Search pride and fear of regret
Since last month, Jason holds a position on DELL. He was in profit, and profit forecasts irningov promise, in particular, because of entering new markets. On the other hand, the economic indicators look bleak. Business news full of stories about cuts in companies that can easily put up for sale new computers at low prices. Jason was in a quandary. He is proud of its decision to buy a DELL, and hopes to make a bargain, but the questions “I trade on the news?” I listen to the media and ignore other more important economic indicators? I should immediately sell or even hold a long position? ” disquieted. He wants to make a profit, but on the other hand, he did not want to be winning the game had become unprofitable. It is one thing – an incorrect assumption about the opening position, and quite another – to allow profitnoy deal to become a loss. Inaction – is the main reason for regret. What to look for possible causes for regret, why not sell right away, do not it better to lock in profits and to experience pride