If you are carried away by market sentiment, you will always feel uncomfortable.
Those who regretted not buying at 53,500 will probably regret not escaping at 68,500 soon.
Why do most analysts’ words fail to make the audience make money?
This is determined by the supply and demand relationship. Most market participants don’t want to hear things that can really make money.
What everyone wants to hear is just the reinforcement of their own views.
For example, I think long and long, so I want to find a firm bullish view in the market, like it, and find recognition.
If he is wrong, he is stupid; if he is right, I am awesome. The demand is like this, don’t blame the supply.
The market is naturally full of noise. No matter how reasonable the analysis seems, it is essentially the supply of demand and cannot help you make money.
Market analysts do not need to make accurate analysis and predictions. Market analysts only need to provide analysis and predictions continuously.
The audience will find the analysis they want to see and agree with it.
This is human beings. In fact, they have already made a decision in their hearts, and the rest of the time they are looking for reasons to support it.
So don’t blame the analyst. His responsibility is limited.
After years of observation, many so-called technical analysts are like people sitting in lottery stations studying trends. They think they can analyze the trend of the winning numbers, as if they can calculate the numbers of the prize pool as long as they work hard.
Treat yourself as the stupidest fool, buy the bottom when it falls too much, and sell it in the bull market. This seemingly stable income is not valued by anyone.
Because most people think they are very smart, disdain to make money slowly, or have little capital, want to make a small bet for a big gain, and regard themselves as gambling gods.
In fact, reality is often cruel, much crueler than imagined, and opportunities are often fleeting. Either you have the patience to wait for the next big market, or you have a lot of money and unlimited bullets to increase your position and try and make mistakes, or you are a big liar, and you have a story to make people believe.
Otherwise, it is unrealistic for an ordinary leek to enter the currency circle and want to get rich overnight.
Therefore, although it sounds a bit counterintuitive, in my opinion, the strategy with the highest comprehensive input-output ratio is actually: abandon risk, close your eyes, and hold the spot with peace of mind.