#美联储启动新一轮降息周期 Why do you always buy at the highest point—Decoding the Chase Momentum

Retail investors losing money, nine out of ten times, can't blame "luck."

The truth is: the market is always half a step ahead of you, and your decisions are always a beat too late.

You think you're "seizing opportunities." In reality? You're just inhaling the main players' exhaust fumes.

**The Truth About Chasing the Rise**

It's not that you correctly identified the trend.

It's that candlesticks keep pushing upward one after another, making your heartbeat race faster. Dopamine surges in your brain, and you mistake this physiological reaction for a trading signal.

Wrong. That's just your body deceiving you.

When the price breaks through previous highs, your first reaction is—"This must be strong."

But professional traders are not looking at the price at this moment:

Trade density is loosening. Active buy orders are weakening. Liquidity gaps are narrowing. The order walls are quietly withdrawing.

What you see is an increase. What they see is, "This rally should have ended long ago."

**The Most Dangerous Spot**

The darkest secret of retail traders:

You always place orders at the most certain points, yet the market always reverses in the most certain places.

The "strong breakout" you talk about? In the eyes of the main players, it's just a trigger to release FOMO.

Remember this one sentence: How far the market can go depends not on how candlesticks are drawn, but on whether there are still people willing to buy behind it.

You can never guess when the main players will stop, but you will definitely rush in the very second they do.

You're not chasing the rise.

You're feeding the main players their last round of liquidity.