This time really opened my eyes. I originally thought buying the dip after a 20% drop felt pretty solid, but it turns out it can just as easily drop 40%. I looked at Samsung Electro-Mechanics yesterday and it’s already down by half—when things rally, they can be ridiculously aggressive; when they fall, they’re brutally harsh.

I originally thought there’s only one big sale event a year (in March), but I didn’t expect that twice has already happened in just this half of the year.
We still need to maintain more respect for the market. It’s better to sell too early than to take profits without discipline. When a series of top-of-trend signals appears, selling 1/3 is fine—it shows proper respect.
The level of pain equals the level of realization.