Munich, Germany
Posts: 285 since Apr 2012
Thanks Given: 121
Thanks Received: 117
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Quote from an article by Brett N. Steenbarger, posted by @djkiwi in another thread (
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I have seen very few successful traders who were highly risk-averse. The risk-averse trader, particularly who is high in neuroticism, is motivated more by a fear of loss than a desire for gain. This makes it difficult to sustain meaningful position sizes during promising trades. Often such traders berate themselves for being self-defeating or sabotaging, but the reality is that they might be better suited for investing than trading.
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