Advantages of Systematic Investing

Aspect Capital Insight Series

ASPECT CAPITAL
5

Writing in 1923 about the famous discretionary speculator Jesse Livermore, the American author Edwin Lefèvre captured in a quote the frailties of human psychology when it comes to investing in financial markets: “It is inseparable from human nature to hope and to fear. In speculation when the market goes against you - you hope that every day will be the last day - and you lose more than you should had you not listened to hope... And when the market goes your way you become fearful that...

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