Right of the Chart

Avoiding Outcome Bias


Listen Later

Adam Sarhan says, if your risk is properly managed, the result of any single trade doesn't really matter in the long run. Success in the market comes from making smart decisions that create a good aggregate result over the course of multiple trades in varying market conditions. Anyone can get lucky every once and a while, and if you judge success by counting lucky trades, that's called outcome bias. In the market, long term success comes from patience and discipline. 

...more
View all episodesView all episodes
Download on the App Store

Right of the ChartBy Shawn Vincent