I have a retail investor friend who fully sold off his holdings during the U.S. stock market circuit breaker in March 2020.

Three months later, he watched in disbelief as those stocks he sold tripled in value.

Later, he said something I’ve always remembered: "It’s not the market that defeated me, it’s me who defeated myself."

Every investor who has experienced bull and bear markets has a story of wanting to delete their account.
The key is not avoiding every decline, but having cards to play when the market drops.

So, is this circuit breaker a pullback to gather strength or a risk warning?
Probably no one can tell you the answer; the only thing we can do is manage our positions well and wait for the market’s clear direction.

‍#投资心态 #熊市生存法则 #交易心理 #散户保护