I used to be someone who would chase as soon as I saw a rise, but then I learned my lesson three times...
When I first entered the market, as soon as I saw the K-line go up, my eyes would light up, fearing I would miss a wave of momentum. As soon as it rose, I would chase it, thinking 'the strong will keep getting stronger'.
In the first wave, I chased high and got hit, hanging in a loss right after entering.
In the second wave, I chased even harder, doubled my investment, and got completely wiped out.
In the third wave, I was not convinced. I thought this time it must be a major upward trend, so I increased my position, and my account balance went up... but the price didn't rise.
After three attempts, I finally understood: it wasn't that I couldn't read the charts, but rather that I didn't know how to 'wait'.
Do you ever feel this way:
You fear missing out as the price rises, so you rush in.
Once you enter, it falls, and you panic.
You sell and then it goes up again, leaving you even more anxious.
In reality, it's not that you don't understand trading, but that your system was flawed from the start.
I gradually began to shift—no chasing, no gambling, no rushing. Instead, I adopted a rolling position strategy, specifically looking for those 'pullbacks after a rise, washout before a rebound' situations, focusing on certainty rather than passion.
In this market, it's not the one who rises the most that wins, but the one who lasts the longest.
Only accounts that can wait, endure, and roll over can survive until the end.
Looking back now, I was a typical 'head-on-a-platter' player.
Emotional highs, rationality offline.
But now, even if we move slowly, our accounts are steadily climbing. The rolling isn't fast, but it truly is going up.
I'm still using this rolling strategy, and others are joining me. Those who can maintain their mindset are gradually finding their rhythm again.
I won't elaborate on the details here; those who truly want to turn things around will naturally find the doorway.
