4 Costly Trading Emotions

  There are four psychological states of emotions that can affect decision making when trading. They are greed, fear, hope and regret. You must always make your decisions on your interpretation of the facts. You interpret what is, not what you want to be. The market neither knows or cares about your feelings. So they are not relevant facts. If you allow these emotions to overly affect your decisions then your trading will suffer. But you cannot turn off your feelings, and you should not try.  So, what’s a trader to do?   Greed Greed is commonly thought of as … Continue reading