Some people follow the trend to buy funds when the market is rising, and watching everyone buy them, they may think, won't I make money by buying funds together? The fund has been rising, indicating that this fund should be good.
In the process of market decline, if you watch everyone redeem the fund, you will also redeem it, fearing that you will lose more and more. This operation of "buy more, buy more, sell more" will increase the investment cost and easily lead to losses when the market falls.
Secondly, the holding time is short and the fixed investment is abandoned. Frequent trading of funds requires a handling fee. Long-term holding and fixed fund investment can spread risks and save fees. Generally speaking, holding funds for a long time, buying at a low valuation and insisting on fixed investment can make better money.
Then, some people like to blindly chase hot spots and see which fund is the hottest, so they keep adding positions and quilts. Generally speaking, the advice is not to blindly chase hot spots, control yourself, not to chase up and down, to have a suitable financial management concept and buy funds rationally.
Generally speaking, buying a fund is a long-term holding process. As a fluctuating product, the fund will fluctuate, basically it will not go up all the time and it will not go down all the time. The reason for the loss of buying funds lies in the operation of "buy more, buy more, sell more", short holding time, giving up fixed investment, followed by many factors such as blindly chasing hot spots.
The general suggestion is that holding funds for a long time, investing in funds, not buying and selling funds frequently and not blindly chasing hot spots can reduce the losses of funds.