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How to control the Emotional Conflict.


Discussion in Psychology and Money Management

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  #21 (permalink)
 
Devil Man's Avatar
 Devil Man 
Fort Lauderdale
Legendary / Stochastic Calculus is not your friend
 
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Platform: Ninjatrader, Python API
Broker: CQG
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FDateTrader View Post

So how did I get mastery over my emotions?

I didn't.

@FDateTrader, I appreciate your insight...having been a trader for just a short time compared to you....the hardest thing I've had to deal with IS emotions....but from outside the realm of trading. Life stuff has really taken a toll on me so many times, some how, some way I have survived and LEARNED to cut my losses quick...and quit while I'm ahead.

Thank you for sharing!

JD

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  #22 (permalink)
 FDateTrader 
Fayetteville Arkansas USA
 
Posts: 5 since Sep 2013


Devil Man View Post
@FDateTrader, I appreciate your insight...having been a trader for just a short time compared to you....the hardest thing I've had to deal with IS emotions....but from outside the realm of trading. Life stuff has really taken a toll on me so many times, some how, some way I have survived and LEARNED to cut my losses quick...and quit while I'm ahead.

Thank you for sharing!

JD

My pleasure JD.

No trader should feel bad about having to deal with emotions. What they need to do is to learn to COPE with it and WORK around it.

I've dealt with hundreds of trading students over the years and what I had found was that the winners and losers both had emotions getting in the way. However, the winners learned to keep risk low, and have confidence in their chosen method of trading.

Good job on what you have LEARNED!

Cheers!

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Last Updated on September 9, 2013


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