The purpose of the markets is to extract MAXIMUM pain from the participants.
People forget the reason we can ENTER at "great" prices is when the majority are getting rid of them in fear to us.
Similarly, we are able to exit at ridiculously obscene prices only when bei kambings are buying from us with no regard to price in their greed of a "sure win"!
Been there; done it.
Looking back, its those positions I agonised over when buying are the most profitable. Those times when I super confident when entering, I often lose money :(
That's why the Earn More path is much harder... (but super fun when we get it right!)
CW,
ReplyDeleteAgree.
The purpose of the markets is to extract MAXIMUM pain from the participants.
People forget the reason we can ENTER at "great" prices is when the majority are getting rid of them in fear to us.
Similarly, we are able to exit at ridiculously obscene prices only when bei kambings are buying from us with no regard to price in their greed of a "sure win"!
Been there; done it.
Looking back, its those positions I agonised over when buying are the most profitable. Those times when I super confident when entering, I often lose money :(
That's why the Earn More path is much harder... (but super fun when we get it right!)