Common Psychological Biases in Trading - Ep 107

Optimus Futures Trading Tips & Strategies

As a trader, your mind can be your best friend or your worst enemy. Our brains have certain biases that can affect our trading decisions. Let's explore some of the most common biases and how to overcome them. _____________________________________________________________________________________ Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. An investor could potentially lose all or more than the initial investment. All traders should use ONLY risk capital. Risk capital is money that can be lost without jeopardizing an individual's financial security or lifestyle. Only risk capital should be used for trading, and only those with sufficient risk capital should consider trading. Trading is not a consistent income-producing vehicle.