We all know - or should know - that it affects us negatively when we make a trading decision while we’re in a highly emotional state. And we are told that we should “trade without emotions”.
But does that mean we should become emotionless computers? That we should only decide because of calculations?
Not exactly
It rather means that we try not to get overwhelmed by our feelings, especially while trading or making important decisions. Such distracting feelings can be for example: