7 Stages of Investment/Trading Growth
1. Rookie Stage: Can capture floating profits after buying, but does not sell and eventually gets trapped. Experience the charm of "value investing."
2. Initial Technical Stage: Buys and makes a small profit, sells quickly, repeatedly operates, and ultimately misses the big market trends.
3. In-Depth Research: Bottom-fishing and peak-selling. The more you fish for the bottom, the lower it goes, still getting trapped, experiencing the charm of "technical trading."
4. Research Ends: Only understands technicals, not capital management, goes all in and ends up with nothing. (Most people leave the market at this point)
5. Conservative Stage: Begins to learn risk control and summarizes the expected patterns of market capital.
6. Defeatist Mindset: Humble attitude, respects the market, deeply realizes that what one can take away is only a very small part.
7. Return to Rookie: Experienced rookies understand chasing highs and cutting losses, but know when to stay appropriately out of the market and leave when necessary.