Recognizing that “emotional decision-making is the enemy of traders”, the author of today’s article outlines six steps he has learned to eliminate emotion from the investing process and, as a result, “become a more profitable (and productive!) investor.” From the simple (e.g. do something else once you have entered a trade so that there is little opportunity to succumb to an emotional reaction) to the academic (e.g. develop a “data-backed thesis” for your trade and determine in advance what data in the future would disprove this thesis), CLICK HERE to read about all six steps to becoming a more rational investor
The Unemotional Investor: 6 Steps To Potentially Increase Profitability
- by Bob Mitchell