I wanted to buy but didn't, and as a result, the price went up; I wanted to sell but didn't, and as a result, the price went down. So, you are immersed in regret, wondering why you didn't take action when you had good intentions. Why is there such a disconnect between thought and action? But is that really the case? In fact, this is just the way the human brain tends to remember the favorable sides for itself. In reality, many of your thoughts are wrong because without action, you avoided losing money or missed out on making more.

​Why do some people who call themselves seasoned investors think they can discern trends and price movements, yet have not made much money? This is one very important reason.~

For example, during last year's bear market, it seemed many had figured things out? In reality, this was just an illusion; many people merely reacted to the decline, thinking, 'Oh, I clearly saw the bearish trend, why didn't I act?' Then, when there was a bit of a rebound, they had the opposite view again.~