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Night Reading | What is the secret of successful trading?
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href=\"https://ttm.financial/S/BS6.SI\">$扬子江船业(BS6.SI)$</a>","listText":"<a href=\"https://ttm.financial/S/BS6.SI\">$扬子江船业(BS6.SI)$</a>","text":"$扬子江船业(BS6.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938590245","isVote":1,"tweetType":1,"viewCount":2030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9067231806,"gmtCreate":1652479389405,"gmtModify":1676535106298,"author":{"id":"4089632540664290","authorId":"4089632540664290","name":"金莺","avatar":"https://community-static.tradeup.com/news/04a7057c9010d2743d8c4157e8a4abd5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089632540664290","authorIdStr":"4089632540664290"},"themes":[],"htmlText":"Good ","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9067231806","repostId":"1103729402","repostType":4,"repost":{"id":"1103729402","kind":"news","pubTimestamp":1652447120,"share":"https://ttm.financial/m/news/1103729402?lang=en_US&edition=fundamental","pubTime":"2022-05-13 21:05","market":"hk","language":"zh","title":"Night Reading | What is the secret of successful trading?","url":"https://stock-news.laohu8.com/highlight/detail?id=1103729402","media":"红与绿","summary":"几乎所有成功的投资者都是孤独者，因为他们常要做和大众不同的事！弗莫尔曾指出：一位成功的炒手必须如一位成功的商人，正确地预见未来的需求，适时进货，耐心地等待盈利的时刻。要有成为投资专家的欲望无论做什么,","content":"<p><html><head></head><body>Almost all successful investors are loners, because they often have to do things different from the public! Fermor once pointed out: A successful speculator must be like a successful businessman, correctly foresee future demand, purchase goods at the right time, and patiently wait for the moment of profit.<b>Have the desire to become an investment expert</b></p><p>No matter what you do, you can't succeed without desire. Without desire, you will back down when you encounter some small difficulties. Shareholders may say, \"I have a strong desire, and I really want to make a fortune in the stock market.\" Is this really the case?</p><p>There are more than 30 million stockholders in the United States. Wall Street once conducted a survey of ordinary stockholders, and the results were amazing: 80% of stockholders did not enter the market for the main purpose of making money! Stock trading is a money game, a game played by gentlemen. The main purpose of investors entering the market is to participate in this game. All your rich friends are trading stocks, and you must be one of them, so that you can also become a member of \"successful people\" in everyone's chat.</p><p>Everyone is more or less gambling, and the stock market provides a place to satisfy gambling, and it provides relief for your daily boring life. Ask yourself, did you enter the stock market for these reasons?</p><p>Another question: How many shopping malls did you go to to compare prices in order to buy the TV set worth 2,000 yuan at home? How much material did you find? How many people have been asked? How much research was done? Yesterday, you spent 20,000 yuan to buy that stock. How much research did you do and how much information did you find? What percentage of the effort do you put into buying stocks as much as you buy TV sets? It must be noted that:<b>Desire must be based on effort, otherwise it is just a daydream. Daydream is not a desire but a dream.</b></p><p><b>Perseverance must be possessed</b></p><p>Perseverance is an easy word to say, but hard to do. I remember the famous saying of former US President Coolidge: \"The world is full of smart and frustrated people, people who are well-educated but lament that their talents are not appreciated all the time... They have one thing in common, they lack the spirit of perseverance.\" What is the spirit of perseverance? It is the perseverance to endure when you can't bear it! If anyone thinks he can make a hit in the stock market and soar into the sky, he must be daydreaming. Even if he was lucky and made a fortune as soon as he entered the market, this money came easily, but it was only temporarily loaned to him by the stock market. If he didn't land immediately, the stock market would ask him for it back sooner or later.<b>If you want to keep making money from the stock market, you must have knowledge, experience, and you must be an expert.</b></p><p>In my many years of stock trading, I have experienced many sleepless nights. My highest record is losing $50,000 a day. $50,000 is a small amount for a rich person, but at that time it was half of my total assets, equivalent to my wife's salary for two years at that time, and a lot of it was my hard-earned money from serving dishes and washing dishes in restaurants! I can still feel the pain and numbness I felt at that time today, and I can't even eat for the next two weeks. The most painful thing is not the amount of money lost. It is not terrible to lose money. The terrible thing is that I don't know if I have the ability to earn it back! I keep asking myself: Is this the right industry for me?