According to the trading psychology definition, traders who remain sensible at all times and do not succumb to greed or phobias have a better chance of receiving large payouts or at least not losing too much money.
Trading psychology refers to the emotional aspect of an investor's decision-making process, which may explain why certain decisions appear to be more reasonable than others. The role of greed and terror on trading psychology is primarily defined. Greed is the driving force behind decisions that appear to be excessively risky.
Risk management aids in the reduction of losses. It can also help traders avoid losing their entire investment. The danger arises when traders lose money. Traders can open themselves up to generating money in the market if risk can be handled.
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So it's mean that Trends are 3 types : i) Bullish (ii) Barresh (iii) Siteway
And Traders are i) position trader (ii) Swing Trader (iii) Day trader (iv) Scalper Trader
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