Tag Archives: biases

Psychological Biases in Financial Markets Can Be Deadly

Psychological Biases

A trader or investor must stay objective, logical and emotionally detached. Remember that performance of one trade or few lost trades do not affect the whole outcome. A trader must carry on making rational and logical decisions to make the most of next trading opportunity.

I stumbled upon a great article on twitter by Danan Kirby and thought of sharing here.  It lists down all kinds of biases that we have in markets. Know Your Biases, it will help improve results.

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Credit: http://charts.stocktwits.com/production/original_36332774.png?1430762000

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