Traders Prone to 'Gambler's Fallacy' in Decision-Making 😵

✅ Trade with our Sponsor Broker: Trade Nation http://www.financial-spread-betting.c... ✅ Check our website: http://www.financial-spread-betting.com/ ✅ Please like, subscribe & comment if you enjoyed - it helps a lot! The Stock Market And The Gambler's Fallacy. http://www.financial-spread-betting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE The Gamblers fallacy and how there are parallels with trading. As traders we need to be careful not to fall in the traps that some gamblers do. Stock traders prone to 'gambler's fallacy' in decision-making After a string of losers increase stake. This is what a gambler does with a roulette wheel...If you're experienced a string of losers the worst thing you can do is to start increasing trade size. Backtesting shows great results. Right but you don't know what to happen next - you still have to manage the risk. The market is down X days - it must be due a green day! It is true that the market will unlikely go down for ever but this is all relative if you've experienced a number of hard hitting red days. Related Video: Does the Martingale System Really Work? How To Use It Without Going Broke 👊    • Does the Martingale System Really Work? Ho...