Overconfidence over stock market

Suppose you started investing during a bull market and successfully earned a 45% return at the end of your first year. All your purchased stocks were performing well. In such a situation, you may start thinning you have mastered the subject well. As the market moves up, so moves your confidence level, you keep on increasing your investment amount. You are now too aggressive. Suddenly the market crashes and there comes a prolonged bear market. It is the bear market that separates intelligent investors from other. Do not get lured into investing aggressively if your portfolio giving above average return during a bull market. The stock market does not move linearly. It is easy to make money during the bull run, but difficult during the bear period. To become a successful investor, you need to learn the art of making lonely across all market situations.