</p><p>I know that you can graduate from college after four years, and there are times when apprentices become apprentices in other industries, but what is the graduation period of stock universities? Working ten hours a day like this, not only is there no pay today, but I wonder if I will be paid in the future. How long will it take? Is it possible for me to graduate? I am a child of a poor family. I live a life of earning and eating now, and my hands and mouths are stopping. My savings for many years are decreasing day by day. Is there a day that I can survive this day? The thought of giving up goes on every day. Even if you go to a restaurant as a waiter, you can always earn dozens of dollars a day. Readers can imagine my desperation at the time. Of course, if I really gave up at that time, readers wouldn't have seen this book.</p><p>Five years later, looking back, I sometimes feel proud of my resilience. I want readers to share a quote from Napoleon Hill in his immortal book Think and Grow Rich:<b>\"When the wealth comes, it will come so quickly, so quickly, that one wonders where all the wealth has gone in those difficult years?</b>My life experience proves that this sentence is true. This sentence is similar to Meng Fuzi's famous saying, \"Heaven will give great responsibilities to Sri Lanka people, so they must first suffer their minds, starve their bodies and skin, and work their muscles and bones …\".</p><p>Success comes too easily, and it usually doesn't last. There are so many places in the world where hot heads can wrestle, and you'll never guess where. Because if success comes too easily, people often don't know blessings, don't cherish blessings, and forget who they are! It's always darkest before dawn, and you can survive this time before you can see the light. Remember: The secret of success is nothing more than \"endure when you can't bear it\".</p><p><b>Have the style of \"fighting with the market and having endless fun\"</b></p><p>All successful investors have a great interest in the market and its operation. They like the challenges it provides and have a strong desire to beat it.</p><p>It is not money, it is not fame, it is not getting rich quick that attracts them to struggle in this market. Money is just a prize after they play the stock game successfully. For ordinary people, their purpose of entering the market is to make money, and this expectation makes their probability of success in this business very low. Because this expectation makes it difficult for them to maintain calm observation, they have no patience to wait for the inevitable result. As the old Chinese saying goes, \"Lard blinds the heart\". Livermore once pointed out:<b>A successful speculator must be like a successful businessman, correctly foresee the future demand, purchase goods at the right time, and patiently wait for the moment of profit.</b></p><p><b>Be willing to be lonely</b></p><p>Almost all successful investors are loners. They have to be loners! Because they often have to do things different from the public.</p><p><b>Whether they buy low and sell high or buy high and sell higher, they must maintain independent thinking. It is extremely dangerous to do the opposite of the public in order to be different. They must have a reasonable explanation why the public may be wrong, and at the same time foresee the consequences of adopting opposite thinking. It gives them the confidence they need to be different.</b></p><p>From our childhood, we have known the importance of conformity. Random thoughts, strange ideas, make you lose friends and be ridiculed. We have long been accustomed to \"collective thinking\". But stock trading requires a different way of thinking. If most people in the stock market are optimistic about a certain stock, and they have all entered the market according to their own abilities, who else will buy stocks to make the stock market continue to rise higher? On the contrary, if most investors are not optimistic about the stock market, they have already sold out of the market, then the range for the stock market to continue to fall is not large. If you follow the crowd, you will often enter the market at high points and exit the market at low points, and you will become a loser.</p><p>Of course, it is difficult to measure why most investors are optimistic about the market or why most investors are not optimistic about the market. You can get the answer mainly by studying the \"stock trend\". The emphasis here is on the way of thinking. The likable personalities you learned from an early age, such as being obedient, gregarious, unconventional, etc., have become obstacles to success in stock trading.</p><p><b>Must have patience and self-control</b></p><p>Patience and self-control are both things that sound simple but are difficult to do. Stock trading is an extremely boring job. Readers will laugh at my statement and say, \"I have speculated in stocks, and I find it extremely exciting and fun.