Post
Topic
Board Trading Discussion
Re: First hand examples of Emotional trading
by
Finestream
on 13/02/2019, 22:28:31 UTC
- You feel so greedy and you want to make a profit of 150% overnight
- You take too long to decide when to sell off or buy
- Your buy or sell actions are often determined by sudden price changes i.e. Buying coins at peak price and panic selling them off at bottom prices.
you are absolutely right when the emotions will mix up with the trading the above mentioned points are definitely came to our subconscious very easily and it takes a long time to vanish in our mind so this will definitely not so good for trading.
I agree.Being greedy and sometimes having fear of missing out will not do good in trading anymore.Most of the time when we are over ruled by our own emotions,we end up making our trading a failure one.So as much as possible,we should learn how to control our emotions and trade only for profits and not with emotional satisfaction.