Post
Topic
Board Trading Discussion
Re: How to control your emotions while trading?👨🏼‍💻
by
Lecam
on 11/11/2019, 10:49:38 UTC


One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈

Watching the price of an asset soaring higher and higher, while out of the deal,
a trader often feels even worse than in case of losses.⚠️

So, what exactly can you do to prevent emotion-connected issues?

Accept the fact that you can’t buy at the lowest and sell at the highest prices;☝🏻

Don’t be looking at the charts all the time;❌

Use a trading plan ruling how to deal with profits and losses;📝

Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼


There's a lot of emotions when get into trading especially when you are buy coins in a high amount then after that coins will slowly goes down you can now feel the fear because you can lose your money. But one i tell once you in trading try to think positive and choose the good coins that you can trade and get a profit. Like ether you can buy ether now because the is goes down then set the price what you want to sell on it. Don't be afraid of your lossing because once you have good strategy you can get it back what you lose. Your emotions can lose all your money.