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Trading Psychology | NOV 2002
How Do You Make A Trading Decision by Simon Vine
How Do You Make A Trading Decision by Simon Vine What goes into making a decision about a trade? Whenever you make a trading decision, you base your choices on particular outlooks regarding market developments. Although a predicted scenario at a specific moment may seem very likely, events rarely occur in the way or at the time we expect. How does the passage of time transform your outlook? TIME FACTOR IN RISK EVALUATION Suppose you place a straight stick in a pool of water. Once submerged, the stick appears to be bent. The water acts as a prism through which you observe the familiar object and by which it is distorted.
by Simon Vine
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