Market Psychology – Emotions Drive the Ride
Each phase of the market has its own emotional landscape. Here’s how these cycles break down:
• Red Phase (All-Time High Hit): At market peaks, complacency takes over. The excitement fades to anxiety and denial, and as prices drop, panic hits. This is where many sell at a loss, giving in to fear and “capitulation.”
• Yellow Phase (Accumulation): With prices stabilizing, anger and frustration can turn into apathy. Depression sets in, and only the brave or experienced start accumulating assets. But as hope rebuilds, a new foundation is set for the next rally.
• Green Phase (Bull Run Begins): Optimism rises as all-time highs are broken. Belief grows, then comes the thrill, and finally, euphoria takes over as prices soar. People rush to buy here, thinking the gains are endless—often at the top.
Combining Timing with Psychology – The Perfect Storm for Losses
Knowing the cycle and understanding the emotional phases can save traders from acting out of fear or greed. But these forces often combine, leading to late reactions: buying too high, selling too low, or holding when the exit signal is clear.
Takeaway – Stay Ahead of the Game
The real key is staying aware of the market’s phases. Use each stage to plan entries and exits that align with market sentiment, not emotion.