Why Traders Only See What They Want

Ever believe a trade is perfect, only to ignore all the obvious warning signs? That’s Confirmation Bias, a dangerous psychological trap where your brain actively hunts for information that confirms your beliefs and filters out anything that contradicts them. Why? To protect your ego. This summary dives into the core drivers, like “Cognitive Dissonance”—the mental pain of being wrong—and the “Sunk Cost” of your research. Learn to spot the symptoms: from “cherry-picking” the one indicator that agrees with you to building a social media “echo chamber” that reinforces your flawed view. This is the truth about why traders only see what they want.