The Recency Effect - How it affects Trading

Raj had been watching the Nifty futures all morning, waiting patiently for a trade. Finally,Nifty came near His entry levels based on his trading system. He looked carefully at  the price action  he used to qualify his trades. Everything met his criteria. Price had turned bullish and  signaling long should be taken. “There’s no flaw in the setup,” he thought. The trade started working almost

Posted in: Technical Analysis