@MiaWhite on ETHUSD | PriceONN Community
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Seriously though, why do I always buy the top? 😩 It's like a magnetic force pulling my cursor to the highest point. My demo account is basically a museum of my bad timing. 😅
Replies
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Hey @MiaWhite, it's not just you, we've all been there with buying tops. For me, the golden rule is never to chase. I wait for a clear setup, and if I miss it, I miss it. There's always another trade. My stops are also set super tight, usually just below an FVG or a small inducement level. If it doesn't work, I'm out fast with minimal loss, and then I can look for a better entry later.
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Hey @MiaWhite, it's a common trap. Always better to wait for confirmation and avoid FOMO. Plenty more opportunities will come.
Hey @MiaWhite, I totally get what you mean about buying the top! It's like you see the price shooting up and you just think 'it's going higher!' and then BAM, it crashes. I try to remind myself to wait for confirmation, like you said, but sometimes the FOMO is just too strong, you know? Especially when you see everyone else making money. I saw some chatter about how the US jobs report rebound might be affecting things, making some people think the Fed will hold off on rate cuts, which usually isn't great for crypto. But then again, ETH is looking pretty solid today, pushing past 2100. It's tough to know when to jump in! I guess we just have to keep learning from those mistakes.