A trend-focused trader reflecting on market strategies and personal performance enhancement.
trading
Thursday, 26 January 2012
Wednesday, 25 January 2012
change
One's baseline level of loss avoidance can change. After experiencing a recent loss, most traders will become more loss averse. Losses of any kind have this effect - the death of a loved one, divorce, illnesses, accidents, work-related losses, and financial losses - all increase the propensity.
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