After listening to the sharing from the club teacher, my understanding of bull and bear markets has deepened. I used to think that the market must have a highest point and a lowest point, and the key to trading was to capture these positions. However, it seems that this idea is quite naive. True masters do not get entangled in when the market will peak or bottom out; instead, they wait for opportunities that suit them before taking action. This not only reduces unnecessary trading but also avoids being severely punished by the market due to incorrect predictions.

I particularly agree with a viewpoint that market sentiment is really super important in trading, even more critical than pure technical analysis. Take the fear index as an example; if market panic is too high, many people will rush to sell, but often this is precisely a good opportunity for long-term buying. I have made similar mistakes before, such as after a sharp drop, being afraid of losses and continuing to intensify my position, eventually leading to cutting losses and leaving the market, only to find that the market rebounded not long after, resulting in more losses than I initially imagined. After listening to the explanation this time, I think I should observe market sentiment more rationally in the future, rather than being led by it. Another interesting point is about the direction of main funds; when I traded before, it was simple: just look at the K-line to find buy and sell points. But later I discovered that looking solely at price trends can easily lead to deception. Sometimes the market seems very strong, but in fact, big funds have already quietly sold off; conversely, what appears to be a devastating drop may actually be the operators quietly accumulating positions.

This learning experience has made me clearer that trading is not just about looking at charts and finding support and resistance levels, but rather about combining market sentiment, fund movements, and macro trends to make judgments. I plan to pay more attention to the fear index and the direction of main funds in the upcoming trades, while reducing unnecessary predictions, and only act when I am confident. I hope to step less into pitfalls and make more money in the future!

To summarize:

✅ Don't be obsessed with predicting tops and bottoms; wait for the right opportunity to take action.

✅ Pay attention to market sentiment; the fear index is a good reference indicator.

✅ Observe the direction of main funds; do not be deceived by superficial K-lines.

✅ Don't rush in; control your position and wait patiently.