Retail investors' memory is really short-sighted. The next second they say they'll never touch it again, and the next market surge they rush in the fiercest; just after being liquidated and educated, a few days later they forget that pain completely.

It's not that retail investors are foolish, but the market's intense stimulation and fast pace make it very difficult to truly pause and review. When making money, they are confident; when losing money, they blame everything. Very few people truly remember the lessons.

So stories are replayed again and again, traps are stepped into repeatedly, the market never dislikes your pain, it only cares whether you've learned from it. Most people haven't truly learned.