- Fear and Greed: Traders panic sell during market dips and overbuy during FOMO-driven rallies.
- Overtrading: Making impulsive trades without a strategy leads to unnecessary losses.
- Confirmation Bias: Ignoring negative market signals and focusing only on bullish indicators.
- Loss Aversion: Holding onto losing positions for too long instead of cutting losses.
To overcome these biases, traders should develop a disciplined trading plan and use PNUT USDT to track market trends with a clear strategy.
What psychological factors influence PNUT/USDT traders?
Psychology plays a major role in trading success. Common psychological biases include: