Like predicting tomorrow's rise and fall
Instinctive reaction: Looking at candlestick charts before bed, predicting whether tomorrow will rise or fall, refreshing news before the market opens to analyze whether the main force will push up; during trading, staring at the minute charts, every fluctuation makes one anxious.
Counterintuitive truth: Short-term market movements are a random walk; predicting them is no different from predicting the lottery.
Even if you use the most complex technical indicators and look at the most authoritative research reports, you still can't accurately guess tomorrow's rise and fall. Sudden policies, speculative capital dumping, or even a piece of false information can turn your predictions into a joke.
The retail investor's obsession with prediction is essentially a manifestation of control: when faced with the unknown, there is always a desire to grasp something. However, the short-term fluctuations of the stock market are precisely the disaster zone of the uncontrollable.
The truth: Instead of guessing tomorrow's rise and fall, it's more important to think clearly about how to handle a drop and how to take advantage of a rise; this is 100 times more important than prediction.