Investor meet the enemy..... It's YOU!
OOOO that hurts... Every time, a market will consolidate an advance or a decline (rally in a downtrend) out come the doubting Peter's, my religion is about as good as my latin. The investor will come out of the floorboards and say oo my god what am i into, oooo this is scary oooo..." get me out"... I can say "please remain seated" but sometimes they storm the cockpit. Virtually every time this happens it marks the end of the move, they sell at the bottom or cover at the top, and Mr Market resumes the trend, then they repent at their leisure.... o "if I'd only".... Newsflash : Markets Dont Move Straight Up! Markets Dont Move Straight Down!..... THEY WIGGLE! accept that, and your battle with your inner emotional fears is won in victory, and maybe you'll be there at the finish line