Wait...most? Pretty sure one or more of those three is the reason everyone fails at everything. But I think number 3 is the only one that's not...
But even on the Savannah our "fast instinctive response" led to us turning away from a predator, not towards it. This might actually be the answer...
Cognitive biases. Yes, I think that's what I'm driving at. It would make sense to me that cognitive biases are NOT the cause of bad trading...
So as an amateur psychologist who is friends with several professional psychologists, something occurred to me recently. In psychology there are...
I've never used a daily stop loss. Always a per trade stop loss. I know that no matter how many times I trade, I'll win more than half. Let's say...
"The human brain is wired to lose in the markets." FALSE "The publically educated brain is wired to lose in the markets." TRUE If you want to be...
If you believe that the market only has two types of movements (trend and consolidation), then you identify trends by identifying the completion...
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