Its market psychology.
The market will always play with your emotions. It will make you want to buy more before the big sell-off. It will make you want to sell everything before a big pump.
This is why it is important to stay calm and stay on top every day.
Emotions are really difficult to control and this is what makes trading so difficult. We make bad decisions when we are excited. We make bad decisions when we are afraid.
How do you avoid this feeling? One effective way is risk management. Don't overexpose yourself.
Risk what you can lose without worry while having profit targets you can be happy with.
The amount will always change depending on your status. Therefore, it is important that you are aware of your financial capabilities and manage your finances responsibly.
Don't give in to your emotions.
When you are extremely scared. Perhaps this is the best time to buy.
When you are extremely greedy. Perhaps this is the best time to sell.
Do this and you will see more results. Stop trading with emotions. You will lose every time. You actually have a better chance of winning if you do the opposite of what you feel.
Trading is not difficult when there are no emotions. It's only difficult because we get emotional about risking our hard-earned money.
Size your position better. There are fewer expectations. Have a conservative price target. Do this consistently and you will have better days ahead.
Good luck trading today ❤️
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