1. The market originally has no bull or bear, only the concept of ups and downs. In market fluctuations, about 70% of the time is oscillating, and only about 30% of the time is unilateral upward or downward, so accumulating small victories into big victories is the magic weapon for long-term success. The ancients said: Do not do good things because they are small, and do not do evil things because they are small. If we move it to financial management, it can be understood as: Don't be too greedy, enter the market in batches. When entering the market and covering positions, the position should be small. Although the profit is less, accumulating small victories into big victories is the constant victory. Always want to rush in with a full position at once to make a big market and make a fortune, but the profit you have made may become a bubble due to not leaving the market in time. There are too many examples of such greed, I believe everyone has encountered it. For rising markets, you still have the possibility of a big win. For oscillating markets and falling markets, you can only make a difference in the oscillation process or make an oversold rebound. There is no big money to be made. If you don't seize the opportunity of small wins, then you can only wait and see. Although the sea is vast, it is also composed of countless small drops of water. Among the investment masters on Wall Street, whether it is Soros or Buffett, their wealth is accumulated little by little from each transaction. Without decades of accumulation, they would not have achieved what they have today. The ancients said: A journey of a thousand miles begins with a single step. I hope this sentence can encourage us together.