The Six Major Stages of Losing Money in a Bull Market:

1. Beginning of the Bull Market

The market surges sharply, investors are filled with doubts and dare not increase their positions, only observing and missing early profit opportunities.

2. Continued Uptrend

Only when the signs of a bull market become obvious do they realize it, but due to the shadow of a bear market, they buy only a small amount, hoping for a pullback to buy more.

3. At the Peak

The bull market surges, greed arises, they put in all they have and even leverage, completely ignoring the risks.

4. Rapid Decline

The bull market crashes, mistakenly thinking it's a temporary adjustment, they increase their positions against the trend, increasing risk.

5. Continuous Heavy Loss

The market keeps plummeting, panic spreads, and unable to bear it, they cut losses, suffering heavy losses.

6. Continuous Decline

After enduring the crash, they face a prolonged decline, their assets are trapped, and they can only helplessly endure and wait for a way out, not knowing when it will end.