Confirmation bias

Weighting information that supports a position you already hold.

In plain English

It does not feel like bias; it feels like noticing relevant information. Consulting more indicators makes it worse, not better.

Example

Opening a fourth timeframe until one of them supports the open trade.

Trading Psychology

See also

Used in these lessons

We count page views to see which lessons help. No ads, no profiling, no data sold. You can say no and nothing here stops working. Privacy policy