文档介绍：HOW TO TRADE BETTER
ELIMINATE FEAR
Larry Williams
December 2000
I'd like you to start the New Year off on the right foot, being the best, clearest trader you
can be. I want to restate basic understanding of the Fear/Greed dilemma.
To begin, for many traders greed is a stronger emotional force than fear. I believe we are a greedy lot (that's why we
enter an arena others pass on). Thus, one needs to know what emotion is gaining the upper hand in his or her daily life,
be it in the markets or business.
Greed, as I e to understand it causes us to do that which we should not! It is greed that is the active force,
kicking us in, causing us to jump the gun, to hold on too long, to buy too much. Hence if you feel greed seeping inside
you, I suggest you look it directly in the face to see if it is leading you into more trouble than reward.
Fear is different. Our fears cause us to not do what we should do. President Roosevelt had the all time ment
saying, "...all we have to fear is fear itself." But then, what would you expect from a socialist who, along with Colonel
House, did more to damage this country on a long-term basis than anyone before or since? I digress...
Fear is prohibitive - it puts on the brakes. It is preventive and it is very primal as it is more closely connected to
survival. Indeed, we need a healthy