Theoretically, every cycle of rise and fall in the stock market is a redistribution of wealth.

Some take profits while the market is favorable, while others chase highs and get trapped, handing over their chips. Capital does not disappear into thin air; it simply transfers from one group of accounts to another.

Greed during surges and panic during declines make it difficult for the vast majority to overcome their own emotions. By understanding the chip exchange behind price movements and abandoning fantasies of overnight riches—especially in the stock market where such psychology can lead to bankruptcy—one can navigate better.

Maintain a constant sense of reverence for the stock market; surviving in the long term is far more important than short-term windfall profits.