In a bull market, it seems that there is gold everywhere, but in fact, there are many traps
Friends who have experienced a bull market understand that at that time, it felt as easy as picking up money. But to be honest, there are really few people who can make real money in a bull market and hold it firmly. Why? Simply put, three points:
1. Information is a money bag. People who know more and are more accurate can always be one step ahead. If you are not well-informed or make a mistake, good opportunities will pass you by.
2. Everyone has a different view of the market. Some people only see the excitement and fail to see the pits behind; some people can see through the market trend with a keen eye. This difference directly determines whether you can get benefits in the bull market.
3. In a bull market, people's hearts are the most complicated. When they see money, they are jealous and want to make more; when there is a little wind and grass, they are scared and want to run. This kind of greed and fear are most likely to make people make wrong decisions.
As for the skills of bottom-picking and top-slipping, it sounds great, but it is difficult to do. The market changes every day, and there is no one-size-fits-all solution. The key is to look at your own situation, follow the market, stay calm, and don't be overwhelmed by temporary ups and downs.