Opportunities are always reserved for those who are prepared, which is believed to be true in any industry.The core of value investment is to buy undervalued sustainable assets, time is your friend and impulse is your enemy = stable investor.Opportunities are always reserved for those who are prepared, which is believed to be true in any industry.
In investment, just like in life, it is often necessary to make decisions in uncertainty; Timing is not as easy as it seems. You must observe, think and infer. If everyone makes money in the stock market, who is losing money? = Aggressive investorI wonder how many investors can really listen to these suggestions?If you are a "steady investor", it is suggested that you don't rush to act first, and then make moves after seeing the situation clearly to ensure the margin of safety.
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.Every investor should understand the reason why "the transaction does not match the plan", but in the securities market, understanding is not the same as profit.I wonder how many investors can really listen to these suggestions?