Today's chart wasn't remarkable because of the biggest move.
It was remarkable because of the first one.
Major declines rarely begin with dramatic candles. More often, they begin with an ordinary-looking pullback that traders dismiss as noise. By the time the move becomes obvious, much of the opportunity to react has already disappeared.
This is where psychology becomes more important than prediction.
Normalcy bias convinces us that today's market will behave like yesterday's. Confirmation bias encourages us to search for evidence supporting our existing position. Hope fills the space between what the market is doing and what we wish it would do.
The goal isn't to predict every top.
The goal is to recognize when probabilities begin to shift.
Today's behavioral lesson:
The market doesn't announce the beginning.
It only makes the beginning obvious after it's already over.
📖 Continue reading: https://im7intelligence.com/articles/the-first-red-candle-why-we-often-miss-the-turn