This is part 2 of the blog you can read part 1 why average traders are doomed here:
https://tigr.link/qGURu
In addition, there is no need to think of "cognition" too important, because this market does not rely on "knowledge" to make money at all. Even if you learn to get rich, if your personality is not suitable, you will never be able to "unify knowledge and action".
Masters in this market generally do not rely on books or financial reports to "reassurance", because stock prices have already reflected these things and cannot form a "cognitive poor advantage". If you understand this, you will understand that the better the performance is, the more dangerous it is, especially in a rising market, because "generability has long been overflowed into the stock price" (think about the white horse market at the beginning of 2021), if you see the performance rush, you happen to learn some PEG concepts, at this time In the past, "unconsciously enter the trap".
The ability in the stock market must be outside the stock market. Reading financial books, after reaching a certain stage, you often do not improve your ability. You need deeper insight, and there is a possibility of greater improvement from history and philosophy. Similarly, why do those snowball vs write things to make you understand? Is he a live Lei Feng? Why do those research institutions get some research reports to publish for free? Is he free? In fact, all "information sources" are unreliable. Investors need to carefully screen "ideological ingredients". Independent thinking is not finished, but needs to be practiced.
If there is a person around you who didn't know that he was doing stocks at first, but later you accidentally learned that he chatted with you. As a result, what he said was outside the stock market, then he was often a master. Those who open their mouth and close their mouths "ROE, Top Deviation, MACD, Buffett Munger, Value Investment", you can listen to it. Because these people will lose money sooner or later, this stage can only show that he has not completed his evolution.
No matter how China's economy recovers in 2023, A-shares will also be lost by most people. This is a fate, so we should be a minority.
Generally speaking, if you spend enough time in this market, you will find that it is actually 2 types of people who usually make money: either lucky or paranoid.
Luck is a little metaphysical, but whether you believe it or not, there are lucky people in this market, but if you know enough about their lives, you will find that they also have regrets in other aspects, so don't envy anyone easily, even if you look at good luck on the surface. Good luck also needs to be slowly "gred", and the blessing needs to be slowly accumulated, and pay attention to "grasp the big and let go of the small".
And if you live a little bigger, you will understand that everyone's luck is basically "conserved", so there is no need to be sad to lose money, and there is no need to show it when you make money. There is more compassion and a little more indifference.
In fact, there are 2 kinds of people with paranoia. One is "poly busy every day". I can't wait to stare at the plate for a few hours a day. My eyes are staring at the k line, and my mood drifts with the k line. Then when I go home, I have to study financial reports and so on. It seems that every plate has been studied. This week's liquor consumption, the next Zhou Military Aerospace, looking at everything, knows everything, this is "effortless paranoia". You think he is very diligent, right? In fact, this reveals a kind of "uneasy greed". The reason why he works so hard is that he wants to "pay more and reward more". This is a linear thinking of workers, so in fact, this kind of person is generally not suitable for old age. Boss, it is also difficult to understand the true meaning of investment.
In fact, how can masters care so much about the disk? Most of them are "Rakuten paranoia", and the core of this paranoia is "not afraid of loneliness and always optimistic". Basically, it is almost done before buying, and then buy it resolutely at the time of execution. Even if the waist chop is still "light", so this paranoia will form an overwhelming advantage in mentality in actual combat. If the investment cannot resist floating losses, it will always be able to understand its meaning. Therefore, many times it is not extremely Thai. The existence of paranoia is not the "tight" that ordinary people imagines, but precisely the kind of unexpected "loose". If you don't understand this in business, you can't do much at all.
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