A common mistake made by beginners is to "lick" the market—how do you "lick"? Not licking when prices are rising, not licking during emotional peaks, and when the price drops significantly, trying to buy the bottom for a rebound—that kind of thinking is super easy to lead to big losses. Secondly, when the price drops a lot, it becomes more delicate. How much is considered a big drop? Looking back, you'll find that you shouldn't buy the dip during a 50% cut. 🤔 If you think a 50% drop can double when it recovers, that's the most common mistake beginners make. Major stocks / leading stocks with potential often need to be cut twice, for example from 20m down to 5m—that's common. Small stocks depend on the market maker’s mood; a 50% cut twice can bring it down to 2.5m. And this is just the first wave of shakeout; the second often leads you toward zero. 😂 Lock in your profits at emotional peaks, and don't easily trust any target.