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Tag Archives: Gambler’s Fallacy

5 Major biases and fallacies in Trading and Investing

5 Major Fallacies & Biases that can hurt Traders and Investors – Avoid these

By Trading Predator October 5th, 2018 No Comments

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