Open $INX , +30.29%. My hands are already shaking.
First, calm down and take a look: 24h low 0.005850, high 0.007975, current price 0.007687, and it has already given back 3.6% from the high. In this kind of position, it’s the most dangerous: it’s not that it hasn’t gone up—it already surged a lot. The thought “if you don’t get on the train now, it’ll be gone” is loudest in your head.
My own old bad habit is exactly like this: on the 1-hour chart, one big bullish candle pulls it up, and all three RSI lines are sitting above 70. I’m still telling myself “strong, and won’t turn back.” But when you review afterward, you find that the orders you chased are, in most cases, trapped inside the upper wicks during the sharp pullback.
24h trading volume is 28.67M U, which shows money really has come in—not that nobody’s playing a dead card. But volume doesn’t mean you can chase; volume can also mean someone else is offloading.
Don’t chase today. Let’s see whether it can pull back and hold steady. Missing a bullish candle isn’t a big deal. What’s truly regrettable is losing money by chasing the highs.
Just sharing personal trading psychology; not investment advice.
#INX
First, calm down and take a look: 24h low 0.005850, high 0.007975, current price 0.007687, and it has already given back 3.6% from the high. In this kind of position, it’s the most dangerous: it’s not that it hasn’t gone up—it already surged a lot. The thought “if you don’t get on the train now, it’ll be gone” is loudest in your head.
My own old bad habit is exactly like this: on the 1-hour chart, one big bullish candle pulls it up, and all three RSI lines are sitting above 70. I’m still telling myself “strong, and won’t turn back.” But when you review afterward, you find that the orders you chased are, in most cases, trapped inside the upper wicks during the sharp pullback.
24h trading volume is 28.67M U, which shows money really has come in—not that nobody’s playing a dead card. But volume doesn’t mean you can chase; volume can also mean someone else is offloading.
Don’t chase today. Let’s see whether it can pull back and hold steady. Missing a bullish candle isn’t a big deal. What’s truly regrettable is losing money by chasing the highs.
Just sharing personal trading psychology; not investment advice.
#INX
