Why do many people always like to trade frequently?

Essentially, it's because they are poor

They fantasize about seizing every trading opportunity

This is not your decision

But rather a habit cultivated by the market

Ten million at 30 years old and ten million at 60 years old are not the same

The picture painted by value investing

You rely on compound interest to earn ten million in twenty or thirty years

But the problem is

You are already 60 years old

What do you need ten million for

By that time, you won't be able to get it up anymore

Everyone has come to this market

Everyone's original intention is to make quick money

How many people came to this market not dreaming of changing their fate?

For retail investors

Value investing is too slow

So slow that if their few tens of thousands or hundreds of thousands of capital really went for long-term trading

Even if the return rate is as stable as Buffett's annualized 10-15%

It would take 5-7 years to double

Twenty years later, your five hundred thousand would grow to two or three million

And then what?

Moreover, how many people don't even have five hundred thousand in capital

To take a step back

Even if they do

Can you afford to wait?

How many 5-7 year periods do you have in your lifetime?

Therefore, retail investors are not qualified to talk about win rates

They should only focus on odds

And high-odds things must be low win rates

To turn things around, frequent trading is inevitable

It's like playing Texas Hold'em

Short-stack players cannot support themselves to adopt a balanced strategy like many deep-stacked players

To turn things around, you must broaden your range to seek a glimmer of hope

There are only two paths here

Either be continuously exploited to death slowly

Or increase your pool entry rate to gamble

But the cost is that you must bear high losses

These require you to have solid post-flip skills to compensate

Frequent trading by retail investors is not something to be ashamed of

Being bad is the real problem