Well, let's go. This won't be about technical analysis, but about why you bought at the highs again, and then sold at a loss. Yes, yes, I've done that too. More than once. And here's what I understood...
1. Fear and greed - two luxurious prostitutes
They control the market. Not analytics, not news, not the moon in Jupiter.
Fear and greed.
When there is fear in the market - everyone runs around like cockroaches after the light. They sell at a loss because 'that's it, the end', 'the project is not right', 'I'll think about it, maybe I'll buy cheaper later'. Aha, you will buy... but no.
When the market is rising - everyone suddenly becomes a confident genius.
"This is a rocket! I'm buying all in!"
In a couple of days - a drop, panic, and... around we go again. Brilliant. Right?
2. 90% of traders are in the red. You are not an exception
Do you know who makes money on this carousel? About 10%. And not because they read the moon or predict with candles.
They simply do the opposite.
When everything is red, like a face after a fiasco - they buy. When everything is green and they're singing 'To the moon' - they sell. That's the whole secret, baby.
3. A lesson from Grandpa Rothschild
Remember his words:
> "Buy when blood is running in the streets."
And this is not a metaphor. When everyone is in panic, when the chats are silent, and no one is writing in private messages - that's when you should be lying in wait. Waiting. Not fussing. And buying when it's scary. Not the other way around, like 90% of 'investors' do based on emotions.
4. Don't buy when it's green 🟢
This is my favorite. When the candle is green, everyone's enthusiasm lights up:
"I'm buying, before it flies away!" And then - bam! And red. And you're sitting there, thinking: 'Why?...
Here's a 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'll be a hero.
5. The most common question when the market is rising
Seriously. When everything is flying up - I start getting messages:
"What to buy? What's trending 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 one too. The main thing is to stop being one. Think with your own head. Don't get carried away by emotions. The market is not about luck. It's hell, discipline, and patience.
P.S. Don't buy when it's green, okay? 🔴
