Pareidolia

[Picard]

𝐏𝐚𝐫𝐞𝐢𝐝𝐨𝐥𝐢𝐚: (n.) the instinct to seek familiar forms in disordered images like clouds or constellations; the perception of random stimulus as significant.
Pareidolia is a type of apophenia, seeing patterns in random data. This is the same as what traders do when the look for chart patterns. Now you have a word for it.

 

[SpockLogic]

It’s hard to see things as they are and not let bias and emotions cloud judgement. How do you counter pareidolia?

 

[ziongotoptions]

It’s hard to see things as they are and not let bias and emotions cloud judgement. How do you counter pareidolia?

Being disciplined, having a system in place that you’ve backtested and find reliable and stop using once you realizes it no longer works.