R U AN EMOTIONAL TRADER, ASK YOURSELF?

ONLY PROFESSIONAL TRADERS MAKE MONEY IN THE MARKET ON A CONSISTENT BASIS, IT IS ONLY THEY WHO CAN MAKE A LIVING OUT OF THE STOCK MARKET,IF YOUR AN EMOTIONAL TRADER, THEN EITHER YOU LOSE YOUR CAPITAL OR YOU NEVER ARE IN PROFIT ON YOUR PORTFOLIO.

ANSWER THESE QUESTIONS TO KNOW IF R IN THE WORLD OF EMOTIONAL TRADERS:

1) FEAR OF LOSING PROFITS(YOU CUT YOUR PROFITS SHORT DUE TO CHANGE OF PLAN BECAUSE OF THE FLUCTUATIONS OF THE STOCK PRICE DURING MARKET HOURS).

2) YOU HOPE TOO MUCH WHEN THE STOCK GOES YOUR WAY AND YOU ARE IN GOOD PROFITS, BUT JUST FORGET TO HAVE A TARGET TO SELL STOCKS AND DONT EVENTUALLY SELL THE STOCK, BUT KEEP HOPING AND WAITING FOR MORE INCREASE IN STOCK PRICE DUE TO YOUR GREED.

3) FEAR OF LOSING TOO MUCH MONEY, THEREFORE SELLING YOUR STOCK TOO EARLY WHEN IT GOES AGAINST YOU, AND HAVING INPROPER STOPLOSS AND THEN THE STOCK EVENTUALLY RUNS BACK UP

4) MORE CONCERNED ABOUT OTHER ANALYSTS BEING RIGHT OR WRONG ON MARKET DIRECTON, BUT NOT FOCUSED ABOUT HOW YOU CAN MAKE MONEY ON INDIVIDUAL STOCK MOVEMENTS.

5) YOU LOSE MONEY ON CONSISTENT BASIS, BUT NEVER TRY TO FIND OUT WHAT IS WRONG WITH YOU THAT MAKES YOU LOSE MONEY, EVEN IF YOU KNOW IT, YOU TRY TO IGNORE IT DUE TO YOUR EGO.

6) NEWS SCARES YOU AND IF DOW JONES FALLS OR OTHER MARKET ARE DOWN, YOU PANIC THINKING OUR MARKET WILL CRASH

7) NO MONEY MANAGEMENT, NO STRATEGIES, NO PROPER PLAN FOR STOCKS, JUST BUY AND BUY BECAUSE THIS STOCK IS GOING UP, AND YES YOU ARE WATCHING THE STOCK PRICE ON THE SCREEN AND HEART GOES POUNDING BUY, BUY, BUY NOT KNOWING ITS AT THE TOP.

8) HOPE TOO MUCH FOR THE STOCK TO GO BACK UP ONCE IT GOES AGAINST YOU AND IS MUCH BELOW YOUR PRICE AND NOT CONCERNED TO FOLLOW YOUR STOPLOSS AND EVENTUALLY BECOME AN INVESTOR BY KEEPING THE STOCK FOR LONG TIME.

9) YOUR PLAN IS NOT SO IMPORTANT, BUT YOU LOVE IT WHEN THE STOCK PRICE KEEP GOING UP AND YOUR EMOTIONS ARE RUNNING HIGH, YOU ONLY THINK ABOUT THE MONEY YOU CAN MAKE, SO YOU BUY NOT FOLLOWING YOUR PLAN.

10) YOU NEVER LISTEN TO A PROFESSIONAL TRADER ABOUT YOUR MISTAKES, AND YOU REPEAT THE SAME MISTAKES OVER AND OVER, YOUR EGO DOESNOT ALLOW YOU TO LEARN.

R U AN EMOTIONAL TRADER, ASK YOURSELF, IF YOU R, THEN YOUR IN THE DANGER ZONE, AND YOU HAVE TO COME OUT OF THE DANGER ZONE

WITH ALL YOUR GETTING GET KNOWLEDGE, FORSAKE HOPE, FEAR AND GREED.