NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Titan Trade Tells How Not to Trade Emotionally in Binary Options

newsbtc
newsbtc
4 years ago
4 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

No one can deny the stress investors face while executing long-term/intraday trades. There are many factors that attribute to this behavior — from personal to professional — but they cannot be held as an excuse when a large amount of money is at stake. Trading errors are pretty easy to commit when your mind is playing tricks with your decisions — and many novice and professional traders fall prey to such jumbled actions.

Renowned and reputed binary options platform Titan Trade recognizes stress issues that leads traders to the point of executing emotional trades. The firm goes beyond the contrary beliefs that blame one’s lack of analysis or strategy when a wrong trade is placed; instead, it understands how traders could face the deficiencies in emotional control, which turn out to be the main causes of dark trades.

Revenge Trading

Titan Trade believes revenge trading to be one of the most common traits found in traders. In it, a trader tries to cover up his previous losses by placing larger trades with maximized risks. It is similar to a gambler who loses one hand after another on a poker table, and buys-in more chips while expecting a major hand to recover all that was lost before.

It is the novice traders who usually fall victim to revenge trading. Their initial loss generates frustration — a certain temper towards the market — and they start feeling that the market has taken something that belonged to them. In their determination to recover the money, they place a position that could be three-four times larger than their usual trades. Such actions ultimately upset the overall trading strategy, which leads traders to further huge losses.

Greedy Trading

In case traders experience a couple of successful trades in line, they tend to believe that it’s their lucky day. It appears as if everything is going according to their plans, as they get a right size of returns from their early positions. But instead of saving this profit and betting only on original principal, traders get greedy and try to all-in. They sometime double the size of their position, while being convinces that they have a pretty shot. But usually, such decisions backfire and leave them empty handed. This phenomenon is called Greedy Trading.

Titan Trade recommends its clients to always stick to their original trading plan — all the profits must be saved time-to-time.

Over Trading

Over Trading refers to a circumstance where traders open positions excessively. They usually turn blind to differentiate between good positions and bad positions, and deliberately place trades for each input signal. These positions initiate many transactions, among which most turn out to be bad transactions. It is therefore recommended to stick to the original trading plan, select positions wisely and place amounts you can afford. Learn to wait patiently for a good setting that matches your entry criteria is a key element for future success in trading, says Titan Trade.

Inconsistent Trading

You had three consecutive losing trades (your stop losses were triggered), your confidence in yourself has been somewhat affected due to these losses and so you decide to wait patiently for the next positive signal to continue your trading plan. The market finally rewards your patience and you spot a good input signal. You benefit from opening a position.

Despite the fact that the signal meets the requirements of your entry criteria on the market, the transaction does not take long to hint a loss. You fear another significant loss, so you decide to save this small loss and close the position. Shortly after closing the position, you find that the currency pair moves in the direction you anticipated. You observe the evolution from “the sidelines” and your frustration increases as your confidence hand in the opposite direction.

When an opportunity is lost, traders are prone to face the frustration of losing out and make more bad decisions. But always remember to stick to your original strategy, no matter what happens. In the end, binary option trading is all about staying consistent than lucky.

Learn to Lose

To learn how to win, one must learn how to lose. The saying is true for all aspects of life, including binary options trading. A trader must be prepared to face losses when he starts online trading. But the best he can do for himself is playing by his own rules to minimize these losses, whenever they occur. They have to take a certain pledge — a holy vow — before stepping into trading business. It goes like this:

We know we will face losses, so we must take every precaution to minimize their impact on our capital. We must focus on cutting our losses before they become too monstrous to deal with. We must excuse ourselves from betting in highly volatile and risky markets or trends. We must never rush into trades, and should stay calm to fare better in the binary options market. And we should simply avoid trading when faced with major emotional and financial troubles — that’s how we emerge as winners — big or small.

Always remember to keep a positive attitude; never eat more than you can chew; try to be less impulsive when dealing with losses; and overall, get used to controlling both optimism and pessimism.

Titan Trade promises to support traders in their journey to become a successful online trader. Check our review to know more about their services.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Price At $145,000 In September? Bullish Dojis Suggest Upward Move

Crypto analyst Stockmoney Lizards has provided an update on the current Bitcoin price action, predicting that the flagship crypto could...

Scott Matherson 8 hours ago

Bitcoin Hyper預售火爆臨界點!6小時內漲價 442%質押年化收益引爆市場

Bitcoin Hyper (HYPER)自上線不到一個月以來,預售融資即將突破180萬美元。 作為比特幣(BTC)最新且最快的第二層解決方案,Bitcoin Hyper 旨在將比特幣網路從“貨幣的互...

estherw 10 hours ago
Stablecoins Heat Up as South Korea Renounces CBDCs: Why Best Wallet Wins

South Korea Pauses CBDCs, Stablecoins Heat Up: Here’s Why Best Wallet Wins the New Crypto Framework

South Korea pressed pause on its central bank digital currency (CBDC) initiative, even as its new government pivoted toward promoting...

Aaron Walker 10 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Strong Ethereum Accumulation Detected: LTH Buying Heavy During June Consolidation

Strong Ethereum Accumulation Detected: LTH Buying Heavy During June Consolidation

Sebastian Villafuerte 2 hours ago
Bitcoin

Pundit Warns Bitcoin Is Setting Up Liquidity Traps As It Campaigns For New ATHs

Scott Matherson 3 hours ago

免費比特幣空投獎勵引爆加密社區熱潮 BTCBULL預售倒數最後今日!

Mark Mak 6 hours ago

Premium Sponsors

Press Releases

  • 仮想通貨プレセール残り24時間で800万ドル目前 次の100倍銘柄となるか?

    ...

    10 hours ago
  • 1ドル以下で注目される仮想通貨おすすめ、Solana系トークンに割安銘柄あり?

    ...

    10 hours ago
  • Най-добрите криптовалути преди...

    11 hours ago
  • リップルとSECの訴訟終了後に注目すべき新しい仮想通貨プロジェクトとは

    ...

    11 hours ago
  • BTC

    仮想通貨 おすすめ:BTC Bull...

    11 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.