“Once upon a time there was a fisherman who had five children. The family of seven depended on the fisherman for a living. However, as many fishermen fished in large quantities, the fish became less and less. And the fisherman had more children, and the rations needed Life is unsustainable. So the wife came to the temple in the seaside town to pray, hoping that the gods would bless them to catch more fish. If they could catch more fish, they would come here to worship every day. The gods felt that they were very pitiful, and they were very sincere. , so at night, in a dream, he told the fisherman’s wife, from their location by the sea, go 20 miles to the middle of the sea, and then 10 miles to the right, there is a Wuwei Island, you can tell your husband to go fishing there, and you can return with a full load. So the next day Early in the morning, the wife told her husband about the incident, and the fisherman went fishing near Wuwei Island with a try mentality. The fisherman really returned with a full load that day. The boat was full of fish. After selling it, he not only bought enough rations, but also saved a lot of silver. The fisherman tasted the sweetness, so he went to Wuwei Island to fish every day, and even changed to a bigger fishing boat, hoping to hold more fish The wife went to the temple to worship and pray every day. The fisherman and his wife became rich and saved a lot of silver. One day the wife dreamed about the gods again, but this time the gods told the fisherman’s wife that there would be a big storm near Wuwei Island. , don’t go fishing on Wuwei Island for the time being, wait a while before going, and let the fish there recuperate. The wife told the fisherman about the matter the next morning, and the fisherman hesitated, thinking that the advice of the gods might be right. Yes, but the storm should not come so soon. Now the wind is calm and the sea is bright and sunny. I will go fishing again before the storm. So the fisherman still did not resist the temptation of the profit and decided to go fishing again before the storm came. When the fisherman When I came to Wuwei Island and was happy for the full fish I just caught, the storm came suddenly, so the fisherman never had a chance to return to his home. This story tells us that greed should be stopped in moderation, and a person must learn to give up some opportunities , It’s better to come back tomorrow!”
Sometimes we need to learn to give up some opportunities. No one in investment will make a profit every time. We just look at the right time and make a bet when the profit greatly exceeds the risk.
2. The way of giving up, some opportunities you should give up
“The way to give up is to give up to gain.” When we know how to give up some opportunities, then you may get more and better opportunities. If you want to seize every opportunity without conducting risk-benefit and feasibility assessment, then it is very likely that the good ending will be like a monkey pretending to be corn, and you will get nothing after working hard for half a day, and the bad ending will be that you will encounter greater risks Kicked out of the market directly. It is a kind of wisdom in life to assess the situation and maximize strengths and avoid weaknesses when investing in stocks.YSHX
We need to know clearly what kind of opportunities we should strive to seize, and what kind of opportunities we should learn to give up. So under what circumstances should we give up some opportunities?
1. When the market rises sharply. With the rise of the market, the valuation of individual stocks has also increased significantly, and there are many profit-making orders. At this time, some investors’ stock prices are prone to dive when there is a slight disturbance in the market. As a qualified investor, don’t think about seizing every opportunity at this time, wishing to seize every rising stock, this is a wrong approach. We should remain calm and rational, constantly remind ourselves of the risks that exist in the market, carefully evaluate the hidden risks under opportunities, try to give up some opportunities with greater risks, and wait patiently for opportunities with greater certainty and less risk. And be prepared to deal with it while you wait.
2. When we make mistakes in continuous operations. When we make several consecutive mistakes in the operation and lose money, we should stop chasing other ups and downs in the market at this time. Instead, we should stop and rest for a while, calmly think about the reasons for our continuous losses, and find out the reasons for our losses. After understanding the reasons, adjust your previous thinking and strategies in a timely manner according to the changes in yourself and the market.
3. When we cannot find a suitable investment target for the time being. When we can’t find a suitable investment target for the time being, we must not choose a stock to buy at will, regardless of investment safety, because we are afraid of being short-lived for a while. If we are too impatient, always afraid of missing every opportunity, and buy a stock that does not conform to our investment logic, it is equivalent to planting an invisible bomb for ourselves, which may explode at any time, resulting in I have suffered a heavy loss. In investing, we should always tread on thin ice with trepidation, and don’t lose big because of greed for small things. When we can’t find a suitable target, we would rather miss some opportunities, and wait patiently for a definite target opportunity to appear.yunshfx
4. When we cannot see the long-short situation clearly. When the market has a very large divergence between long and short in a certain period of time, stock prices jump up and down, and the situation of long-short competition in the general trend is unclear, do not stand in line in advance, but wait until the situation of long-short competition is clear before making a decisive move. Because when long and short are in fierce competition, the stock price will fluctuate greatly. It is easy for us to participate in the wrong team when the situation is clear, resulting in a large loss. If the favorable party follows the trend, it will surely go smoothly!
3. Do nothing, wait patiently for the right opportunity
The so-called inaction does not mean doing nothing and doing nothing. Instead, patiently wait for the right time and place, and make preparations while waiting for the opportunity, study hard to improve yourself, and only when the opportunity with great certainty appears can you be prepared to seize the opportunity quickly and accurately.
Investment guru Gerald M. Loeb (Gerald M. Loeb) said: “Only by waiting for the opportunity can you safely obtain profits. Desire and urgency cannot make money. You must have the strong will and ability to hold on to the funds and not invest, Waiting for real opportunities to come is the key to success in the life-and-death battle of investing.”Yun Shang Hui Xin
But someone said: investment is divided into three levels, the first level is to wait for opportunities, the second level is to seize opportunities, and the highest level is to create opportunities. This is indeed the case, but, for ordinary investors, do you have the ability to create opportunities? I think 99.9% of people do not have this ability. The correct way for most people is to wait patiently for opportunities and prepare to seize opportunities while waiting.Yun Shang Hui Xin Limited
There is nothing to do in the avenue, and there is something to do! When the opportunities in the market are uncertain, we should patiently wait for a clear opportunity with high probability to appear, and then go to the corner, pick it up and put it in our pocket according to the trend. Impatient mentality is the enemy of every investor, and it is easy to get lost in the vast investment world. Rushing for success is often counterproductive. Be a rational, calm and rational investor, and calmly face every difficulty and every opportunity!
Learning to give up parts in a timely and appropriate manner is not only the wisdom of investment, but also the great wisdom of life!
