What is the psychology of "selling at the bottom" for a loss

Discussion in 'Psychology' started by mute9003, Oct 13, 2022.

  1. tomkat22

    tomkat22

    Put me in the camp that believes stop hunting is real. It's not that big a deal to me and I dont stress about it but I do believe its real.
     
    #31     Oct 13, 2022
  2. Overnight

    Overnight

    That's just because you thought the boogie-man was real at camp Redwood. :)

     
    #32     Oct 13, 2022
  3. The psychology is the market cratered, you hold on throughout the whole cratering, but then, at the very, very bottom, you get a margin call and have to sell most of your shit. Immediately thereafter the market turns around and goes insanely higher. So you lost almost everything in the market down movement and completely missed the market up movement.

    That is the psychology LOL.
     
    #33     Oct 13, 2022
  4. tomkat22

    tomkat22

    Couldn't have been worse than the camp where Jason was doing his evil deeds(Crystal Lake?)
     
    #34     Oct 13, 2022
  5. Overnight

    Overnight

    Camp Redwood was way creepier than Crystal Lake. You should check out that series, it's gnarly, hehe.
     
    #35     Oct 13, 2022
  6. schizo

    schizo

    Why do trader/investors bail out at the worst places? Because we are all emotional creatures. We let fear and greed get the best of us.

    But before asking such a question, I would suggest you ask instead "why did I let it run all the way to the bottom"? Was it out of hope that it might reverse? Did you even have a rule like stop loss in place, just in case? Did you also have important areas on the chart like support and resistance marked before the market plunged?

    In order for this to never happen again, friend, YOU NEED RULES.
     
    #36     Oct 13, 2022
    lucysparabola likes this.
  7. GotherL

    GotherL

    The market loves playing off the emotions of noob retail investors for the highest profit potential. Don't think yourself selling at exact bottoms or buying at tops is a mere coincident.
     
    #37     Oct 13, 2022
  8. maxinger

    maxinger


    That is to
    gain maximum pleasure in pain.

     
    #38     Oct 13, 2022
  9. Overnight

    Overnight

    Here's a perfect example for you, man. Here's a trade I put on tonight on MNQ. See the entry and exits with the text?


    upload_2022-10-13_20-48-34.png

    Looks like stop hunting, doesn't it? Guess what...That is a sim trade. The market did not see that trade. That is just how it worked out. See where my stop was? It was right at the bottom.

    And that is how it is in live trading. It is all about judgement, indicators, time. Blah blah blah.
     
    #39     Oct 13, 2022
  10. mute9003

    mute9003


    Why would you assume that you re the only one in the market?
    Stop loss hunts are for most common prices that are set in the trend by average traders
    Not you specifically
     
    #40     Oct 13, 2022