We've talked a lot lately about the emotional nature of investors and traders who make every move based on the fear and/or greed they're feeling at that moment.
And we've seen how you can force that emotion out of your trading, so you're free to leverage the fear and greed of others for big money.
Yep – short of leaving it all in a paper bag on the bus, emotional trading is the fastest way to lose your money.
But at the end of the day, we're not robots; we do feel fear sometimes – and greed, too. I sure do, and I'm willing to bet you do, too. Who doesn't?
Well, today, I'm going to show you another tool I use myself to put my mind at ease when I'm about to commit some hard-earned capital to a trade.
It's not quite a crystal ball, but it's close.
About the Author
Tom Gentile, options trading specialist for Money Map Press, is widely known as America's No. 1 Pattern Trader thanks to his nearly 30 years of experience spotting lucrative patterns in options trading. Tom has taught over 300,000 traders his option trading secrets in a variety of settings, including seminars and workshops. He's also a bestselling author of eight books and training courses.