Where money is involved so are emotions. Most people are quite skilled in trading but they can’t cope with their emotions. Emotions of a person are usually the biggest obstacle to achieving success in trading. In order to become a successful trader one cannot trade emotionally. One must trade logically. Our egos make us want to be successful 100% of the cases, but the truth is that nobody is successful 100% of the time. Not even the professionals.
- Achieving success by professional traders involves understanding that the market is about logic, not emotions.
When one trades logically, not emotionally he or she is likely to be one of the 10% who trade successfully all the time!
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