Timing is crucial for entry
Many money-losing antics stem from the fear of missing out.
When you have no position, during a decline, wait for a rebound to initiate a short position; remember not to chase. The same goes for an uptrend, enter during a pullback, do not chase.
This may cause you to miss some strong trending markets, but most of the time it is safer.
However, many people can only see profits and not risks, and in the end, blame others for missing out....