Joe Copia's daytrades/investments and thoughts Message Board

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

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To: Joe Copia who wrote (24428)	4/15/2002 8:14:33 AM
From: Joe Copia	Read Replies (1) of 25711

Stress Management "Chief among the factors that lead to cycles of defeat is stress. In trading, one's money is always on the line, often on a tick-by-tick basis. One is always exposed to loss. The uncertainty of what will happen leads traders to "believe" certain things must happen and these beliefs often interfere with correct observation about what is happening. In this state, traders will make substantial errors in judgment and action." - Jea Yu, author: The Undergroundtrader.com Guide to Electronic Trading

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