I have been trading for a long time now. Today was a day when emotions took over sound logic. We had a few nifty futures positions built yesterday. The positions were doing fine, they still have not given a signal to jump the ship but i did. The way euro and other currencies were going down and the so-called risk aversion that all media are hyping about cracked my resolve and there I am sitting now with no position! I am quite sure tomorrow it will jump up, now that it knows I am not there for the fanciful trip. If I get a chance to board it is gonna be at a higher price making me jittery. Hope I do not repeat this again.
Showing posts with label Emotions. Show all posts
Showing posts with label Emotions. Show all posts
Wednesday, December 9, 2009
Bane of emotions
Posted by Shantanu Marathe at 4:16 AM 0 comments
Labels: Emotions, Nifty, Risk aversion, Trading
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