Social pressures are external factors that can have a direct influence on a trader's psychology, encouraging them to change their attitudes, values and behaviours. Herding in trading is the tendency for traders to follow others without doing their own research and analysis.  We discuss how traders can manage this.

<p>Social pressures are external factors that can have a direct influence on a trader's psychology, encouraging them to change their attitudes, values and behaviours. Herding in trading is the tendency for traders to follow others without doing their own research and analysis.  We discuss how traders can manage this.</p>

When it comes to investing or trading, your mindset is one of the most important things that play a part. How does psychology impact trading? Discover the factors that can influence financial decisions – personality, emotions and moods, biases and social pressures. We unpack these in this series, Trading Psychology, brought to you by IG.

<p>When it comes to investing or trading, your mindset is one of the most important things that play a part. How does psychology impact trading? Discover the factors that can influence financial decisions – personality, emotions and moods, biases and social pressures. We unpack these in this series, Trading Psychology, brought to you by IG.</p>

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