Trades can be ruined by a logical fallacy or a cognitive bias, but traders can avoid these mental shortcuts. What motivated your last trade? There isn’t always one right answer for making a decision for trading, since every trader has different strategies that may work best for them. However, there are some strategies that are ruled by miscalculated judgments. Our brains often take mental shortcuts when making decisions, which can result in a logical fallacy (meaning a fundamentally illogical reasoning) or a cognitive bias (a subjective way of thinking). Recognizing these flawed approaches may help you make more rational decisions and avoid...See more