Quote from: bittraffic on October 24, 2018, 07:58:42 AM

For someone who losses a lot of money, it may never be that easy to leave emotions behind. A person could kick a trash can while watching the market's red again lol I've have done that myself. I felt sorry for the woman with a kid who got nervous as they pass by.

Quote from: pixelvault on October 24, 2018, 07:51:39 AM

i think i can summarize all of that.

dont revenge trade.

Yes that is also true. Since the price dip, you thought of selling to accumulate, you have bought back yet the price went up. Its a disaster.

Well, I can say that for someone who has lost a lot of money, they certainly at some point have ended up coming into the space out of greed with no knowledge of how to invest wisely at all.

We have seen so many times the manner of approach of a lot of new investors in this space and most of it is centered on greed. You really need to understand as an investor that the only way you can make good decisions in the space without at all getting emotional is by knowing exactly what you are doing.

If you do not know, you will make mistakes and once you make mistakes, without still seeking for knowledge on how to do things right, emotion will definitely set in.