📉 The Danger of Entering the Market During Consolidation – a lesson for beginners
When the chart is not rising, not falling, just moving in a small "corridor"... this is *consolidation*.
And let me tell you something: for us beginners, this is one of the most deceptive areas. I felt it myself.
🔸 It seems simple, but it isn't.
The price jumps up and down quickly, but without a clear direction. Random entries can easily get you out of position.
🔸 Many false signals.
In consolidation, indicators can lie. What seems like a "breakout" turns into a "fakeout" and you lose your position instantly.
🔸 The best advice?
Wait for the direction! Don't rush. Let the price clearly show if it wants to go up or down.
In trading, patience means protection.
💡 I learn: not everything that moves is worth an entry. Sometimes, the best decision is... to do nothing. Now I'm watching the chart $KITE , waiting for a signal to enter the market.
