Overcoming Personal Weaknesses
1. Control Greed: Regularly converting a portion of profits into physical assets (such as gold) or withdrawing funds can effectively control greedy emotions. At the same time, adopting a gradual selling strategy can also reduce the regret of missing out on significant gains.
2. Coping with Fear: Employing a staggered buying strategy can effectively alleviate fear. For example, dividing funds into four parts (5%, 15%, 30%, 50%), and gradually making tentative purchases can control risks while not missing potential opportunities.
3. Overcoming Hesitation: Establishing a personal decision-making system is key to overcoming hesitation. This includes:
Step One: Understand Your Personality: Determine your trading style based on your personality—short-term, long-term, or swing trading.
Step Two: Establish a Framework: Identify the framework and summarize the market characteristics that suit you, such as bull markets or bear markets.
Step Three: Seek Methods: Within the established framework, find methods.