#advise #TraderEducation #strategy
Thank you to the author for writing everything as it is. I recommend it to beginners. This is the truth about trading from practice.
Green_lamp
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Psychology in the Market: How Not to Be a Hamster 🐹
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.
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.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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