Well, shall we go? This will not be about technical analysis, but about why you bought at the highs again and then sold at a loss. Yes, I did that too. More than once. And here’s what I understood...
1. Fear and greed - two fabulous prostitutes
They control the market. Not analytics, not news, not the moon in Jupiter.
Fear and greed.
When there’s fear in the market - everyone runs around like cockroaches after the light. They sell at a loss because "that’s it, it’s over", "the project isn’t right", "I’ll think about it, maybe I’ll buy cheaper later". Sure, you’ll buy… but no.
When the market rises - everyone suddenly becomes confident geniuses.
"This is a rocket! I’m buying with all I’ve got!"
In a couple of days - a downturn, panic, and... here we go again. Brilliant. Right?
2. 90% of traders are in the red. You’re no exception.
Do you know who makes money on this carousel? About 10%. And it’s not because they read the moon or predict on candles.
They just do the opposite.
When everything is red like a face after a fiasco - they buy. When everything is green and singing "To the moon" - they sell. That’s the whole secret, baby.
3. A lesson from Grandpa Rothschild
Remember his words:
> "Buy when there’s blood in the streets."
And it’s not a metaphor. When everyone is in panic, when chats go silent, and no one writes you - that’s when you should be lying in wait. Waiting. Not rushing. And buying when it’s scary. Not the other way around, like 90% of "investors" do with their emotions.
4. Don’t buy when it’s green 🟢
This is my favorite. When the candle is green, everyone gets enthusiastic:
"I’m buying while it hasn’t flown away yet!" And then - bam! And it’s red. And you sit there, thinking: "Why did I?...
Here’s the rule for you:
> Never buy when it’s green. Even if you really want to.
Wait for a pullback. The price will be better. And you will be great.
5. The most common question when the market rises
Seriously. When everything is going up - I start getting messages:
"What to take? What’s trending right now?"
And when the market is down - silence. Even the echo is silent.
So, if you asked this question in a green market - maybe you’re a hamster. Don’t take offense. I was too. The main thing is to stop being one. Think with your own head. Don’t get led by emotions. The market isn’t about luck. It’s hell, discipline, and patience.
P.S. Don’t buy when it’s green, okay? 🔴