Trading bias allows traders to make informative decisions when dealing in the market. This relates to both novice and experienced traders alike. This article will cover:
- What a bias is in trading
- Why traders need a bias
- How to develop trading bias using technical indicators
- Further reading to develop a successful trading mindset
WHAT IS BIAS IN TRADING?
Trading bias is a predisposition or perspective of the financial markets whereby traders believe there is a higher probability of a certain outcome as opposed to any other alternate possibilities.