It is essentially because of being poor, fantasizing about seizing every trading opportunity. This is not your own decision, but a habit cultivated by the market. Ten million at 30 years old and ten million at 60 years old are not the same. The picture painted by value investing suggests that you rely on compound interest to earn ten million after two or three decades. But the problem is, you are already 60 years old; what do you need ten million for? At that time, everyone couldn't get hard anymore. Everyone came to this market with the original intention of making quick money. How many people came to this market at the beginning without dreaming of changing their fate? For retail investors, value investing is too slow, so slow that if they really engage in long-term trading with their tens of thousands or hundreds of thousands of principal, even if the return rate is as stable as Buffett's annualized 10-15%, it will take 5-7 years to double. After twenty years, your five hundred thousand might grow to two or three million, and then what? Moreover, how many people don't even have a principal of five hundred thousand, and to take a step back. Even if there is, can you afford to wait? How many 5-7 years do you have in your lifetime? Therefore, retail investors are not worthy of talking about the winning rate, they should only have odds in their eyes, and things with high odds must have a low winning rate, and if you want to turn over, you must trade frequently, just like playing Texas, the back hand of short-code players cannot support them to adopt a balanced strategy like many deep-chip players, and if you want to turn over, you must broaden your scope to win a glimmer of life. There are only two paths here: Either suffer from chronic death due to continuous exploitation, or increase the entry rate to gamble, but the price is having to bear high costs. These require you to have solid translation skills to make up for. Frequent trading by retail investors is not something to be ashamed of. Up there, it's all about being emotional and having skills.
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BitcoinLeaderV
· 1h ago
Hello everyone, the market has undergone two days of consolidation and fluctuation. The historical bottom for alts has already formed. At this moment, with the Position in hand, go all in and hold tight. Currently, it looks like this pump for alts will yield around 3-10 times profit in Spot. Going long on contracts will yield 50-200 times profit. Seize this great opportunity; if missed, you'll have to wait another 4 years for the next bull run. This is a once-in-a-lifetime bottom opportunity.
Why do many people like to trade frequently?
It is essentially because of being poor, fantasizing about seizing every trading opportunity. This is not your own decision, but a habit cultivated by the market. Ten million at 30 years old and ten million at 60 years old are not the same. The picture painted by value investing suggests that you rely on compound interest to earn ten million after two or three decades. But the problem is, you are already 60 years old; what do you need ten million for?
At that time, everyone couldn't get hard anymore. Everyone came to this market with the original intention of making quick money. How many people came to this market at the beginning without dreaming of changing their fate?
For retail investors, value investing is too slow, so slow that if they really engage in long-term trading with their tens of thousands or hundreds of thousands of principal, even if the return rate is as stable as Buffett's annualized 10-15%, it will take 5-7 years to double. After twenty years, your five hundred thousand might grow to two or three million, and then what?
Moreover, how many people don't even have a principal of five hundred thousand, and to take a step back.
Even if there is, can you afford to wait? How many 5-7 years do you have in your lifetime?
Therefore, retail investors are not worthy of talking about the winning rate, they should only have odds in their eyes, and things with high odds must have a low winning rate, and if you want to turn over, you must trade frequently, just like playing Texas, the back hand of short-code players cannot support them to adopt a balanced strategy like many deep-chip players, and if you want to turn over, you must broaden your scope to win a glimmer of life.
There are only two paths here:
Either suffer from chronic death due to continuous exploitation, or increase the entry rate to gamble, but the price is having to bear high costs.
These require you to have solid translation skills to make up for.
Frequent trading by retail investors is not something to be ashamed of.
Up there, it's all about being emotional and having skills.