Quote from: RahulBaria1987 on June 08, 2020, 07:29:36 AM

Quote from: Twinkledoe on June 08, 2020, 07:27:51 AM

Do you have at least reference on what you are saying here or just your pure opinion on this matter? We know that the 2 items have impact on your decisions but would appreciate if there are some kinda study about this.

It is my thinking only.. and learnt from YouTube video..not only for traders but for all humans...

OP's point with or without reference is still a valid advice. Emotional quotient (EQ) is something that I see is lacking for a lot of traders and investors losing money because without it they can certainly do quick and bad decisions as their decisions are always clouded by their emotions during these kinds of situations. I know trading related books will always discuss purely about technical analysis but they are always leaving out the psychological aspect of trading and this is where traders are mostly vulnerable off. You master TA as well as controlling your emotions then I think you are prepared to accept winnings and losses at the same time.