How to avoid emotional trading?

It is not about getting rid of your emotions, but rather about understanding and controlling them. To achieve this, a trader must:

1. Have a solid trading plan

You need to have a clearly defined plan - which system you will use (whether it is fundamental analysis or technical analysis or a mix of both), its advantages and disadvantages, how you will identify trades, how you will manage them.

This needs to be accompanied by a trading journal, where you can write down your observations, identify your weaknesses and build on your strengths which can help you avoid common trading mistakes and become a profitable trader. Jumping from strategy to strategy will do no good and emotional trading will take over.

2. Understand their risk appetite

Some traders might be comfortable taking larger risks and manage to keep a cool head even if they are facing a not-so-small drawdown. However, if you are just starting or generally have a lower risk appetite, this is unlikely to end well. You first need to identify your own risk appetite and plan accordingly.

3. Know when to take a break

If you feel stressed and exhausted, you are more likely to make mistakes or engage in revenge trading. It could be a good idea to set a rule for yourself that will define after how many consecutive losing trades you will take a break and stop trading until you have reviewed what happened.

After all, it is not just trading that can cause stress and lead to a losing streak. There could be external factors that are having a negative impact on your mental state, and it is perhaps better to take a break from trading should you be facing such a situation.

Week 1: 21 Aug - 27 Aug
Twitter campaign: Twitter
Twitter profile link: https://twitter.com/OlaOluw88050359?t=o7nG6IJrvk2-QYhdJm7MuA&s=09
Spreadsheet N0:  1549

Day 1:
Tweets:
1. https://twitter.com/OlaOluw88050359/status/1562902793970655232?t=xKC2jQNHMA_8KXwKFBteJQ&s=19
2. https://twitter.com/OlaOluw88050359/status/1562902852313288704?t=75Zkp6wusV6SULnkZACoCQ&s=19
3. https://twitter.com/OlaOluw88050359/status/1562902936220762113?t=A73EFGdjatl7aQid-4HteA&s=19
4. https://twitter.com/OlaOluw88050359/status/1562903022275293188?t=oqqeoiEaHELVkMu8dbm2FA&s=19
Retweet:
1. https://twitter.com/OlaOluw88050359/status/1562901770749476865?t=bQDcjxwmWwoLuHbYP5cgOQ&s=19
2. https://twitter.com/OlaOluw88050359/status/1562901884523855873?t=YLss77gzkYrlcZx4flJOuw&s=19
3. https://twitter.com/OlaOluw88050359/status/1562901927251259398?t=THqP7kBfDdEbS-AGtPgQKw&s=19
4. https://twitter.com/OlaOluw88050359/status/1562902025477562369?t=Gl9qVs7oTyaHUOEKjOPwdA&s=19

Day 2:
Tweets:
1. https://twitter.com/OlaOluw88050359/status/1562903408579080192?t=rb565XIuQsN_LhJa6gVOgA&s=19
2. https://twitter.com/OlaOluw88050359/status/1563606244341870593?t=UZ9csUr5Mh40PTqpm5ut4A&s=19
3. https://twitter.com/OlaOluw88050359/status/1563606300155867136?t=9i0j7XljUSdjuhi1bacV8g&s=19
4. https://twitter.com/OlaOluw88050359/status/1563606376894476288?t=HY-imuZOo3U5SqEd-TTSjw&s=19
Retweet:
1. https://twitter.com/OlaOluw88050359/status/1562902116100087815?t=gpXDv_oD7LCg_Vxuj_Hs3Q&s=19
2. https://twitter.com/OlaOluw88050359/status/1563594139333447681?t=jPT8C2M6T6WbrGPXC7Ae7A&s=19
3. https://twitter.com/OlaOluw88050359/status/1563594182702542848?t=-pNOfbTDpgZyWAXEKlsHWA&s=19
4. https://twitter.com/OlaOluw88050359/status/1563594219566305281?t=DOkGAnbGhioOBwRoafUfxg&s=19

Day 3:
Tweets:
1. https://twitter.com/OlaOluw88050359/status/1562559572962709510?t=ailADIclR4EHfKsOrufDJA&s=19
2. https://twitter.com/OlaOluw88050359/status/1562559630253117440?s=19
3. https://twitter.com/OlaOluw88050359/status/1562559713509642243?s=19
4. https://twitter.com/OlaOluw88050359/status/1562559777476976647?s=19
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1. https://twitter.com/OlaOluw88050359/status/1563594256681664512?t=qVfLXOjLBEJxgwGDyG9Ukg&s=19
2. https://twitter.com/OlaOluw88050359/status/1563594292106366976?t=xpwJPjf3e3QEOql_USdXUQ&s=19
3. https://twitter.com/OlaOluw88050359/status/1562559969723301888?t=n5HfhAs2pCHu6bOJxMh18g&s=19
4. https://twitter.com/OlaOluw88050359/status/1562560074995810305?s=19

Day 4:
Tweets:
1. https://twitter.com/OlaOluw88050359/status/1562559843621564416?s=19
2. https://twitter.com/OlaOluw88050359/status/1563606723541323776?s=19
3. https://twitter.com/OlaOluw88050359/status/1563606878051237890?s=19
4. https://twitter.com/OlaOluw88050359/status/1563665732415750144?t=STToONuXwTUWzZ4Dg2w6fg&s=19
Retweet:
1. https://twitter.com/OlaOluw88050359/status/1562560164951388166?s=19
2. https://twitter.com/OlaOluw88050359/status/1562560213865009152?s=19
3. https://twitter.com/OlaOluw88050359/status/1562560263613624320?s=19
4. https://twitter.com/OlaOluw88050359/status/1563664477572067328?t=jBhkQbM4QuK_n-Zb4t4Mpw&s=19

