Emotionless

Emotions can be one of the biggest trading saboteurs a trader can find. They will make you overtrade when the euphoria takes over you after some positive trades, and will produce you a big feeling of revenge when you have had losses.

If there is something you can be sure about, is that these emotions will come to influence your trading in a rather negative way.

An automated trading strategy will immediately evaporate any external factor that hasn’t been predetermined in the strategy.

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