There is a strange phenomenon in the trading market: even when the market direction is correctly judged, the money in your pocket still shrinks. Ultimately, most people get caught up in the "how to place an order" stage—choosing the wrong price level, using the wrong technique, resulting in either being trapped or forced out. Occasionally breaking even is already a blessing. You must know that whether you can place an order or not directly determines whether you can make money in the end.

**Psychological Trap One: Chasing the Rally**

The scenario is like this: after a significant drop in the coin price, there is a decent rebound. You see the price rapidly rising, and panic sets in—oh no, missed the trend, isn’t this a signal that a bull market is coming? So you follow the trend and chase at the high point of the rebound, opening a long position.

And then? If luck is on your side, you might make a small profit; if not, it’s disastrous. The coin price makes a big retracement, trapping you in a position, and if another round of decline follows, it’s a brutal cut-loss scenario, with the account turning red instantly.

**What should you do?** Since you missed the bottom-fishing opportunity near the support level, just continue to miss it. Such rebounds are often fleeting. The smart approach is to wait calmly until the coin price stabilizes and shows clear signals before acting. Don’t be intimidated by short-term volatility.

**Psychological Trap Two: Rushing to Place Orders Amid Fluctuations**

A bearish trend has been established, and the coin price is hovering near the support level, seeming to stabilize. But in reality, it hasn’t fully stabilized; the price swings up and down repeatedly—sometimes rising, sometimes falling. You can’t hold back in this chaos—bite the bullet and jump in.

What’s the result? Whether you make a small profit or a small loss, you’re reluctant to exit, always wanting to earn more or recover losses. If luck favors you, you might buy in the right direction during the volatility and make a profit; if the movement reverses, your profit is wiped out in an instant, or even turns into a loss. The worst case is when the trend continues in the wrong direction, leading to deep losses.

**What should you do?** Wait! Resist the temptation until a definite sign of stabilization appears. Placing orders during volatility is like driving in fog—you can’t see the way clearly. The real opportunity lies at clear trend reversal points, not in this chaotic oscillation.