Tag: Market Psychology

Trading Psychology and Behavior

The Role of Herd Mentality in Forex Trade Execution

In the intricate web of global finance, the forex (foreign exchange) market operates with a staggering daily volume surpassing $6 trillion. Here, currency traders seek profits by speculating on the value movements between different fiat currencies. However, amidst the charts and economic indicators, there lies a less quantifiable factor influencing the market: the herd mentality. […]

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