EPIQ Trading Floor’s Post

Name: EPIQ Trading Floor on LinkedIn: #futurestrading #forextrading #cryptotrading #daytrading #epiqtradingfloor…
Uploaded: 2024-10-12T18:01:40.111Z
Duration: 33 s
Channel: EPIQ Trading Floor

EPIQ Trading Floor

5 followers

4mo

🚨 Most traders make this mistake.. CONFIRMATION BIAS! Overcome Confirmation Bias to Improve Your Trading We discuss the importance of removing confirmation bias in trading. We explain that confirmation bias means focusing only on information that confirms your existing market view, while ignoring contradictory evidence. The best traders assess the market from both bullish and bearish perspectives, respecting the fact that the market can shift at any time, regardless of the current trend. #futurestrading #forextrading #cryptotrading #daytrading #epiqtradingfloor #eqtrades

Transcript

What have I told you that this one mentality shift could change the entire way that you trade, and that is removing confirmation bias and simple terms. Confirmation bias means if you think the market is going bullish, you're naturally going to look for everything to be bullish and you're gonna negate and not pay attention to anything that will be pushing bearish, which is a very dangerous place to be. All the best traders assess the market from both directions, no matter what the trade is looking like and no matter what the market is looking like. Now, obviously you can have a stronger probability or percentage that a place is gonna go in One Direction, but you still have to respect the market. And understand that it can shift at anytime. Follow for more.

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EPIQ Trading Floor’s Post

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Adjusting Strategies in a Volatile Market

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