I used to wonder why traders keep buying near the top and selling near the bottom. After enough time in the market, it stopped being a mystery and started feeling uncomfortably familiar.
You watch price climb for days. Maybe weeks. You sit out at first, telling yourself you’ll wait for a pullback. It doesn’t come. Everyone seems confident. Charts look clean. Doubt slowly turns into urgency. You buy, not because it makes sense, but because staying out feels worse than being wrong. For a moment, it even works. Then it doesn’t.
When price starts slipping, you tell yourself it’s nothing. A normal move. You’ve seen this before. But it keeps slipping. Confidence fades into irritation, then into quiet panic. You don’t sell at the first sign of trouble. You sell when the loss finally feels heavy enough to end the stress. Right near the bottom.
Later, price recovers without you. That hurts in a different way.
Over time, you realize it’s rarely about charts or timing. It’s about how hope creeps in late, and fear shows up early. The market doesn’t trick you. It just reflects you back to yourself, especially when you’re not ready to look.
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