Whenever the market is doing well, many investors fall into the same dilemma—should I go all-in or play it safe? Be aggressive or cautious? An experienced trader posed a very sobering question: If you haven't made money in a bull market, then when do you plan to make it?

Is it when the index is fluctuating, with gains and losses alternating, and the market is unclear about the direction? That’s when making money becomes truly difficult. The logic is actually simple: the essence of a bull market is to allocate funds to those willing to accept volatility. When it turns into a bear market or a period of consolidation, it’s no longer about returns but about whose defense line is more solid and who can survive longer.

Make a little more profit in the bull market, lose a little less in the bear market, cycle after cycle, only then can you survive long-term in this market. Truly seasoned traders never obsess over dreams of full-position wealth overnight; they know when to strike decisively and when to pull back to preserve capital. The current market environment is suitable for attack. If you’re still hesitating and shrinking back, when the market turns, passive control will no longer be in your hands. The window to make money never waits for anyone; it quietly closes while you hesitate.