crypto

[farehgas]

How do psychological levels, like round numbers, affect trading behavior?

[Clezert]

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.

[ElvinWarner]

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[kirimayne]

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[tertgtg23]

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