Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
sentimenttraders
-
Content Count
1 -
Joined
-
Last visited
-
The Blind Spot in the Mind's Eye That Sabotages Your Trading
sentimenttraders replied to Rande Howell's topic in Psychology
oh. Very useful thread. Thank you so much for sharing your valuable knowledge sir! I have this approach: “The crowd is irrational, set yourself apart from them” Psychological shortcomings are the number one killer of retail trading accounts. Retail traders, as an aggregate crowd, acts similarly and predictably together, thus create repeating chart patterns that are exploitable by the Smart Money who manipulates the crowd behaviours. By positioning yourself as a contrarian trader, you’ll have an insightful advantage to stand out from the uninformed crowd.