[Don't sell strong coins to buy weak coins]
1. Many people think that they should sell the profitable ones to buy the losing ones to make up for or lower the cost. Don't do that. You will be killed. This operation is likely to be the beginning of losing money or directly miss a bull market. The weak ones are really powerless, and the strong ones will rise all of a sudden when they encounter opportunities.
Most of the copycats can't go back. Copycats are short-term stage consensus. After one or two waves of hype, they become old loves, and the next round is all new loves. As for the mainstream, the problem is not too big.
It's like a family: there is a strong brother and a weak brother. Parents always hope that the strong one will lead the weak one, but who knows that the weak one can't help up at all, and the parents blame the strong one for not caring and ignoring the deep brotherly love.
Parents expect balance, but the market always recognizes the strong. Then parents spend the most time and effort on the weak, and finally worry the most, but end up being the most sad (the sunk cost is too high, it is difficult to let go). Therefore, as a trader, you should stop loss when it is time to stop loss. Don't let the sunk cost drag you into the bottomless abyss before you wake up, and then you will regret it. Only by staying at the table long enough and preserving your fighting power can you make a comeback.
The market follows the survival of the fittest; the family follows the doctrine of the mean
The result of putting the family's governance plan in the market competition is that you don't know how you die (or the worst result is that the whole army is directly destroyed)
Investors must be clear about what battlefield they are in, and then take corresponding plans to survive in the fierce market.
2. Do you know why people are not strong enough? It's because they are not weak enough, they are not forced into a desperate situation, they are not painful enough, and they can't be enlightened and complete self-awakening.
So thank the suffering and thank the mistakes, these can make people complete self-awakening. These are the most precious wealth.
So don't be too pessimistic. Take this opportunity to review your operating system, decision-making model, risk management, etc. to see if there are serious bugs.
Learn from mistakes + reflect = progress. In the process, iterate and optimize your decision-making principles, risk control capabilities, position management capabilities, etc., continue to get feedback from the market, optimize and iterate again, and repeat this cycle. I believe that everyone's investment ability will definitely get better and better.
❤️Every like is an affirmation. Let love and money flow to you.
