Dramatic and emotional trading experiences tend to be negative. Pride is a great banana peel, as are hope, fear, and greed. My biggest slip-ups occurred shortly after I got emotionally involved with positions.
Ed SeykotaTrying to trade during a losing streak is emotionally devastating. Trying to play 'catch up' is lethal.
Ed SeykotaThere are old traders and there are bold traders, but there are very few old, bold traders.
Ed Seykota