farehgas Posted Friday at 08:10 PM Report Share Posted Friday at 08:10 PM How do psychological levels, like round numbers, affect trading behavior? Quote Link to comment Share on other sites More sharing options...
Clezert Posted Tuesday at 06:04 PM Report Share Posted Tuesday at 06:04 PM Psychological levels can significantly influence trading decisions. I've noticed that traders often place buy or sell orders at these round numbers, causing price reactions. It’s like there’s a collective mindset around these levels that leads to unexpected volatility. During my time trading Forex with Weltrade, I’ve had my share of experiences where these levels triggered my trades, sometimes to my surprise. It's always a bit nerve-wracking watching how the market behaves around these points. Quote Link to comment Share on other sites More sharing options...
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