Great piece on the endowment effect:

Trading is often about how to take the appropriate risk without exposing yourself to very human flaws.
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arbitrage16
Posts: 532
Joined: Tue Feb 14, 2017 7:27 pm

https://www.research-live.com/article/o ... id/5060612

Becoming overly attached to trades is a killer, there was some great advice posted on here last week by spreadbetting:

"You need to learn to jump out of bad positions as soon as possible, you're just wasting trading time if you sit hoping for poor trades to return. That time could be better spent entering new trades or looking for other opportunities."
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