#美联储回购协议计划 Changes in Federal Reserve repurchase agreements often trigger market volatility, but the real risk usually comes from the traders themselves.

Seeing the market fluctuate wildly and rushing to chase gains or cut losses is a deadly impulse in both the stock market and the crypto space. Many people place orders in a hurry when expectations about Federal Reserve policies change, often before the dust has settled, resulting in being caught in a trap.

The root of the problem is simple—policy itself is inherently uncertain. Every statement and data release from the Federal Reserve can alter market expectations. And it is precisely this uncertainty that most easily triggers emotional decision-making among investors. When they see others making money, they get envious; when they see K-line plunges, they panic. At this point, rationality completely breaks down.

Sober traders wait. They wait for complete policy signals, wait for market sentiment to truly settle, and then position themselves according to their risk tolerance. Impulsive orders often lead to cutting losses or getting deeply trapped.

Stability is the first step to making money.