The confirmation bias, the human tendency to succumb to tunnel vision and favor information that confirms preexisting beliefs, is based on the same "selective attention" that guides visual perception.
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DislikedThe confirmation bias, the human tendency to succumb to tunnel vision and favor information that confirms preexisting beliefs...Ignored
Disliked{quote} Being aware of the existence of confirmation bias is half the battle. For me personally, hedging takes care of the other half.Ignored
DislikedAll parts of my strategy are now automated, I just identify the trade and my entry, stop loss, position size and trailing stop are all managed automatically. I have worked with Adam from Snap Dragon Trading for this, he has a wealth of experience working with large funds and can not only help with coding and development but also with strategy optimisation and testing. If you are interested in automation (and what we know about human error you should be) I would not hesitate to recommend him, drop him a line for a chat if you are considering it....Ignored
Disliked+7R this week, very close to a +20 and that's how it goes, you stay alive for as long as possible and wait for good luck to come by following a simple process trade 180 -1 trade 181 -1 trade 182 -1 trade 183 -1 trade 185 +6R trade 186 +9R trade 187 -1 trade 188 -1 trade 189 -1 trade 190 -1 {image} Results: Week 1 +4R Week 2 -14R Week 3 -2R Week 4 -3R Week 5 +3R Week 6 +4R Week 7 -7R Week 8 -10R Week 9 -4R Week 10 -13 Week 11 +21 Week 12 +6 Week 13 +14R Week 14 -3R Week 15 +15R Week 16 +19R Week 17 -6R Week 18 +7RIgnored
Disliked{quote} Fantastic well done Lots of small nibbles then landing a monster or two. Exactly like fishing!!Ignored
Disliked{quote} yes sir, just rolling the dice and mine is a little bit loaded, i like the oddsIgnored
Disliked{quote} Good to see you are still at it 60. You and VEEFX have just about worked out the principles behind infinite yield. In short, you cannot win if you do not play. To keep playing, there must be a method that is followed religiously that makes sense. Yours is a great way to do it.Ignored
DislikedHi 60 just a quick question. I'm based in Seoul and so for a large part of Monday, at least until late afternoon here when London opens, I am reluctant to put on a trade because of the volatility on the open after the weekend. I was just wondering if you wait until after London as well?Ignored
Disliked{quote} Mainly fear based but there is logic behind that as in there is usually volatility after the weekend. But yes, I would need to generate data to decide whether or not to ignore it. Doing that now though.Ignored