Post
Topic
Board Altcoin Discussion
Re: Never Trade On Emotions
by
Smitt
on 04/08/2021, 17:46:02 UTC
The two emotions most often experience trading are fear and greed. Traders who are afraid to lose usually will actually lose more, because they don't dare to cut losses and continue to hope that price movements will reverse direction. But if it turns out that prices continue to fall, of course the losses will be greater.

On the other hand, greed arises when winning trades. If we can't control our emotions, we will feel the upper hand when we succeed in making a profit, so that it appears greedy to get more profit and open positions carelessly, without analyzing market conditions.