The market has been terrible lately. I only ever do day trades, taking a few points profit and exiting immediately, never holding overnight. My positions are always flat at both the open and close of trading. This way, I can sleep well, and I don't have to worry about the market crashing hard at the open and getting trapped again.

Recently, there's been slightly more news about Teacher Duan Yongping. Actually, I don't really like 'A-Duan'. He made a huge fortune speculating on NetEase with a 60x return, yet now he goes around preaching value investing. As someone with small capital myself, I deeply understand how painful and uncomfortable it is to be trapped in a bear market. Big players can practice value investing because they have a constant stream of cash flow; when the bull market comes, they might make tens of millions. What can small retail investors hope to earn? Of course, I'm not suggesting everyone go gamble on weekly options or anything like that. I just think it's fine for us small retail investors to practice value investing in a bull market, but constantly averaging down in a bear market might not be the best approach.