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Loss Aversion: Change Your Trading Mindset

By Robert H, June 21, 2019 in Fear of Taking a Trade

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Robert H 455

Posted June 21, 2019

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Another Peter 2

Posted June 25, 2021

You can lessen the grip of a loss but first you need to understand why the loss of 1R feels worse then the gain of 1R.

https://en.wikipedia.org/wiki/Loss_aversion

https://www.amazon.com/gp/product/B004R1Q2EG/ref=dbs_a_def_rwt_hsch_vapi_taft_p1_i9

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rddad 0

rddad

Posted June 25, 2021

@Another Peter,

I'm literally pushing the order button right now on a Behavioral Economics book because of that insight. Thank you.

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