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

[Scataphagos]

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

For example today avct
I made a stupid mistake of riding it through RS
And for absolutely no logical reason held it through the slow downtrend after RS
And after watching it slowly go down more every day i said thats enough for me its not moving up or down so im out and literally minutes after i sold it it spiked

This happened to men many times and i still cant figure out how i managed to sell right at the fn bottom before trend reversed

I mean i never see it when im not holding a losing position and if i decide to hold it just keeps going more down
I need help to figure this out

Obviously the right move was to "put the stahp loss bro" so i dont need a repeat of literally every youtube guru "the stahp lass bro"

Just need to figure out why and how i manage to consistently find the bottom of the trend but its never in my favor

How you should have played it in 2 parts..

1. Have a stop in place that would take you out as the market started dropping (drop was fast so may have had undesirable slippage in your fill)

2. After the "possible/apparent bottom" decide what to do next.

 

[cesfx]

Just need to figure out why and how i manage to consistently find the bottom of the trend but its never in my favor

I don't think is about psychology, but knowledge, skills and mindset.
You are on the other side of those trades, because someone has to be there.

Maybe you are trading the wrong way around? Maybe what you studied, it's just retail bait?

Try to work around what you can see. Maybe enter the trade where you would have put a SL...

 

[Businessman]

This happened to men many times and i still cant figure out how i managed to sell right at the fn bottom before trend reversed

I mean i never see it when im not holding a losing position and if i decide to hold it just keeps going more down

You are buying high (when a stock looks really strong) and selling low (when a stock looks really weak).

Buying strength works best in a strongly up trending stock which isn't pulling back much, general bull market conditions also help.

For a stock like AVCT it wont work, it has got a range bound chart for the last six months and is down 95% YTD.

 

[lucysparabola]

He's challenging you to a video call? I would take that challenge in a heartbeat! I did it with that other faker here, the Indian dude. Padutrader!

Dude, take it! Prove his ass wrong!

I have nothing to prove, he thought I was shit talking him in his war thread against you, Dest, etc but I wasn't. it would be obvious if I was. but saying things like "only I can prove it!" is just setting up for a cycle of insanity. I have family members like this who are never satisfied no matter what you do and I can spot it a mile away.

LOL That piker is like a mole. Once you think he's gone, he'll crawl out of his miserable hole with another moniker.

90% sure he followed me on an alt named "diligent1" at 3:49 AM CST today. limited info on the profile too. why? lol. he's going to be thoroughly bored if he's looking for conflict. it's just as boring to me as it seems to be exciting for him.

sorry to OP for the nonsense clogging your thread. hope you've gotten some help from all the on topic replies.

 

[murray t turtle]

Im trying to understand the mechanics or psychology or motivation behind this giving up and selling right before trend reversal.
Just need to figure out why and how i manage to consistently find the bottom of the trend but its never in my favor

%%
Scale out\
+finding ''the bottom'' with a rs , stop using rs. NOT likely you do that for a real long time or you could fade yourself

 

[Stratter]

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

For example today avct
I made a stupid mistake of riding it through RS
And for absolutely no logical reason held it through the slow downtrend after RS
And after watching it slowly go down more every day i said thats enough for me its not moving up or down so im out and literally minutes after i sold it it spiked

This happened to men many times and i still cant figure out how i managed to sell right at the fn bottom before trend reversed

I mean i never see it when im not holding a losing position and if i decide to hold it just keeps going more down
I need help to figure this out

Obviously the right move was to "put the stahp loss bro" so i dont need a repeat of literally every youtube guru "the stahp lass bro"

Just need to figure out why and how i manage to consistently find the bottom of the trend but its never in my favor

Maybe... try and distance yourself and the concept of "stop loss" from all the "bros" out there. Judge this concept on its own merits. Clearly a stop loss for every single trade is beneficial for your overall trading results. Clearly at this time in your trading journey you are confused and do not believe in that, based on false premises - your categorization of stop loss being used by unreliable trading gurus. Statistically, mathematically, stop loss is good for a trading system, regardless of who is using stop losses. Hitler probably brushed his teeth. You still have to brush your teeth.
As to the psychology of holding a loser - you don't have a process established yet. If you had one, you wouldn't "hold a loser". You would have been stopped out at a small loss. Holding a loser means you secretly bet on the loser coming back, and that is not a process or a strategy.
As to getting out at the exact bottom, that would happen way less often if you use a stop loss. Without one you are bound to throw the towel at the exact worst moment or just before that - this way you might have a slight moment of relief when the stock continues to fall and you could have lost even more. But when you look at your exit later, you again would see that you are if not exactly at the low, in fact very close to it.

 

[Businessman]

You would have been stopped out at a small loss. Holding a loser means you secretly bet on the loser coming back, and that is not a process or a strategy

It seems people have been conditioned not to use stops from the bubble bull market of mid 2020 to end of 2021.

If they used stops back then, they got stopped out only to see stocks race higher and higher after wards. So stops were/are seen as a negative.

Without an actual stop loss they will just manually stop out at the max pain/torture point.

And the next bull market is expected to start any day now. So the old method (no stops needed for long trades) will start working again.

 

[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?

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.

You MUST be replying to MG. He has me on block, so I cannot see what his challenge is to you. But I am sure it is something ridiculous.

The irony is, I have not noticed your nick before, and you pop up now giving some commentary, and he is challenging you already. Man, he is a real winner, ain't he.

How is Baron going to prove you are not a woman?

We have to first establish your actual identity that you are who I am talking to right here and now. Then and only then may we proceed.

Only I can do that! Only I can prove it. And then after I prove it I shall have you drop your panties and show your goods to Baron.

Here's the bet. If I lose and it turns out you have a d**k I will give you ten bucks for your trouble. If it turns out you are a woman, I will nail you right there and then and make a video as proof - no need for you to pay me.

He's challenging you to a video call? I would take that challenge in a heartbeat! I did it with that other faker here, the Indian dude. Padutrader!

Dude, take it! Prove his ass wrong!

LOL That piker is like a mole. Once you think he's gone, he'll crawl out of his miserable hole with another moniker.

I just had a lovely 32 minute phone call with @Baron after sending him my ID.

@margin_gamble feel free to verify this with Baron himself. You lose. You can send the $10 via Paypal to convexx@gmail.com.

no harm done.

happy Friday.

 

[Baron]

lucysparabola is a male. He sent me his driver's license and we spoke on the phone as well. Time to pay up. And it better happen soon.

 

[margin_gamble]

lucysparabola is a male. He sent me his driver's license and we spoke on the phone as well. Time to pay up. And it better happen soon.

Give me the address. Money Order will be sent as soon as I know where to send it to