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Many people panic when they see a downturn in the market over the past few days. When they see their capital shrinking, they fear it will continue to plummet, so they start selling off. Then, when they sell off, the market starts to rise again. But once they've missed the boat, it's not easy to get back in. They wait for it to drop again, but it keeps rising, and they can't resist jumping back in. The result is predictable - once they jump back in, it starts to decline again. And then, it's just a loss. |
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