People who lose money in a bull market all have one thing in common 董叔的小群体
Losing money in a bear market is normal; everyone loses. But losing money in a bull market is a bit hard to justify.
I have observed that people who lose money in a bull market have a common characteristic: revenge trading after missing out.
Bitcoin went from 30,000 to 50,000, and they didn't get in; when it went from 50,000 to 60,000, they were still waiting for a pullback; when it went from 60,000 to 70,000, they finally couldn't hold back and jumped in. Then it pulled back, they panicked and sold.
After selling, it went up again, and they chased it...
After a round of the bull market, the index rose threefold, but they lost half of their principal.
How to fix it?
Admit that they missed out; just accept it. A bull market is not just one wave of opportunity; if you miss this wave, wait for the next one, don't try to catch the last ride.
Uncle Dong tells you that if you are also troubled by repeatedly opening positions and repeatedly losing money, it might be worth stopping to think: where is the problem really? Many times, just getting a few points can only help you temporarily; only by truly understanding the underlying logic can you make it far. You are welcome to join my exclusive chat room, where I will break down the underlying logic of each wave of the market for you, accompanying you to review those wrong trading habits. I hope to help you not only earn money in the short term but also master the ability to make money in the future.