⁉️Why does the market move against my trade as soon as I enter?⁉️

The feeling that the market often moves against your trade shortly after entry is a common experience among traders and can be attributed to several factors.

Now let’s look at why the market moves against your trade as soon as you enter:

1. Market Noise:

Short-term price fluctuations can appear random and are often caused by noise rather than any fundamental change.

These movements can create the impression that the market is moving against your trade immediately after entry.

2. Entry Timing:

Poor timing of trade entries can result in entries at points where the price is most likely to reverse.

This can happen if you are chasing the market or entering based on lagging indicators.

3. Stop Orders: If you place stop orders too close to your entry point, normal market fluctuations can trigger them, causing you to exit your trade early and reinforcing the perception that the market is moving against you. 4. Psychological Factors: Cognitive biases, such as confirmation bias and loss aversion, can make losses or adverse movements seem more significant than they really are. This can make it seem like the market moves against you more often than it actually does. 5. Market Manipulation: In some cases, market manipulation by larger players can create short-term price movements designed to trigger stop orders from retail traders, although this is less common in highly liquid markets. 6. Lack of a Trading Plan: Without a well-defined trading plan that includes proper risk management and entry/exit strategies, trades can be more susceptible to adverse movements. #BinanceLaunchpool #write2earn🌐💹 #tradingview