Cybernetics
1. Letting Winners Run
When your trade is in profit , you recall negative outcomes more easily that is how the brain operates when in a positive situations
We fear losing what we've gained more than wanting to gain even more what you think will happen depends on your previous memory
Reasons for these mistakes is due to a lack of understanding and awareness how to recall, stall information given to us. Most trading information available is either incomplete or distorted and don't know how to use it, you won't deliberately make a bad decision based on your analysis of info available to you.
1. Letting Winners Run
When your trade is in profit , you recall negative outcomes more easily that is how the brain operates when in a positive situations
We fear losing what we've gained more than wanting to gain even more what you think will happen depends on your previous memory
Reasons for these mistakes is due to a lack of understanding and awareness how to recall, stall information given to us. Most trading information available is either incomplete or distorted and don't know how to use it, you won't deliberately make a bad decision based on your analysis of info available to you.
