1. Greed
Almost all traders are familiar with this type of emotion, namely the desire to gain profit as much as possible in a very short time. The greedy nature arises from excessive
confidence. Usually occurs after the trader gets the profit in a row.
2. Fear
The fear of market entry usually occurs after the trader loses consecutively. Within reasonable limits the fear has a positive impact in trading. Fear is basically a natural
response in order for us to survive in the marketplace.
3. Hope
Excessive or unrealistic expectations in trading can be dangerous. Hope for always profit often deviates trader from agreed trading plan. If the trader turns into a profit,
with the habit of expecting an excess he will tend to be greedy (greed).
4. Regret
Continual regret will crush the trading slowly. Retribution usually arises after the trader loses multiple entry times, incorrect entry or after suffering substantial losses.