Investment is the realization of cognition, and cognition is the screening of information. Information is the management of time, and time is the best compound interest!
Money will eventually flow from people who are impatient to people who are calm, so most of the time, money will flow to people who are not short of money!
The currency circle is a compensation for character and cognition, not a reward for hard work, which is simply true!
Choice is greater than hard work. When opportunities come, you must dare to hold heavy positions and firmly hold positions. You must have a good guiding ideology, a good circle, and good logic. All of them are indispensable. In the end, money will flow from people who are impatient to people who are calm.
Several basic cognitions:
1. Can you make a lot of money by technology? No, it depends on the market, or the big market, and the supporting trading system that can set goals, maintain mentality, and firmly implement rules during the ups and downs of the big market.
2. The larger the level of the market, the less it has to do with technology, the greater the tolerance for operation, and the money earned is all the money blown by the wind. At the same time, the higher the requirements for mentality, as long as you stop being greedy, it is the difference between earning more and less.
3. The smaller the market, the higher the technical requirements, the lower the operating tolerance, the higher the transaction cost, and the harder it is to make money. The period of volatility is the most likely to make a rogue operation.
4. Choose at most two of the three: trading profit and loss ratio, trading winning rate, and trading frequency.
5. The core of trading is not how many times you have made the right trade, but how sure you are about this trade. Leverage is used to magnify profits. Don't do it if you are not sure.