Email Campaign Archive

When you don’t have the fundamental knowledge about something and can’t estimate risks and rewards, you turn to your intuition and emotions. Hope, fear and greed are popular emotions but by no means can they be strategies. Decisions should never be based on emotions: positive emotions can strip you off the risk precautions, while negative emotions can trigger hesitation. The ‘big boys’ of the stock market can easily leverage your decision-making by spreading rumors and, for example, ‘shaking stocks off weak hands’: you get emotional and do exactly what they need you to do. Do you like being manipulated? Probably not. Then isn’t it better to have your own trading system, which is based on facts, not on emotions? 

Trading is a psychological game. Most people think they're playing against the market, but the truth is: the market doesn't care.  You're really playing against yourself, against your emotions that paint a simplified picture of the actual market. But the reality is that complicated situations cannot be resolved with simple intuitive decisions.