Trading Psychology : 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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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.

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ShaunWhite
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Wed Apr 29, 2020 5:36 pm

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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Wed Apr 29, 2020 6:13 pm

Very, very impressive! Looking forward to the article too.

Kai
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Wed Apr 29, 2020 8:16 pm

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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Fri May 01, 2020 9:27 am

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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Fri May 01, 2020 10:06 am

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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