Risk Management and Trading Psychology for Investors

Risk Management and Trading Psychology for Investors
English | Size: 459.36 MB
Category: Tutorial

Investors spend countless hours prying into the inner workings of companies but conveniently forget to pry into something even more important in making successful trades: their own psychologies. The goal of behavioral risk management and trading psychology is to override the emotional and cognitive biases that effect poor trading decisions. By knowing your own blind spots (all humans have the same blind spots), you can avoid common losses due to innate human biases.
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