Quote from: Awaklara on Today at 03:52:41 AM

Quote from: lalabotax on July 11, 2023, 09:59:33 PM

Quote from: gunhell16 on July 09, 2023, 09:05:32 AM

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* Emotions in trading
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* Emotional Intelligence

To be honest, this has a very big influence on the decision-making of trading activities. Here, we sometimes feel that we are quite ready to trade, we have enough knowledge needed for crypto analysis before trading, as well as the knowledge for trading itself. But sometimes it all ends in vain because our emotions are not ready. Sometimes, we are still not ready to control and manage our emotions when trading, and this is very influential. Because emotional instability can cause panic, fear, and also a rush to make decisions quickly without good and wise considerations and one ends to lose money because of unstable emotion management and controls..

knowledge can be learned and skills can be honed but experience must be sought by trying. That is what will differentiate an intelligent trader and an experienced trader. Controlling emotions is part of a trader's experience. it can't just be when we read books as we learn about trading strategies. emotional control will grow when we have enough calm in our trading. and it will influence traders when making decisions.

Experience can't be bought we have to try it for ourselves and it's a process,
the more experience I think traders know what to do according to the conditions at that time,
those who are experts at trading, of course, start from beginners.