【Why Can't Newbies Control Themselves? The Truth Hurts】
Ultimately, it's because of being poor.
Seeing the K-line jump makes one itch to act.
This problem isn’t entirely our fault,
it's all pushed out by the market!
Making ten million at thirty and making ten million at sixty,
can they be the same thing?
The pie drawn by value investing,
relying on compound interest to save up ten million by old age.
The problem is,
when you really get to sixty,
you don't even know what to do with the money.
If your back can't even straighten up, what’s the point of struggling?
Who comes to the stock market not wanting to get rich?
When first entering the market,
who hasn’t daydreamed about a turnaround to change their fate?
But the reality is,
the retail investors’ little principal,
thirty or fifty thousand,
learning from Buffett to achieve 10% annualized return?
It takes five years to double,
twenty years for five hundred thousand to become three million.
What good is that?
Not to mention,
99% of people can't even gather five hundred thousand.
Even if they do,
how many five years can one wait in life?
So don't talk about winning rates with retail investors,
they only see odds.
High odds mean low winning rates.
To turn things around, you have to trade frequently.
It's like playing Texas Hold'em,
a short stack player can’t compare to a deep stack player for stability.
You either get bled out slowly,
or increase your entry rate to take a gamble.
But the cost comes with high tuition fees.
At this point, solid skills are a lifesaver.
Frequent trading isn't embarrassing,
it's the rookies who should be ashamed!
