Greed - Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self confidence usually happens after the trader earn profit in a row. They are not aware or forgot an important fact in trading is not to expect definite results of each trade. It's swings
Fear - A sense of fear entered the market usually occur after consecutive losses experienced by trader. Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trade, comply with rules governing risk management and trading plan has they are made.
Hope - Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon
Regret - Constantly destroy trade gradually. Regret usually arise after a trade lost some chances to buy or sell, or after experiencing considerable losses. If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make one leave the world of trading.
To prevent that's types of emotions, we should always be aware of whether we are in emotions when trading, because trading with the emotions will only make our destroy our trade.
