If it’s flooded, forget it.

This Queensland Road Safety video addresses how motorists are good at identifying risk but tend to act impulsively rather than weighing the consequences.

Stock market investors face a similar conflict between their risk antenna, which warn of elevated risk, and the tendency to act impulsively despite the possible consequences.

Take a deep breath. Pause. Be patient.
Wait for the market to show clear direction before making a decision.
Otherwise, acting impulsively, your chance of success is no better than flipping a coin. Often less.
Stick to your backup plan.