The biggest problem for retail investors losing money is that they are always thinking about buying the dip, without having the skills for very short-term trading, yet always wanting to use leverage.

Counter-trend trading is much harder than trend-following, and it requires high precision in entry points. Moreover, the more one engages in counter-trend trading, the narrower their perspective can become (constantly focusing on short time frames), and the available capital for counter-trend trading is also limited.

In the last bull market, those who truly made big money did not rely on buying at 3k and precisely selling at the high point of 12000 during the halving, but rather on riding the real trend reversal from 10k to 60k.

Think about how Liangxi became famous and made money, and why that doesn't work now.

Trend reversals take time, and retail investors are always afraid of missing out, hastily trying to catch falling knives. Therefore, making small profits while losing big is the norm.

In a rebound market, whether it moves in a V or W shape, or something else, earning a little is still earning a little; don't be too greedy.

Take this recent rebound of the A-shares as an example, consider how much the emotions of retail investors have changed over these past months.

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