During a sharp decline, the entire market is filled with negative news: institutional bankruptcies, regulatory investigations, black whales shaking out traders. You're so scared that you wake up in the middle of the night to cut losses. During a big rally, the whole internet is full of positive news: ETF approvals, big players entering, interest rate cuts and liquidity injections. You're so excited that you immediately go all-in chasing the high. Actually, news is never meant to predict the market. News is an explanation written by the big players after the market has moved, to make you understand what happened.
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During a sharp decline, the entire market is filled with negative news: institutional bankruptcies, regulatory investigations, black whales shaking out traders. You're so scared that you wake up in the middle of the night to cut losses. During a big rally, the whole internet is full of positive news: ETF approvals, big players entering, interest rate cuts and liquidity injections. You're so excited that you immediately go all-in chasing the high. Actually, news is never meant to predict the market. News is an explanation written by the big players after the market has moved, to make you understand what happened.