Status quo bias is our natural tendency to prefer things as they are, even when change might lead to potential benefits. It’s the reason an investor sticks with an outdated phone, stays in an unfulfilling job, or keeps an underperforming stock. This bias is one of the...
Proven Strategies for Successful Trading Successful trading requires more than just good luck. It’s about implementing a systematic approach, mastering risk management, refining your trading plan, and building a resilient mindset. In this guide, we’ll walk...
Understanding quantitative analysis & backtesting definitions is useful for systematic traders, especially so that you can fully understand the backtest performance reports generated by your trading software. This page provides clear, beginner-friendly...
In my stock market update last week we discussed the two likely scenarios for the US markets in the near term (Continued rally OR Another leg down). This week started strong, but with the US Political $&!% show continuing to rattle the markets the US markets fell...
Salience bias is a cognitive shortcut where the most noticeable or emotionally striking information disproportionately influences decision-making. Imagine watching the news about a plane crash. Even though air travel is statistically safe, the vivid imagery can make...
