Mastering Your Emotions

3.Stick with your strategy
"Discipline"
It means you have a plan and you stick to it no matter what.
You have a system that controls your emotions that would otherwise be destructive - Fear, Greed, Anxiety.
You need to have the self-discipline to stick to the strategy and follow the rules.

4. Don't let emotions ruin your portfolio
The Two most common emotional reactions to the stock market are fear and greed.

5. Learn from your mistakes
We should learn from the mistakes of others. We don't have time to make them ourselves.
Jack Schwager, Author of Market Wizards, says that just because you lose money on investment doesn't mean you actually made a mistake.
You can won on a bad trading decision and lose on a good trading decision.