Emotional In Market

You will feel joy when you buy a stock and it explode to upward and you may feel sad and fear when it go downtrend.

The more the price go up, you feel the tense on the gain that accumulate on paper, you fear that the profit will varnish if you do not take profit now, on another hand you still greedy to gain more profit by on-hold the selling. Eventually the price drop and you start to regret that you didn't make right decision to lock profit at high price. Portion of the gain already return to the market. You feel sad, regret, frustration & all the negative emotion deep inside yourself. You start to convice yourself, as long as not losing money already can consider as a good trade. 

The more the price go down, you feel sad on the position that you hold on. You think to sell at lost, but another hand feel that may have probability of regain the price, tomorrow or next week the price will go up again. Instead of cut loss, you fear of loss and on-hold the selling. Eventually, the price day by day keeping go down bit by bit. It eat your capital bit by bit as well. If you sell now, the loss is already too big for you to recover and some people just hold it till the company fall to PN16 or equivalent. You said to yourself that next time to cut loss, you do it right after the next trade. But the price go up after you sold the stock, you feel angry, frustrated and piss on the decision made.

The above may sound familiar to you. Emotioanal roller coaster up & down, peak & valley in the trading game.

These feelings have nothing to do with the market, they exist only inside you. The market do not know you exist and you cannot do anything to influence the market anyway. The only thing you can do is to control your behaviour.

We need to use our head and stay calm. Only amature become exited or depressed because of their trades. Emotion reaction is too dangerous that we cannot afford in stock trading. Let's use our intellect to trade instead of emotion to trade.