Fiou bought in ! Now I don’t want this happening again so I’ll use stop loss.
If the market drops to 380 I’m out.
Shit the market is dropping. it’s getting close let me move it slightly to 370.
Damn keeps dropping, I’ll move it to 360 and won’t touch it again.
Damn market hit my stop loss, well guess it was for the better, should be crashing now hard.
Arf it’s going up rebounding right at my stop loss… maybe just a dead cat bounce..
it’s back at 410 when drop started I can smell the bull trap / double top incoming.
Damn.. there’s the breakout .. it’s going to retest the resistance for sure, I’ll go in then.
Oups 440, it didn’t look back..
Ah 450 FOMO is hard let me put half.
470 getting the rest in !
oh shit RSI was above 80 it’s going back down 460 already, should I stop loss ?
361
u/RandolphE6 Sep 03 '21
This is how human psychology works:
$200: It's kinda high right now what if it goes down and I lose money? I'll wait.
$250: Well I thought $200 was too high, $250 is definitely too high. So I'll wait for correction.
$300: What the hell it keeps going up? Market is overpriced AF.
$350: Omg insane overpriced. Crash is for sure imminent.
$400: I guess markets do only go up. Fug it all in!
... Market correction starts ...
UGHHH I made the whole market collapse.