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Trading Mind: Your trading DNA - Rationality
Jul 27 2023
Length: 3 mins
Podcast

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Trading Mind: Your trading DNA - Rationality

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Summary
Rationality in trading is the ability to make choices that will result in the best possible outcome given the information available. Rational decisions aim to maximise an advantage, while minimising any losses. Although rationality is all about seeking the optimal outcome, studies have been quick to point out that this doesn't always mean making money – a rational decision can involve minimising losses and even accepting a loss.
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