Post
Topic
Board Altcoin Discussion
Re: Never Trade On Emotions
by
Emmychris
on 23/08/2021, 18:55:34 UTC
Trading with Emotions,
Been there done that, a small dip. I panic sell.
to think i cut the loss but actually i didnt give myself a chance to earn more profit by HODLING.
the thing is when we entangled emotions with trading, risk management is ignored.

Trading with emotions is really bad because it can cause a trader making the wrong decision, and also to be able to be patient enough a trader needs to be sure if the moves he takes in trading, for example you need to be sure the coin you bought or long is a potential coin which will be better in time to come because if it's a coin which isn't good enough your patience will yield no result, because the coin won't increase in price that much.