The market seems to be always tightly controlled by various news, and everyone knows the source of these news.
When the so-called "first-hand" news appears, it is often the institutions that have mastered the internal information first. However, by the time these news are officially announced to the public, they have often lost their timeliness and become less useful.
In other words, when ordinary investors, that is, retail investors, get these news, they may no longer have the value of guiding transactions, because the market may have reacted, or the opportunity has been missed.
This is why many retail investors find it difficult to make profits in this bull market, and they feel confused and powerless about the next bull market.
