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 Logic and Emotions
 
 2/8/2007 5:50:06 AM
User is offlineNelson
4 posts


Logic and Emotions
In my trade the gain peaks up when I reduce the process to mere necessities having few temptations and conclusions. Please suggest me to improve further.
 2/8/2007 6:38:25 AM
User is offlineBrianTran
155 posts
5th




Re: Logic and Emotions
Like Trader Vic says, "Think in essentials". When a trader builds an idea into simple concepts and setups, the less stress he'll be in to take the place and calm to be logical. This goes hand in hand. When a trader incorporates too many steps in the process (that is, too many indicators, confirmations, charts), this is only confuses his interpret, resulting in not taking the trade as calmly as he should. He may end hesitating on taking a good setup. The only way is to build a daily routing.

Once the routine has been set up and repeated over and over, the stress level will come down. This routine is built from practicing on demo accounts. This will help in working on the routine and find a profitable strategy. Eventually the emotion will not a major factor in trading decisions.
The sum is greater than its parts.
 2/8/2007 6:58:47 AM
User is offlineZackery
4 posts


Re: Logic and Emotions
That’s good. Just go ahead. Excessive logic is directly proportional to your emotions. So don’t mess up with logics more, save your time and deduce a strategy to achieve your goal. Don’t apply the more moving parts because they generally tend to be wrong and upset you, and may lead to quit your trade.
 2/12/2007 9:52:36 PM
User is offlineBrianTran
155 posts
5th




Re: Logic and Emotions
That actually makes sense, the more logic is used the more emotions will be affected. Not sure if it happens outside of trading, but certainly in trading it is. The more the confirmations and signals are needed the more the confusion will cause, thus anxiety and uncertainty are the factors that will be drawn out, leading to unstable mental state which will get the trade off badly.
The sum is greater than its parts.
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