@travis.woo.trades: Buying high sounds wrong—until you understand survivorship bias. People ask: “If it will go higher later, why not buy it cheaper?” Because many assets that look “cheap” never recover. They keep falling. Get delisted. Go bankrupt. Or disappear completely. The charts you see today mostly show the survivors. Buying new highs acts as a filter. Instead of choosing from thousands of declining assets, you focus only on the small number already proving strength. That does not mean every breakout wins. Some will fail. But you avoid spending years trapped in something that keeps getting cheaper for a reason. Buying low requires you to predict which falling asset will recover. Buying high lets the market show you what is already working. I would rather pay more for confirmed strength than buy something cheap on hope. #trading #trendfollowing #investing #breakouttrading #riskmanagement

Travis Woo Trades

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Thursday 13 August 2026 19:00:00 GMT