How to Overcome Cognitive Bias in Stock Trading

If you've had 15 trades in a row and they all go green, you're going to go bigger in size because your cognitive bias is going to go, there's no way I'm going to lose. And so we have to keep ourselves in that middle space and say, I'm confident that I think that I know what's going to happen here probabilistically, but do I have my boundaries here? And am I risking appropriate amounts? "The problem is the better we get, the bigger we trade and the bigger wetrade, the more likely it is that, you know, we slip into gamblers ruin," he says.