Why new traders sell at the worst time?(trading in the zone)

Because they cell by candles pattern and not by orders patterns. Short time candles are some times part of the trap.
 
Such things happen due to a lack of knowledge and experience. On top of it, they become emotional, which blinds their ability to think logically. The combination of these results in a trade loss.
 
mute9003 said:
im looking for general psychology not the above specific stocks
Are there triggers built into charts that new investors fall for?
What makes new investors buy and sell at the wrong times. Obviously the see something on the chart that triggers their feels to buy and sell
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For noob retail traders, mostly emotions is what drives their buying and selling, while for more experienced traders, it's their signals/plan/strategies/algos which supply timing and very little of it should be emotional.
mute9003 said:
so there are no chart patterns that trigger fomo or panic sell in new traders?
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No single chart pattern other than maybe relentless buying or selling triggers the noob.
You see, with chart patterns everyone is decyphering them differently because especially noobs, they are heavily reliant on indicators and that's a mishmash of confusion and variation.
So, 100 noob traders will give you 100 different interpretations on what price is going to do next. That's another things, noobs love to come at trading believing the road to riches is by being able to predict accurately, and that's the wrong approach imo.
So, no, there is no chart patterns triggering a mass of traders to act.
 
That sounds like a mix of poor risk management, being too emotional and a lack of technical understanding of how stocks behave.

For example:

1. Selling on support and buying at resistance.

2. Being too impatient to wait for the right entry or having any plan at all whatsoever.

3. Overstaying and not having a proper stop loss in mind. (Sell only when it makes you wanna bang your head on the wall.)

Just some of the leaks I deciphered from that post. At least, you're not unique. Every trader has made these trade mistakes at least an gazillion times.
 
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mute9003 said:
Mark douglas talks about how new traders consistently manage to buy and sell at the worst time right before big moves

But i dont remember him explaining why or maybe i didnt understand the way he explained it

looking over my trades i noticed myself doing exactly that also
I would hold and hold and hold through consolidation and then think well sht this is not doing anything so i sell
And it literally starts up trend an hour after i sold
Or a day after i sold...

Or i see what looks like a good potential uptrend i buy and it reverses to the downside right away


Seems like there are triggers built into charts that "seem legit" for inexperienced traders that push them to make certain moves

1 this consolidation seems like it will never end im tired of this so i sell... it spikes
Examples: dogecoin before spike last year long ass consolidation then sudden uptrend. I sold after waiting for months for it to do something

2 This downtrend is going on forever i dont know if it will ever end, i sell and it reverses because the trend was so painful to watch it was like the last nail in the coffin that people just give up and sell
Examples: nvcn brqs sos they all have that slow painfull torture downtrend

im looking for general psychology not the above specific stocks
Are there triggers built into charts that new investors fall for?
What makes new investors buy and sell at the wrong times. Obviously the see something on the chart that triggers their feels to buy and sell
More...
 
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