Trust me, we have enough to go through already, but additional information is also very helpful. Once again, thank you!
TEST;INFORMATION PROCESSING AND CONCENTRATION Concentrate on on the exercises , please do not concentrate on her thighs. In real trading , traders do what you just did.Did you concentrate on the exercises?
A cognitive bias refers to a systematic pattern of deviation from norm or rationality in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion. Individuals create their own "subjective social reality" from their perception of the input At the most basic level, people must trade by processing information. Unfortunately, we're not very efficient information processors. We have a lot of biases that enter into trading decisions.Those biases are all about adding complexity to the world.The second area of disadvantage for traders is emotions , stress ,beliefs and personality .These affect trader's performance in real time. Is it really that simple? Consider the trading rules that work: 1) follow the trend; 2) let your profits run; 3) cut your losses short; and 4) manage your money (i.e. risk) so you can stay in the game. If you design something around following those rules, you'll make a lot of money. Current momentum bias as an example , you will override your trading systems due to current momentum.