This video must have millions of views.
Thank you so much! Very informative! I will have to be more aware of moods and thinking while trading. I'll also be sure not to base any crude oil trades on the overall consumption of chicken....LOL I got a good laugh from that! Thank you!
extremely informative . thank you
If someone flips a coin and gets heads 10 times in a row - then I want to look at that coin. After all, it may be a 2 headed coin. And by the same token, a deck for blackjack can be hot, if it's 10 rich toward the end. In that case past performance is indicative of what comes next until the deck is used up. With that said, yeah most people do not understand that past performance has no bearing on future performance for things that are independent of what has already occured.
Subscribed 😊❤ Thank You Can You Make More Videos On Cognitive Biases In Trading...
Feel lucky!
Gambler’s fallacy question... if every new coin flip has a 50% chance of hitting heads, regardless of multiple prior flips.... then would not every new strategic attempt that has a 70% chance of hitting a win, always be 70% chance of hitting a win regardless of multiple prior strategic attempts?
Prices are not independent of each other, so they can definitely have a continued losing streak
Chicken consumption and crude imports? Lol
@Z1g0l