A realistic chapter on leeks (a must-read for beginners)
You think the currency circle is that you take out 10,000 yuan, don’t look at it for ten years, and then sell it when it reaches 1 million~
The real currency circle is that if you put in 10,000 yuan, you will have 5,000 left the next day. And you can't sleep at night. In this year, every night when you are woken up by peeing and going to the toilet, you will open your account to check the market. !
After finally getting through a year, the value of your currency fluctuates between 1,000 and 6,000. You have made up your mind that when you lose 9,000, you will cut off your flesh~
When a bull market comes, your currency finally rises to 8,500. You feel that based on past experience, it will definitely fall back to 6,000, so you sell 8,500 and prepare to go short and buy when it falls back to 6,000, so that you can still Earn 2,500. In fact, after you have done many operations, you may have made a lot of money at first, but in the end, you can no longer get on the bus and directly reach 9,000~
So you get upset and it's too late if you don't get on the bus, so you take the 8,500 you sold and take back the 9,000 position, and you have less coins.
Then it moved back from 9000 to 7000, and you regretted it again and couldn't help but go to the operation again. Slowly watching it rise all the way to 12000, you made money. After waiting for a year, you sold the currency!
With an annualized profit of 20%, you feel like you are Buffett!