Outsmarting Your Own Trading Brain
How to Turn Cognitive Biases Into Your Competitive Edge
Your biggest battle as a trader isn’t against the market…it’s against your own brain.
That’s the theme of my latest podcast episode:
“Why Your Brain Lies to You: The Trader’s Edge in Outsmarting Bias”
Cognitive biases like loss aversion, overconfidence, and confirmation bias are hardwired into us.
They’re great for survival, but terrible for trading!
OUTSMARTING YOUR BRAIN
Here’s a taste of what we cover:
- Anchoring Bias: Why clinging to old price levels can blind you to current market conditions.
- Recency Bias: How overvaluing recent events distorts your decision-making.
- Sunk Cost Fallacy: Why holding onto losing methods “because you’ve come this far” is a recipe for disaster.
The good news? Biases may be hardwired, but they’re not unbeatable.
In this episode, we’ll explore actionable strategies to:
- Identify when your brain is steering you wrong.
- Train yourself to stick to your edge, even when emotions take over.
- Use your trading journal to spot bias patterns and eliminate them over time.
Turning psychology from a liability into a competitive edge is one of the most underrated skills a trader can develop.
Give the episode a listen… I think you’ll walk away with at least one insight to improve your trading.