The young man asked the Zen Master: Master, why do most retail investors lose money?
Zen Master: All because of the word "greed".
Young man: I’m not greedy, why am I still losing money?
Zen Master: If you don’t know how to leave, the essence is greed.
Youth: How to avoid being greedy?
Zen Master: Leave the opportunity to make money to others.
Young man: I would like to hear the details.
Zen Master: Sell the stocks that everyone thinks will rise.
Youth: Do you want to make money?
Zen Master: Most people are wrong, just do the opposite.
Young man: Great master!
Zen Master: Most people don’t want to leave the market with an empty position, and most people don’t want to enter the market with a full position. As the saying goes, when others give up, I take, and when others take, I take!
Young man: Trading is really a science.
Zen Master: Trading is philosophy and a grasp of human nature. Trading is also art. The timing must be just right.
Young man: Follow the master and you will have meat to eat!
Zen Master: Master is a vegetarian and loves to eat leeks!