Before you take my head off, I am well aware that for any trading strategy, they say having a bias is a profit killer. But what I’m referring to is how I develop a directional bias for each trade. The reason I need a directional bias is because at the end of the day, trading is inherently biased. Every time you buy, you are bullishly biased. You expect your purchase to appreciate in value. Vice versa for shorting. The big question that would affect your disposition is fundamentals and timeframe.

As with all my posts, I am going to speak from my own perspective and how I take this into account in my own trade plan. Some of you may disagree wholeheartedly, and that is fine. But I hope you learn something that helps you in development of your own trading plan.