The Psychology Behind A Price Rally

The Psychology Behind A Price Rally

The Thinking Behind A Rally In Price

These days you can see excited and euphoric traders in twitter, forums and everywhere in the web talking about rallies, big profits and about the dream of making a ‘killing’ from joining the long-lasting trends you can witness these days. The truth is, traders join trends too late and miss the exit just to see their profits evaporate and being left with nothing, but the clueless perplexity how they managed to lose money over a several thousand pip rally.

The following price chart illustrates the different phases and stages the average trader undergoes during a price rally.

 

PriceRally

No Comments

Comments are closed.



Advertisement - External Link
Join our newsletter, get the free eBook and the webinar
10 Laws for Trading Success
Subscribe & Get eBook
I agree to the Privacy Policy
No thanks
10 Laws for Trading Success
Join our newsletter, get the free eBook and the webinar
Subscribe & Get eBook
No Thanks
I agree to the Privacy Policy

Cookie Consent

This website uses cookies to give you the best experience. Agree by clicking the 'Accept' button.