Traders believe emotions are the most important aspect

Traders believe emotionsMany traders believe emotions are the most important aspect of trading psychology. This is only partially true. Feelings and emotions are certainly important. Traders cannot make reliable decisions without them. Strong emotions such as greed, anger, and especially fear can significantly influence trading and cause erratic  trading behavior.

However, emotions are not the only thing that can influence trading. Thoughts and the way we think also play a significant role. Sometimes, thoughts ignite strong emotions and thinking almost always amplifies them. At other times, emotions play little part in poor trading decisions.

Less familiar to many traders is the role that our mind and our thinking plays in trading and the way we make trading decisions.

Dr Gary Dayton

Igor Marinkovic

Electronic engineer, futures trader and property investor and total beginner in making good web sites

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