Buy high, sell low: the fastest way to go broke in trading
Whenever I saw prices going up and up and up, I used to jump in quickly — thinking “If I don’t enter now, I’ll miss the profit!” 🚀
I would buy right at the top, hoping it would keep going higher. But instead, the price would start dropping… and I’d end up in loss.
Then when prices were falling, I used to think “Okay, it’s crashing — I’ll sell short now and make it back.” But again, I was entering too late — after most of the move had already happened.
So basically, I was:
✅ Buying high
✅ Shorting low
❌ And always chasing the market instead of planning.
This was my biggest lesson:
Trading with emotions and chasing pumps & dumps almost always leads to loss.
Now I’m trying to trade with patience, proper entries, and risk management — not fear and greed.
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