THE SAME CANDLE CAN GENERATE COMPLETELY DIFFERENT DECISIONS
The market doesn’t change just because the trader is faced with a difficult situation. What can change quickly is the way that situation is interpreted.
A downward move can be understood as a threat. The same move can be analyzed as a possible opportunity. At another time, it can create the feeling that action must be taken immediately.
The price is the same. The interpretation can be different.
That’s why psychology in trading doesn’t mean trying to eliminate emotions.
$AAPLB $AAPL.US $NVDA.US
The market doesn’t change just because the trader is faced with a difficult situation. What can change quickly is the way that situation is interpreted.
A downward move can be understood as a threat. The same move can be analyzed as a possible opportunity. At another time, it can create the feeling that action must be taken immediately.
The price is the same. The interpretation can be different.
That’s why psychology in trading doesn’t mean trying to eliminate emotions.
$AAPLB $AAPL.US $NVDA.US