In this episode of Learn to Swing Trade the Stock Market, we explore a crucial topic for new and experienced swing traders alike: understanding and overcoming bias in trading.
Brian Montes explains the different types of biases—from confirmation bias and recency bias to overconfidence and loss aversion—and how these mental tendencies can cloud judgment and lead to costly mistakes.
Discover practical strategies to identify and manage these biases, including maintaining a trading journal, setting clear entry and exit rules, and relying on data-driven decisions.
Bias is a hidden but powerful force that can negatively impact your trading performance if left unchecked.
By recognizing your personal biases and implementing the steps shared in this episode, you can build a more disciplined trading approach, stay objective, and improve your swing trading results over time.
Don’t let hidden biases sabotage your trades. Tune in to this episode to gain control over the mental habits that could be hurting your results and start making better trading decisions today. Do you have a question or topic you want discussed on the podcast? Email Brian at brian.montes@icloud.com
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