This is how people are:
When the market is soaring, they regret not going all in at the low, thinking to themselves: "I should have added to my position! That little bit of cash, what's there to be afraid of?"
When the real pullback starts, they begin to curse themselves as fools: "I shouldn't have fantasized about a miracle; I should have taken profits at the high and run away, now I'm stuck and deserve it."
So they resolve: "Next time it reaches this level, I will definitely sell!"
But when the 'next time' comes, emotions change again—"This time is different," "It can go a little higher," "I'm afraid to miss out if I sell"…
Human nature is so greedy, always wanting to catch the last penny, to eat the whole fish, even if it means swallowing the bones.📉
It’s easy to break the thief in the mountain, but hard to break the thief in the heart.
The ultimate opponent in trading is not the market, but oneself.
