Hope and Regret in Trading
Big Swings came in market in August and many traders emotions were
high as Markets were swinging wildly.Many traders "Hoped" of making a
killing and few are living in "Regret" of missing the rally. Lets
analyze both Hope and Regret emotions and understand how these are fatal
for your trading career.
Hope may be the most dangerous of all human emotions when it comes to trading. Hope is what keeps a trader in a losing trade after it has hit the stop. Greed and hope are what often prevent a trader from taking profits on a winning trade. When a stock is going up, traders will often remain in the trade in the “hope” of
Continue Reading
Hope
Hope is a feeling of expectation and desire for a certain thing to happen. It’s an individual’s desire to want or wish for a desired event to happen.Hope may be the most dangerous of all human emotions when it comes to trading. Hope is what keeps a trader in a losing trade after it has hit the stop. Greed and hope are what often prevent a trader from taking profits on a winning trade. When a stock is going up, traders will often remain in the trade in the “hope” of
posted by Bramesh at
3:40 PM
0 Comments:
Post a Comment
Note: Only a member of this blog may post a comment.
Subscribe to Post Comments [Atom]
<< Home