Emotional Attachment In Trading

Emotional attachment is the tendency to cling to people, beliefs, habits, possessions and circumstances, and the refusal to let go and try new things.

Kapag sinabe mo na emotional attachment malamang inaakala mo na I will discuss an emotional attachment to stocks, currency pairs or crypto coins.

You buy an asset. You feel like you own it. You are emotionally attached to it. You cannot sell it properly. You get a lot of problems.

That is how I would summarize emotional attachment if tinutukoy ko ay patungkol sa stocks, currency pairs or crypto coins.

I wanna take a step further and talk about something na di mo naiisip na may emotional attachment ka which often leads to your bad trades.

Ano yun?

YOUR ANALYSIS!

Attaching Emotionally With Your Analysis

Any analysis is nothing more than an opinion.

Technical analysis man yan or fundamental analysis ang gamit mo sa pagcome up ng watchlist mo.

Newbie man or respected analyst ang nagbigay ng analysis ay opinion pa rin yun.

No one can predict the future kaya lahat ng analysis are just opinions.

May analysis na tumatama at may mga analysis din na hindi.

Most ng traders stand by their analysis dahil they are emotionally attached to it.

Dito nagkakaroon ng problema ang karamihan ng traders.

Lets take DITO for example.

Ayon sa analysis mo ay aakyat si DITO. Ayun sa research mo ay aakyat si DITO.

Ayun sa sinasabe ng mga kakilala mo ay aakyat si DITO.

You bought DITO.

After mo bumili ay bumagsak si DITO.

Will you sell it or will you stand by your analysis?

More often than not ay magstand by ka sa analysis mo.

Its not just DITO but its your analysis na may emotional attachment ka.

You can buy a different stock or currency pairs or crypto coin and still same ang mangyayare na mahihirapan ka ibenta kasi nga you have that emotional attachment sa analysis mo.

Market is not moved by our analysis.

Walang right or wrong sa market.

Winning a trade does not mean you are right. Kapag nanalo ka ay menaing nun umayon sayo si amrket at that particular time.

Naranasan mo na ba na panalo na pero di mo nabenta at sa huli ay naging bato pa?

Any win can turn into a loss.

Walang right or wrong sa market.

Dynamic ang market at hindi ito fueled by analysis.

Gumagalaw ang market dahil sa buy and sell orders ng napakaraming market participants.

Each have their own reasons in buying and selling na its impossible to predict or to know each of those reasons.

Hindi lahat ng reasons ay galing sa technical or fundamental analysis. There are much more reasons aside sa dalawang yan. Di rin lahat ay gumagamit ng news or nagbibase sa news.

Your emotional attachement to your analysis leads you to hold on or even add more to your losers.

It makes you see trading as either tama ka or mali ka.

That is not how trading works.

If that is how trading works edi sana hindi ka nagsstruggle maging consistent sa trades mo.

If tama at mali lang edi pwede mo sana tayaan yung opposite na analysis sayo.

You can go long on a stock at sa kabilang account mo ay magshort ka.

Whatever ang tama ay yun itira mo.

Will it work? Nope.

Kasi hindi ganyan ang trading.

Prices do not move in only one direction.

If years ka na sa trading at may sarili ka nang strategy or at least may experience ka na sa trading na feeling mo ay paikot-ikot lang yung trading results mo at kailangan mo ng isang course na magpupush sayo into better results ay sumali ka sa TRADE MANAGEMENT BOOTCAMP namin kung saan tuturuan ka namin paano imanage ang trades mo. Bagong concept ito sa Pilipinas and we are sure na this is going to be a very helpful and performance-enhancing course. Trade management is the key to a good trading results.

Avail it here:

https://form.jotform.com/232946879623472

Try Something New

Maraming different perspective sa trading na hindi mo pa alam or di mo pa nasubukan. If what you are doing now is not working then you need to try something different.

You can be a successful trader and really earn from your trades. Pwede rin na magfail ka at mafigure out mo na hindi talaga para sayo ang trading.

Ang mahalaga ay sumubok ka. You gave yourself a chance na itry ito.