-
An Ego-Fueled Bias That Can Only Hurt Your Trading
There's No Room for "Ownership" in Trading •A Little Gratitude Never Hurts •The 2-Part "Cure" for Excessive Attachment In psychology, “ownership” is the feeling that something is yours, and in the end, you control it. From a trading perspective, ownership can be both dangerous and costly. While the thoughts and feelings created by ownership will not always fade easily, we can start by first recognizing it, and then must have an open mind in avoiding it. Learn to Set Ego Aside In trading, ownership encompasses the belief that you possess everything, starting with the idea to become a trader, and ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Nov 9, 2013 4:47am Nov 9, 2013 4:47am
- wmossa
- | Joined Jun 2012 | Status: Member | 7 Comments
- Comment #2
- Quote
- Nov 9, 2013 6:43am Nov 9, 2013 6:43am
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
- Comment #3
- Quote
- Nov 9, 2013 8:14am Nov 9, 2013 8:14am
- Trout
- | Commercial Member | Joined Oct 2007 | 688 Comments
- Comment #4
- Quote
- Nov 9, 2013 12:33pm Nov 9, 2013 12:33pm
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
- Comment #5
- Quote
- Nov 9, 2013 5:56pm Nov 9, 2013 5:56pm
- vox dei
- Joined Aug 2010 | Status: Chaos is a ladder | 265 Comments
"To hold, you must first open your hand. Let go." - Lao Tzu