Interesting...
http://www.michaelcovel.com/2011/10/15/ ... -and-risk/
Against the Gods: Steve Jobs and “Risk”
That was a good read, I'm sure many people will relate to much of that.
How many people have let a bad trade go 'in play' instead of taking a definite loss?
How many people have closed out for a nice £20 profit, instead of letting the trend run further for £50, just because they were frightened the £20 would go back to £0?
The psychology of what we do crosses over into many different aspects of life
How many people have let a bad trade go 'in play' instead of taking a definite loss?
How many people have closed out for a nice £20 profit, instead of letting the trend run further for £50, just because they were frightened the £20 would go back to £0?
The psychology of what we do crosses over into many different aspects of life
I actually bought that very book some time ago..(second hand off amazon) I seem to remember that it was on the "Recommended reading list " by Peter/Someone else if i remember correctly..?
Worth a read; if you look on Amazon you could pick up a second hand copy for just £1.88 at the moment
regards
Peter
Worth a read; if you look on Amazon you could pick up a second hand copy for just £1.88 at the moment
regards
Peter