Trading Psychology: The Think Profit Podcast

How Prospect Theory and Hyperbolic Discounting Lead to Trading Losses // Ep. 92

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Prospect theory causes you to get into bad trades, while hyperbolic discounting causes you to get out of good trades too early. 

The post How Prospect Theory and Hyperbolic Discounting Lead to Trading Losses // Ep. 92 appeared first on Think Profit Podcast.

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Trading Psychology: The Think Profit PodcastBy Hugh Kimura & Walter Peters
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