TalkingTrading

Biases influence how you manage your money. The anchoring bias is a fascinating one, and part of the human psyche that is sometimes quite hard to understand. We get ourselves anchored to pieces of information that may or may not have any bearing on the facts and the decisions we need to make. Let’s unpack the anchoring bias and learn how we can try to be aware of it in our lives so we don’t make the classic trading blunders caused by lack of awareness.Know someone who would love Talking Trading?Show a friend how to register on www.talkingtrading.com.au so they can share in your passion for the markets. If you’re serious about taking your trading to the next level, don’t leave it to chance. Head over to tradinggame.com.au and grab your free trading plan template. It will help you trade with confidence and clarity. Visit tradinggame.com.au, sign up, and get your template now. Trade confidently. Louise Bedford is a best-selling author and founder of www.tradinggame.com.au and www.talkingtrading.com.au.Faceb