The biggest change from loss to profit for me was not how much my technical skills improved, but rather the significant change in my understanding of trading.
In the past, I believed the main reason for losses was poor technical skills, so I searched for the perfect methods and systems. Eventually, I discovered that there is no perfect system; sticking to a system that yields positive results is what matters.
I always liked to predict the market, analyzing where the highs and lows were, drawing lines every day, and looking at various reports. The result was that I was right twice and wrong eight times. I selectively forgot those eight mistakes and only remembered the two times I was right, which led to a bad habit of thinking I was always right, ultimately resulting in various losses. Later, I had an epiphany and realized that the market can never be predicted; what I should do is follow it, not predict it.

We should not look at what big capital says, but rather look at its actions and what it actually does. Those who own overseas assets, especially US dollar assets, must watch to the end.
From July 17 to July 29, 2024, Berkshire Hathaway sold a total of approximately 71.29 million shares of Bank of America, cashing out a total of more than $3.046 billion. In the first few trading days of August 2024, Berkshire Hathaway continued to reduce its holdings of Bank of America, but the specific amount was not mentioned. From August 15 to August 19, 2024, Berkshire Hathaway sold approximately $550 million of Bank of America shares. From August 23 to August 27, 2024, Berkshire Hathaway sold approximately $981.9 million of Bank of America shares. From August 28 to August 30, 2024, Berkshire Hathaway further sold approximately 21 million shares of Bank of America, cashing out approximately $848 million. In September 2024, Berkshire Hathaway further sold approximately 21 million shares of Bank of America, cashing out approximately $848 million. During the trading day, Berkshire Hathaway continued to sell Bank of America shares. The specific amount and date were not mentioned. From September 20 to September 24, 2024, Berkshire Hathaway sold approximately 21 million shares of Bank of America common stock, cashing in approximately US$863 million. From October 3 to 7, Buffett again reduced his holdings in Bank of America and cashed out US$383 million. His shareholding ratio has dropped to 10.1%. He has cashed out about US$10 billion since mid-July. We must be clear that if Berkshire Hathaway's shareholding ratio drops below 10%, then they will no longer disclose the details of the reduction. This is the most dangerous and the most dangerous signal for you at the moment. Why was Bank of America reduced by Buffett? What is the core logic of the bank? It is to operate through leverage, but its reduction in holdings indicates that there are some risks. The Federal Reserve had big problems on October 1, and we will know that in the coming months, overseas markets will be precarious. #Meme浪潮持续，你看好哪一个？ #美国大选如何影响加密产业？ #Canary提交莱特币ETF申请 #特斯拉转移比特币