The process of turning a bear market into a bull market is a tangled process, and the tangled process reflects the changes at the psychological level.
Before the trend is completely out, no one knows what kind of pattern it is, and being optimistic about a certain pattern is essentially a matter of probability. Anyone's judgment on the index cannot be 100%, as long as the judgment is correct most of the time and reaches a certain winning rate, then there will naturally be a certain winning rate. The corresponding is sustained profitability.
Regarding the pattern of the index, we should take history as a mirror, look at the previous trend, look for feelings, and think twice.
The process of turning a bear market into a bull market has different patterns, and we will look at the conclusion after the review.
The early trend at the start of the 998 bull market, after the index ** reached more than 22%, it was reshuffled by 12%. Start the breakout again to the upside.
After bottoming out at 1849, the index** reached more than 22%, then retraced 13%, * for a year, and then broke out to the upside. In more than a year, the GEM has been in a bull market.
After bottoming out at 2440, the index reached 34% and then retraced 19%. It took a year, and in the process of **, the GEM has started a bull market.
Look at the CSI 500 more bears turned bulls.
It can be seen that the bears of the CSI 1000 turn bulls, and there is not much time to move sideways, and it is often strong in the early stage.
Let's look at the bear to bull on the GEM.
The first time the GEM turned bullish was formed by a V-shaped reversal, and the second bear-to-bull turned bullish at the bottom for three months.
Conclusion: 1. It is easy to have a strong upward trend in the early stage.
2. In the early stage, there will inevitably be a step back when it rises to a certain height.
3. There is a V-shaped reversal trend, and there is a risk of over-bearishness.
4. The low point of each ** is higher than the last low, and the high point is higher than the last high.
5. The cattle will accelerate in the middle and late stages.
That is to say, even if the market has bottomed out, there will be a constant shuffle in the middle, and there is no need to be afraid of not being able to get on the bus.
In other words, if the market has bottomed out, it will be an opportunity for the next few years, and the further it goes, the safer it is.
There is no need to suffer from gains and losses, I never recommend that others have a full warehouse, or even basically do not ask ** questions.
Because the ** is more than less, the key factor is your psychological endurance, as well as the nature of the funds.