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If you let the market make you feel high or low, you will lose money.
Our take on this quote:
📉📈 Stay Steady, Stay Profitable 📈📉
Emotional swings lead to poor decisions—keep your cool to keep your gains. 🧠💼
Alexander Elder's quote underscores the dangers of allowing the market's ups and downs to affect your emotional state. When traders let their emotions—whether highs of excitement or lows of fear—dictate their decisions, they are more likely to make mistakes and lose money. Elder’s advice is to maintain emotional balance and not let market fluctuations influence your feelings or actions. By staying composed and level-headed, traders can make better decisions and protect their financial gains, highlighting the importance of emotional discipline in trading.
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