Nemo StreamsDec 15, 2021 · 3 years ago5 answers What strategies can be used to overcome recency bias when trading digital currencies?
What are some effective strategies that traders can employ to overcome recency bias when trading digital currencies? Recency bias refers to the tendency of traders to give more weight to recent events or news when making trading decisions, which can lead to irrational behavior and potential losses. How can traders avoid falling into this bias and make more objective and informed decisions in the fast-paced world of digital currency trading?