Stay focused in a bull market; the key is to make a plan and stick to it.
Here are four strategies to help you avoid pitfalls:
1) Question the 'experts': True professional ability is forged in tough times, not in the glamour of a bull market. Pay attention to analysts with reliable records and thoughtful insights.
2) Beware of the 'armchair strategist': Avoid following those who only emerge after major market movements; focus on experts who can share insights in real-time.
3) Stay realistic: While a bull market can bring wealth, greed can easily destroy investors. Set realistic goals; stable returns are more important, and follow your own risk tolerance.
4) Understand the risks: The market cannot be predicted with precision. Do your research before investing, understand the risks of each project, and mitigate risk through diversification.