new nickel discovery "cyclops" 1.1km x 500m, page-10

Doogsie,

Thanks for your theoretical essay on human emotions. Would have thought that understanding it so well would help you understand exactly why you should keep your emotions in check when deciphering a trading or investment decision. It's the difference between success and failure.

Making a decision based on history does not require emotion, it requires a clear anaysis and subsequent opinion. I am not stating, that I have never let emotions cloud my decisions, or that I have no emotions - although some would argue that :-). In fact it happens often. That is human nature. But I have found a direct correlation in my own decisions that shows my best success is when I have had no emotional attachment to a stock, for whatever reason.

This is why charting works. Firstly it can pick up on emotional states, allowing you an advantage, and secondly, following pure charting philosophies takes away the emotional factor. Fundamentally this is alot harder to do, but still possible if you try hard enough.