Your Worst Trading Enemy.. You Message Board

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Strategies & Market Trends : Your Worst Trading Enemy.. You

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To: Ally who wrote (192)	2/6/2001 3:44:29 AM
From: shawnwolff	of 223

To: Ally ..I have to totally disagree with you on that.. The first thing I want to bring up is that I strongly feel that emotions arise in all types of trading, whether you are using a long-term or short-term strategy. I personally in the last year have felt much more emotional about my "investments" than I ever have in a daytrade. Emotions in trading is a broad issue that affects everyone. No matter whether our focus in long or short, our universal goal is to make money, and that will inevitably bring hope and greed into the picture. NO ONE is 100% correct in their trading over a longer period of time, so EVERYONE is eventually faced with the issue of what to do when faced with a losing trade. And every type of trading, no matter what the time-frame, requires one to be objective and disciplined in following rules. - Shawn

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