"If you don't follow closely when the market goes up, you can't escape when it goes down."
In fact, the strategy of "chasing the rise and killing the fall" itself is not wrong. The key lies in the execution method and mentality.
What really makes 99% of retail investors lose money is often a common problem - they are eager to cash in small profits when the market goes with the trend, but they stubbornly stick to it when the market goes against the trend.
First of all, "following the trend, you can't hold on". Many people are thinking in their hearts, "quit when you are ahead, and the money is in your pocket." This idea is correct, but the premise is that you really plan to quit from now on and never touch this market again.
If you still plan to continue sailing in this sea, then missing the big waves of the trend may mean missing more opportunities for value-added.
Remember, the market always rewards those who are patient and can grasp the big trend.