Day 5:
Tweets:
1. https://twitter.com/OlaOluw88050359/status/1563665793262534657?t=nrukU8A7HZueaeeWw2MVgA&s=19
2. https://twitter.com/OlaOluw88050359/status/1563665852960063489?t=FCvJTEtaPAD3F6iAPB6cVA&s=19
3. https://twitter.com/OlaOluw88050359/status/1563665932903276544?t=D6K4swJU55PFQTOuXm55kA&s=19
4. https://twitter.com/OlaOluw88050359/status/1563665991296483328?t=ggrnr-an-Upz8ODoY6wBWA&s=19

Retweet
1. https://twitter.com/OlaOluw88050359/status/1563664521712898048?t=Q8COxK-IqcETxEw2d8dxWA&s=19
2. https://twitter.com/OlaOluw88050359/status/1563664565627367426?t=QXdO_9M2vBA2JKYo_HHkmg&s=19
3. https://twitter.com/OlaOluw88050359/status/1563664616374165504?t=bXlLZOP2UrwyLB6_prmvYA&s=19
4. https://twitter.com/OlaOluw88050359/status/1563664667876044800?t=TRg7EyDObTBhZ-XTfoyHSw&s=19

Yes
I get your point, to educate ourselves, but many go to school, so they can be working in the office, have seen many

Wow
This is great, I love this, never new before,
So one can be receiving lecture online, without been in the school??? But, They will be some aspect, which you will need to visit the school

Education is not the only key to success anymore, then we all be believe that, if we don't go to school, we can't make it, the country is something else, we should find all means to be a successful person in life, education is good, but we have to find all means to make it, country which a graduate is riding bike, someone that spend thousands of naira to go to the school, is now riding bike, imagine,

So is always good to invest in once self, than working under someone, which you won't have time for yourself,

Just an advise

Week 5 (15.08 -21.08)

Bitcointalk Username: Okeowo
Telegram Username: @userbounty

Twitter Campaign
Twitter Profile Url: https: https://twitter.com/OlaOluw88050359?t=o7nG6IJrvk2-QYhdJm7MuA&s=09
Spreadsheet No: 597

Retweets/Tweets Url:
1. https://twitter.com/OlaOluw88050359/status/1560026049005719560?t=7KLqqUYqoFqUjs2hGiwWcA&s=19
2. https://twitter.com/OlaOluw88050359/status/1560214849124270082?t=2ZodIdr-u-SC-HE4x05Unw&s=19
3. https://twitter.com/OlaOluw88050359/status/1560380816542277634?t=_9CPDOfFp7y9aavZkO2m9A&s=19
4. https://twitter.com/OlaOluw88050359/status/1560838290948898817?t=p48xqmKZCTEUY5WwtHbv5w&s=19
5. https://twitter.com/OlaOluw88050359/status/1561115969396809729?t=tfOEbBcj0uux3ljPZzQYBw&s=19

Telegram Campaign
Telegram Username: @userbounty
Spreadsheet No: 516

Telegram posts Url:
1. https://t.me/Kucoin_Exchange/7010384
2. https://t.me/MEXCEnglish/3227939
3. https://t.me/Kucoin_Exchange/7010820
4. https://t.me/MEXCEnglish/3228142
5.

Not really sure though, but I believe, the next bull run will be massive with a good capital

Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...

Week 2:
Twitter campaign: Twitter
Twitter profile link: https://twitter.com/OlaOluw88050359?t=o7nG6IJrvk2-QYhdJm7MuA&s=09
Spreadsheet N0:  1549

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Yes thanks, have done that,

You can never say it is a scam project,
I will just say, you should do some research about, and find out more on it, they are not here for dump mention, just sharing opinion together, never said we should invest on it..

I would rather say, it might be the next gem, because it as a great potential and on POS
Let's just see our everything goes, we shall look back into this post later in the future

Yes, I totally agree with you,
Your opinion is great, that's why we are all here to share ideas together

That's why I said, we don't have to trust any project

Yes, I understand you, the reason why I said is that, it as is own Blockchain, and a time will come, many projects will start listing under there Blockchain, though, few have be listed already, so I think this be possible to move, because most the successful Blockchain today, started from somewhere, but is just better to be safe out there

Alright I get your point here
The name is HATHOR (HTR)

You are very right,
I can never proof you wrong in anyways, we all just sharing ideas together, I know many believe project from great influenza,
But, did you know, some project pump madly without any use cases ?? Have seen various, one just have to be careful, in what we put our money

Yes, that's vwhat I said, one have to do research well, before this bear market, I know someone who bought at 0.07 and took profit at 2$, but due to the current market condition, all project are mad, I think during the next bull run, something great might show up, just make sure you do your own research, and you will see what they have on the table for people

Is not even a new project , you can do some research, and I don't think is a pump and dump project

Yes
Not trying to promote, just trying to let us know,it might be the next, because its running on it's own Blockchain, and some project will actually want to lunch under it,
I guess that will give it a space move,

Is just that many haven't heard about it, but is listed on various exchange,
Actually, we don't know the one that will favor us, we all just trying our best,
Even some project with good team self, they do rug pull

Let's all take a look at $LUNA, who can tell that Luna will come back to this level, All the way from $120, I invest and I was at loss, we are just here for the profit, we don't have to trust any project, take your profit and move on,
I don't think there is any offense in taking profit,

WAGMI