By the end of this session you will:
- Understand each of the 4 mental traps you will face and their effects on your trading
- Know how to spot the traps in real time while learning effective ways to avoid them
The benefits this session will give you:
- As human beings we are susceptible to certain psychological biases that can cause very negative consequences to our bottom line in trading. When you know what these biases are and how they trap you, you’ll be able avoid them and the mistakes they cause. And the more you can do this, the better your trading results will be.
The 4 Major Psychological Traps and How to Avoid Them Key Takeaways (PDF)