I always feel that it's very intense to trade. I have been trading crypto for two years now, but find it's still difficult to get used to all the constant price fluctuation.
I decided to write an article about this topic, including solutions to make sure your trading becomes more rational: https://steemit.com/cryptocurrency/@wickcrypto/an-emotional-guide-to-crypto-trading-why-paper-trading-is-useless
For example, using some simple tricks you can remove a lot of the emotion out of your trading. I trick that helped a lot was as simple as changing your color scheme in Tradingview. I don't think I am allowed yet to post pics on this forum, but you can check it out the big difference here:
What do you think? Do you have some more tricks you use against these emotions?
Also, it was the first post I made on Steemit so far, I'm very open to hear any feedback about it!
I think the only tricks that would be effective is the descipline because even if you change the color scheme of your trading platfrom if you don't have any discipline then you will lose to your emotion eventually.I decided to write an article about this topic, including solutions to make sure your trading becomes more rational: https://steemit.com/cryptocurrency/@wickcrypto/an-emotional-guide-to-crypto-trading-why-paper-trading-is-useless
For example, using some simple tricks you can remove a lot of the emotion out of your trading. I trick that helped a lot was as simple as changing your color scheme in Tradingview. I don't think I am allowed yet to post pics on this forum, but you can check it out the big difference here:
What do you think? Do you have some more tricks you use against these emotions?
Also, it was the first post I made on Steemit so far, I'm very open to hear any feedback about it!
Actually, losing to your emotions is inevitable but the things make it worse is that if you let yourself engulf by emotions. We should practice how to manage our emotion inorder to minimize our loss.