Most people enter into the trading field because they see and hear about these traders who are making millions in the markets. Whether it is in stocks, futures of currency markets, the hoopla around phenomenal profits being made brings in the uninitiated and the ignorant. They are ripe for a shellacking because greed rules their heads.

Michael Douglas’ immortal character in ‘Wall Street’ glorified greed, but there are actually two factors that drive markets. They are greed and fear. Straddle Trader Pro will give in easily to either of these two emotions will quickly find themselves ejected from the game with empty pockets.

It is greed that brings in the traders every day, sniffing for easy money. But there is no easy money here, just easy prey. Greed clouds your judgment and you believe that every trade you enter has to bring in the chips.

Markets turn against the traders, and when they do they start to panic. They don’t understand why they are losing money and they are gripped by fear. Out of the two emotions, fear is mightier than greed. It paralysis traders and make them commit even more mistakes. Losing more money than they hoped to gain, they run out of the market.

The market is not a place for people who trade based on emotions. It needs a razor-sharp mind and iron discipline to survive.

Tags: Fear Trading, Getting Greedy with a Trade, Trading Gold, use a stop loss