Tag: market psychology
How To Overcome FOMO in Trading?
FOMO, or the “fear of missing out,” is a psychological state where a trader feels an overwhelming urge to enter a position based on the movement of others rather than their own technical criteria. In the high-velocity environment of financial markets, this often manifests as buying an asset after a significant price surge or selling…
What are Morning Star and Evening Star Patterns?
Candlestick patterns are visual representations of shifts in market psychology. While most individual candles represent a continuation of current sentiment, specific multi-candle clusters suggest that the dominant force in the market—whether buyers or sellers—is losing its grip. The Morning Star and Evening Star are two of the most recognizable three-candle clusters used to identify these…
