Help Center Blog Open An Account

5 Psychological Biases That Destroy Traders and How to Avoid Them 

Originally published at: https://optimusfutures.com/tradeblog/archives/trading-psychology-tips/%20

This article on trading psychology tips is the opinion of Optimus Futures. In 2020, with work moved to the home office, many folks decided to try their hand at trading for the first time. Ironically, most entered the market right at or near the bottom. Suddenly, a large group of relatively inexperienced traders were made to believe they were market mavens simply through buy and hold strategies. This line of thinking lead to many trading haphazardly until eventually most if not all of the money they had made disappeared through bad trading decisions. After suffering loses, for most people anyway,…