Emotions in trading | Cryptocurrency Trading Psychology | Part 1

Описание: Emotions in trading plays a vital role in your overall trading performance. The more psychological and emotionally stable you will be, more the success you will get in trading. Trading is 70% bases on psychology and 30% depend ion the techniques we learn.
A good trades is always stable and calm and take logical decisions. In this pare we have learned about 4 emotions. Fear, greed, overconfidence and Revenge. Fear arise in trading when the trades are not planned, and we take entry into a trade without planning. Greed often impacts more on your trading account and many people are not able to grow their account because of greed at a certain stage and they ultimately make losses.

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Overconfidence arises when we take multiple trades and even we are winning we take extra trades and we lose. Revenge from market while trading is another important emotion and usually traders end up in losses because of this.
This is the 1st part of our Cryptocurrency Trading mindset and Psychology series. In this part we have discussed about the various emotions involved while trading.

Contents of Video:
0:00 Trading Emotions intro
01:47 Fear in Trading
03:35 Greed in Trading
06:20 Overconfidence in trading
08:55 Revenge Trade
11:18 Tips to control Emotions

I am following Cryptocurrency since 2014. I have learned from my own mistakes and setbacks. I want to use my experience and share maximum technical knowledge in a simple way. This Channel is dedicated for all the technical stuff related to Bitcoin and Cryptocurrencies. Cryptocurrency is already a complex technology, so I try to explain in a simple way and sometimes with Graphics too.

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