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!
Being too emotional is of all things, what you need to avoid if you're gonna enter crypto space. The market's movement can sometimes be so crazy and unexpected that it might trigger you to panic because of the cryptocurrencies price that moves up and sometimes very low. Now we know that we can't control what happens but we can control how we react to things that are happening, and even if we can't control the crypto space's movement and situation, we can still affect the market's movement through any impulsive decisions we could make out of being too emotional and being swayed by it.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!