Скачать или смотреть Gambler’s Fallacy in Trading | The 1 in 66 Million Event

This video is on Gambler’s Fallacy.

In 1913, at a casino in Monte Carlo, an event occurred with odds of 1 in 66 million.
The event itself wasn’t the real problem.

The problem was how people reacted to it.

Gambler’s Fallacy is a cognitive bias where we assume that past outcomes influence future probability, even in systems where each event is independent.

In trading, this bias often appears after consecutive losses:

when the next trade feels “due”

when position size changes without a change in setup

when recent outcomes start influencing decisions

This video breaks down:

1. The Monte Carlo incident
2. How gambler’s fallacy works in probability
3. How it quietly enters trading decisions
4. Why retail and intraday traders are more exposed and
5. One simple self-check before your next trade

This is not about feelings.
This is about decision-making.

Before your next trade, ask yourself:
Is this decision based on price… or memory?

I use the market as a mirror to understand behaviour — decision-making under pressure, emotional reactions, and self-awareness in trading.

If you’re looking for shortcuts, signals, or guarantees, this channel may not be for you.
But if you want to understand trading psychology, behavioural biases, and the mental side of markets, you may find value here.

This is a personal exploration of psychology, behaviour, and markets.