After taking profit, flipping to open a short—people like this, please hold back
The essence of this mindset is the urge to prolong the thrill of trading, believing that since the price has already risen enough, the market will reverse immediately. It ignores the possibility that the trend may continue and over-trusts short-term turning points. In many cases, it’s emotion-driven rather than based on objective signals. The excitement caused by profits masks the risks; if the trend continues, it’s easy to quickly give back the earlier gains.
Wait until a short signal appears—there’s no rush to short. Trying to short without confirmation carries too much risk.
The essence of this mindset is the urge to prolong the thrill of trading, believing that since the price has already risen enough, the market will reverse immediately. It ignores the possibility that the trend may continue and over-trusts short-term turning points. In many cases, it’s emotion-driven rather than based on objective signals. The excitement caused by profits masks the risks; if the trend continues, it’s easy to quickly give back the earlier gains.
Wait until a short signal appears—there’s no rush to short. Trying to short without confirmation carries too much risk.
