Episode #113: Denise Shull on Neuroeconomics, Using Your Feelings as Data & the Fractal Mind
Confessions Of A Market Maker
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Expect Disappointment to Minimize Emotional Reactions
Anticipating disappointment in investment can lessen emotional shock and lead to more rational decision-making. Recognizing that price fluctuations are common allows investors to manage expectations effectively. This mindset helps prevent reactive decisions based on heightened emotions, which often result in poor timing, such as jumping back into a position at an unfavorable moment. By accepting the likelihood of not securing maximum profits, investors can focus on future opportunities and make calculated decisions about re-entering the market rather than succumbing to emotional impulses.
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