Starting Small
Tuffty -
When I first started trading I traded very small amounts and I made lots of mistakes. I learnt from my mistakes and as I built up my own system and became more sure of my abilities I increased the amounts.
Everyone -
I think that emotion gets in the way of trading and a trader should work towards trading without emotion. I believe that emotion blocks intuition which draws on our experiences that are stored in our subconscious. By removing emotion from trading we are opening the channel to our subconscious and thus allowing intuition to flow freely. This may be what the book is refering to.
Tuffty said:The Bramble
I don't understand your 'small trade' theory to overcome feelings/emotions. You seem to be saying I'm not allowed to make the trades big enough to care about them. Fine, but if I make 10 of those trades that as a whole do very well or very badly then I will still have the problem of fear and greed with regard to the next 10 trades as a whole. Isn't that like saying I love my wife/husband but really don't care about them on a day to day basis.
Tuffty -
When I first started trading I traded very small amounts and I made lots of mistakes. I learnt from my mistakes and as I built up my own system and became more sure of my abilities I increased the amounts.
Everyone -
I think that emotion gets in the way of trading and a trader should work towards trading without emotion. I believe that emotion blocks intuition which draws on our experiences that are stored in our subconscious. By removing emotion from trading we are opening the channel to our subconscious and thus allowing intuition to flow freely. This may be what the book is refering to.