Part 6 · lesson 1 of 3

You learn the three habits that cost the most.

About 6 minutes.

Whose numbers these are

You have not picked a firm yet. So the figures below come from one firm’s published rules. Each one is named and dated where it appears. Pick a firm and the same lesson runs on your own numbers.

Check yourselfThe way losing changes how the next decision is made — Evidence: strongDisposition effect, Shefrin & Statman 1985; replicated across markets · read 2026-07-30
People hold losing trades longer than winning ones. What is the usual reason?

That is the end of this one.

Next: You find out what your own bad hour looks like.