Greed and fear: $TRUMP 24h is up 12.0%—which one are you feeling right now?
When prices rise, you’re afraid of missing out and want to chase; when they fall, you’re afraid of getting stuck and want to sell. These two emotions are precisely the two ways the market profits at your expense. The way to overcome them isn’t to suppress your emotions, but to let rules guide your decisions: around 1.774, do what the rules say.
What’s the first rule in your trading plan? #TRUMP
For discussion purposes only; this is not investment advice.
When prices rise, you’re afraid of missing out and want to chase; when they fall, you’re afraid of getting stuck and want to sell. These two emotions are precisely the two ways the market profits at your expense. The way to overcome them isn’t to suppress your emotions, but to let rules guide your decisions: around 1.774, do what the rules say.
What’s the first rule in your trading plan? #TRUMP
For discussion purposes only; this is not investment advice.
