Why quick gains often take back what they give
Quick gains create a sense of making the right decision, but more often than not, it is an illusion. Without a system and an understanding of movement, the market easily returns what was obtained randomly or prematurely.
The main problem is the lack of an exit plan. When growth happens quickly, decisions are made based on emotions. Locking in profits seems premature, while a pullback feels temporary. In the end, the market calmly takes back most of the profits.