Many people who enter the market often say, "The chart is lying," or "The market is out to get us again." But the question is... Is that really true? In this article, Coach Tommy will take everyone for a clear look at why "the market is not deceiving you." The thing doing the deceiving... might be "your own brain and emotions."

 

I hear many traders complain similarly: "The market is tricking us," "Just after we close the position, 5 minutes later the price goes the way we thought." But the truth is, the market doesn't deceive you even one bit.

The market is merely a reflection of the buying and selling power from all players at that moment. It has no feelings, no thoughts, and no plan to specifically target anyone. The thing that is constantly deceiving you is "your own brain and emotions" which misinterpret data due to bias, fear, and greed.

 

Why Do We Feel the Market is Deceptive?

This is because our brain has "Cognitive Bias," or "cognitive prejudice," which makes us selectively remember or look at things that support our own beliefs. If we think the market will rise, we focus only on Buy signals and ignore Sell signals. If we fear losses, we close profits too quickly even if the chart shows room to run. This is called Confirmation Bias—the brain seeks evidence to confirm our existing beliefs and ignores conflicting information.

 

Emotions are the Real Culprits

In the market, there are only two main emotions that control the decisions of most traders:

😨 Fear: Causes traders to close profits too quickly (selling too early), or not dare to enter a trade even when the signal is clear.

💰 Greed: Causes traders to hold onto losses for too long, or open excessively large lot sizes.

These two emotions are the silent enemies that cause us to deviate from our trading plan and become people who "lose by their own hand."

 

Misinterpreting the Market Due to "Lack of Knowledge"

Many times, what you perceive as a "false signal" is actually due to incomplete data analysis or looking at the wrong Timeframe.

Example: You see the 15-minute chart Breakout up and rush to Buy, but on the 4-hour Timeframe, that exact point is a major resistance level, causing the price to immediately reverse downwards.

This isn't deception; it's because you analyzed the market from a too narrow perspective.

 

The Behavior of Chasing Price

Another behavior that causes many traders repeated pain is "jumping into a trade mid-move" when they see the price running hard, without a supporting plan. The result is entering at the end of the wave and immediately encountering a reversal. Don't believe the emotional momentum; believe in your own system.

 

How to Stop Deceiving Yourself

✅ Practice seeing the big picture before the small one: Start with the High Timeframe to understand the main trend, and then look for entry points on the Low Timeframe.

✅ Practice controlling emotions before entering the market: If you feel angry, overly excited, or stressed, stop first and wait until your mind is calm enough.

 

Summary

The market doesn't deceive you; rather, you deceive yourself with false beliefs and uncontrolled emotions. When you start viewing the market objectively, accept uncertainty, and adjust your decisions based on your system—not your feelings—you will stop being a victim of illusion and truly start being a trader who controls their own game.

 

Article by Coach Tommy, RoboAcademy

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Disclaimer: Investing is risky. Investors should study the information before making investment decisions.