Why is it so difficult for retail investors in this market to make a profit? Because they can't hold on to their funds; as soon as they see a bit of profit, they want to sell out, especially when there's a slight rise, fearing that if they wait even a second longer, they will miss out. Once they become the authorities, they realize it's not that simple.

In each cycle, retail investors can generally only taste a bit of sweetness during the bullish phase when the market rises together, and it’s merely licking the bottom of someone else's bowl after they have finished eating.

The key point is that it’s not a good thing; giving a little sweetness is meant to encourage retail investors to invest more.

What’s fatal is that the sweet taste that makes you feel good during the initial bullish phase consists of trash stocks that the main players have already chewed and discarded. Tragically, retail investors hold on tightly, praying that they can break even in the later stages of the bull market.