The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: marcher who wrote (84875)	8/12/2007 5:56:48 PM
From: MulhollandDrive	Read Replies (1) of 306849

taleb also refers to kahneman and tversky's findings that investors usually sell winning positions too soon. something to keep in mind for those of us gaining on the crash. based on my observations, i don't think that is true i think most traders hold on too long either on a winning trade letting gains evaporate or taking a loss, getting out before the carnage sets in traders who are not disciplined tend to swing for the fences trying to catch absolute bottoms or tops iow, bears make money, bulls make money, and pigs get slaughtered<g>

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