. So before you trade make sure that you have plan and you target profit and exit lose.

 

If this help you or you learn from this please give a like so I will also know, thank you.

Anxiety, fear, panic, joy or euphoria are typical emotions that any investor feels, especially if they are managing their own money. And this is so, because nobody knows what will happen when you launch an investment. But in addition, the desire to earn more money also enters the game, therefore, this eagerness makes us expose ourselves more than due to risk, it is important to control emotions, since it is responsible for 80% of success when time to operate.

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It would be good for newbies to see how more experienced traders work. You can find out how they think, partially learn from their experience.

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It is hard to control emotions not only in trading but in each field of life and in most of the decisions so in trading you need to master the control of this too, so that you can win, not lose.

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You are right the emotions are  our worst enemies and what we can do to fight them is to make rules and practice them a lot, that is the only way to overcome the enotions in trading.

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I agree with you that emotion is one of our biggest enemies, but there is another biggest enemy in us, namely Fomo, excessive fear makes us unable to take risks, because the benefits will be obtained when we dare to take risks. The existence of Fomo makes us afraid of losses and cannot develop our portfolio, so avoid Fomo if you want to be successful.

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