Quote from: KingsDen on March 10, 2023, 11:59:12 AM

Quote from: King GK on March 03, 2023, 07:53:44 AM

- 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.

Excitement is closely related to trading in a hurry because you are very eager to reap your profits knowing the market is very positive. But when the market suddenly crash, and you see prices are dropping, then you become easily affected and resort into wrong decision making that will affect your trades. Thats why as much as we can, we should never trade with emotions or at least control it. If we cant do that, I guess we will hardly become successful in trading.