tag:blogger.com,1999:blog-22517597.post863435131271551351..comments2024-03-03T11:13:39.377+11:00Comments on Moomin Valley: Stopping Systematic Trading Again...mOOmhttp://www.blogger.com/profile/03440274434662150925noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-22517597.post-44054071765342531652021-04-16T16:09:20.156+10:002021-04-16T16:09:20.156+10:00Most of us have natural biases that simply make tr...Most of us have natural biases that simply make trading a miserable experience (unless you're VERY lucky and have a 'winning streak'):<br />* we suffer more angst from a loss than the joy experienced from a similar quanta of gain<br />* we remember the losses more than we remember the gains<br />* if we do make a gain, we then worry if the gain would have been even bigger if we hadn't closed out<br />* if we close out a loss, we then regret it when it turns out we would have made a gain if we'd simply held on a bit longer<br />* we worry more about losing 100% than we would increase in contentment if we made 100% gain<br /><br />Unless you can build a fully automated trading program that you simply turn on and then read a monthly summary of what trades were done and how much it made/lost, I really don't think trading will suit you. And you would probably still worry about how its currently doing whenever the was lots of market volatility.<br /><br />Personally I just trade a minute amount that I mentally have already 'written off'. The trading just gives me some amusement since most of my investments are passive and I just look at the monthly valuations.<br /><br />enoughwealth@yahoo.comhttps://www.blogger.com/profile/09371028394685288035noreply@blogger.com