I came across an old saying and suddenly saw how it matched today's market.
The book *Thinking in Systems* makes a point:
Donella Meadows talks about feedback loops: positive feedback makes a system run out of control, while negative feedback stabilizes it. Leverage is positive feedback; stop-losses are negative feedback. Which of the two is stronger in your account determines how long it lasts.
Take today's $ETH as an example: currently 2,271, up 1.25% over 24 hours. This market action happens to confirm the point above. It's no coincidence—it's human nature repeating itself in the markets.
Looking back, the places where people stumble are all spelled out in that sentence.
Wait for the signal, not the mood.
#ETH #投资哲学 #交易心态 #Crypto
The book *Thinking in Systems* makes a point:
Donella Meadows talks about feedback loops: positive feedback makes a system run out of control, while negative feedback stabilizes it. Leverage is positive feedback; stop-losses are negative feedback. Which of the two is stronger in your account determines how long it lasts.
Take today's $ETH as an example: currently 2,271, up 1.25% over 24 hours. This market action happens to confirm the point above. It's no coincidence—it's human nature repeating itself in the markets.
Looking back, the places where people stumble are all spelled out in that sentence.
Wait for the signal, not the mood.
#ETH #投资哲学 #交易心态 #Crypto