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Sometimes the most valuable trading lessons come from watching someone else make the mistakes we’ve all made.
Meet Josiah, my best friend I’ve known practically my whole life. He works behind the scenes on our team and has become something of a legend — though probably not for the reasons he’d prefer.
We’ve joked for a long time about his uncanny timing, because his knack is incredible in all the wrong ways. He once bought Trump coin, which is down like 95%, and that alone could be a full chapter in a trading psychology textbook.
He’s also the kind of trader who’ll miss 10 trades because he’s hesitant to enter. After watching us hit 10 winners in a row, he’d finally commit to the next signal. The problem? That trade inevitably ends the streak as a loser.
The Trump Coin Peak Perfectly Timed
The day the Trump coin launched, I expected it to blast off over the next 24 hours before becoming unpredictable. My buddy and I scalped it and doubled our money within a couple of hours. My Opening Playbook co-host Nate joined us on that trade too.
Here’s where it gets almost unbelievable…
Josiah threw $1,000 into the coin, and literally within 45 seconds, it hit its absolute peak. I’m not kidding — 45 seconds. It was the exact top within a minute.
And you already know what happened next.
The Psychology Behind Mistimed Trades
The reality is, we’ll call it the Josiah Effect, illustrates one of trading’s cruelest psychological traps. When you’re on the sidelines watching others profit, FOMO tightens its grip.
You hesitate during the setup phase, then capitulate at the worst possible moment. It’s a pattern almost every trader experiences, but Josiah demonstrates it so consistently that it feels like a built-in warning system.
There’s another layer here too…
We really have to address the psychological side, especially when we’re dealing with something systematic. A system can only protect you if you follow it, and emotional swings are often the biggest threat to consistency.
If you find yourself saying “I’m not gonna trade it” over and over, then suddenly announcing “Alright, I’m gonna trade the next one,” you’re not following a method or a system…
You’re following a feeling.
The lesson here isn’t to mock Josiah’s timing, even though we definitely do…
It’s to recognize when you’re about to make an emotionally driven entry and step back before the market teaches you the same lesson the hard way.
Graham Lindman
Graham Lindman Trading
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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.Â
P.S. My No. 1 Daily setup and What Happens When You Hold Till the CloseÂ
I’ve been showing you how to target 50% a day in less than an hour…
Every morning using my No. 1 daily setup.
However, if you hold the same trade until the close, that 50% target quickly transforms into what could be a 100% payout!
