The #1 reason most traders lose money
They don’t trade the patter! They trade their emotions! Here are 4 mistakes tied to classic chart patterns and how to avoid them π 1/ The FOMO Double Top πΈ π Pattern: Double Top π΅ Emotion: Greed / FOMO You buy the second top, thinking it’ll break out. But it’s a reversal setup. Boom—price dumps. ✅ Fix: Recognize the M-shape & wait for neckline confirmation. 2/ The Hopeful Head & Shoulders π₯Ή π Pattern: Head and Shoulders π¬ Emotion: Hope You’re holding a long position, ignoring the obvious reversal. You convince yourself: "It'll bounce." It won’t. ✅ Fix: When you see the right shoulder form + neckline break → exit or short. 3/ The Panic in an Ascending Triangle πͺ π Pattern: Ascending Triangle π° Emotion: Fear Price pulls back from resistance… again. You sell early—just before the breakout. ✅ Fix: Trust the structure. Buy the breakout with volume. 4/ The Revenge Trade After a Descending Triangle π π Pattern: Descending Triangle π‘ Em...