This is part of my intermittent series on price, one of the most important and commonly encountered considerations in investing and trading. In this post, I will touch on a common psychological experience that most, if not all, of us had gone through; buyer/seller remorse and premorse.
Buyer/Seller Remorse
Buyer/seller remorse, in the context of investing/trading, is an emotion of regret that is felt after executing a transaction. The most common question stemming from this remorse is “Did I buy/sell at the right price?”. Such feelings will get amplified if a buyer buys at a price, only for it to go down lower later on, or for the seller, to sell at a price, only to see it going higher afterwards.
Buyer/Seller Premorse
Yes, there is this thing called buyer/seller premorse (OK, I made up that term, but I find it appropriate for the occasion). It is when one ...
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