Why the Sunk Cost Fallacy and Crowd Sentiment Trap Beginner Traders
Market sentiment and behavioral biases frequently trap beginner Forex traders into making emotional decisions. Guided by concepts like the sunk cost fallacy and crowd psychology, this article explains why traders hold on to losing trades and how technical analysis attempts to read market moods. The main takeaway is that setting strict limits and removing emotion from trading are vital to surviving the currency markets.















