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Becoming an Emotionally Intelligent Trader

From dailyfx.com

-Why Emotions Get Shunned By Traders -A Better Way to Look at Emotions -Applying Your Emotions to FX Trading Appropriately “Instead of hoping he must fear and instead of fearing he must hope.He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit.” -Jesse Livermore We’re only in it for the money. That key trading concept is obvious but shouldn’t be forgotten. The reason why this mantra is key is because we’re not into trading for the following reasons: -To Beat the Market -To Show People How Smart You Are -To Feel Excitement through use of Aggressive Leverage ... (full story)

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