Programmed for Losses

    Posted by matt on 26th of Aug 2010 at 04:26 pm

    Here's an interesting 2-min video post by TED that has implications to trading by proving that many of the bad behaviors that traders have, which cause them to lose money, are hard wired into us; such as taking small profits (sure thing) and letting losers grow and not take a predefined losses with stops; and not recognizing that losing is a normal part of trading that can be controlled with discipline instead of emotion/instinct which is the norm with new traders who lose money.  

    Anyway it's worth a watch.  


    It's all Monkey Business 

    Posted by etcbari on 26th of Aug 2010 at 09:05 pm

    It's all Monkey Business  Cool

    Title: Moral: Don't hire a monkey

    Posted by brophy on 26th of Aug 2010 at 06:00 pm
    Title: Moral:

    Very True. No emotions =

    Posted by harshblue on 26th of Aug 2010 at 05:10 pm

    Very True. No emotions = Better decision maker.

    Who says only new traders

    Posted by RM686 on 26th of Aug 2010 at 05:10 pm

    Who says only new traders lose money. LOL

    Brilliant

    Posted by mamaduck on 26th of Aug 2010 at 04:53 pm

    Thanks Matt

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