STOP. Don’t Trade... Yet! 🚨
Before you hit the buy or sell button, take a step back. I know the feeling — you’re watching the market move, emotions are high, and the temptation to act can seem overwhelming. But here’s the truth: trading isn’t about quick reactions; it’s about thoughtful decisions.
So why do we often feel this impulse to jump into action right now? It’s all psychological. The market is moving and we see opportunities, or worse, we’re afraid of missing out. Our minds are wired to avoid losses and chase quick wins, but this impulsive behavior can be disastrous. That “gut feeling” to jump into action? It’s usually your emotions taking over, not logic.
Here’s how to slow down and outsmart the market:
• Distribution phases: They can signal a market top, but we’re often too eager to ignore them. Take a moment and evaluate — are we close to a resistance zone? Could these be false breakouts?
