In a round of market trends, there are often only three types of participants who make money.
Looking back over the past few years, I increasingly believe that:
In a complete trend, there are roughly only three types of people who really make money:
1️⃣ Early backers: Those who dare to invest a small amount when no one believes, and hold on long enough;
2️⃣ Mid-trend entrants: Those who wait for direction to be established and capture the most "boring" part of the rise in the middle;
3️⃣ Swing traders: Those who only engage in clear pullback buying points and reduce positions at emotional peaks.
Most of the losses are concentrated in:
Those who chase at the emotional peak;
Those who refuse to leave, continuously going from "profitable accounts to drawdown bottoming."
After watching the structure for a while, you'll find that—
Not everyone is doing the same thing in the "same bull market,"
You need to first think clearly about which category you belong to.