What is the psychology of "selling at the bottom" for a loss

[Peter8519]

Stops can make us look stupid sometimes. But it also saves our capital.
Here are 3 types of stops.
1. Money - % of capital
2. Technical - e.g. support or resistance, trailing
3. Time - e.g. after a certain time, put $ elsewhere
Even Warren got out of Airlines with substantial loss.
Dealing with probabilistic event can never get it right every time.

 

[Overnight]

Why would you assume that you re the only one in the market?
Stop loss hunts are for most common prices that are set in the trend by average traders
Not you specifically

What I am trying to show you is that your decisions to get out of the market at what you thought would be a safe place, but turns out to be the true bottom, is not a psychological issue.

You only make it one when it happens to you in a real trade. That sim trade shows you that it is all a judgement call. There is no cabal out to get you. They are not stop-hunting you.

 

[lucysparabola]

once you accept that nobody is actually out to get you while trading, you'll have a better perspective on everything.

 

[Nobert]

Opening long position with no clue about fundamentals & how the game works.

 

[margin_gamble]

once you accept that nobody is actually out to get you while trading, you'll have a better perspective on everything.

Your broker got you from day#1 has been licking his chops when your moolah will be his. Then you go to trade in the HERD by placing your stops in obvious places and they come for you there too.

Heck, even an internet chick like you can't go to the can in peace no more without some fella commenting about your loud effluvium tirades in the toilet stall.

There is no escaping teh predators when You and op are nothing but prey

Kapiche?

 

[margin_gamble]

Im trying to understand the mechanics or psychology or motivation behind this giving up and selling right before trend reversal.
I see it described in books and i am guilty of that myself.
And always seem to "give up" hours sometimes even minutes before a reversal and an uptrend

All HERD members = ALL of ET operate this way ...........

They extrapolate an extant TREND to infinity. The longer the TREND the deeper the conviction it will NEVER end.

They make gains as the market climbs but then when the market goes into the last stage parabola they start frothing at the mouth and get greedy beyond belief and pour in life savings and whatnot and they the marekt reverses and they get petrified and can't take action and just freeze.

Then they wait for the marekt to get up to breakeven so they can get out. When this never happens and the losses continue and build build up, eventually they can stand it no more and dujp the lot of it.

Often that's is or is close to the revresal point of the correction

A contrarian does not behave like this. Only an ET Herd member does = 99.999999% of fellas here. 100% of this thread is HERD

 

[lucysparabola]

Your broker got you from day#1 has been licking his chops when your moolah will be his. Then you go to trade in the HERD by placing your stops in obvious places and they come for you there too.

Heck, even an internet chick like you can't go to the can in peace no more without some fella commenting about your loud effluvium tirades in the toilet stall.

There is no escaping teh predators when You and op are nothing but prey

Kapiche?

dear lord, you're braindead. I'm not a woman.

 

[margin_gamble]

dear lord, you're braindead. I'm not a woman.

buuuuuuuuuuuuuuuuuuulllllshit!

 

[Overnight]

Why would you assume that you re the only one in the market?
Stop loss hunts are for most common prices that are set in the trend by average traders
Not you specifically

Here's another example, going the other way.

Another sim trade in MES this time, but it shows you that where you place your stops and targets is not hunted by a cabal of commercial boondogglers. It is just judgement, dude! See how the trade exited at the top for profit? You will not remember that if it is your trade. You will only remember the losses. That is the psychology imprint you need to work on.

 

[lucysparabola]

buuuuuuuuuuuuuuuuuuulllllshit!

Simple bet for you. @Baron (and a few others) can vet me not being a woman. I send proof to @Baron and you fuck right off of ET for good. of course he already has it, but I'll send him anything he requires.

of course you'll weasel out of this because you are a complete fucking clown. Delusional beyond the sum of all ET members in your sheer idiocy. You're embarrassing yourself yet again, but particularly thinking you'll win this one. I don't give two shits about your threads beyond the entertainment value, but this is one you'll lose.

make the bet or make peace, it's your call.