Trading fast and thinking slow: Thinking outside the herd to give you the edge

Trading is often about how to take the appropriate risk without exposing yourself to very human flaws.
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arbitrage16
Posts: 305
Joined: Tue Feb 14, 2017 7:27 pm

https://eqi.co.uk/info/articles/investi ... u-the-edge

This is the third of three parts and the section I found most relevant for trading.
eightbo
Posts: 1961
Joined: Sun May 17, 2015 8:19 pm
Location: Malta

here's a reup of the YT vid which is private on the article (Social Influence)

https://www.youtube.com/watch?v=P00i7_C8tl8
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Euler
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Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
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Here is your answer to most detail you need about cognitive biases: -

https://upload.wikimedia.org/wikipedia/ ... dex_en.svg
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jimibt
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i liked the attitude of the general store guy... buy more shovels!! :D
arbitrage16
Posts: 305
Joined: Tue Feb 14, 2017 7:27 pm

Thanks for the additional contributions.

I find trading can sometimes make me S1 dominant - especially after reds, I make more snap decisions in the following markets.

Is there a method of re-balancing one's system, to ensure S1 isn't too dominant and S2 is able to moderate that intuition?

As I've said I'm elsewhere, I'm S1 dominant so the intuition is important to how I trade, but it can sometimes lead me astray.
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