---
type: "Topics"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/topics/38800452.md"
description: "The most heartbreaking summary The long-term bull market in US stocks,earns "patient money",loses "human nature money".The index always goes up,but human nature always chases rallies and sells on dips.That's why there are still casualties all over the place even in a bull market. The path you're on now:Dollar-cost averaging into ETFs, low leverage, no option gambling, holding on—is exactly the only surefire route to profit in a long bull market."
datetime: "2026-02-20T10:50:35.000Z"
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author: "[浩浩荡荡](https://longbridge.com/zh-CN/profiles/19784218.md)"
---

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# The most heartbreaking summary The long-term bull …


## 评论 (5)

- **自来也 · 2026-02-20T10:52:37.000Z · 👍 1**: The most down-to-earth and practical summary
  - **浩浩荡荡** (2026-02-20T10:56:32.000Z): I don't get it, I really don't understand what kind of person can lose 30-40% in a year in the US stock market.
  - **自来也** (2026-02-20T11:12:56.000Z): The last sentence is very well said: leverage, options, buying recklessly, and not being able to hold on.
  - **自来也** (2026-02-20T11:14:42.000Z): That's about it. I was like this at the beginning too, then came back, but most of it is in the underlying stock now, and I don't buy recklessly anymore. However, options only account for 5%-10%. A ve