How many times have you turned a winning trade into a losing trade because you thought you caught the major bottom in a stock?
Most of the time, you only caught the bottom of a zag retracement.
I can’t even tell you how many times I did this in my early trading days.
You guys saw before I went to New Zealand, I said I was going long on WiseTech because it was showing life off a major support level. Then when it got into that first key zag zone, I started seeing weakness and thought, you know what, I’m taking profit on my short-term trading account.
I was up $7K in just over a week. We were at a key level where I expected rejection.
To be honest, I actually thought it would push a bit higher from there after the retracement. I was wrong.
And this is where psychology comes into play.
Because you have a plan. You tell yourself, I’m going to sell there.
But then the mind starts playing games.
“What if WiseTech goes back to all-time highs?”
“What if it runs to back to the all time high of $150?”
“I could make $100K.”
And suddenly you stop thinking like a trader and start thinking about the jackpot instead of locking in the win sitting right in front of you.
I was lucky enough to sell on the exact day of the top.
Because from there, that $7K profit would have turned into a loss. I would’ve actually now been down about $1,000.
What you’ve got to remember is just because you get a reversal, it doesn’t automatically mean a new major uptrend has started.
Your job as a trader isn’t to catch every last dollar of a move. Your job is to execute your edge consistently over and over again.
Stick to your plan. Know your trade plan. Execute. Rinse and repeat.
That’s how you become a highly profitable trader.
The global market I was talking about yesterday was EEM, emerging markets. If you zoomed in on the chart picture, you probably would’ve spotted it.
Now the obvious question is, why would I even look at emerging markets?
Fair question. For the last 20 years they’ve been a horrible investment. Mostly sideways. Massive underperformance. No argument there.
But for the first time in two decades, the chart has actually changed character.
On the monthly timeframe, EEM has broken out, successfully retested the breakout zone, and pushed to a new high. That’s an extremely bullish pattern, especially on higher timeframes.
The other thing people miss is relative strength.
If you compare EEM against SPY using the ratio chart, you’ll notice emerging markets have been in a structural downtrend versus the US market for nearly 20 years. So historically, there was no reason to own them over SPY.
But throughout 2024 and 2025, that ratio started showing textbook accumulation alongside bullish divergence. And only this month, it has started breaking out against that long-term decline on the monthly while also shifting market structure on the weekly.
That’s the important part. Not what outperformed for the last decade. What’s beginning to outperform now.
So the real question becomes this:
Do you want to buy markets that are already historically expensive and deep into an excess phase where eventually people give back a huge portion of the gains?
Or do you want to buy markets that are historically undervalued, beginning a potential secular bull market, and only just starting to outperform?
I know which side of that trade I’d rather be on.
🔥LATEST: Tom Lee says the S&P 500 may face a 2026 “reckoning” as the new Fed chair is tested and oil shortages emerge, before seeing “one of the biggest rallies of our lifetime” in 2027.
@SkySportsPL We were poor today and wasted opportunities with sloppy passing. But Spurs were even worse, they deserved fuck all and with any luck them or Leeds will go down.
"I'm sorry for the result, I'm sorry for the Romero injury...We didn't deserve to lose the game"
Roberto De Zerbi says his players showed real fight against Sunderland but were unlucky to come away with nothing 🗣️
@SkySportsPL A lot of delusional Spurs fans here, I think there’s a good chance they’ll go down. But I would be happy to see Spurs or Leeds go down. As a Sunderland fan I’m confident we’ll beat them on Sunday.
🚨 NEW: Tom Lee explains why on March 19th 2026 the Ethereum bottom is likely in and why $ETH price will skyrocket going forward.
"ETH is mirroring the S&P500 in 2011 & 1987"
HERE👇 (explained in 3 minuted):
@PaulGallantNUFC@SunderlandAFC With a face like yours, I’m surprised they even let you into different countries. You seem more interested in talking about SAFC than your own team.
2025 Bitcoin Price Predictions:
$180,000 - VanEck
$200,000 - Standard Chartered
$250,000 - Tim Draper
$250,000 - Tom Lee
$350,000 - Robert Kiyosaki
$500,000 - Chamath Palihapitiya
What do you think?
@ASX__Trader It’s refreshing to follow someone who actually talks sense, rather than these so-called crypto experts who make things up as they go along and then claim victory when one out of a thousand posts happens to be right.
Merry Christmas everyone 🎄✨ I hope you’ve had a beautiful 2025 and that your day is filled with love, laughter, and a little bit of magic.
Today I want to talk about delayed gratification.
Christmas morning is the perfect example—especially when you’re a kid. The excitement is all about tearing into the wrapping paper and getting something right now. And honestly, that instant joy is part of what makes Christmas feel so special.
But if you want to do well in education, business, investing, or life in general, the real superpower is learning to wait. It’s choosing the long game, and putting the work in before the reward shows up.
Imagine telling a child, “You can’t open that present today… but if you wait five or ten years, you can swap it for 100 presents.” No kid is saying yes.
Most teenagers aren’t either—if you offered them a car in the driveway today, or the chance to invest that money and let it compound into something far bigger later, most would take the car.
That pull toward instant rewards is human. But learning to delay gratification is what turns short-term excitement into long-term success.