How did the eighty-two principle break the game? ?

stock exchange
forex 567

         The reality is cruel, especially in this 82-principle market, (8 people lose money and 2 people make money, or even 1 person makes 9 people’s money) This has also been agreed by market participants, no matter how cruel the market is There are still many people rushing in one wave after another. It’s okay if you have a high degree of education in reality and are an outstanding person who is successful, but it is still difficult for you to escape the 82 principle in this market. Since this is the case, we are Instead of thinking about a problem when entering the market and encountering difficulties, we should think about becoming a minority, that is, the minority in the 82 principle.

          There are many factors that cause the 82 principle. The first point is unprofessionalism, mostly amateur players. If you want to succeed, you have to think like a professional, so don’t focus on the losers. You should set the direction at the beginning. Want to look like a pro and learn from them.

           I can often see some data, the ratio of making money and losing money in the transaction is very different, but I don’t see any statistics on the ratio of making money and losing money of professional players, it should be very difficult to have an accurate data, ( The official account has a video I posted explaining the trader LYL), but the reality tells us that most people lose money, some of which are consumed after deducting stamp duty, and the rest is taken away by some professionals. Because the number of people losing money is huge, the professionals must be making Some of the protagonists in the article I wrote earlier have already explained this truth. Having said so much, the key is whether you can find professionals to study and become professionals.

            Most people lose money. We have always known this truth, so does it mean that you can make money by shorting when others buy up? I have done verification and the results are not necessarily optimistic, (it is difficult to find a bright light) From the perspective of physics, people's behavior is divided into work and points. (When meritorious, when sharing accounts) When everyone is doing the same thing, the power of the masses is huge (the market is unilateral), this is the inevitable repetition of history mentioned in the trend. When offering rewards, people’s nature will be unreservedly reflected, the weak will eat the strong, and the strong must get the most, so it is wrong to make transactions against everyone’s transactions, so how should we do it? I think it should really be to find a way to reverse the result, rather than simply reverse the behavior (others buy up and you buy down), I suggest everyone to read the financial alchemy written by Soros. I have just traded this book for 3 years When I read it, I couldn’t understand it at all, and I didn’t understand it until the sixth year of trading. There is a passage in Financial Alchemy: Going against the trend has become a fashion, but it is absolutely unsafe to go against the accepted expectations. Only at the turning point It is only when we stand on the opposite side, and it is very difficult to grasp the turning point.

              We should not simply go against the behavior, but we should be alert to the general behavior of most people, (all bull markets end when they are bullish, and all bear markets start when they are bearish). This is exactly what most people do. The results of behavior and simple thinking, what they like to do most (chasing ups and downs, selling high and buying low...etc.), what they can't help doing (frequent trading). These are all things we need to work hard to understand Find a way to counter them. Reverse behavior, that is to say, what they don't like to do is what we should study hard. Rare things are more expensive, and what others can do is not competitive. God always rewards those who are hard-working and those who are scarce, so everyone What are the behaviors? In fact, some classic books have already summarized for us, and I will write my summary in detail in the next article.

                                             loading....

Copyright reserved to the author

Last updated: 09/11/2023 12:37

799 Upvotes
15 Comments
Add
Original
Related questions
About Us User AgreementPrivacy PolicyRisk DisclosurePartner Program AgreementCommunity Guidelines Help Center Feedback
App Store Android

Risk Disclosure

Trading in financial instruments involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. Opinions, market data, recommendations or any other content is subject to change at any time without notice. Trading.live shall not be liable for any loss or damage which may arise directly or indirectly from use of or reliance on such information.

© 2024 Tradinglive Limited. All Rights Reserved.