Trading Psychology: Overconfidence and Self-Attribution Bias
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Overconfidence comes from lots of different biases. Louise Cooper comments on overconfidence and self-attribution bias. If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date!
It tends to effect more male traders than female traders... What it does is that it leads to overtrading and underperformance. It also comes from self-attribution bias.