Thursday, January 14, 2010

Trading and Emotions: A Self-Appraisal

Because trading condenses risk and reward into relatively brief but ongoing episodes, it evokes a range of emotions among market participants.

Where do you stand with respect to these emotion pairs?


CONFIDENCE . . . . . . . . . . ANXIETY

HAPPINESS . . . . . . . . . . REGRET

SATISFACTION . . . . . . . . . . FRUSTRATION

MOTIVATION . . . . . . . . . . DEPRESSION


Is your learning process structured in a way that will maximize positive emotional experience?

Are you trading in a style that can leverage your strengths and maximize your positive experience?

It is difficult to be market focused if we are battling negative emotions; so much of success in the learning process is setting ourselves up for success and fulfillment--even when we're making the usual, expectable mistakes.

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