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Hindsight bias
In one line: 'I knew it all along' after the fact.
Evidence
Fischhoff (1975): knowing the outcome makes people think it was more predictable than it was.
Fischhoff (1975): knowing the outcome makes people think it was more predictable than it was.
Charts look obvious afterwards. That's why a written plan before the trade, and a journal, help: see Trading journal.
Related
Sources & studies
Last checked: 2026-11-04 · Educational, not financial advice.
Education only, not financial advice. No signals. Backtests are hypothetical: real trading can be worse. Past results don't predict future results.