9m 39s: Lenght

Trading with Emotions Paul Wallace, a forex trader and mentor speaks. Brought to you by http://www.financial-spread-betting.com/course/Emotions-Trading.html How do I reduce the impact of emotions on one's trading. From my experience ignoring emotions in trading doesn't work; its about raising the awareness of emotions and educating oneself that just because you experience fear, greed..etc you won't need to be completely attached to such emotions. Raising consciousness and recognising the emotions is key. Should a trader use their intuition? I would view that there are 3 different levels associated with that; mechanical trading, subjective trading and intuitive trading. Many traders come in thinking that you are trading on intuitively (guts) but good judgement comes from experience and unfortunately experience tends to come from bad judgement.