Tag Archives: Ego and Trading psychology

Why Traders Stick to Losing Position?

By | June 15, 2012 11:13 am

From a psychological point of view nobody wants to sell at a loss as in most situations in life making mistakes and admitting them is associated with being a loser. That’s why most people prefer sticking to a losing position. They don’t want to be labeled a loser. So they start hoping their position will… Read More »