Hi traders, thanks for stopping by. I would like to take a few minutes and talk about a topic that I feel is a concern to many traders, and that topic is fear and greed. Now, I am not a trading psychologist by any means, but I have been actively involved in the markets for quite a long time.  As such, I really don’t believe that traders are greedy. I think that fear plays a huge role in trading, but I have yet to ever experience a trader who has devastated the markets with their greed.  Now I am talking about the day trader such as us, and not the hedge fund type trading. I am a capitalist and I believe that if you have a successful business, you are entitled to all the profits you are able to earn as long as it is legal and no one is hurt by your actions. So, the greed part I have a difficult time accepting, but the fear area, is definitely a legitimate concern.  Actually, this topic should be classified as fear and confidence.  Allow me to relay a short but very true story.  A while back, a fellow signed on with us.  He mentioned that he had purchased a lot of methods, none of which had worked very well for him. He said that he felt he had been ripped off by a few methods he had purchased and he hoped that he wasn’t getting ripped off again.  Before I go any further, please understand that I am not here to rip anyone off.  My Eminiscalp method works and it has the ability to make you profitable, at a cost that is a fraction of others. I have nothing to gain by hurting anyone.  In any case, this trader, we will call Jack, certainly now, does agree.  I have to give Jack a lot of credit for sharing his story with a few others in our trading room, and I am sure it holds true for many traders, me included many years ago.  Anyway, Jack said the past few days had been exceptionally great, as he had taken  25 Eminiscalp setups, each one profitable. BUT, the 26th and 27th trades were stops.  The 26th trade was an error on his part, as he made a mistake on his dome that put him in a trade, which was not an Eminiscalp entry. The 27th entry was an Eminiscalp entry, and he was legitametly stopped. Hey ,stops do happen.  We do have  a couple of rules that we follow in regard to not entering a trade even though it sets up. Nothing confusing, just logical. Not certain if Jack took this trade without following the rule, but in any case, lets just say it was a legitimate stop. But, that is not the issue.  The issue is this: Jack took only 1 to 2 ticks per trade. When he reviewed each trade he said that every one had the potential of 1 1/14 points or more and many , over 3 points.  Why only 1 to 2 ticks?  FEAR.  That’s it. Once he entered each trade, the fear that he had experienced in the past took over his emotions. The fear of losing was overwhelming, although he would let his stops go against him 5 ticks. This is an issue with many traders.  Something else he mentioned that did not help him.  I teach Eminiscalp traders to trade off of and view only one specific chart.  I realize it is not easy at first, but if you really want to be successful, it must be done, and it can be done.   But, old habits are hard to break and many traders believe the more information they have, the better.  Not true.  So, in Jacks case, he entered the trades using our Eminiscalp entries, he even had his stops and targets set. But, he was also viewing another chart and this chart told him a different story.  This chart apparently told him that the trade was not going to work and to “get out” and so he did.  That chart lied to him, as 25 of the 26 Eminiscalp entries were successful.  So, why was he bothered?  Well, he lost a good portion of his profits with the 2 stops and he was, rightfully so, annoyed that he was not able to stay with the trade. But, the good news: Jack was able to take the entries, that part of the trading experience was overcome. We are now working on staying with the trade. I forgot to ask him and he did not mention if these 25 Eminiscalp trades were in a row or if they were selected.   This emotional roller coaster that traders experience is certainly not unusual, it is an area that I work on with you. If your goal is to trade successfully and profitably, Eminiscalp is the way to go.  I encourage you to follow our rules, even though it may not be comfortable at first. If you do this, over a very short time, you will have broken a bad trading habit and acquired a good one.  Eminiscalp does not require study, just practice.  So, Jack’s story is not unusual.  Trading professionals rely on your fears to acquire their profits.  Trading SIM and trading real money are not the same.  The whole thought process and emotions are different when real money is involved. We will do all we can to help you make that transition. From fear to confidence to profit. That is our goal.