In a bear market, mindset and disciplined execution determine life or death. How many people go all-in, only to see their accounts wiped out by a reverse trend—that's why stop-loss must be the first line of defense. Champions are rare, but perennial winners are even scarcer. The temptation of a bear market rebound is strong, and not setting a stop-loss is gambling with your life.

Watching the market may seem simple, but in reality, it is a basic respect for your own funds. Many people cannot commit to not trading without watching the market. Once you decide to enter, you must take responsibility for every bit of your capital. This is not a matter of feeling; it’s professional integrity. Position management is an art—those advocating for full-position bottom-fishing are nine out of ten likely to be misleading you. Divide your funds into several parts, allow yourself to fail multiple times, as long as you catch one big trend, the profits can cover all losses.

Want to experience the entire market cycle? That’s a privilege of the big players. Retail investors can only follow the trend—buy when the big players push the market up, sell when they dump, follow the main force’s rhythm, and only then have a chance to share a piece of the pie. Chasing highs and selling lows is the most common way to get killed—seeing others’ screenshots makes you restless, but by the time you enter, they’ve already left, and in the end, you’re the one who gets cut.

Let’s not even talk about trading based purely on gut feeling. Acting recklessly without any technical basis or risk assessment relies solely on luck. The market is not a casino; don’t go all-in just for a quick thrill. Those who survive in a bear market are often not those who guessed right a few times, but those who embed these principles into their bones—three musts and three don’ts. It may seem simple, but mastering them can make you stand out among many investors.