🚩THE INVISIBLE HORSEMAN IN TRADING
These aren't mindset issues.They're hardwired glitches in human thinking documented by psychologists, neuroscientists, and behavioral economists for decades.
You were born with them.And in trading, they get amplified.
They twist your perception, hijack your decisions, and wreck your consistency without you even knowing it.
Here are 19 of the most dangerous ones.Every trader battles them.The smart ones learn how to win.
1. Dunning-Kruger Effect You think you’ve got it… because you don’t know how much you don’t know.
2. Overconfidence Bias A few wins make you feel untouchable—right before the wipeout.
3. Confirmation Bias You only notice what proves you’re right and ignore everything else.
4. Anchoring Bias You lock onto your first level or idea—even when it’s invalid.
5. Availability Heuristic You assume what you see the most (like winning trades online) is the norm.
6. Hindsight Bias You pretend you saw it coming—but didn’t act when it counted.
7. Loss Aversion You fear losing more than you value winning—and it distorts every decision.
8. Representativeness Heuristic You treat one setup like another just because they look similar.
9. Gambler’s Fallacy You think the market “owes” you after a losing streak.
10. Status Quo Bias You’d rather stay in your current mess than change what’s familiar.
11. Endowment Effect You overvalue your own trade idea just because it’s yours.
12. Optimism Bias You believe you’ll beat the odds—without doing what the winners do.
13. Recency Bias You react to what just happened as if it erases the big picture.
14. Framing Effect You change your decisions based on how information feels—not what it is.
15. Self-Serving Bias You blame the market when you lose, but call yourself a genius when you win.
16. Bandwagon Effect You copy the crowd and call it research.
17. Illusion of Control You think you're controlling the market—when you're barely controlling yourself.
18. Neglect of Probability You ignore the odds and convince yourself “this one’s different.”
19. Sunk Cost Fallacy You hold the trade because you’ve already suffered in it.
You can’t defeat what you haven’t named.But now that you’ve seen them…
Comment “bias” below and I’ll unlock the antidote.
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Lesley-Anne Jones
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🚩THE INVISIBLE HORSEMAN IN TRADING
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