Why after making a lot of money, I like to go to the mountains to calm down and keep quiet!

Generally, after making a lot of money in a market, I like to go to the mountains to calm down, or find a temple to meditate, or go on a trip to relax for a while, reorganize my thoughts, review my transactions and investments, and start again.

Today I will briefly talk about the reasons here. In fact, a reasonable explanation can be drawn from the laws of market changes. After the market has undergone a large spatial change, its momentum will often be exhausted, and it will either stop falling or stagnate in rising.

At this time, the law of change will change from trend to shock or trend reversal. Traders are often not easy to withdraw at this time, commonly known as "egoism". Trading thinking still stays in inertial thinking, thinking that the market can continue to rise or fall, and begins to isolate or ignore the corresponding negative and positive factors with selective bias, and ignores the data advice of peers. Then, according to the inherent trading thinking, positions are opened, and continuous losses will occur at this time.

Once a loss occurs, because of the previous anchoring effect, if you originally made 2 million, but then retreated to 1 million, various psychological states will emerge, such as unwillingness, always telling yourself to retreat after one more trade back to the high point. In the end, the 1 million profit may be lost. I believe that this is the main reason why many people invest into debt.

Especially in #Web3, the rules of change are very fast, and the track rotation is also very fast. Recently, A-shares, I believe that many people have gradually begun to FOMO. Today, when I went out for dinner, from getting off the car to entering the box, at least 5 tables of people were discussing A-shares. Especially in the face of such big profits, remember to stay calm. Only by isolating yourself physically can you stay out of it. As the saying goes, those who are involved are confused, while those who are on the sidelines can see clearly. Pull yourself out and be a bystander, and then observe the market. It is another scene and thinking.

In fact, after reaching a certain level in trading, technology and various indicators are no longer of much significance. The training of the mind is the direction, and understanding and mentality are far more important than the technology itself. In this market where most people lose money, it is not possible without a reliable trading system. It is crucial to build and hone your own trading system. What we ultimately trade is not price, but belief!