Amateur traders love to gamble with great risks—they like to buy on upward breakouts and sell short on downward breakouts.
When amateur traders see a breakout, they immediately expect to get rich in a new major trend.
Professional investors, on the other hand, operate differently; they prefer to trade against the direction of divergence, waiting for the market to return to normal.
Professional investors know that breakouts are often a consuming movement, usually ending in a halt. That’s also why they prefer to exit during breakouts—trading in the opposite direction of the breakout.
When an upward breakout stalls, they start selling short; or when a downward breakout begins to return to a range, they start buying.
They enjoy contracts, like to study market movements, and analyze technicals. With years of experience and skills in the crypto space, I share them freely. I’m here in the community, always online, welcome to discuss and improve together.