Euro / U.S. Dollar

Educational Post: The Father of All Fallacies

116
Confirmation Bias experiment shows that we are tuned to see what we believe.

Do not merely look for theories that prove that it is right Instead, look for ways to prove that it can be wrong.

Human often not unknowingly falls into the victim of confirmation bias.

Does trend-line always work? I have drawn multiple trendline to prove to you that not all trendline works. Also, the chance of finding one that works is pretty low.

Further reading:
psychologytoday.com/sg/blog/seeing-what-others-dont/201905/the-curious-case-confirmation-bias

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.