How Do Trend Followers Navigate the Unknown?

It is very important to have stock options trading strategies in mind if you wish to be a successful turtle trader. Gerd Gigerenzer has the following to say about the heuristics of navigating the unknown.

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Reading works from people such as Gerd Gigerenzer may help you to become more successful at trading. Image By Franz Johann Morgenbesser from Vienna, Austria under CC.

“What interests me is the question of how humans learn to live with uncertainty. Before the scientific revolution determinism was a strong ideal. Religion brought about a denial of uncertainty, and many people knew that their kin or their race was exactly the one that God had favored. They also thought they were entitled to get rid of competing ideas and the people that propagated them. How does a society change from this condition into one in which we understand that there is this fundamental uncertainty? How do we avoid the illusion of certainty to produce the understanding that everything, whether it be a medical test or deciding on the best cure for a particular kind of cancer, has a fundamental element of uncertainty?”
Gerd Gigerenzer

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