Understanding Market Psychology
Market psychology plays a crucial role in price movements. Learn how to read and use psychological factors in your trading.
Key Psychological Factors
Important aspects to consider:
- Fear and greed cycles
- Market sentiment
- Crowd behavior
- Individual biases
Trading Psychology
Managing your own psychology:
- Emotional control
- Decision making
- Risk tolerance
- Discipline
Practical Applications
Using psychology in trading:
- Sentiment indicators
- Contrarian strategies
- Market timing
- Risk management