))
Avoiding Outcome Bias
Manage episode 442277235 series 3499104
Content provided by Shawn Vincent. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shawn Vincent or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Adam Sarhan says, if your risk is properly managed, the result of any single trade doesn't really matter in the long run. Success in the market comes from making smart decisions that create a good aggregate result over the course of multiple trades in varying market conditions. Anyone can get lucky every once and a while, and if you judge success by counting lucky trades, that's called outcome bias. In the market, long term success comes from patience and discipline.
60 episodes
Share
