Market psychology
Another question popped out, and basically it's why you have to be comfortable being wrong first
most people think good traders are right often.
that’s not true.
good traders are wrong early, then right later.
markets don’t reward perfect timing.
they reward correct direction with patience.
you enter where risk makes sense, not where certainty exists.
that means price can move against you first.
that discomfort is normal.
necessary, even.
every major move looks wrong at the start.
breakouts retest.
bottoms chop.
accumulation feels like dead money.
if you only want to be right immediately, you end up chasing.
buying strength late.
selling weakness late.
being wrong initially tests conviction.
being right eventually rewards it.
this is why sizing matters.
small enough to survive the doubt.
large enough to matter when you’re right.
the goal isn’t to avoid being wrong.
it’s to stay positioned long enough for the market to agree with you.
most people exit right before that happens.
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Market psychology
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