Q&A by Rob Friesen
THE PROBABILITIES ON REGRET?
What is regret? Most people would say that regret is painful. Some would say its the most painful thing in life. What if we run scenarios planning for feelings of regret in our trading? What if we assessed probabilities to a variety of outcomes? We know its necessary to create a plan for action and be disciplined to act accordingly. But how do we minimize the impact of regret and bounce back, ready for the next trade ...