Hersh Shefrin

When trading in the markets, losses are commonplace.. They hurt us., but, for some traders, the bitterness of a wrong decision is the worst feeling of all. They blame themselves for, what did what – that's not the case. They drive themselves so, that they are trying to refuse to make deals, so as not to feel regret later. In the book Beyond the Threshold of Greed and Fear, Dr. Hersh Shefrin states, that regret and responsibility are closely related. The more responsibility we take for our actions, the stronger the sweat is the feeling of regret.