Built by Traders, for Traders

Ross Givens

Stock Trader & Educator

Are You Falling for the Recency Bias Trap?

Hey friend,

The third-quarter pullback took another pause yesterday. 

With just one more trading day to go until the fourth quarter – historically the strongest quarter of the year – everyone is looking to how the markets will move to get some insight on any new direction.

The Daily Direction

Note: All indexes closed higher yesterday – but not enough to cause any change in any index directions.

The Daily Nugget

Beware recency bias when evaluating your next move.

Recency bias is the tendency for our brains to place more weight on recent events.

In other words, we are overweighting certain pieces of data – even when said data doesn’t deserve that extra weight.

And that can cause us to misevaluate the situation – and miss opportunities.

The current third-quarter pullback is a good example of that.

History tells us the market has a good chance of rallying in the fourth quarter.

And yet, many traders will find themselves hesitant to take action when the rally begins.

Why? Recency bias…

Which causes them to overweight the third-quarter pullback…

And underweight the literal decades of data that supports a fourth-quarter rally.

That’s why Ross Givens is going LIVE tomorrow at 11 a.m. Eastern to show you his top strategy for targeting the biggest winners in any potential rally.

Don’t fall for the recency bias trap.

Click here to save your seat for his session tomorrow…

And put yourself in the best position for a traditionally strong quarter before the market opens on Monday.

The Traders Agency Team

Brand New Strategy for Profiting from AI Stocks

There’s a brand-new strategy in 2024 for going after big profits in AI stocks. It has nothing to do with Nvidia, Microsoft, Meta – or any of the big AI stocks the media can’t stop talking about.

It has to do with a fast-moving “backdoor” that has opened in the AI market... A backdoor that could send a very special class of AI stocks rocketing into the stratosphere.

Leave a Reply

Your email address will not be published. Required fields are marked *

GET THE TOP 3 AI STOCKS
FOR THE AI REVOLUTION NOW

High profit potential… strong insider activity… cutting-edge AI technology…

These are the stocks every intelligent trader and investor NEEDS to know about.

Subscribe below to get your FREE report on these stocks – plus a free subscription to Stock Surge Daily, a newsletter that will supercharge your trading potential by handing you market insights you can’t find anywhere else