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Loss aversion is a natural human tendency, but it can wreak havoc on a trading account if the trader doesn’t learn how to manage this psychological issue. Below, learn what loss aversion is, how it manifests (the symptoms) and how to manage it.
Loss aversion is an unwillingness to accept a loss once in a trade. You tell yourself you’ll get out if you lose a certain amount money, but instead of closing the trade…
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