Trade What You See, Not What You Think Message Board

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Strategies & Market Trends : Trade What You See, Not What You Think

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To: h.g. who wrote (377)	2/1/2001 8:27:15 AM
From: Dominick	Read Replies (1) of 867

h.g.: I wonder if a consensus could be reached? Would you agree that barring any chemical imbalances, emotions occur only if you care about the subject matter. For ex. Throwing trash out the car window means nothing to one but drives another up a wall. Or one has no respect for life yet is devastated when a love one dies. Or you are successful at paper trading emotion free,(no risk of loss).. So If greed or fear appears while trading then the bottom line is you care about the money or winning. Could a consensus also be reached that to really overcome an emotion one has to be climatized to it. For ex. phobias. To really overcome a phobia you should expose yourself in small increments until you are comfortable in each phase. So could the answer be to control emotions while trading you must train under a controlled environment of that emotion until you are comfortable in it and can function correctly under the pressure. Anything else is a waste of time because it doesn't generate the interfering emotion. Some examples of those that have trained to achieve that status are those in one on one competition like boxing, figure skating and public speaking. Just a thought, Dominick

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