\" This is because you regard stock trading as a pastime, not as a serious job. I'm a lover of Go, and I think Go is very fun. But ask those who play chess for a living, and they will surely tell you how boring and monotonous it is to play chess all day. The truth is the same. Collect information every day, judge the market, and make a stock trading plan by referring it to your own experience. It may be exciting and interesting to do it occasionally, but repeating the same work over the years is \"hard work\". If you don't take \"hard work\" as a habit, you have little chance of success in this business.</p><p>Recognize uncertainty. In other words, no matter how smart you are, no matter how rich your knowledge is, the market still cannot predict 100% accurately.</p><p>Some people took three years to understand this, some took ten years, and some didn't understand it all their lives. But only after understanding this,<b>I just began to pay more and more attention to the profit-loss ratio, no longer pay attention to the winning rate, no longer think about whether it will rise or fall tomorrow, no longer worry about gains and losses, I just cherish the position of opening positions more, and gradually learn to sit still and do it. It's getting easier and easier. Because I know that it doesn't matter how the market goes. Although the process is twists and turns, the final result is profitable!</b></p><p>Here's a quote from Zhang Sanqian. He is much better than what I said:</p><p><b>Only after realizing the uncertainty of the trend and giving up the pursuit of certainty can we go to the next step.</b></p><p>And this step is the most difficult and time-consuming step. Some people have spent their entire career, some people have not seen through it after more than 20 years, and some people, relying solely on their own understanding and insight, have gone from the fundamentals, technical aspects, mixed aspects, XXX aspects, etc. After a trip, it rushed out covered in blood, and it also took 3-5 years. Of course, some people, because of their good environment, are surrounded by mature experts who scoff at certainty, and their own understanding is not bad, so they can understand this in a shorter period of time.</p><p><b>Fate is sometimes a bit fatal, but I still believe that the foundation of the trader who came out naked must be extremely solid. The so-called foundation is not how many theories you have mastered, but how much truth you have seen.</b></p><p>This truth is not easy to understand. Let me make an intuitive comparison:</p><p>First of all, both the winning rate and the profit-loss ratio are very important. It is of course best to be able to judge the right direction and firmly hold the order, but you can't have both, so there are two styles: short-term and long-term. Those who do ultra-short-term must have a higher winning rate (because there is no advantage in profit-loss ratio), while those who do long-term have a larger profit-loss ratio. Also, the style with high winning rate is often short-term. After achieving large funds, it is inconvenient to enter and exit the market, which will also affect the effect.</p><p>However, the style that attaches importance to winning percentage is more difficult to succeed. Because a person can't keep a high winning percentage forever, can he predict the future? Therefore, we have seen that many people who made short-term huge profits in history eventually fell. Other people with high winning percentages achieve it by sacrificing high profit-loss ratios, such as making a little money and running. Although the winning percentage is very high, you can't make a lot of money.</p><p>For those who value a high profit-loss ratio, as long as the execution is good enough and the system is not too bad, it will be difficult to lose money in the long run. People who make big money are often people with high profit-loss ratios in their beliefs. But the requirements for execution are relatively high.</p><p>Here's a quote from Livermore, a big stock operator, which is also a passage made by Stanley Crowe as a card and placed at the table:</p><p>After making millions of dollars and losing millions of dollars on Wall Street, my advice to you is this: I never make a lot of money by my actions, but by my inaction. Do you understand?</p><p>Hold on with my patience. There is actually no mystery in correctly judging the direction of the market. You always find that many people are already bullish in the early stages of a bull market. They all have the ability to grasp the timing accurately and act correctly. When the price is exactly where it has the potential to make huge profits, they start buying. However, their outcome is always exactly the same-in the end, they all fail to stick to the right decision and make a really big enough profit from it.