Confirmation bias: what are you ignoring?

Once a view forms, the mind collects evidence for it and filters the rest — the opposing data, the contradicting chart, the analyst who disagrees. The bias is universal; the defence is deliberate.

Confirmation bias: what are you ignoring? — risk-reward diagram
A risk-reward ratio of 1 to 2

What's your defence?

  • how you hunt for evidence against your view
  • the opposing source you force yourself to read
  • the bias that cost you most
Confirmation bias: what are you ignoring? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The expectancy guide rewards being wrong cheaply.

Comments

Log in to join the discussion. Comments follow the community guidelines.

Log in to comment

Loading comments…