Trading Psychology Podcast Ep77 -- Loss Aversion
When it comes to taking losses, there are actually a lot of different categories here. One of them is the fear of taking them in the first place. VP and Robb explore the different ways we talk ourselves out of profitable trades and investments, and you'll hopefully see just how ridiculous some of it can sound when you hear it out loud.
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The hosts of this podcast are not licensed financial advisors, and nothing heard on this podcast should be taken as financial advice. Do your own research and understand all financial decisions and the results therein are yours and yours alone. The host is not responsible for the actions of their sponsors and/or affiliates. Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Trading anything involves risk. Losses can exceed deposits.