The fear of losing money stops many traders from increasing their trading volumes for further profit growth. The more capital you have, the more you can lose on each trade. However, if you don’t increase the volume of transactions, then the profit will be negligible throughout your career. What should you do?
Today we will talk about a fairly common pattern in the market - Spike. It was first mentioned by Jack D. Schwager, an experienced trader and a well-known author of financial books. He argued that the reason for education is the psychological aspect of traders’ behavior. Spikes often appear due to panic among market participants or due to simple spontaneity in their actions.
Stay tuned for the latest FXCL stories
By leaving your address, you agree to receive our e-mails. But you can unsubscribe at any time