Oct. 24, 2009
Our emotions are not the enemy of traders - they fulfill useful functions, e.g. they pick up market nuances ignored by the conscious mind, they warn us we are trading too large a size etc. The key to our emotions is to be aware of them, acknowledge them and then decide if it is the fight or flight speaking or the voice that is warning us of danger. As traders we make emotions our ally and a voice in our trading operations.
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