"Go long, shorts" is a common mistake in trading, especially when sentiment and emotions drive investment decisions.

1. FOMO & Panic Selling Effect

When the market rises sharply, you are caught up in the "fear of missing out" (FOMO), leading to buying right at the peak.

When the price drops sharply, you panic and sell at the bottom to cut your losses.

2. There is no clear strategy

No trading plan (entry, stop-loss, take-profit).

Do not use technical indicators or data analysis before making a decision.

3. Influenced by news & crowds

Rely on news or "kèo" from KOLs instead of analyzing objective data.

When you see others buying in a frenzy, you get swept along without reassessing the risks.

4. Unable to control trading psychology

Expecting too high profits → FOMO when the price has already risen sharply.

Fear of losing money → Cutting losses too early when the price only slightly adjusts.

5. Poor capital management

Putting too much capital into a trade → When the price goes against you, the psychology is heavily affected.

Not setting a reasonable stop-loss → When the price drops, there is no reasonable cut-loss point.

How to improve

✔ Build a clear trading strategy (rules for entry/exit orders, risk management).
✔ Use technical analysis & data instead of emotions.
✔ Practice psychological control, do not be swept away by the crowd.
✔ Set reasonable stop-loss & take-profit, do not go all-in on a trade.