Life, in essence, is like a super-long-term candlestick chart.
When you reach a high point, don't get cocky. Take profits when you should, and set a stop-loss order. The moment you start feeling invincible is often the prelude to a pullback.
When you hit rock bottom, don't rush to deny yourself. When the market is down, nobody suffers. The positions you hold on to now, the positions you add to, are the foundation for a future rebound.
The hardest period is the sideways trading. It's neither up nor down, and your emotions are gradually worn down. But the truly shrewd players often quietly accumulate their positions during this time. Only those who can endure the boredom can wait for the main upward wave.
After watching the market for a while, you'll find that people are not much different from candlestick charts—ups and downs are normal. The important thing is not to get wiped out by a single pullback.