Many people lose money this way
On the first day of the rebound, you thought it was an oversold rebound and didn't take it seriously
On the second day of the rebound, you thought it was a continuation of the first day's rebound and had no desire to trade
On the third day of the rebound, you saw many people shouting that the bull market had returned, thinking it was a reversal, not a rebound, and preparing to wait for a retracement to buy in
On the fourth day of the rebound, you woke up and didn't wait for a retracement, fearing that you would miss out, so you bought in decisively. As a result, you bought at a high point, and saw many people saying that the rebound had reached its peak and would fall to 60,000 or even 50,000. You were afraid again, and then you immediately cut your losses
Many people lose money in this cycle.
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