👈👈👈In a bull market, the common behavior patterns of novice investors are as follows:
Initial Surge: The market rises rapidly, but they doubt whether a bull market has truly arrived, so they take a wait-and-see approach and are hesitant to increase their positions.
Sustained Rise: Seeing the market continue to surge, they begin to realize that a bull market may be upon them and attempt to make small purchases, but they remain cautious due to concerns about a pullback.
Peak Phase: When the market reaches its peak, they decide to increase their investment, even using leverage, believing that they will miss out if they don't act quickly.
Beginning of Pullback: They consider this a technical adjustment and continue to increase their positions, hoping for a quick rebound in the market.
Sustained Decline: As the market continues to decline, they begin to panic and ultimately choose to cut losses.
Long-term Decline: Due to not stopping losses in time, they end up being trapped and may remain so for several years before getting free.