PORTAL
China’s stock god exclusively shares why stock trading is the most difficult industry in the world
Give up the fantasy of getting rich suddenly
1. It is difficult for new players to get rich in an ancient industry. Global finance has a history of more than 200 years.
2. There are roughly three technological revolutions in the financial trading industry. The first is chart technology, represented by Gann. The second time was value investing, represented by Warren Buffett. The third time was quantitative trading, which is now Al.
3. The lower the industry entry threshold, the lower the profit. The threshold for the trading industry is almost zero. Why was the Beijing Stock Exchange so popular some time ago? The threshold is the underlying logic. September 24, 2023: Investors should not make profits as their sole purpose.
4. The more opponents there are, the harder it is to succeed. There are 400 million cryptocurrency holders in the world. Excluding zombies and one person with multiple institutions, the number of active cryptocurrency investors in the market is conservatively estimated at 40 million. It is too difficult to stand out.
5. The trading industry is a zero-sum game. The money you make is lost by other people. There is no outcome where everyone makes money and leaves.
6. The cruel thing about the trading industry is that the above laws take effect at the same time. People who fantasize about the freedom of wealth in the trading industry must think carefully about it.
