If you read every post of mine carefully every day, you will learn a lot from it. I can confidently tell you that none of them is nonsense.
You can look back at the following post now. Does this belong to the trough period of the second and third periods?
For example, when I wrote this post, the market was still hot. I suddenly posted it to ask everyone not to fomo and not to sell while the market is rising. Many people must have sneered after reading it. Maybe you couldn't understand why I said I admired those who held on to the third period, because you couldn't feel this feeling at all.
Is it an opportunity now? But the cottage industry has generally adjusted by more than 50%. If you want to return to the starting point after a 50% drop, the time cost is a 100% increase. When others are making money, you are still recovering your investment. When you recover your investment, others have already made money!
Write a so-called cost cycle theory. You finally get back to the starting point and the market makes a correction. Then you fall into a vicious circle. You are vague about the market and always afraid of making mistakes. So you simply don't make any operations. But in fact, if you can't solve the problem of market cognition, you often can't sell accurately in the third period. All avoidance of market cognition will eventually backfire on yourself. Only by facing the unknown and exploring the rules can you have the true trading philosophy.