To get straight to the point, seeing “the probability of a 25-basis-point Fed rate hike in October is currently estimated at 23.8%” reminded me of when I first got into trading.
Back then, I’d rush to act as soon as I saw a headline. More than once, I ended up buying at the peak of the excitement and selling near the bottom.
These days, I make a point of reading the original report first, then seeing how the market reacts, and only then deciding whether to act. $BTC This time is no different.
In the end, the easiest mistake to make isn’t getting the call wrong—it’s letting a single headline dictate your position.
Have you had similar experiences?
#BTC
Back then, I’d rush to act as soon as I saw a headline. More than once, I ended up buying at the peak of the excitement and selling near the bottom.
These days, I make a point of reading the original report first, then seeing how the market reacts, and only then deciding whether to act. $BTC This time is no different.
In the end, the easiest mistake to make isn’t getting the call wrong—it’s letting a single headline dictate your position.
Have you had similar experiences?
#BTC