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Disciplined Trading Strategies

Human Biases in Trading

09 Nov 2023

Description

Without a question, the biggest disadvantage we have as traders is being human. Along with all the good things come some really bad things for traders. We come with emotions that do nothing but confuse us. We have hidden demons that we do not even know are operating. In addition, whether you realize it or not, as you develop as a human, you develop ‘biases’. A predetermined view of how something will act. Webster defines bias as “a personal and sometimes unreasoned judgment”.Here are the charts to follow along:Chart 1:https://drive.google.com/file/d/1bbWfvPjnq0ZRXupDlxCqgoYxmb2KarHl/view?usp=drive_linkChart 2:https://drive.google.com/file/d/1sr3kol8rUyFjv99Cu_WH72hqMCnCUbL-/view?usp=drive_linkChart 3:https://drive.google.com/file/d/1hYlERxLkz8AgjnDUSTD5VUIH_CJ-nceH/view?usp=drive_linkSet up a free coaching session with Paul:https://calendly.com/dts-paul/coaching-session-w-paulThe DTS Free Stuff Page:https://disciplinedtradingstrategies.com/free-stuff/To learn more, visit:http://disciplinedtradingstrategies.comListen to more episodes on Mission Matters:https://missionmatters.com/author/paul-lange/

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