@irwanwd Because I think it is good, that is, we are human, it is in our soul, it is necessary. But it can be like a sharp sword when it comes to trade because we can make serious and costly mistakes for our capital.
Agree. but..... I think the way people are trading makes a big difference. If you are a trader who..
1. Watches his trade when he´s entered the market.
2. Doesnt have a clear strategy traded for at least 6 Months on a Demo
..then emotions will become a major part of your trading decision instead of a good strategy..
Like all areas of life, emotions affect us...ALL of us. Key is knowing when they can take over and lead to bad judgements so we take steps to to avoid these situations.
Market is no different...this is money and it affects us. If we see the market moving up and down, our heart rate WILL go up and down as well because this is real money we talking about...
If we know that we´ll get angry if somebody steals our car, money, girlfriend/boyfriend, you take steps to ensure it doesnt happen...locks, alarm, being a good partner etc. crimes off passion aint no joke..
Thats why once a trade is open, you HAVE to assume that the strategy will work and hit your target-most of the time without the need to look at it every minute. If you cant, then it means that your strategy needs some more work.