![]() Randy is vice president of trading and derivatives at the Schwab Center for Financial Research. To address how several biases impact trading decisions, Mark Riepe interviews Randy Frederick. ![]() But humans are emotional beings, so that’s easier said than done. It’s a widely held belief that to succeed as a trader, you must learn to control your emotions. But how exactly do you expect this particular stock or trade to make a profit for you? Do you have a trading plan? Most importantly, how will you guard against your own cognitive and emotional biases while trading? Most people buy a stock because they think it’ll be a good investment. Principles can help you reach your financial goals. $0 online equity trade commissions + Satisfaction Guarantee. ![]()
0 Comments
Leave a Reply. |