Stop Loss: How to Overcome Greed and Fear

Loss is unavoidable in the real investment world, and controlling losses is what distinguishes masters from mediocre people. The author of this book rose to the high position of director at the Chicago Mercantile Exchange at a young age, but lost everything, including his wealth, reputation and job, due to a series of arrogance and arrogance. In this book, the author honestly and candidly re-examines the process that led to his disastrous decisions, and deeply explores the psychological factors behind these investment mistakes. The author uses his own personal experience to tell us how to establish a simple decision-making framework to avoid common psychological traps in trading, keep a clear head, and control possible losses to a minimum.