The stock market is counterintuitive. When people enter the stock market, they often hear that you shouldn't chase gains or panic sell. That means you shouldn't buy a stock just because it's rising sharply, nor should you sell off your shares in fear of further loss when the price drops immediately after buying. Even if you want to hold onto them long-term, sometimes the major investors will endlessly test your patience, suppressing a sector for months or even years, forcing you to sell at a loss. Then, they will take advantage of your exit to buy at low prices.
But, hearing is one thing and doing is another. Who can resist the temptation when a stock surges wildly? Who can withstand the long-term frustration of continued decline and loss? It's not just a test of one's vision but also one's mentality. After all, who enters the stock market without greed? It's simply human nature.
