A leisurely life that begins with the possession of a game character

"By the way, have you bought the stock I told you about last time?" Zhang Hu suddenly asked.

"Which stock?" Zhang Lan was a little unresponsive for a moment.

"It's the stock in shipping business that I told you about last time," Zhang Hu reminded.

"Oh, what happened to that stock?"

Zhang Lan asked this casually, and Zhang Hu's spirit suddenly became excited. It can be seen that he has been paying attention to it for a long time.

"Let me tell you, that stock is incredible. From last year to now, the stock price has increased almost tenfold from the lowest point to the highest point. If I had bought it last year, I would have invested hundreds of thousands of dollars and never gotten out. I might have become a multi-millionaire now."

Seeing Zhang Hu dancing with joy, Zhang Lan quickly advised him, "Focus on driving, concentrate on driving."

"Ten-fold stocks..." Zhang Lan pondered for a moment, and looking at Zhang Hu who looked excited, he couldn't help but ask, "You're not still in there now, are you?"

"Yes, I've heard that the stock will pay dividends after a while, and I plan to invest more with the dividends." Zhang Hu answered as a matter of course.

"How much money did you invest?" Zhang Lan asked, pinching his brows.

"It's not much, just some spare money I had. I'm regretting it now. I should have invested it earlier. I discovered it last year, but didn't care at that time. I only started investing this year," Zhang Hu explained.

"It looks like we made a profit." Zhang Lan said with a smile.

"A little profit, a little profit." Zhang Hu said happily.

Zhang Lan shook his head slightly. How should I put it? Most of the time, the money earned by others will be lost back in the same way.

People like Zhang Hu who have not experienced the ups and downs of the market may be lucky enough to make money in the stock market at the beginning, but in the end, most of them end up losing all their money.

According to common sense, if a stock has increased tenfold in market value in a short period of time, no matter how promising it is, it is time to sell it.

Even if it is a high-quality stock, a ten-fold stock, if a novice rushes in to buy it, isn't he contributing money to the banker?

In the stock market, don't dream of making every last penny.

Don’t earn the first penny, because you can easily become a martyr; don’t earn the last penny, because you can easily become a dead soul.

Wanting to earn the first penny means always thinking about buying at the bottom against the trend, constantly trying, and constantly failing. Even if it is really the bottom, the bottom will oscillate up and down, and repeatedly polished, which can easily sweep your stop loss. Even if you guess right, it is difficult to make money.

Not earning the last penny means not being greedy, making sure money, and not pursuing the maximization of benefits. When the exit signal appears, you must withdraw. If you always want to earn the last penny, you will become paranoid, ignore the signal, and think about making big money, and don't leave when you should. In the end, the market will instantly switch from long to short, pouring down, making you panic and unable to choose a way out, even if you want to leave. Don't let greed blind your eyes, be down-to-earth, recognize the reality, and see the trend clearly.

Just like eating fish, discard the head and tail and only eat the body.

The learning process of stock trading goes from simple to complex, and then from complex to simple. Most people only achieve technical simplicity.

How to make it simple technically? Find your own trading system that can generate stable profits. After testing and actual combat, some people call it a system, some people call it a rule. In short, it is your own trading system. Then convince yourself to believe in it and rely on it.

Successful traders always have two eyes, one looking at the market and the other always looking at themselves.

At any time, the biggest enemy is yourself. Correcting yourself is always more important than observing the market.

Work hard on controlling yourself! The importance of psychological control and behavioral control cannot be overemphasized. As long as you can pass this level, you are halfway to success. If you can't do this, it doesn't matter how well you do in other parts.

To be successful, you must first be able to control your own behavior. If you can't do this, no one can help you. It is impossible to take this last half step.

Only after having gone through many challenges can one learn how to overcome them and achieve success. These people are happy most of the time and they are usually satisfied with their lives.

They make the most ideal investors because they don't need to prove their abilities to others; they know they are successful, are sure of themselves and have high confidence in their abilities.

When facing losses and stop losses, everyone will have fluctuations and emotions. You must learn to adjust your mentality, make losing money a happy thing, lose money happily, and place orders confidently.

A mature and stable profitable person has an open mind, a calm attitude, and is humble towards people and things.

Some people say that people who invest in stocks have gone through more reincarnations than most people, because they have walked the path they should walk and experienced the test of death and rebirth. Therefore, their mentality becomes better and their mind becomes broader.

The taste of trading is bitter, and the bitterness is that all reasonable rules must be anti-human. When people are used to sticking to their own psychological comfort zone, it depends on who is willing to go out of their comfort zone in the wind and rain. Whoever walks out will be qualified to compete for the limited number of trading profit-makers, and will naturally receive the market's reward and become one of the few strong ones. Whether trading can be profitable depends on your defense when facing market risks.
Many traders like to compare trading to war. Indeed, from the perspectives of trading capital management and the deployment of troops in war, there is some truth to this.

However, the difference between the two is also very obvious. War is a battle between two armies. What matters is taking the initiative to win. Victory always belongs to the sharpest attacker. However, trading is about winning from defeat. If traders want to win, they must enforce and defend their own rules and disciplines.

There are no face-to-face enemies, only the market that takes care of itself and the market that is unaware of your existence. Yes, the market will not change in the slightest because of your existence, and there is no enemy chasing you behind you. Except yourself, no one will care about your opinions and emotions. Whether you can make a profit depends on your defense when facing market risks.

For traders, the market should neither be compared to an enemy nor to a friend. Being able to endure a boring trading system is the key to profitability. If you want to make money, don't imagine the thrill and excitement of charging into battle. Talking about emotions in the trading market is like talking about feelings and music to a cow.

The greatest charm of trading is that it satisfies people's pursuit of freedom, freedom of time, freedom of ideas, freedom to come and go, and even financial freedom.
However, this kind of freedom also comes with a price. Price fluctuations give traders the opportunity to achieve freedom, provided that they can understand the language of the market. The pursuit of freedom does not mean being free from constraints. Metaphysical freedom tests the trader's psychological self-control.

Making money and being able to make money are two different concepts. Ambition may make you able to make money, but making money ultimately depends on strategy and discipline. (End of this chapter)