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Old 03-25-2014, 07:49 PM   #9012
Ulic Qel-Droma
I keep RS good
 
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Quote:
Originally Posted by mas604 View Post
I agree, but from what I've read and experienced myself trying to control your emotions is a hard thing to do. We're essentially trying to go against how nature designed us, but it's not impossible it's just really hard. Thinking rationally is a hard thing to do when your portfolio is all showing red...
i can already tell you what you're doing wrong here...

you're making decisions after you enter.

all possibilities that you can think of should be written down for all positions you enter.

and when they happen, you execute it based on instructions you have written yourself. you should also have a plan of what if the unknown happens. something you didn't predict.

you cannot make clear decisions when in a position (winning or losing). when you're in a position you're literally drunk/insane.

"The general who wins the battle makes many calculations in his temple before the battle is fought. The general who loses makes but few calculations beforehand." -Sun Tzu
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