Retail investor pitfalls and market observations

In the past, it was difficult for me to understand why retail investors were losing money even though it was a bull market.In addition to the above-mentioned large positions in contracts, what is even more exaggerated is that some people still lose money without leverage.I found out later that their hands were full of garbage.What is garbage? I'll just give you a standard.1. After the big pie explodes, do not follow the rise and just barely adjust a few points.2. After the big pie exploded, it entered a high position and fluctuated sideways. This was the best opportunity for me to perform, but unfortunately it still didn't move.3. The market began to pull back, and it immediately dived and could not recover.If the above three points are met, you can discard them all and delete them of your choice.Many people have obsessions, that is, the obvious anchoring effect and sunk cost, the pie has taken so much, I have been holding it for so long, and it has not risen much, so it will definitely rise, and I have to hold on to it.Then it was tragic.In every bull round, in addition to the underlying liquidity injection, on the surface, there must be one or two hot spots that can get out of the circle. The funds must have a story, even if it is a lame garbage story.21 years of defi, nft, gamefi.The running shoes of the 22-year bear market are gmt.In this circle, the new people must be better than the old people, and the old people will never cry.