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https://www.marketwatch.com/stor ... -traders-2018-01-18
In both fields, it helps to have what Brown calls a “zero memory”attitude, meaning that you quickly forget your defeats and don’t let them throw you for a loop. “You can’t let recent events affect your thinking,” Brown said. That goes for both a bad hand and a bad trade. “People tend to make very different decisions after gains and after losses, and that’s just fatal to trading,” Brown said. “People tend to get more stubborn after taking big losses and stubbornness is a real problem.”
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