That the problem with pip jockeys trying to ride the momentum...

That the problem with pip jockeys trying to ride the momentum wave without doing research (aside from looking at a chart for 2 min) believing that's the way to get rich after watching some trading vids on Yo utube and jumping on the bandwagon. Few realize that if the people 'teaching' investing aka trading were actually consistently good at what they do they'd be busy trading not recording vids to share their secrets. And few if any retail traders ask themselves why they would be in the 1% of traders category that actually generate profit consistently (not one off on a punt) and not in the 99% category. We all believe we are special but the math doesn't lie and most people have zero clue about the relationship between fundamentals, the share price, valuations and value. As the results we see what you mentioned which sucks for the long-term holders but hey, that's the nature of the game unfortunately. Some people are just too dumb for their own good to realize they are hurting themselves first and foremost. It starts with realizing what is possible, probably, improbable and impossible. More experienced investors will realize this and look at the long picture as they know they will generate a higher return in the longterm. If generating 5x per year was so easy why isn't everyone doing it? So if that return expectation is unrealistic adjust your expectation and you are less likely to buy high, then sell low in panic mode to get FOMO a few months later when the price rises again above what you initially paid.