Probabilistic Thinking and Bayesian Cognition
Overview
Being a great trader involves being able to think in terms of probabilities and make well-calibrated probabilistic forecasts in the markets. The first step is to go through probabilistic training, which is what you'll be doing in this section.
Unlock info
This program section will unlock once you have completed ‘Trade Demonstrations' and had adequate time to complete any practice modules.
What You’ll Learn
- Lesson 1: Welcome to Stage 10
- Lesson 2: Introduction to Probabilistic Thinking
- Lesson 3: Probabilistic Thinking
- Lesson 4: The Need for Precise Numbers
- Lesson 5: Resulting, Survivorship Bias and Alternate Histories
- Lesson 6: Calibration and the Brier Score
- Lesson 7: Foxes vs Hedgehogs
- Lesson 8: Bayesian Cognition
- Lesson 9: How to Improve Your Predictions
- Lesson 10: How Biases Can Affect Probabilistic Thinking
- Lesson 11: The Ten Commandments of Forecasting
Course Category
Psychology and Neuroeconomics
Market Mindset Mastery
Duration
0:57
Assignments
None