Have you ever watched a running competition and one of the competitors starts off before the start signal is given?

Or a swimming competition, and one of the contestants also jumps into the water before the referee gives the signal? If you are a fan of following the Olympic Games, then these scenes have certainly been repeated in front of you more than once... In addition to remorse and revenge, which we will deal with later, this enthusiasm driven by the desire for success is the most important reason for what is called impulsive trading and the rush to success, whether this success is Excelling in sports, making profits in the market, or even accomplishing any small work is one of the strongest human desires.

Unlike sports competitions, unfortunately for traders, there is no one to give them the go-ahead when a deal with the right conditions appears. Therefore, you will find them vulnerable to early start all the time.

Times of liquidity and cash flows to the markets are one of the factors that control the emergence of psychological obstacles in general, but they strongly help in the emergence of the obstacle of rushing to success.

When liquidity flows strongly into the markets, it is easy to achieve profits, which tempts the trader to ignore the conditions of his entry and jump into any deal that the market movement tempts him with. Also, when liquidity decreases and opportunities become scarce based on the entry conditions set by the trader, traders begin to feel bored with the market movement and become possessed by the desire to achieve the usual profits and prove their abilities as professional traders, so they jump into deals again thinking that they have met the sufficient amount of entry conditions or even to ignore them. Totally about those conditions.

Time intervals are also one of the factors that reflect the trader's desire for quick success. Therefore, we will find many traders prefer to trade on small time intervals, where entry conditions are met from a moving average crossing or breakout of technical patterns, more than on large time intervals, even if the final outcome of their trading is useless.

Mistakes a trader faces when rushing

The illusion of having opportunities in the market or entering into incomplete opportunities.

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