Discover the Most Amazing Tools at Selma Couret Site

Selma Couret site is dedicated to persons like you that are looking information about financial (money) matters explain as easy and simple as possible. Discover useful resources, tips and market updates.

Selma´s philosophy is that the Universe is abundant in all senses including money and it is our duty to educate ourselves not only to attract money and reaches but to learn how to manage money and become financially responsible. The first step in order to start a meaningful shift in your finances and thus in your own life is to become aware of the situation.

The purpose of the site is to share some of the best and most useful tools, websites and coolest tips available about financial matters such money psychology, credit, debt and one of the most fascinating topics: the stock and Forex markets, their uses and information on how to succeed trading them, So if you are looking for a site in which to become financially literate, this is it. Simply register to get …….

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How do our emotions affect us as traders and investors?

by admin on March 18, 2013

3 Blog Pic“The human side of every person is the greatest enemy of the average investor or speculator” Jesse Livermore.

Let’s face it, unless you are from other planet and you will have to deal sometimes with your emotions. The reason many novice traders lose 90% of the time is because they keep their emotions like fear or greed in the trading equation.

¿Did you know most professional traders don’t hold losing positions? In fact they act like a Robot, as soon as a trade goes against them in to their stop loss line, professionals DO KILL the trade immediately, they have learned how to use human nature in their own benefit and act automatically.

The reason for novice traders for not to cut losses is that deep in their heart they still hope that the markets would turn around and losses would be reversed or in the worse scenario they hope at least to  break even.

To be consistent in acting properly against loses is one of the biggest issues one trader, even the more experienced will face, the other issue is to become consistent in maximizing the winning trades.

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