Little brother explained: "Get Rich Slowly"- brother solves the problem

Little brother explained: "Get Rich Slowly"

Gold Crude Oil Daily Trading Plan

brother solves the problem

Someone asked Buffett: "Your investment system is so simple, why don't others do the same thing as you?" Buffett replied: "Because no one wants to get rich slowly."

There are many people in this market whose original intention is to get rich overnight! I feel that the money comes quickly and the rate of return is high. really! Not all. I think this type of trader will understand within half a month-this market is not easy!

For retail investors who do not understand the disk and the general direction, although it is difficult to accurately predict the future price trend, there are two basic facts or laws that cannot be denied:

One, as long as there is a transaction, the price will fluctuate. Through long-term and continuous price fluctuations, we hope to slowly accumulate real profits.

Second, what goes down always comes up, and vice versa. This sentence should be a popular expression of the mean regression theory, but it cannot be attributed to unlimited anti-mono! Because the key point that often fails is whether we have the financial and psychological preparations to persist until the day when the price finally goes down or goes up.

Persistence or waiting involves the choice of long-term or short-term trading. In my opinion, whether it is short-term or long-term, it is just a means for us to pursue profits, and the purpose is to make profits. The specific choice of long-term and short-term trading methods also depends on one's own investment strength and the nature of the product.

To sum up, it involves investment mentality and expectations for yield. This requires us to always remember the fact that only a few people make money in this market. As long as we make a profit, no matter how low, we can be among the few successful ones. In order to obtain relatively stable long-term returns, it is very important to have a good attitude, strict fund management, position control and discipline.

Last updated: 08/24/2023 18:07

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