How Traders Confuse Luck and Skill
Winning trades feel like skill; losing trades like bad luck. This asymmetric attribution prevents learning from both outcomes.
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Winning trades feel like skill; losing trades like bad luck. This asymmetric attribution prevents learning from both outcomes.
Profitable traders journal less than struggling traders, studies suggest. Documentation helps beginners but may indicate overanalysis in experienced traders.
Research shows traders who check prices hourly underperform those who check daily by 3-5% annually. Constant monitoring triggers emotional decisions.