The biggest problem for retail investors losing money is that they always think about catching the bottom, without the skills for ultra-short trading, yet always thinking about leveraging.

Trading against the trend is much harder than trading with the trend, and it requires high precision for entry points. Moreover, the more you trade against the trend, the smaller your perspective can become (always focusing on smaller time frames), and the capital capacity for counter-trend trading is limited.

In the last bull market, the people who truly made big money were not those who bought at 3k and accurately sold at the 12000 halving high, but those who made money in the bull market from 10k to 60k after a real trend reversal.

Think again about how Liangxi became famous and made money, and why it doesn’t work now.

Trend reversals take time; retail investors are always afraid of missing out and hastily trying to catch falling knives. Thus, making small profits and large losses is the norm.

In a rebound market, whether it goes V or W, or other patterns, earning a little is still better than nothing—don’t be greedy.

Just like this recent rebound in the A-shares, think about how much the sentiment of retail investors has changed over the past few months.

This is human nature; if you can't overcome it, don't expect to make money.