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1215 - The Certainty Effect: Why Traders Cut Winning Strategies Short
Manage episode 506766207 series 2390563
In this episode, we dive into the psychology of the certainty effect—the human tendency to value guaranteed outcomes over uncertain ones, even when the uncertain path has better odds. You’ll see how this bias shows up in trading, why so many traders abandon profitable strategies too soon, and what you can do to overcome it.
If you’ve ever struggled to trust your system or let trades play out, this episode will give you the perspective (and laughs) you need to stay consistent.
You can support the podcast by leaving me a rating/review
Your Trading Coach - Akil
1221 episodes
Manage episode 506766207 series 2390563
In this episode, we dive into the psychology of the certainty effect—the human tendency to value guaranteed outcomes over uncertain ones, even when the uncertain path has better odds. You’ll see how this bias shows up in trading, why so many traders abandon profitable strategies too soon, and what you can do to overcome it.
If you’ve ever struggled to trust your system or let trades play out, this episode will give you the perspective (and laughs) you need to stay consistent.
You can support the podcast by leaving me a rating/review
Your Trading Coach - Akil
1221 episodes
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