Strategesis

From Trader Feed:

A cardinal concept from behavioral finance is that we do not process information about risk, reward, and uncertainty in a purely objective manner.

A key idea in psychology is that you are less likely to fall prey to information-processing biases if you are fully aware of those biases.

Continued

This entry was posted on 2011-04-02 at 14:54 and is filed under education, trader psychology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.