Have you noticed that retail investors always seem to lose money in the same way?
It's not that the market is particularly harsh, but rather that people are too easily led by their emotions.
At first, many people dive right in, heavily investing, and then they stare at the market all day. When the price goes up, their minds immediately start fantasizing about doubling their money and getting rich; when the price drops, their emotions crash instantly, $ACT
If the drop lasts a little too long, they begin to panic, becoming more and more afraid, and in the end, they sell at the lowest point due to a moment of hesitation.
Just when they sell, the price starts to rebound slowly.
They start to regret, slapping their thighs, feeling like they sold too soon, and can't help but chase back in.
And what happens? As soon as they chase, the price turns down again, panic sets in once more, and they can only sell again.
Going back and forth a few times, you'll find that the price of the coin doesn't differ much, but the money in your account keeps decreasing, and your position gets lighter.
It's not the market that's losing, but the repeated emotional trading.
I always emphasize a phrase when I lead trades and operate myself:
Not every candlestick is worth your reaction.
Entering and exiting without a plan is essentially just giving money to the market. $BARD
Those who can truly survive are often not the ones who trade the most, but the ones who can stay steady.
Less action, keeping the rhythm, waiting for opportunities, allows money to gradually stay on your side.
If you're still confused and trading randomly, feel free to come to the chat room and find me to learn how I do it.
