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Overconfidence is ubiquitous among traders.  There are several explanations for overconfidence, depending on the psychological theory one uses to understand it.  We’ve looked at overconfidence ..

You’ve been watching a stock for three hours and you tell yourself, “It seems to match perfectly to the first two waves of an Eliot Wave pattern.  I’ve seen this before and I’ ..

A widely popular belief in the field of behavioural finance is that investors are “overconfident.” They put on risky trades that don’t pay off, and in the long run, end up with a low ..

When it comes to trading the markets, nothing is certain. How do you cope with uncertainty? Many traders are overconfident. Rather than face the possibility of losses due to market uncertainty, they f ..

You can’t trade the markets unless you have self-confidence. Trading is a field where you’ll see setback after setback, and the only way to pick yourself up quickly and fight back is to ha ..

A winning trader is confident. It’s essential to have the proper amount of confidence, however. If you are under-confident, you’ll never be a winning trader, but if you are overconfident, ..

22.1 Trade from charts If you are familiar with Zerodha’s trading terminal, Kite, you probably know that you can choose to analyze stock/index charts either on Tradingview or on ChartIQ. These two c ..

Ever make a slew of losing trades and just feel like giving up? Perhaps you were just panicking for no good reason. You may have merely fallen for a pessimistic attitude that was enough to put you in ..

Are you having trouble mastering the markets? Do you have trouble taking losses? Do you react to potential losses with fear or regret? Do you find that you can’t seem to methodically execute tra ..

When your hard-earned money is on the line, there’s a strong urge to be extremely careful. After all, if you should make a mistake, you could end up taking a huge loss, or worse yet, you could f ..