A bull market makes you live in the fear of rising

In the past, a real bull market was never about the daily joy of popping champagne, but rather it was about rising every day, while you constantly doubt: is this the last rise?

Why is this the case?

First, when the rise is too smooth, people feel insecure.

As I have mentioned, the market always rises amidst hesitation.

In a bear market, you are accustomed to being beaten, worn down, and denied. Once the market starts to strengthen continuously, your brain instinctively reminds you:

"Could this be a false breakout?"

"Is the main force trying to induce a buying frenzy?"

"Is tomorrow going to bring you a big bearish candle?"

So the emotion is not happiness, but tension.

Second, a true bull market will constantly push you into the position of 'making mistakes.'

When you sell, it continues to rise.

When you switch positions, the original continues to rise.

When you hesitate, it just pulls away.

The pain of a bull market is not losing money, but rather missing out and doubting yourself.

Third, the most tormenting phase of a bull market is precisely the middle and early stage.

It’s not the crazy phase, but that kind of

rise a little, consolidate, rise a little more, then consolidate

You always feel like "it can't rise anymore," but every time you look back, it has already gone up another notch.

At this time, the emotion is: afraid to add, reluctant to sell, and exhausted from watching the market every day.

Those who are truly happy every day are often two types of people:

One type is the newcomers who just entered, who feel like they are the chosen ones with every small rise. (But these people often end up leaving with nothing)

The other type is those who have completely stopped watching the market and only focus on the cycle.

Old investors all know a saying:

A bull market does not make you happy; it repeatedly tests your faith.

When the day comes that the market really starts with a "universal consensus, everyone is bullish, and even a small dip sees people rushing to buy,"

that is actually the most dangerous stage of a bull market, and also the most deceptive emotional stage.

The prince is essentially reminding you of one thing:

If you feel uncomfortable, doubtful, and uneasy right now, but the price is gradually rising,

then it resembles a real bull market more than a bubble. This is not a market where you feel happy every day,

this is a market that tests whether you "dare to hold on" every day. @顶级交易员昭财