Continue reading...I’ve often been asked how I manage to work in this profession without losing my mind. The truth is, I think I have lost little bits of it over time. Just kidding! Seriously though, I don’t blame people for thinking that traders must be a bit crazy for doing what we do and, quite honestly, I think we must be able to handle the volatility from both the emotional/mental and financial perspectives.
I watched a very interesting video presented by a YouTube channel called “After Skool” that delved into emotion vs logic and how we live in a world that places far more emphasis and importance on the latter than the former. Among the many other insightful things that were stated by the narrator, probably the most important insight was that emotion is directly linked to your gut instinct far more than logic and that it’s nearly impossible to separate emotion from our thinking patterns and decision making.
Think of it this way, if I asked you how your day was you’d most likely say it was good...
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