[HOME]
Sign-up for our 21 day free trial!

The contents on this page are a small sample of StockTradersHQ's member resources (FREE Trial!)


1. Our staff of professional technical traders analyze 1,000's of potential stocks every day to provide you with a list of stock picks with the greatest potential for explosive gains.

2. These stockpicks are traded with our real-time portfolio. Email alerts are sent for every entry and exit. Through the member-only website, you will have our support every step of the way.

3. Our subscription service provides all the resources, stock picks and tools an investor needs to make very profitable, consistent trades while maximizing gains and minimizing losses.

SEE OUR TOP PICKS FOR 2006...

The Enemy Within

The Enemy Within 
Your emotions are your greatest enemy. One of the most difficult aspects of trading in today's market is handling your emotions. For many months we have struggled through a market and an economy that has been difficult to say the least and frankly it has been very emotional for many.  To say do not get emotional is pointless. Everyone is emotional about money and is one of the most significant obstacles to trading success.  Large losses manifest as fear and large gains manifest as greed. Both are equally destructive to further success in trading. 

The memories of the large losses or large wins stay with us and cause an inability to move forward.  Our challenge is to learn from those trades and not make the same mistakes as well as duplicate what we did that was successful.  In the case of a loss yes remember what went wrong but forget about the trade.  It is a fine line but the best traders forget about a loss the minute they take it and move on. They are confident in their system and their ability to execute it. It is not about the money for these people. It is about finding a system that will bring them more profits than losses. The best traders know how to take losses and not become depressed angry jealous disgusted or defeated. They know how to take gains without gloating boasting or becoming outrageously happy. They only see the trade that they are about to enter not the trade that just ended. All past trades are out of sight and out of mind. Refer to your trading journal to review your trades to find out what worked and what did not but do not dwell on any particular trade. 

Fear is a learned response to a particular event or probability. In the case of trading when you have a trade that goes bad the regret and frustration can carry over into the next trade. Or worse the fear is so consuming that you do not enter your next trade. Of course Murphy's Law dictates that the trade you do not enter turns out to be the stock that has the big gain and is the one that you should have entered which only compounds your frustration and adds to your greed. This particular problem is fueled by the expectation that every trade you enter should be profitable and we all know that not every trade will be profitable. 

Greed creates the opposite problem. With a couple of consecutive winning trades the ego can enlarge and feeling invincible overcomes logic. This will ultimately lead you to trades that you normally would not have entered. Finding good trades is hard enough while finding poor trades seems to get much easier after a couple of winners. Never mistake genius for a little luck. 

Fear blinds us to opportunity; greed blinds us to danger.  Emotions cause perceptual distortion and get in the way of logical thinking.  It is important to recognize your emotions and more importantly how they affect your investing and trading approach.  Emotions cannot be eliminated but they can be controlled.  You must be under control when you trade. Somebody sold KOSP today at $50.71.  They lost control; do not let this happen to you.  Keep your stops in place and take the emotion out of the trade.







Copyright 2003-2006 StockTradersHQ.com is owned and operated by The Winners Edge a subsidary of DMC Systems LLC. All rights reserved.   This web site is optimized for Internet Explorer 5.0 or greater!DISCLAIMER  [Articles| Bulletins| Charts]

^GoTo Top^

 
Buy Outlet Canada Goose Jackets Parka Online Buy Replica Prada Clutch Bags Online Buy Replica Hermes Birkin Bags Online Buy Replica Celine Clutch Bags Online Buy Replica Christian Louboutin Shoes Heels Online prada bags replica celine bags replica christian louboutin shoes replica hermes birkin replica canada goose jackets outlet Replica Canada Goose Jackets Parkas Coats Vests Outlet Sale Replica Hermes Birkin Bags Kelly Handbags Replica Prada Clutch Bags Messenger Handbags Outlet Sale Replica Celine Luggage Tote Bags Replica Christian Louboutin Shoes Heels Sandals Pumps Outlet Sale Canada Goose Jackets Sale Prada Mini Luggage Tote Bags Sale Hermes Birkin & Kelly Bags Sale Celine Mini Luggage Tote Bags Sale Christian Louboutin Shoes Heels Sale Celine Bags Luggage Tote Mini Outlet Sale Prada Bags Clutches Purses Outlet Sale Canada Goose Jackets Outlet Sale Toronto Christian Louboutin Shoes Boots Outlet Sale Hermes Bags Birkin Purses Outlet Sale Canada Goose Jackets Canada Goose Jackets Outlet Authentic Canada Goose Outlet Buy Canada Goose Outlet canada goose outlet cheap canada goose sale Canada Goose Online Jackets Canada Goose Parkas Outlet Buy Canada Goose Parkas Cheap Canada Goose Jackets Canada Goose Outlet online Cheap Canada Goose Men Jackets canada goose cheap canada goose men outlet canada goose outlet canada goose jackets sale Official Canada Goose Jackets Men Online Shop Official Celine Bags Luggage Tote Mini Online Shop Official Prada Bags Luggage Tote Online Shop Official Hermes Bags Birkin 30Cm Online Shop Official Christian Louboutin Heels Shoes Online Shop Designer Christian Louboutin Shoes Heels Sale Outlet Designer Celine Bags Luggage Tote Sale Outlet Designer Hermes Bags Birkin Sale Outlet Designer Prada Bags Messenger Sale Outlet Designer Canada Goose Jackets Men Sale Outlet Cheap Canada Goose Parka Canada Goose Jackets Online Hermes Bags Birkin replica Prada Bags Clutch Sale Replica christian louboutin shoes outlet Canada Goose Men Jackets Outlet celine Luggage Tote bags Canada Goose Outlet Store canada goose outlet Hermes Birkin Handbags Outlet Sale Celine Handbags Trapeze Outlet Christian Louboutin Shoes Outlet Sale Prada Handbags Clutch Outlet Sale Canada Goose Parka Outlet Sale canada goose mens parkas Christian Louboutin Shoes Outlet Celine Micro Luggage Tote Bags Outlet Canada Goose Jackets Men & Women Outlet Prada Clutch Bags Outlet Hermes Birkin Bags 30Cm Outlet replica hermes handbags, celine outlet online, replica louis vuitton handbags, canada goose outlet toronto factory, Replica Canada goose Canada Goose coats toronto www.ealatorre.com louis vuitton belts www.azaadsource.com replica louis vuitton Discounted Canada Goose http://www.cvcargo.net/ Canada Goose Outlet online