In a bull market, a striking feature is that two or three mid-term major adjustments often occur, and the market continues to climb upward after each adjustment.
Unless it is the last decline, the previous adjustments are all for a better rise. As time goes by, the market's highs are higher and higher until the final correction marks the end of the bull market, which may be followed by a sharp decline.
In this process, I have always emphasized three points: getting used to accepting market declines, choosing timely phased purchases, and focusing on spot transactions.
The rest of the time is just patiently waiting and enjoying life!
Although these principles sound simple, in practice they can help you earn steady returns.
However, many people enter this industry in pursuit of getting rich quickly, and few are willing to obtain long-term returns from steady accumulation. Therefore, simple but effective rules are often ignored or underestimated.
In this industry, after experiencing market fluctuations, we will have a deeper understanding of the importance of simple principles. They can not only help us gain wealth, but also maintain our determination and growth in the market.