Quote from: 1NV3ST0NM3 on May 12, 2019, 01:57:31 PM

Quote from: traderethereum on May 12, 2019, 06:38:33 AM

Quote from: seleme on May 12, 2019, 12:12:31 AM

Quote from: Yamifoud on May 11, 2019, 11:11:05 PM

Quote from: kaya11 on May 11, 2019, 09:59:56 PM

It's hard not to trade on emotions but you have to remember this is a game and we have to always look forward,don't look backwards once a trade is executed. Little profit is not a bad word my friends, be contented of a the small amounts you gained. It is better safe +10% than a wannabe +100% of no assurance, people are just greedy sometimes but can't blame them, we are human after all.

Being in greedy will never have a good result but instead, it mostly ended up into losing. Ain't that really bad if we go for emotion trading if we know our mistakes and even recognized our limits. It sometimes I used to have my instinct will play in trading and it is quite some time that it will work well.

Kinda inside voice trading. It is boring to trade with a fixed strategy and money management. Sometimes, for adding more fun to trading I increase the leverage or take margin from trade. Depending on the trade expectation, profit/loss ratio is managed by fixed rules in my personal trading journey.

We already have seen that being greedy can make us lose to catch a good chance to make a profit because we have a passion for chasing a bigger profit than what we can see.
To earning in trading, you don't have to chase more profit if it is difficult because that will be the same if you can take a small profit but you can get it in over and over, and in the end, your profit will become bigger too.
If you still use emotion in trading, then maybe you need to learn about controlling the emotion in trading because that will prevent you from making a profit in the long-term.

Yeah pretty well said emotions play a bigger role than what we see. Only Practicing emotionless trading will fetch profits
in long terms and only this is the reason that why most of the trading bots earn profit even with a algorithm fitted by humans while humans can't earn the same.

I see many traders were trapped into their emotion especially if the price can jump to the higher price in short and they become panic because they don't want to lose the chance to take the profit.
They feel that they need to place the price at a higher price so the profit will bigger.
But they forgot that it will be their greediness to chase the profit because in the next minutes, the price will not always increase and they lose the chance to take the profit.
The bots don't have those feeling, and they can almost always take the profit with the right setting.