The Same Level, Different Conditions | Recency Bias in Trading
Why do traders keep trusting the same support level even when the market has changed?In this episode of IM7 Intelligence, we explore one of the most common cognitive biases in financial markets: recency bias.Using a real Bitcoin chart, we examine how a familiar support level can create false confidence, why lower highs matter more than remembered price levels, and how traders often confuse familiarity with probability.Markets don't reward memory.They reward observation.Read the full…
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