The Cognitive Bias Codex

Trading is often about how to take the appropriate risk without exposing yourself to very human flaws.
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Euler
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I've been writing an article today about cognitive biases and was searching for references when I came across this: -

https://upload.wikimedia.org/wikipedia/ ... dex_en.svg

It's an excellent summary of various biases and groups them neatly for you to explore. It also gives you are a general group that is useful.

Explore it and click on the bias to reach the wiki entry for each one.
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ShaunWhite
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Makes you wonder how our species functions. But of course many of those are contractictory and therefore act as checks and balances rather than being distinct flaws.
jamesg46
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Very, very impressive! Looking forward to the article too.
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Kai
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Thanks for sharing that, I was looking for something new to do this evening. Might need more than one by the looks of it, good stuff.
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wearthefoxhat
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Euler wrote:
Wed Apr 29, 2020 5:19 pm
I've been writing an article today about cognitive biases and was searching for references when I came across this: -

https://upload.wikimedia.org/wikipedia/ ... dex_en.svg

It's an excellent summary of various biases and groups them neatly for you to explore. It also gives you are a general group that is useful.

Explore it and click on the bias to reach the wiki entry for each one.

Imagine if you were able to put a codex wheel together for all the elements of trading...(before lockdown gets eased of course)...
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Euler
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Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

I did something like that about ten years ago, starting with a base assumption and then branching from there. It's a forever unfinished work.
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