065: Brett Steenbarger – How to Master Trading Psychology and Introduce New Best Practises
Chat With Traders
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Are You Taking Profits Too Soon and Cutting Losses Too Late?
Traders often take profits too soon and cut losses too late. This is mostly due to psychological reasons, says aaron an iderand. But there are other times where traders respond emotionally to making money losing money. A huge issue in trading psychology is identifying when it's a logical problem or the result of being in a wong mind set that biases your information processing.
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