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This. You see this behavior in gamblers who make it big and then lose it big, or in revenge trading. Make a lot of money then lose a lot of money. If you are e
by euix 6y ago
This. You see this behavior in gamblers who make it big and then lose it big, or in revenge trading. Make a lot of money then lose a lot of money. If you are even luckier you might even be net positive at the end.
People who know when to quit will usually not have made that much money in the first place because it's a different personality type almost.
- hef19898 6y agoOne can only guess how much survivorship bias is in there