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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (24428)	4/10/2002 8:09:41 AM
From: Joe Copia	Read Replies (3) \| Respond to of 25711

Hesitation Insight "Fear is the most debilitating of emotions because is shrinks from confrontation with its object. This withdrawal lends itself to the formulation of fantasies which are difficult to disengage from. In its inability to confront reality, fear is the source of all chronic feelings of inadequacy and inner emptiness. The main problem with fear is that it is self-reinforcing. When we act upon the basis of fear, the fear increases." - F. J. Chu, author: The Mind of the Markets

To: Joe Copia who wrote (24428)	4/15/2002 8:14:33 AM
From: Joe Copia	Read Replies (1) \| Respond to 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