Ep47: Familiarity Bias

"I only trade EUR/USD, GBP/USD, EUR/GBP, and the NASDAQ".  WTF, why?  You must have Familiarity Bias, and it creeps up in more cases than just this.  Robb and VP list all the ways they know of, give some examples in their own trading, and as always, explain what can be done about it.

 

#TradingPsychology

 

Maverick Links

 

Click Here To Learn More about Maverick Forex Trading:  URL:

https://maverickfx.com/application-3-a/?utm_source=vpyt

 

Click Here To Learn More about Maverick Currencies: URL: https://maverickcurrencies.com/application-3-a/?utm_source=VPPodPsych

 

Click Here To Learn More about Maverick Trading’s Stock/Options Division: URL: https://mavericktrading.com/application-3-a/?utm_source=VPPodPsych

 

Maverick Trading YouTube Channel:

https://www.youtube.com/@mavericktrading

 

Robb’s Flat Earth Trading Society

https://www.youtube.com/@FlatEarthTradingSociety

 

No Nonsense Forex Links

 

VP’s Trading Psychology Book

https://nononsenseforex.com/forex-psychology-book/

 

Recommended Crypto Trading Platform (Bonus and Contest Eligibility) -

https://nononsenseforex.com/cryptocurrencies/best-crypto-trading-platform/

 

Blueberry Markets Blog (Top FX Broker) -

https://nononsenseforex.com/uncategorized/blueberry-markets-review-my-top-broker-for-2019/

 

Markets.com Blog (Other top FX Broker)-

https://nononsenseforex.com/uncategorized/markets-com-review/

 

US Residents Go Here (Top US FX Broker)-

https://nononsenseforex.com/uncategorized/ig-us-review/

 

Follow VP on Twitter

https://twitter.com/This_Is_VP4X

 

The hosts of this podcast are not licensed financial advisors, and nothing heard on this podcast should be taken as financial advice.  Do your own research and understand all financial decisions and the results therein are yours and yours alone.  The host is not responsible for the actions of their sponsors and/or affiliates.  Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Trading anything involves risk.  Losses can exceed deposits.