Whether you read the market right or wrong, whether you make money or lose money based on the market trend, it actually doesn’t matter.
Because no one is a god, and there is no victorious general.
But, you have to respect your opponent's game
Don’t step on others because you insist on believing in your own opinions
This is the most basic and basic respect
Just like me, I once said loudly at the beginning of 22
Ethereum will surpass Bitcoin in market cap within two years
It’s obvious, almost two years later, that this view is so wrong.
Then why didn't anyone name Lu Yao and say he was a bad guy? (But even if I see it, I ignore it)
Because I only express my opinions and do not criticize others. I often say that I have been losing money for a long time and making money occasionally.
That means 80% of my opinions are of no value, and can be effectively reversed.
So, if you remain in awe of the market and be alert to your own ignorance, you will reduce a lot of noise.
Never, never, swear to prove your point of view and step on a bunch of good people.
Once you are wrong, you will bite back
On that day of 1997, I was extremely convinced of the signals in my trading system and incurred huge losses.
It can be called the biggest Waterloo in my trading history.
So, how can it be 100%? Especially the world of finance
Each bubble pushes, expands, punctures, and explodes
The only thing we can do is prepare for the worst
As long as you survive, the one who remains will be king!
