Why do beginners always lose money? Because they mistake 'volatility' for 'trend'
Beginners see any big bullish candlestick in the market and think 'the trend is here'.
When they see a big bearish candlestick, they believe 'the reversal is here'.
They equate volatility with trend.
This is the fundamental reason for their losses.
A trend is a structural change;
volatility is just high-frequency emotion.
Beginners chase emotions,
while experts focus on structure.
When a trend comes, you can still profit slowly;
when volatility comes, you need to be quick to avoid losses.
Learn to distinguish between the two,
so you can go from being 'led by volatility'
to 'a person who makes money by utilizing trends'.
"A single word is enough for the believer; for the non-believer, a thousand words are futile. I am Ayan, time will speak for me."
