Did you know third-party like Business Wire sells hedge funds an early, albeit split-second, look at corporate earnings, before retail traders see it ?
it’s perfectly legal.
The University of Michigan, for example, sells the rights to its Survey of Consumers to Reuters for $1 million a year. Reuters then sells early access to it either five minutes before the public gets it or five minutes and two second before—for the HFT crowd that wants to frontrun the frontrunners.
Trading is a mental sport you have to approach it like that.
Its a well known fact that many retail traders don’t have the mental preparation to confront trading markets . Patience discipline simplicity the missing qualities.
Needing to be sure is what really kills traders. They seek a certainty that can’t be found, and end up on the completely wrong path.
Weather you are just starting out in the world of trading , coming to terms with your own trading system , right through to the mental aspects of trading or simply a Professional trader looking for a new perspective and fresh mindset to your trading Transitiontrader.com can help you .
Transition will ensure that the changes you want to make will be the right ones and will leave your trading business in better shape than ever.
For a fair coin, the answer should be that both outcomes are equally likely.
If you Believed that the next flip is more likely to be tails because “tails is due to come up” this is whats is known as gambler’s fallacy, a great example of availability bias. i.e ” availability bias occurs when our estimates of probabilities are influenced by what is most “available” .
The purpose of the quiz is simple .
As traders assess new information, all observations must be appropriately weighted in prices or estimates of probabilities. If traders are unduly influenced by availability bias, the resulting estimates may not be accurate. You must at all time in your approach be equally fair, balanced objective and dispassionate while gathering your analysis toward trading .
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The premise of this Site is for trader transformation cultivating confidence and courage in traders via Performance Tweaks & continuous improvement to the Mindsets of Professional Traders / Aspiring Traders aswell as my own through the,
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A ) Market Overview & analysis of World Markets (Valid only for 72hrs)
IMPORTANT ( Posts will be available for 72Hr before Going Private ) ***
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Content Posts to Fill in the void when no creative writing is forth coming .
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