Monday, January 23, 2006

Judgemental Bias series

I'm going to post a series of articles describing the various biases that affect people and especially those trying to master markets (trade).

"We typically trade our beliefs about the market and once we've made up our minds about those beliefs, we're not likely to change them. And when we play the markets, we assume that we are consdering all of the available information. Instead, our beliefs, through selective perception, may have elinminated the most useful information." Van K. Tharp, Ph.D. and founder of IITM

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