Overconfidence drives oversized positions, loose stops, and skipped rules after wins or «easy» trades.
In plain terms — You confuse temporary luck with invincible skill. Often precedes the hardest drawdown.
Excessive confidence in forecasts after a winning streak.
Overconfidence drives oversized positions, loose stops, and skipped rules after wins or «easy» trades.
In plain terms — You confuse temporary luck with invincible skill. Often precedes the hardest drawdown.