Those who truly survive long in the market are rarely "fussy"——they don't chase in when they see sharp rallies, nor do they panic sell when prices drop; their emotions don't follow K-line fluctuations up and down, and they don't blindly follow what others are buying. They can calm down and first understand what the major direction is all about. They have a sense of balance in their mind, knowing what to touch and what to avoid. More importantly, they've already discarded thoughts like "let's wait and see" or "maybe it could go up more." Every operation is taken with a clear understanding of wh
The first principle of trading profit is buying low and selling high; The first principle of buying low and selling high is reasonable timing; The first principle of reasonable timing is accepting fuzzy correctness; The first principle of fuzzy correctness is finding asymmetric odds; The first principle of finding asymmetric odds is capturing mispricing; The first principle of capturing mispricing is identifying crowd emotional loss of control; The first principle of identifying crowd emotional loss of control is the ability to think in reverse; The first principle of reverse thinking is absol