How are your emotions affecting your trading strategy and ultimate success? All this week on Saxo TV, the renowned expert on behaviour and risk, Gerald Ashley, has been giving his advice on how you can trade smarter. Here, in an extended report, he highlights the emotional pitfalls it's so easy to fall into plus how you can change your ways to get more success.
Gerald talks about the illusion of control and what to do if your personality's getting in the way of making the right trading decisions. He highlights elements of emotions which could result in wealth destruction and what you should do to change your ways. He shows us how to recognise wealth destroying behaviour and how you can avoid traits which lead to dangerous losses.