Known biases
Loss aversion makes people hold losers and cut winners early. Overconfidence after wins increases size at the wrong time. Revenge trading seeks emotional recovery, not expectancy.
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Markets exploit impatience. Automation helps — governance still needs a human who can stop.
Loss aversion makes people hold losers and cut winners early. Overconfidence after wins increases size at the wrong time. Revenge trading seeks emotional recovery, not expectancy.
Pre-commit max daily loss. Use cool-downs after rule breaches. Separate analysis time from execution time. Let EAs follow written parameters — and disable them when the book is wrong, not when feelings are loud.