Understanding of Group Behaviors

One of the useful understanding of unsuccessful traders is to act as a group. It very similar to a fish or herd of cattle. They simply have a position when they believe they can make money, and they get out because they are either they are losing money or perceive the risk of losing money. For example, people who have no patience are the most impulsive and are the most easily disappointed and share the smallest price objectives and shortest time frame perspectives. Thus, they are the most active and will all be trying to do the same thing at the same time.

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