Common mistakes made by retail investors: chasing ups and downs!

First of all, from a technical point of view, retail investors' chasing ups and downs proves that there is no complete trading system or complete trading model. They just rush in when they see the price rise, and they are very scared when it falls, and they immediately sell out. They often trade frequently with full positions. Not only does it generate a lot of transaction fees, but it is also easy to lose the principal in a very short time. From a mental point of view, there is no faith, and they hold a gambling mentality. They are at a loss and have no opinions of their own. They chase in immediately when the price rises, and sell out immediately when it falls. There are also those who hold the mentality of getting rich overnight, and they go all-in, but they have not learned to get rich slowly, and have not experienced the power of compound interest.

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