Q and A – Psychology (backed dated December 10th, 2017)

Some Risk Management Questions:

  1. Was the loss of money worth all the emotional pain and financial heartache?
  2. If you had the opportunity to do that trade or investment again, what would you do differently.

Tales of Losses

  1. What is the biggest loss you have personally taken in the market?
  2. What was your emotional experience during this event?
  3. What went through your head and heart during this event?
  4. Were you in emotional control or was your destructive ego in control?
  5. Was it worth it my dude?
  6. What did you learn from this experience? If nothing, Then this loss will probably repeat again in the future.
  7. What new disciplines have you now implemented when you invest or trade to protect yourself against losses

Answers:

Continue reading “Q and A – Psychology (backed dated December 10th, 2017)”