Ego and trading: what does yours cost you?
Ego costs money in specific ways: refusing to take a loss, needing to be right, revenge on the market, refusing to ask for help. The bill arrives in the account statement.
Where does ego bite you?
- the ego-driven decision you keep making
- how you catch it in real time
- the humbling event that shrank it
The stop-loss guide is ego's natural enemy — it admits the possibility of being wrong.
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