RocketBomb

Hope. 🙏🏻 Fear. 😱 Greed. 🤑

Education
BITSTAMP:BTCUSD   Bitcoin
Welcome, guys! 😊Today I wanna talk with you about our feelings and emotions💋💋💋

💥 Fear of falling prices provokes a sell, and the opportunity to lose chance to make monney leads to an unreasonable buy.💥
      
      ⚡Such pernicious emotion like greed is a manifestation of the trader’s arrogance and his thirst for a good income as soon as possible, which also provokes the unfoundedness of transactions.🤷🏻‍♀️

        Many psychologists and scientists do a lot of research in the study of human emotions and feelings, the results of which show the ability to control their emotions.

💪🏻 In trading, managing emotions is a very necessary.💪🏻

Let's consider three seemingly simple emotions on which a trader’s work in the market depends in more detail:

📌Fear
📌Hope
📌Greed

😱The role of fear in trading 😱

       In fact, fear plays a significant role in the market. Fear often deprives the trader of the opportunity to earn money, but also saving him from making fatal decisions. The emotion of fear often serves as a kind of "brake" for the trader.

       A frightened trader is obsessed with the adverse aspects of trading. Fear of losing money generates a lot of other negative emotions in your head.

🤑Trader's greed would destroy.🤑

Greed is a disastrous and dangerous feeling, especially for a trader. The prevalence of greed rarely can help to achieve the desired result.
It depriving people of the ability to think soberly and objectively. Often, having felt success, a trader wants to earn more and more by making the following mistakes:


❗ Untimely exit from the transaction
❗ Hold position more then you need
❗ Overstatement of risks

🙏🏻Hope is the last thing to die🙏🏻

Of all three emotions, most market participants live with hope. This emotion is completely opposite to fear, because its presence affects the positive thinking of the outcome of the trade. In moments of hope, the thinking of market participants is aimed at making profit, not losing it.


People trade in order to achieve success and financial stability, taking income from the market. The circle of such people was divided into optimists and pessimists, absorbed in hope, fear and greed, only to different degrees. One way or another, an overabundance of these emotions can lead to losses . The best option is to find the “golden mean” and learn how to manage your emotions.💪🏻💪🏻💪🏻


😊😊I hope you enjoyed my post, don't forget to support me with like 🌞, subscribe,for don't get lost!💋

Below are links to my previous ideas👇🏻👇🏻👇🏻

Stay with me🌞

Your Rocket Bomb🚀💣




Write me if You need my support or wanna trade together 👉🏻
Join me in👇🏻:
🚀💣 t.me/+aAADzO1OqsQ2MGI0

💰 I'm using Bybit and I highly recommend it to You. By using my link - You'll get a nice bonus
www.bybit.com/invite?ref=7X0W2A
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.