Trading Psychology | JUN 2000
The Volcanic Trader by Adrienne Laris Toghraie
The Volcanic Trader by Adrienne Laris Toghraie Your temper can torpedo your profitability. Find out if itŐs a problem and how to handle it. When a trader buries his or her emotions because he does not know how to express himself appropriately, these emotions fester. Once the sum of these unexpressed feelings reaches a critical mass, a single, insignificant annoyance is enough to release them in an eruption of inappropriate anger. What was the occasional result from this? This volcanic eruption of anger creates the move that breaks the traderŐs account. The potential for emotional buildup and subsequent eruptions becomes an occupational hazard, especially if a trader is whipsawed by windfall profits and devastating losses or a steady stream of small losses.
by Adrienne Laris Toghraie
Technical Analysis of STOCKS & COMMODITIES
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