Outcome Bias: Why Good Outcomes Can Reward Bad Decisions
Have you ever made money on a trade and assumed it was a good decision?That's Outcome Bias.In this episode, we explore one of the most dangerous psychological traps in investing and trading: judging decisions by their results instead of the quality of the process behind them. A profitable outcome can reinforce poor habits, while a temporary loss can hide a disciplined, evidence-based decision.You'll learn:• What Outcome Bias is• Why profitable trades can still be bad decisions• How disciplined traders evaluate process over results• Practical ways to improve decision-making under…
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