Well, sometimes we never differentiate between these two words, hope and fear, if we really understand them and act according to the situation, we can save our skin from many great losses. When there is time we should hope we keep feeling fear, but when there is time to feel fear we keep making false hopes that we may success.
One of the greatest lines about this situation in trading for every trader,
"There are only two emotions in the market - hope and fear. The only problem is we hope when we should fear and we fear when we should hope."
If we can understand this line and act accordingly, we can keep ourselves away from many complexities and difficulties in trading.
From the original desk of miles ...
One of the greatest lines about this situation in trading for every trader,
"There are only two emotions in the market - hope and fear. The only problem is we hope when we should fear and we fear when we should hope."
If we can understand this line and act accordingly, we can keep ourselves away from many complexities and difficulties in trading.
From the original desk of miles ...
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