Post
Topic
Board Trading Discussion
Re: How do you manage ur emotions?
by
Fatanut
on 07/05/2017, 01:26:43 UTC
Whenever I trade, I always remind myself not to go beyond my threshold in a repetitive manner. Sometimes I write it down on post-it notes just in case I go full retard on trading. I rarely hit losses, and when I do, I immediately call it a day as soon as I hit my acceptable loss for the day. The key is being disciplined all throughout and you will control your emotions.
Patient is the key to become success in trading .
When you suffering lost , don't too quick to make a decision to chase that loss .
Better to find another way latet in another time when your head back to fresh and in optimal confition to think.

Common sense must always be present. Trade is not a place for hysterics. This is an exact science and it should be without emotion. It is necessary to educate it in yourself. Without emotions, trading is much safer
An emotion required really when you are on fire it is help you to motivated.
It is just about how you handle this emotion , use it as a good thing and you will find it was helpful into your trading.
So there's no reason to say it is better to trade without emotion , i really disagree.
There is two possible emotion that you can feel when you are trading. The first one is, a motivated emotion because you are earning money thru trading and you are motivated to gain more while the second one is the angry emotion, because you keep losing money in trading but that is the kind of emotion that you don't need. So it is good to trade with emotion if your emotion is connected to being motivated.
The are acutally many emotions that can we have as we do trading. Some of them are greediness, decent, determined, and many more. Thus, proper implementation of discipline is must in trading so that trade would be affected negatively.
The thirst for money is a kind of greed and in trade this is a very bad quality. Who deals in trade and does not think about money and the process itself, it turns out Everything is much better and even easier.
yes the " thirst for money is a kind of greed" comrade, but  still we most quench that thirst with knowledge and understanding on how trading work. Of a truth negative Emotions are the reason why we lose money in forex and crypto currencies trading. But we can develop positive Emotions if we really want to succeed in life.

Only ones that have a thirst for knowledge are the true nerds. The rest of the population wants quick money without doing much work. Because, you know, why do work when you can just have money instantly. People are lazy. That's why ponzi sites, HYIP sites, and cloud mining sites have been successful ever since.

I think negative emotions come in when you lose money and it's not the reason why you're losing money. Your emotions are irrelevant when it comes to investment. You don't invest on Ether or Bitcoin because you're sad. The market don't go down because people are sad. It's purely a speculative thing.