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You observe Amazon's stock price increasing for 4 consecutive days. You decide to sell believing that the price must decrease on day 5, as there
You observe Amazon's stock price increasing for 4 consecutive days. You decide to sell believing that the price must decrease on day 5, as there is no chance it can continue going up after 4 successful trading sessions. You might be experiencing Gambler's fallacy bias. Overconfidence bias. Overreaction bias. Herding bias
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