Today's trading lesson: When the market is still in a big downward trend, don't take the risk to enter the market.

I have frequently traded PEPE in the past few days. I made money before and didn't run away. I decisively sold it when it fell to the purchase price. Soon I bought it back at 1310 because of FOMO, but the price didn't stand firm and soon fell again. This time I sold it at 1235. Now it has risen again.

The volatility of PEPE is that it takes three steps back and one step forward. It will pull back a little when it falls. It is very confusing and makes people FOMO on the train. It falls when I buy it and rises when I sell it. I have encountered it several times.

I made more than 21,000 yuan in the previous 8 days. I have lost more than 10,000 yuan after two attempts.

I don't plan to enter the market for the time being. I will talk about it when it stabilizes a little.