A genuine feeling: seeing “Block trade on a certain exchange: BTC bear call spread, size: 100 contracts, notional value: US$8.0241 million” took me back to when I first got into the market.
Back then, I’d rush to act as soon as I saw a news story. More than once, I ended up buying near the top and selling close to the bottom.
These days, my routine is to read the full article first, then see how the market reacts, and only then decide whether to act. I’m doing the same thing this time: $BTC .
When it comes down to it, what worries me most isn’t getting the direction wrong—it’s letting a news item dictate my pace.
Has anyone else had a similar experience?
Just noting this down. Please make your own trading decisions.
Back then, I’d rush to act as soon as I saw a news story. More than once, I ended up buying near the top and selling close to the bottom.
These days, my routine is to read the full article first, then see how the market reacts, and only then decide whether to act. I’m doing the same thing this time: $BTC .
When it comes down to it, what worries me most isn’t getting the direction wrong—it’s letting a news item dictate my pace.
Has anyone else had a similar experience?
Just noting this down. Please make your own trading decisions.
