In a bull market, frequent crashes are critical! This year's rhythm is the key.
The market in 2024 shows a clear polarization. Those who can grasp the rhythm can easily make money, while those who cannot keep up become 'big losers'. Although a bull market is a time of great opportunities, it is also full of traps, with frequent crashes and spike-like washouts providing deep lessons.
Several characteristics of this year's market:
1️⃣ Frequent crashes and spikes in a bull market.
A bull market is never a one-way upward trend; crashes and spike-like washouts are regular operations for major players to clean up chips. Each crash is both a way to cut losses and an opportunity for patient investors to enter at a lower price.
2️⃣ Placing and catching spikes is crucial.
When facing rapid crashes or spikes, placing orders in advance and gradually positioning is an essential skill; otherwise, it is difficult to seize opportunities for rebounds at low levels.
3️⃣ 'Not reducing positions in a bull market' is a big taboo.
Those who do not trade in waves or reduce positions in a bull market often find themselves trapped due to adjustments or miss better opportunities to add positions at lower levels. Reducing positions at high levels and then adding at low levels maximizes profits in a bull market.
Summary: Although a bull market presents great opportunities for making money, not understanding the rhythm and only thinking about 'holding on with closed eyes' can easily make you a target for major players' harvesting. Mastering crash buying points and reasonable position adjustments is the way to truly make money in this year's bull market.