[Soultrader]

I think the pyschological aspect of trading is similar to poker. We are all after the players on the tilt. That is also how I like to call it in trading.

Emotional trading = tilt

One method I use to avoid this is to treat every single hand/trade the same. I do not get emotionally attached to any one trade. In poker lingual, an AK is the same as a 10-J. The only difference is I try to squeeze as much money as I can when the opportunity is there. I hate gambling in poker... especially going all-in with AK against some pocket pair. I have a strategy that I can play that gives me better odds than just trying to catch something.