Looking back at today's market performance, why are some people still unable to lighten their positions in time? Why are there differences between the trading plan and the actual behavior? From a professional point of view, this involves a concept, that is, "psychological account", also known as "expected income".The core of value investment is to buy undervalued sustainable assets, time is your friend and impulse is your enemy = stable investor.Tonight, I also want to say two words to two types of investors (steady and radical):
Are you ready for tomorrow's transaction? How to arrange your position? Is there a high throw plan when the market rises? Is there a plan to cover the position when the market falls?The core of value investment is to buy undervalued sustainable assets, time is your friend and impulse is your enemy = stable investor.An excellent trader will make full preparations before the market opens to deal with various possible market conditions. Instead of trading aimlessly, they will make trading strategies according to risk parameters. They are well prepared because they have made a trading plan and everything is under control. They make action plans every day, so no matter how the market changes, they know how to deal with it.
Today, there is indeed a high opening, but the range of high opening is not as significant as that on October 8. Assuming that today's market is close to the daily limit, then more investors will choose to flee, and their actions will be more decisive. However, many stocks only opened 3%-5% higher, which failed to meet the psychological expectations of some investors, so they chose to continue to wait and see.Are you ready for tomorrow's transaction? How to arrange your position? Is there a high throw plan when the market rises? Is there a plan to cover the position when the market falls?
Strategy guide 12-13
Strategy guide
Strategy guide 12-13