Another emotional lesson. Loss of the day: RM140

I did 16 trades from February 2014 to April 2014 with a net profit of RM98.50;  albeit "big losses" on TNLOGIS and TSH amounting RM253.20 and RM107.80 respectively.

On 28.4.2014, I bought 800 units of ECOWLD at RM5.28 and another 1000 unit at RM4.65 2 days later. The stock went all the way down to RM4.39 on the next trading day.

I calculated my risk/reward ratio. I did my trading plan. I did my money management plan. But I didn't control my emotion. That sheer drops of fear. Or tonnes of fear building in me today. I was feeling agitated seeing the stock shot up all to RM4.88 at its opening. That impatience. That fear. That get-rid-as-soon-as-possible feeling. And I parked at RM4.87 when it went down RM4.75.

And I went off with my chores. Only to see it shot to RM4.98 at noon. My heart sunk.

Fear and greed.

Today losses wiped out my net profit for this year

Taken from klse.i3investor.com