3 ms·

This is a post-facto rationalization. It's no wonder you lost.

• ZenPro 12y ago
  ...que? Elaborate how the majority of the world's press and a fair substantial amount of financial analysts and traders predicting an item is post-rationalizing? Do you even know what it means? Post-Rational Purhcasing otherwise known as Buyer's Stockholm Syndrome, is a cognitive bias whereby someone who has purchased an expensive product or service overlooks any faults or defects in order to justify their purchase. I am not rationalizing anything. I bet with a number of other shorters (estimates were around 30% of the trades were shorts) and I lost. You need to check your bias at the door I think.