Sentences with phrase «fear and greed take»

Finance is a perverse area of life where fear and greed take over.

Not exact matches

Visualized, these stock markets may take the shape of a turbulent ocean with waves made of human hopes, dreams, greed and fear.

It helps me keep my reins tight on greed and fear (to which it is so easy to fall prey to) so that i can take good care of my money.

Taking dozens of trades in a flurry will only cloud your analysis and fuel your feelings of fear and greed.

In my small unique book «The small stock trader» I also had more detailed overview of tens of stock trading mistakes (http://thesmallstocktrader.wordpress.com/2012/06/25/stock-day-trading-mistakessinceserrors-that-cause-90-of-stock-traders-lose-money/): • EGO (thinking you are a walking think tank, not accepting and learning from you mistakes, etc.) • Lack of passion and entering into stock trading with unrealistic expectations about the learning time and performance, without realizing that it often takes 4 - 5 years to learn how it works and that even +50 % annual performance in the long run is very good • Poor self - esteem / self - knowledge • Lack of focus • Not working ward enough and treating your stock trading as a hobby instead of a small business • Lack of knowledge and experience • Trying to imitate others instead of developing your unique stock trading philosophy that suits best to your personality • Listening to others instead of doing your own research • Lack of recordkeeping • Overanalyzing and overcomplicating things (Zen - like simplicity is the key) • Lack of flexibility to adapt to the always / quick - changing stock market • Lack of patience to learn stock trading properly, wait to enter into the positions and let the winners run (inpatience results in overtrading, which in turn results in high transaction costs) • Lack of stock trading plan that defines your goals, entry / exit points, etc. • Lack of risk management rules on stop losses, position sizing, leverage, diversification, etc. • Lack of discipline to stick to your stock trading plan and risk management rules • Getting emotional (fear, greed, hope, revenge, regret, bragging, getting overconfident after big wins, sheep - like crowd - following behavior, etc.) • Not knowing and understanding the competition • Not knowing the catalysts that trigger stock price changes • Averaging down (adding to losers instead of adding to winners) • Putting your stock trading capital in 1 - 2 or more than 6 - 7 stocks instead of diversifying into about 5 stocks • Bottom / top fishing • Not understanding the specifics of short selling • Missing this market / industry / stock connection, the big picture, and only focusing on the specific stocks • Trying to predict the market / economy instead of just listening to it and going against the trend instead of following it

Manage emotions so that excessive greed and fear do not cloud judgement and force the trader to take huge risks and bear huge losses.

One of the hardest things to do is to actually follow these rules in real time, it will surprise you that you will not want to take an entry out of fear and will not want to take an exit out of greed.

Attendees will learn how to take fear and greed out of their psychology and replace it with discipline by well thought out high probability trading.

Visualized these stock markets may take the shape of a turbulent ocean with waves made of human hope, greed, and fear.

It helps me keep my reins tight on greed and fear (to which it is so easy to fall prey to) so that i can take good care of my money.

I know last month's article was a little depressing but it was important and here's why: We take daily actions in pursuit of a better life, to move away from pain and towards happiness, while the underlying emotions of fear and greed drive us.