Sunday, November 8, 2009

No way we could control our emotion

We are always advised to control our emotion. Trading wisdom remind us the important of the emotion control. Think about it for a second, can we really control our emotion? We are human being. We are made to be emotional. In fact, there is no way that we could stop our nerve system from the reaction.

The best way, I think, is to walk away from the situation or problem temporary; do something else for the time being or something that you like to do. When we feel better, come back to the situation or problem again. This way, I am pretty sure that we would have different prospective of the situation or problem. This is what I normally do and it works well for me.

When I have a string of losses in my trading, I just stop trading. I off the computer and do something else like meeting friends, going for a good massage or ….. anything would make me feel good.

Think about it.


  1. The best way to control it ;would be not watching it at all! It is either trust your broker with your stop / trigger point or simply park the stop / trigger point yourself ! I did both and I am away from emotions! Hope it helps!

  2. Thank you so much CPO Trader, you are absolutely right. I usual placed stop loss level for all my trades. I use 'Buy Stop or Sell Stop'. I do not use 'Buy Limit or Sell Limit'.