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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (24301)3/20/2002 7:47:22 AM
From: Joe Copia  Read Replies (1) of 25711
 
THOUGHT

Emotion disables you to commit to a specific trading objective, and then controls your fear of losing so you don't trade intelligently. Fear of failure and/or Greed traps many traders in a narrow/large trading range, making them inconsistent in their profitability. Once "poker-faced" , you can follow the market trend, cut your losses, and let your profits run.
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