At your absolute climax of fear, you must do…

At your absolute climax of fear, you must do the exact opposite of what you want to do. And once you've done that, leave it alone. Because the real money is in the waiting. Larry, the hardest thing to do is stare at a screen all day and do nothing."

— from Takeoff Into Chaos · How to Listen When the Markets Speak: Risks, Myths, and Investment Opportunites in a Radic

In the book

The same physics governs a frightened pilot. The fix is not to wait for calm but to do, deliberately, the thing the fear forbids: at the very climax of panic, the disciplined move is often the exact opposite of what every nerve is screaming, and then to hold it. Remember, too, that the chaos can outlast your patience — the market, as the traders say, can stay irrational far longer than you can stay solvent — so the goal is never to outguess the weather but to stay airborne through it. — Takeoff Into Chaos

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