Home » Stock Picks » Are You Falling for the Recency Bias Trap?

Are You Falling for the Recency Bias Trap?

Facebook
Twitter
LinkedIn
Reddit
Email

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

All This is Yours for just 99 CENTS! (Limited Time Only)

No catch and no gimmicks. Get a full year of access to Ross Givens’ Live Action War Room for just 99 cents today – alongside the name of his “$3 AI Wonder Stock”. Deal expires soon.

Claim This Deal
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments

Whats in the Article

Traders Daily Direction

Looking for an edge? Our team has the inside scoop on top analysis that will help grow your portfolio.. Receive a new daily direction every day and get ready to see your investment SURGE!

Tags
Recent Posts
Recent Comments
Traders Agency
Traders Agency
708 Google reviews
Write a review
Réjean Roberge
Réjean Roberge
November 28, 2023
I'm a new member of 'Insider Effect' and sent a support email and was responded to within minutes. It starts very well.
Philippe Rocher
Philippe Rocher
November 28, 2023
I'm happy I recently opted in to the Ross Givens's Trading Club at Traders Agency (at the best and fairest offer I could possibly get). I'm new to trading U.S. stocks and options on a regular basis but it doesn't matter, Ross does all of the hard work for me while I'm trading at my own pace (he knows how to trade successfully most of the time and I know that I won't win every trade. Fair enough). He and his great team share a lot of their trading experience in live sessions. Great job. Thanks a lot!
CB Tudor
CB Tudor
November 20, 2023
Excellent, very educative and honest service! Worth every penny and more.
Jay Herpick
Jay Herpick
November 11, 2023
I've found your buying of stocks and options very helpfull. Just wish I had found you folks five years ago. Your friend, Jay H
Ned Ewing
Ned Ewing
November 6, 2023
I've been working with Ross Givens and have learned a lot. Support has been very helpful and on top of response times. :)
donald macdonald
donald macdonald
October 23, 2023
Great session! Ross explains everything well!
Jim Bowen
Jim Bowen
October 10, 2023
I started with Ross Givens and Trader's Agency GOLD in September of this year and have had some significant success on all but one of the trades he suggested. I have actually made 157% in profits over what I paid to join Traders Agency within my first 30 days. I am no stock expert and I want to know more about how to invest in the market. Ross's videos and strategy sessions are very insightful, and you can chat during the sessions to get his feedback. He's got all the tools at his disposal and has set up some good algorithms in order to help one understand the chaos and fundamentals to watch for in order to make a good investing decision. I have had other investment "helpers" that never yielded what I have within such a limited amount of time. I think Ross, and his team, is the "Real Deal"
Andrew O'Boyle
Andrew O'Boyle
September 20, 2023
I have been a member of Traders Agency for 3 months. Ross is the real deal! I could not be happier with my results! Thank you Ross and the Traders Agency Team! I found my passion :)
Philip McElroy
Philip McElroy
September 14, 2023
World Class customer service and I would am really qualified to make this statement.
Trustpilot

THIS MATERIAL IS OFFERED FOR EDUCATIONAL AND GENERAL INFORMATIONAL PURPOSES ONLY. NO INVESTMENT ADVICE OFFERED.

This is an advertisement for online information courses, workshops, classes and other educational programs relating to finance and investing. It is not an advertisement for investment advice. Pursuant to FTC regulations and federal law, Traders Agency, LLC intends for the information in this advertisement to be truthful and not misleading. Accordingly, any and all readers of this advertisement (this means you) are fully informed that none of the information, material, or courses that Traders Agency, LLC offers constitute investment advice as defined by the SEC and by federal law. These materials do not take into account a subscriber’s (this means your) particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation (this means to you) for the purchase or sale of any security or investment strategy.
Under SEC regulations and federal law, the purchase, sale, or advice regarding any security, other financial instrument or system can only be performed by a registered/licensed industry representative such as, but not limited to, a registered investment advisor. It is very important todo your own analysis before making any investment based on your own personal circumstances.

Investing involves substantial risk and results are not guaranteed.
Neither Traders Agency, LLC nor its principals or affiliates are registered investment, legal, or tax advisors or broker/dealers.

Traders Agency, LLC is not registered with the SEC or licensed as an investment adviser. We do not offer investment or financial advice. Individual subscribers (this means you) are solely responsible for confirming the accuracy and appropriateness of the provided information for their own uses with their personal tax, finance, or legal advisor.

INVESTING INVOLVES RISK, INCLUDING THE POSSIBLE LOSS OF PRINCIPAL. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS. RESULTS ARE NOT GUARANTEED.