Barev Arman jan
Funny I remembered this
The Stanford marshmallow experiment[1] (http://en.wikipedia.org/wiki/Stanford_marshmallow_experiment#cite_note-Mischel1972-1) was a study on deferred gratification (http://en.wikipedia.org/wiki/Deferred_gratification) conducted in 1972 by psychologist Walter Mischel (http://en.wikipedia.org/wiki/Walter_Mischel) of Stanford University (http://en.wikipedia.org/wiki/Stanford_University). A marshmallow (http://en.wikipedia.org/wiki/Marshmallow) was offered to each child. If the child could resist eating the marshmallow, he was promised two instead of one. The scientists analyzed how long each child resisted the temptation of eating the marshmallow, and shows that waiting longer was correlated with future success.[2] (http://en.wikipedia.org/wiki/Stanford_marshmallow_experiment#cite_note-Shoda1990-2) The authors interpreted the result as showing that greater self control (as measured by ability to delay gratification) results in more life success.
So delaying to pull the trigger could potentially land you in better position of entry or exit.
Funny I remembered this
The Stanford marshmallow experiment[1] (http://en.wikipedia.org/wiki/Stanford_marshmallow_experiment#cite_note-Mischel1972-1) was a study on deferred gratification (http://en.wikipedia.org/wiki/Deferred_gratification) conducted in 1972 by psychologist Walter Mischel (http://en.wikipedia.org/wiki/Walter_Mischel) of Stanford University (http://en.wikipedia.org/wiki/Stanford_University). A marshmallow (http://en.wikipedia.org/wiki/Marshmallow) was offered to each child. If the child could resist eating the marshmallow, he was promised two instead of one. The scientists analyzed how long each child resisted the temptation of eating the marshmallow, and shows that waiting longer was correlated with future success.[2] (http://en.wikipedia.org/wiki/Stanford_marshmallow_experiment#cite_note-Shoda1990-2) The authors interpreted the result as showing that greater self control (as measured by ability to delay gratification) results in more life success.
So delaying to pull the trigger could potentially land you in better position of entry or exit.
In trading, you have to be defensive and aggressive at the same time