I found that many retail investors are losing money, and their paths are almost identical. $PTB
At first, they heavily invested and then stared at the market.
As soon as the price rises a bit, they start fantasizing,
and with any pullback, their emotions are immediately manipulated, making them tense.
When the price moves sideways for too long, they begin to panic,
the more they watch, the more afraid they become, and in the end, they can't help but sell first.
But just after selling, the market rebounds,
not wanting to miss out, they chase back in,
only to find that the price turns around again.
After a few back-and-forths, they realize,
the coin price hasn't actually moved much,
but their position has become smaller and smaller,
and money is slowly being worn away like this.
This has never been a problem with the market,
but rather the result of frequent entries and exits, and being controlled by emotions.
I have always emphasized to people:
Not every candlestick is worth your action.
Trading without a plan is essentially paying tuition to the market.
Keep your rhythm steady, act less,
and only then will the money have a chance to stay with you.