Trading Psychology 101

[price_and_volume]

Previous MOD's input:

"Because it is unquantifiable and generally misunderstood by most traders and investors, psychology is the often overlooked intangible aspect of trading. Unlike the precise mathematical formulas used in technical analysis, we cannot easily reduce human behavior to a mathematical equation that can be plotted on a graph as a trend line or as a series of variables that we can examine in detail throughout history."

I left that quote, tho it doesn't exactly resonate with me and I may have misunderstood it.

That's why I made a few opening posts when I joined the board, in an attempt to clarify MY 'trading psychology'.

I may be way off on the whole subject, but I'm happy to continue discussing it.