Describes the situation where a trader deviates from their original trading plan by opening and closing many positions based on emotions.
Did you know?
If overwhelmed by pessimism and falling prices, the FX market is defined as “bearish”, while if characterised by optimism and rising prices, it is called “bullish”. These two terms derive from the way in which bears and bulls attack their opponents, with the former swiping its paws downwards and the latter thrusting its horns upwards.
Word of the day
"Simple Moving Average (SMA)" - A representation of an asset’s average price over a period of time.
Stable Internet connection is a pre-requisite for trading.