Post
Topic
Board Trading Discussion
Re: Experience of failure and success can help us control the emotions.
by
Jody.Drummer
on 29/03/2023, 17:23:14 UTC
How can we actually control our emotions if we can't take our eyes away from our wallets?

Most new traders believe that constantly checking their wallets will provide them with peace of mind because they will be monitoring the movement of their investment's prices, not realizing that their emotions will not allow them to keep the coin if the price falls.
To some extent, I don't blame beginners for keeping an eye on their wallets because it is something new to them, but I am confident that with time and experience, they will adapt because experienced investors always set goals and stick to them.
Checking our money in our wallet too often is not good, you are right it really affects our emotions. Sometimes when we see that our money has increased just a little, we want to take it, so if our money decreases, we want to take it immediately because we are afraid that we will lose more and more. So as much as possible we don't check our wallet too often. But that doesn't mean we don't check it at all, because we also have to watch it.
Gals like this do happen to beginners, yes, I really understand this action because I personally did that at the very beginning. But with the passage of time, we will definitely understand which ones we have to do and which ones we have to avoid to become good investors.