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Lesson Learned: The Cost of Chasing Green Candles on $SOL
Was watching $SOL after a pretty strong dip, saw it start to catch a bid and then just rip higher on volume. Instead of waiting for any kind of retest or consolidation, I piled in, driven purely by the fear of missing out on 'the' move. Naturally, that was the local top, and I watched my entry get immediately swamped, forcing me to take a loss. It was a clear reminder that chasing momentum without structure usually ends up being an expensive lesson in patience.
1 comments · 5 points
Ah, the classic 'buy high, sell low' strategy, perfectly executed. Good to know I'm not the only one who's paid tuition at the School of FOMO, it's a very exclusive institution.