Post
Topic
Board Trading Discussion
Re: Never Trade on Emotions
by
KingsDen
on 10/03/2023, 11:59:12 UTC

- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
Funny enough all the above qualities you mentioned are qualities of man and they are manifested at different times due to certain condition that the fellow is in.
There is one you didn't include and that is excitement.  Maybe because your trade is going well, you can no longer stick to your budget or stop trading at the appropriate time until you blow your portfolio.

To be sure that you have mastered the act of trading, you must be able to control these emotions and also develop a reasonable degree of patience.  Trading is more about emotional manipulations mosh times  and that is why it is sometimes likened to gambling.