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	<title>Comments on: Trading Stocks?  Do It Like A Vulcan!</title>
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	<description>A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics.</description>
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		<title>By: Spike</title>
		<link>http://www.consumerismcommentary.com/trading-stocks-do-it-like-a-vulcan-2/comment-page-1/#comment-2417</link>
		<dc:creator>Spike</dc:creator>
		<pubDate>Wed, 19 Apr 2006 08:43:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.consumerismcommentary.com/2006/04/12/trading-stocks-do-it-like-a-vulcan-2/#comment-2417</guid>
		<description>&quot;Taking emotions completely out of the picture is going to be difficult for any human. Our brains are wired for emotional responses&quot;.

Yes, it is difficult to control and remove trade-hindering emotions.  But with practise and patience and discipline, and accountability and desire, men snd women can do remarkable things.

And in fact, some emotion is good in trading.  One simply has to train themselves to channel that good emotion, and eliminate the bad.  For example, green hope is a good emotion when you are in profit and starting to fear losing the profits you&#039;ve already made; the kind of fear that will cause you to close a trade way too early.  And green hope is sooooo much better than red hope, which is where you&#039;ve got a stinky sinky stock position hoping it comes back.  Red fear is helpful too; fear of a loss getting bigger.  

So emotions, when channeled correctly, can help save capital and bring about very nice gains.

Yes, it&#039;s hard work to manage that kind of self control.  But seeking perfection is admirable and honorable.</description>
		<content:encoded><![CDATA[<p>&#8220;Taking emotions completely out of the picture is going to be difficult for any human. Our brains are wired for emotional responses&#8221;.</p>
<p>Yes, it is difficult to control and remove trade-hindering emotions.  But with practise and patience and discipline, and accountability and desire, men snd women can do remarkable things.</p>
<p>And in fact, some emotion is good in trading.  One simply has to train themselves to channel that good emotion, and eliminate the bad.  For example, green hope is a good emotion when you are in profit and starting to fear losing the profits you&#8217;ve already made; the kind of fear that will cause you to close a trade way too early.  And green hope is sooooo much better than red hope, which is where you&#8217;ve got a stinky sinky stock position hoping it comes back.  Red fear is helpful too; fear of a loss getting bigger.  </p>
<p>So emotions, when channeled correctly, can help save capital and bring about very nice gains.</p>
<p>Yes, it&#8217;s hard work to manage that kind of self control.  But seeking perfection is admirable and honorable.</p>
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		<title>By: Ronald Harvey</title>
		<link>http://www.consumerismcommentary.com/trading-stocks-do-it-like-a-vulcan-2/comment-page-1/#comment-2375</link>
		<dc:creator>Ronald Harvey</dc:creator>
		<pubDate>Fri, 14 Apr 2006 18:19:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.consumerismcommentary.com/2006/04/12/trading-stocks-do-it-like-a-vulcan-2/#comment-2375</guid>
		<description>My wife and I went to one of these conferences a few years ago.  The initial cost was &quot;free&quot; after that the cost for the second class was around $1500.  At that point I could have spent well over $30,000 for additional classes if I would like to.  The bottom line is that this was a good seminar to learn about trading but whether it was worth that kind of money is up to the person taking the course (it wasn&#039;t for us). Is a Masters degree worth $50,000?  A lot of people think it is.</description>
		<content:encoded><![CDATA[<p>My wife and I went to one of these conferences a few years ago.  The initial cost was &#8220;free&#8221; after that the cost for the second class was around $1500.  At that point I could have spent well over $30,000 for additional classes if I would like to.  The bottom line is that this was a good seminar to learn about trading but whether it was worth that kind of money is up to the person taking the course (it wasn&#8217;t for us). Is a Masters degree worth $50,000?  A lot of people think it is.</p>
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