I'll show a picture of the front of the Wall Street bull once the market recovers..........that will be years from now. R. Birch 2008
Friday, May 7, 2010
Cognitive Bias Song
You might have friends who are guilty of many of these biases. In trading many professionals are guilty of these biases. I'm guilty of a representative bias because I feel most trading professionals are always bullish on the market. I've been guilty of many of these. Right now I'm completely guilty of anchoring bias and I feel the market will crash down below the March 2009 lows. Today should be an interesting day in the market.