Many people, during the early stages of investing, always fall into a misconception:
I can only make money, I cannot lose, and if I lose, I feel bad.
Unable to accept fluctuations, unable to endure floating losses, the result is cutting losses and liquidating.
This cycle repeats, and in the end, you will definitely become a losing investor in the market.
In fact, the truth of the investment market is:
No one can maintain a 100% win rate,
Just as no one can predict the market trend.
What we need to pursue is fuzzy correctness,
What is fuzzy correctness?
If more than 50% of all investment decisions made in the past are correct, then your final investment returns will definitely surpass most people.
This is fuzzy correctness.
After making an investment decision, short-term floating profits and losses cannot determine the correctness of the investment decision.
As long as you can ensure that before making the investment decision, you did thorough research, recognized its long-term value, and prepared for long-term investment for several years, then adhere to your investment discipline, stick to the DCA strategy, and increase positions when prices dip, you will likely become a long-term profitable investor.