[james_gsx]

I watched a poker tournament on TV over the weekend with my mom. The girl was up big, then you could see emotion take over her. Sure enough, the professoinal took advantage and she lost. When they asked her questions later, she never referred to emotion, but it was clear as day thats what it was.

It made me think of how similar it was to trading. The amateur starts off well, while the professional sits back and waits for the planned setup. The amateur makes a mistake, gets emotional, and the professional goes in for the kill and takes their money.

I also noticed very quickly how well the professional kept to a good capital management plan. If he had a band hand he took no time to fold and move onto the next one. Just like a professional trader, exiting the trade before it hurts his account.