When I first started trading, I remember there was a person I use to look up to, or one of my mentors as you would call it, and he told me to be a good trader you have to something think the total opposite of all the other traders other there.
This chart is the purest form of the psychology of investing
The psychology of investing chart below is basically showing you the phases of a trader and how they trade a typical trend. I am sure many of our readers understands this process and the psychology behind how a trader thinks, act and behaves! Quite amusing to say the least!
|psychology of investing|
psychology of investing
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