I have faced this exact dilemma many times. A strong stock keeps climbing, backed by great fundamentals and solid earnings, yet every time I look at it, it feels like it is already too expensive to enter. It becomes even more frustrating when I sit on the sidelines watching it go higher without me. But I have learned that discipline is key when it comes to choosing the right entry point.

To avoid emotional trading, I always make sure I have a clear technical setup before entering a trade. I do not chase green candles just because everyone else seems to be piling in. If the chart does not align with my entry strategy, I will stay patient, even if it means missing the trade. This is hard to do sometimes, but in the long run, it protects me from buying at unsustainable levels.

I rely heavily on technical indicators like support and resistance, moving averages, and RSI to guide my entries. If a stock is in a strong uptrend, I look for pullbacks to the 20-day or 50-day moving average before considering a position. If RSI is overbought, I wait for a reset or some consolidation. This helps ensure that I enter when the odds are more favorable.

Another thing I do is plan my trades in advance. Before I buy, I already know where I will cut losses and where I will take partial profits. This gives me the confidence to act when the opportunity appears, rather than hesitating or second-guessing. Planning the trade and trading the plan keeps emotions in check and stops me from reacting impulsively.

Fear of catching a falling knife is real, especially after a sudden drop. But if the drop happens on low volume and the stock holds a key technical level, it might be a buying opportunity, not a red flag. I try to differentiate between a healthy pullback and a breakdown. This is where technical analysis gives me a big edge.

I also like to scale into positions instead of going all-in. When a stock dips into my buy zone, I will buy a partial position. If it continues to behave well and confirm support, I add more. This staggered approach reduces risk and gives me more flexibility to adjust if the market turns against me.

Most importantly, I remind myself never to FOMO. Just because a stock is running does not mean I have to chase it. There will always be another opportunity, and patience often pays off. FOMO trades are the ones that usually go against me, so I have learned to be okay with missing a move rather than forcing an entry that I am not fully confident in.

In conclusion, my approach is simple: be disciplined, wait for technical setups, and avoid emotional decisions. Do not chase. Have a plan and stick to it. That way, when the right opportunity comes, I can act with confidence and clarity, rather than fear and regret.

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