Interesting video on yahoo on blackjack and trading.
Go to this link to see it.
Jeff Ma on Yahoo
One thing he said which struck a chord with me was "people are more impacted by a loss than by a win". Meaning, you are more negatively impacted by a LOSS of $1,000 than you are positively impacted by a WIN of $1,000. So, your wins should always be more than your losses to maintain emotional equity.
Showing posts with label Jeff Ma. Show all posts
Showing posts with label Jeff Ma. Show all posts
Wednesday, August 18, 2010
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