Fuzzy correctness is more important than precise errors.
If you stare at the market every day or follow market analysis on Weibo, you focus too much on the minutiae of the market. Analyzing the market might be fine for an analyst, but it is of no use for trading. You're here to make money; you're not a big influencer, so why learn market analysis?
Fuzzy correctness is more important than precise errors.
Fuzzy correctness means that there is an upward trend now, and it will continue to rise. This is called fuzzy correctness; it is what is happening right now, and it is ambiguous. On the other hand, precise errors involve pinpointing where the peak and trough are in a small cycle, which is meaningless.
The most important thing in trading is to cut losses when wrong and hold on when right, rather than making judgments. Many people spend their entire lives learning various theories, techniques, and indicators for what? To judge the market and predict its movements. This is just like predicting the next lottery numbers; it's completely the wrong path. The market is unpredictable.
Unlike working a job, where going down the wrong path might lead to a poor future, trading down the wrong path can result in losing money.
Focusing on these minutiae is not only of no use for trading but also shows a narrow perspective.
