How to get out of this market!
Trading is not done every day, and you may not trade for a long time, but analysis needs to be done every day. Trading is not about working harder and getting more money, and hard work cannot make you rich. The faster you operate blindly, the faster you lose money.
95% of the people in the market have already lost money. You will get your money back and start making money. You have already surpassed 95% of the people. As long as you are alive, the market will always be there and will give you the opportunity to make money, but if you lose money, you will have no chance at all. If you always care about how much others make and then look at yourself, it is easy to be unbalanced. Compare with yourself, it's fine, there is no need to compare with others, there will always be someone better than you.
The purpose of telling the truth is obviously not to see everyone lose money, because if you don't make money here, you will lose money. If you don't play, you won't lose money. If you play and don't make money, you will lose money.
The real bottom of the market's correction must be when everyone flees in panic. Although many people's emotions have changed from happy bottom-fishing to slightly panic, most people are still building positions in batches to bottom-fishing, or even full warehouses!
The decline at this time only shows that the big correction has come, but for most people, this concept is still elusive.
In the bull market, before each violent pull-up, the main force will definitely suppress the price by any means, forcing small investors to cut their losses and get off the train.
After the violent pull-up, small investors suddenly realized that this was the trap of the main force! When the market enters the final crazy stage, most people can't help but chase in to eat the last bite of meat, trying to expand the principal to increase income.
The ending is often stuck at the top of the mountain. The main force now wants to make small investors have an illusion that the market is about to collapse and a big drop is imminent. If they don't sell, the price will be lower and the account will shrink infinitely.
But all this is just appearance! The real purpose of the main force is to make you see that your account is shrinking and you can't help but sell high and buy low.
My suggestion is to set yourself a staged goal
Work hard, treat the currency circle as an amateur investment, don't invest too much energy, and slowly increase the compound interest from 5,000 to 50,000 with a light position. In this process, you can form your own trading system, which can be changed and applied to other speculative markets in the future.