Why Successful Traders Cannot Afford To Be Too Optimistic

Beware the optimism bias when trading and investing

Do you believe that negative outcomes are somehow less likely to happen to you? Because most people do.

They believe that they are likely to live longer than the average person, less likely to get divorced, less likely to get into a traffic accident, etc.

But, not everyone can consistently be above average, and traders who like to think that they are quickly find out otherwise – often in very painful ways.

Read Article

the pensive nugget blue background logo

Get a different perspective on all things trading & investing every week!