I used to invest in stocks like a lot of individual investors since it is so easy to buy and sell stocks. All you have to do is set up a brokerage account and start trading. Read some news, analyst reports and you can place orders with a few mouse clicks. Many people think they are pretty good with picking stocks when everything is going up. When the market sentiment goes the other way, they are usually not quick enough to exit their positions at the beginning and can’t resist to sell out of fear when the market actually bottoms. [...]