Managing the Emotions in a Trading Environment

There is an overlap between trading in that sort of shorter term environment and potentially the longer term environment where Ren and I buy the S&P 500. There's hope, there's fear, there's greed as you mentioned, there's anger, there's an ego that you need to deal with. How do you broadly go about thinking about managing an array of emotions? It's the magnitude of the emotions, which can be an issue but it's also the way the same emotions can impact us in different ways. For me my decision will be governed by fear and I'll have a stop loss and leave my line in the sand - move on to the next trade.

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