When the coin price jumps up with a big bullish candle, everyone in the group is shouting to rush in. You hesitate for a moment and chase in—then you end up
right at the top of the mountain. This script is played out every day.
Figure out the one big bullish candle that makes your heart race: it’s what full-position holders want you to chase in and take
.
A clumsy but effective method: when you want to chase, force yourself to wait for three K-lines. If the pullback shows reduced volume and stabilizes,
Your entry is better; if it drops straight back down, congratulations—you saved yourself some tuition. The market will always
give you a second chance, but it won’t give you a second principal.
What do you think? Share your experiences in the comments.