Fear, Greed & Other emotions

Trading is all about controlling your emotions. Fear and greed..If a trader is out of the market and he sees the market rising and his friends making money, greed makes him enter...only to see the market crashing after he entered...If an investor is long and a stock crashes, fear makes him sell the stocks at lower levels...only to see the stocks rising again....fear and greed is what makes the 5% of people in the stock market make money from the other 95%.....how do we conquer fear & greed...using technical analysis and charting...just follow your charts for entries and exits....ignore your friends, relatives, stock analysts etc...this is the only way to conquer your emotions...In 2009 display emotions of love, caring for your near and dear ones...but conquer your fear & greed! Have a great new year and make loads of money in 2009!!