10/25/02

lets all take a look at ELX breaking through... might be a decent long...

im currently sitting in TXN and AIG... quite Possibly going into ELX on the high...
 
Originally posted by OPTIONAL777


It must just eat away at you to know that money is being made by trading, and you don't have the emotional tools to handle being a trader.


?
 
Originally posted by dgmodel
what did you mean by emotional tools???

Tools, equipment.

If someone is not equipped for a job, it is common to say they don't have the tools.

The key tool for successful trading is owning the right emotional tools, i.e. developing the ability to handle fear, greed, and ego---and not have them influence the next trade after either a win or a loss on the last trade.
 
ahhh i see... thank you...


(are there any ways to curtail or train your emotions to refine your trading skills / abilities???)

or the only way is to learn through painful mi$take$???
 
Originally posted by dgmodel
ahhh i see... thank you...


(are there any ways to curtail or train your emotions to refine your trading skills / abilities???)

or the only way is to learn through painful mi$take$???

Hard to say. Some seem to come to the game with already equipped, some need to learn.

Admitting that you need help is the first step to recovery.
 
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