Trading is difficult enough without the emotions!
Add in the negative emotions of Greed and Fear and you have a combustible mix which will surely detract from your performance.
Instead, think of stock market in terms of Gratitude and Charity. When we have a win, we are grateful for it. When we have a loss, we think of it as a charitable donation to your education fund.
Your life as a trader will be simpler this way!
Watch the video below for an explanation of my recent winning trade in COST and a loosing trade in GILD and how it affected me psychologically.
#trading #psychology #stocks
-Alex
Add in the negative emotions of Greed and Fear and you have a combustible mix which will surely detract from your performance.
Instead, think of stock market in terms of Gratitude and Charity. When we have a win, we are grateful for it. When we have a loss, we think of it as a charitable donation to your education fund.
Your life as a trader will be simpler this way!
Watch the video below for an explanation of my recent winning trade in COST and a loosing trade in GILD and how it affected me psychologically.
#trading #psychology #stocks
-Alex
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