Ep 167: Matt Caruso: Managing Expected Returns
Investing With IBD
00:00
The Importance of Emotions in Trading
I think people vastly underestimate what emotions do to your strategy and whether you're a retail trader or institutional investor. It's not even the loss of some of the profit that hurts but they thought they found this new easy way to make this phenomenal money. They extrapolated out into their future or they told their wife or their husband saying honey don't worry about I got this in the future. There's emotional errors at every stage of the investing process that you have to kind of learn and adapt and go through.
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