#psychology #trading

How important is an understanding of psychology in trading? Why do you decide to take a certain action and an even more important question is how not one person makes a decision, but the so-called "crowd".

Many experienced traders will say that understanding psychology is even more important than TA patterns because every figure has a reason why it works and a reason in our head.
Therefore, I want to share with you a video of the famous channel Vsauсe, about how people make decisions, what reasons lead to this and why we ALL make irrational decisions, as if it is built into us by billions of years of evolution.

https://www.youtube.com/watch?v=_ArVh3Cj9rw

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