Trader Mental Blind Spots
Are you aware that normal, “rational” thinking and decision-making could lead to bad trading decisions? Have you ever thought that your trading losses could be caused by thinking errors i.e., mental blind spots? We don’t think much about our thinking, and hence these thinking errors often go unnoticed. Most of us do not know our normal way of thinking and decision-making can be detrimental to our trading.
These thinking errors, also known as “cognitive biases” and “heuristics,” often lead to wrong trading decisions and trading losses. The cruel irony and danger are you don’t even know you are committing these thinking errors. You have worked hard and developed solid technical skills and strategies. Yet you cannot apply these skills and strategies successfully to trading. Did you wonder why?
Understanding these mental blind spots will give you an edge at the trading table. Join us to learn about these thinking errors, how to recognize them, and the specific steps you can take to address them. The knowledge itself can help bring you closer to your goals. with this knowledge and a few simple steps, you will be in a better position to make sounder trading decision, execute your trades better, and see your profits grow.
So traders, what are you waiting for!