Pre-commitment
Risk & psychologyDeciding and binding yourself to an action before the moment it must be taken.
In plain terms
Automated SIPs, a two-week cooling-off rule, a hard position cap. It removes the need to decide well while afraid.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
Deciding and binding yourself to an action before the moment it must be taken.
Automated SIPs, a two-week cooling-off rule, a hard position cap. It removes the need to decide well while afraid.