NARRATIVE FALLACY :
Your brain creates a story
to explain what already happened.
Market goes up: “This is a new bull run. Institutions are buying.”
Market goes down: “Macro fear. Smart money is exiting.”
Same data.
New story.
We don’t trade facts.
We trade the explanation that feels good.
And that’s why we buy highs
and sell lows.
Respect probabilities.
Distrust clean stories.