Trading Confidence (TradingEveryDay)
posted Thu January 24th @ 5:15 PM

A method for studying emotional experience is simple “self-reports”, which is when an individual is asked to look back at a particular time, day, or period and rate her emotional experience. It’s one of the easiest ways to obtain information, which is probably why most psychologists use this method.  The problem, though, is that self-reports turn out to be biased.  It’s inevitable that these biases ultimately impact traders. To read and/or listen to the complete article, you must be logged in. See below.