Like to say something about respect for the market, which is always right. As traders we must show it the respect. Over the years I've seen testosterone/adrenaline pumped traders do things like making rude finger gestures at the trading screen, banging the keyboard down on the table, swearing at the screen and banging the table with the fist. There was one local trader, who shorted the fcpo early one morning. The market proceeded to trend up, and the trader averaged up short all the way.(and probably swore all the way) That was his last day trading as a local....
show the market the respect it deserves.
Labels: commodities, fcpo
posted by emacro @ 12:27 PM
2 comments
2 Comments:
cool bro..
Effective trading requires discipline. Without emotion eontrol there is no discipline and a 'me vs the manipulator' mindset is destructive.
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