Xu Xiang's trading logic, who made 20 billion with 30,000 yuan, is summarized for your reference
1. The market cannot be accurately predicted. When the market trend is formed, don't have too many doubts, just follow it carefully. Good fund management and risk prevention are the prerequisites for all market behaviors.
2. The reverse law of long and short is like a switch. Those who desperately shout long and long in the market are actually potential short-selling forces; and those who desperately look short and short are actually potential long-selling forces. It is easier to see the essence of things in reverse, and it is also an important thinking mode.
3. Our ultimate goal is to make a profit in the market game, and the profit cannot be intermittent, but long-term and continuous.
4. Don't have any fluke mentality in every operation.
5. What the market never lacks is opportunities, but it must be something you can understand. The trading opportunities that truly belong to you must be scarce! You must have the mentality of a gentleman's revenge, and it is not too late for ten years. Don't rush to recover the losses. If you do so, it will often backfire.
6. The market is a hunting ground for funds. The success of one person is based on the failure of more people. If we make money by chance, I hope everyone can think about the sweat, tears and even life of others behind this money. So don't be too arrogant. Try to do more good deeds while you use this money to improve your quality of life.
7. The market itself is a conscious organism. It is also in constant evolution. Only by constantly evolving in trading can we avoid being eliminated!
8. The simple and easy-to-learn magical trading system in many people's minds does not actually exist. The simple trading system mastered by the master has also gone through many times of tempering from simple to complex and then to simple. It is the master's own, not simple for others!
9. Investing is not that simple. You can make money just by trading. Trading is only a small part of investment. There are many other tasks. This is the part hidden under the iceberg and the part that plays a key role!
10. Due to the inherent defects of human nature and the lack of understanding of trading and market laws, the vast majority of people will inevitably become victims of the market. We must face and accept this harsh reality.
11. No one is a god in this market. Everyone makes mistakes. I make no fewer mistakes than others. It’s just that I can reduce my losses when I make mistakes.
12. Trading is the same as starting a business. Success is a low-probability event, and failure is inevitable! The reason why I am a great winner is that I am a great loser!
13. Go with the flow. When the market is not good, learn to short the warehouse
14. Only do strong sectors and the strongest targets
16. If you can’t ambush, wait for the market to start. Don’t be afraid of it being high, just be afraid that it is not high enough
17. Trading itself is a long-term speculative game
18. Stop loss is always right, even if it is wrong, and it is always wrong to hold on, even if it is right
