Today, I will talk about my understanding of investment, and I have a little new thinking recently.
Among the many words related to earnings, I like them the only one".Win side"This word, because investment is essentially a gameGames of probabilityEntering the market is equivalent to entering the market This big gambling table, this gambling table not only has institutions but also individuals, these participants include gamblers, speculators, self-proclaimed value investors, etc., it can be said that this gambling table is almost equal to every participant, but it is still difficult to win.
All the participants want to win in every game, but the result is often the opposite, most of the participants for various reasons can not wait for the desired result, so they quit the game early, some lose more times than they win, or may never win, and finally quit the table forever, knowing that once they quit, there is no chance to win.
Don't quit the table at any time, especially if you're losing badly, at the very leastRemain a participant and give yourself a chance to win
Being in the market, as a participant at a big table, there is no time and moment that will not be affected by market fluctuations, which is the so-called ups and downs, which is a normal thing for a qualified participant, they will not be affected by this kind of impact, but will benefit a lot from this fluctuation, find the right position from the fluctuation, and choose to participate in a gameThe odds of winning are biggerof the game, and eventually keep one with the other participantsProbabilistic advantage, which is already more than most people.
At a big table, you can always participate in a game with a big win, and the final resultThere is a high probability that there will be more wins than lossesThis is enough, the probability of winning every game is still very low, and recognizing this, at least staying at this big table longer than others, will naturally end up winning a greater chance.
No one can pinpoint** the right market positionMost of our decisions should be based on some reason, whether this reason is right or wrong, at least this reason can convince themselves to invest money in a certain variety to some extent, otherwise, at this time any of your ** sell operations are following the trend, not in the chase or on the way to chase up, as for whether to consider the cost and value, whether to consider the risk and potential benefits are slowly improved, It certainly wasn't so thoughtful at first.
Since it is a game of probability, we must be prepared to lose, when the winning side is larger, we can appropriately improve the aggressiveness of the assets, when the winning side is small, we can appropriately take a part of the profit, improve the defensive nature of the assets held in combination with our actual situation, and continue to wait for the opportunity of the next operationCyclical market ups and downs are the norm in the market, and they are also the basis of returns