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Keep emotions in check and don't let fear or greed drive your trading decisions from "summary" of How I Made BIG Money Trading Stock Options by Carl Schoner
It is imperative to maintain a disciplined mindset when it comes to trading in the stock market. Emotions such as fear and greed can cloud judgment and lead to poor decision-making. By keeping these emotions in check, one can avoid making impulsive trades that may result in losses. Fear can cause investors to panic and sell off their investments prematurely, missing out on potential gains. On the other hand, greed can lead to taking excessive risks in pursuit of higher returns, which can ultimately backfire. It is crucial to approach trading with a rational and level-headed mindset, focusing on the long-...
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