Tag: heuristics in trading crypto
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Cognitive Biases & Heuristics in Investing Part 2.
Let’s explore the last part of treacherous cognitive biases in trading/investing. 1/ Confirmation Bias: look at your thoughts and stances in various fields, do you have a tendency to only follow one narrative and mindlessly deny other perspectives? Do you dismiss opinions and arguments from people who stand opposite to your position? This kind of…
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Cognitive Biases & Heuristics in Investing Part 1.
As humans we are take weak financial decisions, especially under pressure, learning to spot heuristic biases while going through the though process helps us improve and at least reduce poor decisions.