Perceptual Blindness in Trading

Perceptual Blindness in Trading

Perceptual Blindness

Definition:

The term was introduced in 1992 by scientists Arien Mack and Irvin Rock. It also became the title of a book that described the discovery of this phenomenon and the experiments conducted.

Perceptual blindness, or inattentional blindness, is the psychological inability to focus attention on a specific object. It is purely psychological in nature and unrelated to vision problems.

In trading:

This refers to a trader's inability to notice certain events or actions during trading. At other times, these same events or actions are adequately analyzed by the same individuals.