Five Major Iron Rules to Remember for the Bull Market:
1. When prices rise sharply and fall slowly, there must be stockpilers buying low in anticipation of a price increase; this is an opportunity that requires attention.
2. When prices drop sharply and rise slowly, it is often the sellers offloading their stocks, aiming to cash out; the market may decline, do not wait for the bottom, quickly exit.
3. At market highs, when volume increases, do not rush to sell, as there may still be upward momentum; when volume decreases, exit quickly as the upward trend has exhausted, to avoid being trapped.
4. At market lows, when volume suddenly increases, do not impulsively buy, as it may just be a small rebound; wait for continued volume increase and capital inflow before entering the market.
5. Trading is about trading people's sentiments; when people unite, prices rise. In the market, trading volume reflects collective sentiment; high volume indicates consensus, while low volume suggests uncertainty and observation.