Most of the aspiring traders often fall prey to two irrational beliefs – Prediction and Perfection. The wrong Idea that to be a good trader you need to accurately predict the markets or you need to find a perfect trading opportunity is a complete delusion. It often leads to inconsistent results in trading. This type […]
Prediction and Perfection – The Two Enemies of Successful Trading Read More »
If you do not properly understand probability, you are more likely to make incorrect assumptions and decisions in your Trading and Investments. A cognitive bias is a mistake in reasoning, evaluating, remembering, or other cognitive process, often occurring as a result of holding onto one’s preferences and beliefs regardless of contrary information. Cognitive biases or
5 Major Fallacies & Biases that hurt Traders and Investors Read More »
The concept of efficient market hypothesis stands on the assumption that traders are rational and trade markets to maximize their profits and minimize their losses. But in reality, traders are blended mixer of rationality and emotions just like any other human beings, even the algorithms designed by traders or Institutions itself is biased because of
10 Emotional Stages in Trading Psychology Read More »
What does it takes successful Trader? Is it Possible to be a Successful Trader? What are the ways to be a successful trader in stock market? Well, many traders both experienced and novice players often find themselves asking these questions either to themselves or to others! If you’re one of them, you haven’t understood trading
How to be a Successful Trader? It’s all about Mindset! Read More »
Cognitive Psychology refers to the study of Human mental processes and their attributes in creativity, thinking and Problem solving. We’re fortunate to see great developments in psychological science which didn’t exist years ago. Cognitive Psychology has a lot to offer for everyone, especially to traders and Investors. We can apply these scientific facts and ideas
3 Cognitive Psychology Advice to Improve Trading Skills Read More »