Re:Trading Is Hazardous to Your Wealth [pdf] (2000)
by lend000 on Thursday May 14, 2020 @04:52PM
(#23185265)
It's often the opposite which is responsible for poor trading performance, due to the fundamental anomaly of markets: trends. Poor traders don't let winners ride and let losers ride to get above their break-even point, which often results in huge losses betting against the trend.
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