Journal Entry (9/2)- The Fear of Missing Out (on profits)

My alarm didn’t go off ahead of economic release of China data. Within 5 mins of waking, I opened a position. Wow!!! So, I don’t need to understand rocket science but most importantly manage my emotions and discipline… fear, greed, laziness, complacency, etc…

How many times do I have to buy into a rally to learn my lesson? Or short the dips? Impulsive moves are distinguishable from corrective moves so one shouldn’t worry about missing out. Markets tend to retrace themselves. Or inside bar entry!

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