*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note
Whether we believe it or not we tend to choose different options for the same problem depending on the way the problem is presented and whether or not the problem is presented as a loss (negative) or a gain (positive). This is known as framing and is just one of many cognitive biases we face in our day to day decision making. As an example, let’s suppose a physician informed Read more [...]
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note
Whether we believe it or not we tend to choose different options for the same problem depending on the way the problem is presented and whether or not the problem is presented as a loss (negative) or a gain (positive). This is known as framing and is just one of many cognitive biases we face in our day to day decision making. As an example, let’s suppose a physician informed Read more [...]