Author: Inna Golovacheva, a trader with a broken stop and wet flip-flops on the price path
🏝 What is a slump?
A slump is a sharp and rapid price drop. Like the market was going, going, and suddenly: Namuang! You thought the path was to the highs. But it turned out to be a slippery path to hell, and now you are not a climber, but a tourist without insurance, carried down along with the daily candle.
🌊 Why a waterfall?
Because there is no step.
Because everything happens in seconds.
Because you first look, and it seems everything is beautiful, and then it starts "AAAAAAAAAAAAAA"...
It's not a correction, it's body surfing on liquidations.
🧗♂️ What does a slump look like in the spirit of Samui?
It was $67,800 → it became $57,400 in an hour)
It rained like a downpour in the tropics, with no umbrella, no stop, no plan. You stand in the trade like a tourist in shorts under Namuang, with a phone in hand, and the market carries you down the slippery reality.
🐒 Who is to blame?
A whale that decided to go into fiat.
Macro weather: fear index, Fed rates, geopolitics.
Buy-bots that set leverage x50 and forgot about liquidations.
You yourself, because "what if it doesn't drop?"
🧠 What to do if you are on the edge.
Don't jump after the chart.
Don't average down with screams "I believed in you, God!"
Set a stop and think: "If you want to be an investor - be one, but not at the moment when everything is sinking."
🧴 The market - the Namuang waterfall: the chart flies down like water falls from a cliff, everything is sudden, everything is wet, you can break your deposit, you can break your leg, beautiful in photos, scary in reality, first likes, then tears both in trading and on Instagram.
💬 The finale.
A slump is the Namuang of the market. A waterfall that washes away not those who are weak, but those who decided not to take stop-shoes with them.
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