Think clearly about why you are entering the market: to make money
Many people enter the market, and when asked about their purpose, they all say to make money. But looking at their actions, they are clearly going in the opposite direction of making money.
As soon as they see market fluctuations, they can't resist the temptation and rush to take action, which is clearly seeking excitement. With a single-minded desire to make quick money, they ignore risks and choose to trade heavily. Unable to endure the boredom of waiting, they frequently buy and sell in the market every day; isn't this a manifestation of seeking excitement? Once they incur losses, they hold onto their positions, secretly praying for the market to give them another chance, vowing not to hold onto positions next time, but this is just a fantasy. Even if the market truly gives an opportunity, they will still hold onto their positions next time. In this way, it's hard to say they clearly know they are here to make money; perhaps they are just addicted to the emotional ups and downs brought by market fluctuations, finding the excitement amusing.
So, you need to ask yourself, what is your goal? Why do your actions contradict your purpose, have you really thought it through?
As retail investors, our goal should be: to achieve long-term, stable wealth accumulation. "Long-term, stable" means not being impatient, patiently waiting for opportunities, avoiding heavy risk, not frequently meddling in trades, and certainly not holding onto positions stubbornly.
