For example, your assets are 1 million
You used 700,000 to buy a stock
The next day, the stock dropped by 1%, and you lost 7,000, but you didn't care because it would eventually rise again
On the third day, it dropped another 3%, and you lost nearly 20,000, but you were unafraid because it would eventually rise again. On the fourth day, it rose by 2%, and you recovered almost 10,000 of your investment. You smiled, feeling everything was under control.
On the fifth day, it suddenly hit the limit down, and you lost nearly 70,000. You felt a bit anxious and started to fantasize about it hitting the limit up on the next trading day. On the sixth day, it rose by 4%, and you breathed a sigh of relief, thinking that stock trading still has its patterns.
On the seventh day, it rose by 1%, and you began to anticipate.
On the eighth day, it rose another 1%. Although you felt the increase was slow, at least you were breaking even, and you were content with that. On the ninth day, it suddenly dropped by 8%, and during that time, it even hit a limit down. You began to panic, doubting whether your stock selection was an issue.
On the tenth day, it dropped another 4%, and you started to become angry.
On the eleventh day, it didn't drop anymore, but it also didn't rebound, closing with a doji star. You saw online that some said this was a bottom doji star, indicating a rebound was coming, so you firmly believed your stock was about to rebound.