A📊 Golden Rule in Trading:
**Buy in Fear and Sell in Greed**
🔎 The idea is simple but powerful:
- When most traders are afraid and the price drops significantly = a buying opportunity because the asset is often undervalued.
- When everyone is greedy and continues to buy at very high levels = time to sell because prices are often inflated.
🎯 How do we apply it practically?
1️⃣ Monitor market sentiments: Is there panic or excessive enthusiasm?
2️⃣ Use indicators like RSI or the Fear and Greed Index.
3️⃣ Don't enter with emotion, but with a pre-planned strategy based on technical analysis.
4️⃣ Make this a complementary rule to your technical analysis, not a substitute.
⚠️ Reminder to my followers:
The market moves with emotion, and the smart trader takes advantage of that. Don't be part of the herd, be the one who leads them by a step.
All currencies are below their original value and it's an opportunity for immediate buying and selling at the highest peaks; you won't see this price again until next year
💬 Share your thoughts with me: Have you ever applied these rules in your trades? 👇
