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I have to sympathize with Mike here. I enjoy the research, mathematics
and intellectual challenge, just like any other science. Emotion should
not (and better not) have anything to do with trading. You clock in, do
your job, and clock out.
IMHO, those getting emotional thrills out of "rolling the dice" while they
trade are looking for disaster, and fully deserve the disaster that
they're looking for.
For me a successful and satisfying trade has nothing to do with dollar
profit but rather reliability and proper attack. Like warfare, the means
are as important as the ends, and both the goal and the process are easily
subverted by emotion.
-- John
On Mon, 3 Dec 2001, Mike Higgs wrote:
> Ahhhh. Let me explain. I enjoy my trading. I look forward to it. I
> enjoy the research. It's not everything in my life tho. Once I sit
> down to trade, I shift gears emotionally. I try to strip out as much
> emotion as I can. When I'm trading my fulfillment comes from trading
> my plan with as minimal emotional interference as possible. That's
> how I define a good trading day, not in terms of dollars gained or
> lost. Some folks have described that as dry and boring. There's no
> place for emotion in trading (except for a little bit of fear maybe to
> act as a little safety voice in your ear). It'll get you into all
> kinds of trouble really quickly.
>
> Regards,
> Mike
--
__________________________________________________________
John T. Nelson | John's Trading Journal
trader@xxxxxxxxxxxxxxx | http://www.computation.org/
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