#MastertheMarket MastertheMarket
PSYCHOLOGY IS VERY IMPORTANT
The market moves in cycles, and understanding its psychology helps traders or investors stay disciplined in following their trading plan or investigation plan, manage risks well by always setting stop loss, and make smarter decisions.
Cycles:
🔸Euphoria: Prices surge, confidence grows, and traders rush in.
🔸Satisfaction & Anxiety: Momentum slows down, and uncertainty begins to emerge.
🔸Capitulation & Reevaluation: Prices decline, leading to cautious decision-making.