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-uselessFor 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: snip
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!
The most simple trick to avoid using your emotions when you are trading is to device a strategy that tells you when to get in the market and when to get out and to develop the will to follow it no matter what, that way you can get out of a losing position automatically without any drama, you must remember that the devastating losses that many traders suffer come from the fact many of them hold their positions for too long hoping for the market to recover when what they should be doing is to sell their coins to protect their capital.