Looking back at today's market performance, why are some people still unable to lighten their positions in time? Why are there differences between the trading plan and the actual behavior? From a professional point of view, this involves a concept, that is, "psychological account", also known as "expected income".In the financial market, winning or losing is a common occurrence for military strategists. But if we don't make a trading plan seriously every day, but trade blindly, it is often difficult to succeed.Tonight, I also want to say two words to two types of investors (steady and radical):
The core of value investment is to buy undervalued sustainable assets, time is your friend and impulse is your enemy = stable investor.If you are a "steady investor", it is suggested that you don't rush to act first, and then make moves after seeing the situation clearly to ensure the margin of safety.The core of value investment is to buy undervalued sustainable assets, time is your friend and impulse is your enemy = stable investor.
Set sail for a new journeyIn the financial market, winning or losing is a common occurrence for military strategists. But if we don't make a trading plan seriously every day, but trade blindly, it is often difficult to succeed.If you are a "steady investor", it is suggested that you don't rush to act first, and then make moves after seeing the situation clearly to ensure the margin of safety.