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Paid Post: Trading psychology – run profits and minimise losses

Paid Post: Trading psychology – run profits and minimise losses

FromInvestors' Chronicle


Paid Post: Trading psychology – run profits and minimise losses

FromInvestors' Chronicle

ratings:
Length:
12 minutes
Released:
Nov 27, 2018
Format:
Podcast episode

Description

In trading, you can make more losing trades than winning trades and still make money. But while it is key to always cut losses and run profits, that can be harder than it sounds. Pride means wanting to be proved right, while fear can drive us to grab at profits. Bestselling author and founder of TurtleTrader.com Michael Covel, and self-made millionaire investor and author Mark Shipman mull taking the correct psychological approach with each trade.  Hosted on Acast. See acast.com/privacy for more information.
Released:
Nov 27, 2018
Format:
Podcast episode

Titles in the series (100)

Concerned with QE's effects on equity valuations? Looking for ideas for your Isa? Or just plain confused by the stock market? Each week, the Investors Chronicle picks apart the latest news for companies, markets and funds in our regular magazine podcasts. Subscribe for these, along with CEO interviews, company-specific shows and special in-depth discussions on big market themes. Hosted on Acast. See acast.com/privacy for more information.