"Topping and bottoming" is a common mistake in trading, especially when psychology and emotions dominate investment decisions.
1. FOMO Effect & Panic Selling
When the market rises sharply, you get caught up in the "fear of missing out" (FOMO) mentality, leading to buying at the peak.
When prices drop significantly, you panic and sell at the bottom to cut losses.
2. No Clear Strategy
There is no trading plan (entry, stop-loss, take-profit).
Technical indicators or data analysis are not used before making decisions.
3. Influenced by News & the Crowd
Relying on news or "tips" from KOLs instead of analyzing objective data.
When you see others buying en masse, you get swept along without reassessing the risks.
4. Inability to Control Trading Psychology
Expecting too high returns → Chase purchases when prices have already risen sharply.
Fear of losing money → Cut losses too early when prices only adjust slightly.
5. Poor Capital Management
Putting too much capital into one trade → When prices move against you, psychology is heavily affected.
Not setting reasonable stop-losses → When prices fall, there is no reasonable point to cut losses.
Ways to Improve
✔ Build a clear trading strategy (entry/exit rules, risk management).
✔ Use technical analysis & data instead of emotions.
✔ Practice controlling psychology, not getting swept along by the crowd.
✔ Set reasonable stop-losses & take-profits, do not go all-in on one trade.