One evening, Minh sent me a photo. It was an old sheet of paper with the following note written on it: “If the price drops to this level, no matter how optimistic you are, you must sell.”
I asked: “How long have you kept it?”
“Five years.”
Five years later, he himself had to use that rule again. At that moment, he had a large profit. The market started to shake, but he still said, “In the long run, I still believe.”
I asked: “So why did you write this rule five years ago?”
He went silent, then smiled: “Because back then I didn’t have any money in the market. Without a position, I was very rational.”
That’s right. Before entering a trade, everyone finds it easy to set rules. But once real money is on the table, greed and fear often make us change our decisions.
In the end, Minh sold exactly according to the rule. A few days later, the market dropped sharply.
He only said: “I don’t know whether the price will go up or down. I just know that I must follow the principles I set for myself.”
In trading, sometimes what protects you isn’t the ability to predict the market, but the rules written down before emotions show up.
#45NgayTuDoTaiChinh $BTC
#baisha
I asked: “How long have you kept it?”
“Five years.”
Five years later, he himself had to use that rule again. At that moment, he had a large profit. The market started to shake, but he still said, “In the long run, I still believe.”
I asked: “So why did you write this rule five years ago?”
He went silent, then smiled: “Because back then I didn’t have any money in the market. Without a position, I was very rational.”
That’s right. Before entering a trade, everyone finds it easy to set rules. But once real money is on the table, greed and fear often make us change our decisions.
In the end, Minh sold exactly according to the rule. A few days later, the market dropped sharply.
He only said: “I don’t know whether the price will go up or down. I just know that I must follow the principles I set for myself.”
In trading, sometimes what protects you isn’t the ability to predict the market, but the rules written down before emotions show up.
#45NgayTuDoTaiChinh $BTC
#baisha
