sb""6) drinking about 10 mugs of coffee, gotta be on a high with...

  1. 1,227 Posts.
    sb

    ""6) drinking about 10 mugs of coffee, gotta be on a high with adrenaline flowing."""

    Wrong mental state to be in to be trading imo, in fact, it should be exactly the opposite. You should aim NOT to be emotional about a share or a particular trade. This is a difficult state to achieve, but I think that after trading for a while, and with appropriate risk and capital management strategies in place, this state of mind becomes easier to achieve.

    What I have found worked well for me was to accept that losses do occur, and to accept that you must take the losses with the gains. It helps also to have a good profit ratio, as well as to review the bad trades to check if there is anything that could have been done differently.


    Having said all that, there would be some people out there who can be hyped up and still make decent trading decisions.
 
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