How Prospect Theory and Hyperbolic Discounting Lead to Trading Losses // Ep. 92
- Author
- Hugh Kimura & Walter Peters
- Published
- Wed 13 Apr 2022
- Episode Link
- https://thinkprofit.io/prospect-theory-hyperbolic-discounting/
Prospect theory causes you to get into bad trades, while hyperbolic discounting causes you to get out of good trades too early.
