Hello everyone

Today we will talk about how the crowd influences market behavior and how to use this knowledge to your advantage.

It’s time to take control of your emotions and not buy assets on impulse candles. Trading is not just numbers on a chart. Behind every market movement lie the emotions and actions of thousands of participants. What is crowd psychology?

Crowd psychology is the influence of a group of people on the individual decisions and behavior of each of its participants. In financial markets, the crowd is created because most traders are subject to emotional reactions such as fear and greed.

This leads to the formation of herd behavior, where people begin to make decisions based on the actions of those around them rather than their own analysis. In financial markets, this can manifest in the form of: - "bulls": mass buying of assets on expectations of price increases; "bears": panic selling on expectations of declines;

- FOMO (fear of missing out): the fear of missing out on profits and participating in the "hype"; panic and mass sell-offs: when participants start selling assets out of fear.