I disagree.
No matter how you may try
to trade like a program or turn the emotion off, you are human and your emotions
will always be attached to your trading.
Instead of trying to ignore them, your job
instead is to use your emotions as a tool. For example, learning when to
recognise the signs when your trades are emotionally driven and
which vary from your strategy can prove quite helpful. It is also important,
which I think is in agreement with this rule, that the more systematic you make
your trading – for example having a preset game plan (stops and price
objectives) for every trade you make BEFORE you make it can help keep your
emotions in balance so that your trading does not become emotionally driven.
Again, the important thing is to learn to work with your emotions, not try to
fight against them.
For further research I recommend reading "The Trading Tribe" and "Trading In The Zone"
For further research I recommend reading "The Trading Tribe" and "Trading In The Zone"
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