Jul

9

BusI have found myself subconsciously applying my trading rules and experience to life events. Cutting losses early and getting rid of bad position without waiting or hesitation is one example. One small anecdotal example: My wife booked an ordinary bus ticket to see her sister. She is reluctant and wanted to go in a different, air-conditioned bus. But the reservation clerk refused to refund any money as the bus is about to start. I immediately decided to offer a 50% discount to the ticket collector of the bus who can sell it at full cost to any other passenger on the way. Thus I have traded my bad position and cut my loss while at the same time keeping my spouse happy. I think this is one of few times she appreciated my trading skill.


Comments

Name

Email

Website

Speak your mind

Archives

Resources & Links

Search