I am bookmarking a few resources that I found useful regarding the concept (new to me) of Trading To Win vs. Trading Not To Loose.
In the comments section of this post, Jamie made a very precise and interesting description of these concepts. Brett Steenbarger has a blog post on the subject. And I also found this article about Kahneman and Tversky's Prospect Theory that I think is quite relevant.
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2 comments:
Hey Anarco, been missing your posts.
Do you trade everyday but just can not get around to posting?
Cheers
Hey pdt~
No.I do not trade every day. It fluctuates. But last week I only traded a few days and the next one will probably be the same. I wish I could!
Anyway, I am sure I'll post a few charts this week.
Have a good trading week!
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