Our friends at Tradeciety.com asked:
How do you deal with emotions in your daily trading? What are your tips and suggestions that help you avoid, if possible, making emotional and psychologically caused trading mistakes.
Trading on tilt is the 8 hundred pound gorilla on every trading station. On our desk today there were a few desk slams in this $ FB, Facebook, as it changed direction as fast and frequently as an NFL running back. Managing your emotions as a trader is well…..manageable.
In this video, I outline ways to help manage your emotions: