Last weekend the market retaliated, how many people who went long got trapped and faced severe losses!

Last weekend was yet another "bloody ending" — how many people were full of confidence going long, only to be directly trapped by a wave of retaliation, forced to cut losses and exit!

Even worse are those who used high leverage, watching helplessly as the market turned sharply downwards, only to face liquidation without even realizing it.

The market is so ruthless, teaching lessons time and again to remind everyone: control your position, set stop losses, otherwise when the market changes its face, you might lose even your principal.

Investing is not gambling; less impulsiveness and more rationality are needed to survive longer.