</p><p><b>There are very few people who can judge correctly and stick to it patiently. I find that this is one of the hardest things to learn. However, as a stock operator, you can only make a lot of money after you firmly grasp this point. It is easier for a trader to actually learn to trade and win millions of dollars than to make hundreds of dollars when he is ignorant. It's absolutely true that it's not difficult for those who meet, but not for those who are difficult.</b></p><p></body></html></p>","source":"lsy1584353588345","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Night Reading | What is the secret of successful trading?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNight Reading | What is the secret of successful trading?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">红与绿</strong><span class=\"h-time small\">2022-05-13 21:05</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Almost all successful investors are loners, because they often have to do things different from the public! Fermor once pointed out: A successful speculator must be like a successful businessman, correctly foresee future demand, purchase goods at the right time, and patiently wait for the moment of profit.<b>Have the desire to become an investment expert</b></p><p>No matter what you do, you can't succeed without desire. Without desire, you will back down when you encounter some small difficulties. Shareholders may say, \"I have a strong desire, and I really want to make a fortune in the stock market.\" Is this really the case?</p><p>There are more than 30 million stockholders in the United States. Wall Street once conducted a survey of ordinary stockholders, and the results were amazing: 80% of stockholders did not enter the market for the main purpose of making money! Stock trading is a money game, a game played by gentlemen. The main purpose of investors entering the market is to participate in this game. All your rich friends are trading stocks, and you must be one of them, so that you can also become a member of \"successful people\" in everyone's chat.</p><p>Everyone is more or less gambling, and the stock market provides a place to satisfy gambling, and it provides relief for your daily boring life. Ask yourself, did you enter the stock market for these reasons?</p><p>Another question: How many shopping malls did you go to to compare prices in order to buy the TV set worth 2,000 yuan at home? How much material did you find? How many people have been asked? How much research was done? Yesterday, you spent 20,000 yuan to buy that stock. How much research did you do and how much information did you find? What percentage of the effort do you put into buying stocks as much as you buy TV sets? It must be noted that:<b>Desire must be based on effort, otherwise it is just a daydream. Daydream is not a desire but a dream.</b></p><p><b>Perseverance must be possessed</b></p><p>Perseverance is an easy word to say, but hard to do. I remember the famous saying of former US President Coolidge: \"The world is full of smart and frustrated people, people who are well-educated but lament that their talents are not appreciated all the time... They have one thing in common, they lack the spirit of perseverance.\" What is the spirit of perseverance? It is the perseverance to endure when you can't bear it! If anyone thinks he can make a hit in the stock market and soar into the sky, he must be daydreaming. Even if he was lucky and made a fortune as soon as he entered the market, this money came easily, but it was only temporarily loaned to him by the stock market. If he didn't land immediately, the stock market would ask him for it back sooner or later.<b>If you want to keep making money from the stock market, you must have knowledge, experience, and you must be an expert.</b></p><p>In my many years of stock trading, I have experienced many sleepless nights. My highest record is losing $50,000 a day. $50,000 is a small amount for a rich person, but at that time it was half of my total assets, equivalent to my wife's salary for two years at that time, and a lot of it was my hard-earned money from serving dishes and washing dishes in restaurants! I can still feel the pain and numbness I felt at that time today, and I can't even eat for the next two weeks. The most painful thing is not the amount of money lost. It is not terrible to lose money. The terrible thing is that I don't know if I have the ability to earn it back! I keep asking myself: Is this the right industry for me?</p><p>I know that you can graduate from college after four years, and there are times when apprentices become apprentices in other industries, but what is the graduation period of stock universities? Working ten hours a day like this, not only is there no pay today, but I wonder if I will be paid in the future. How long will it take? Is it possible for me to graduate? I am a child of a poor family. I live a life of earning and eating now, and my hands and mouths are stopping. My savings for many years are decreasing day by day. Is there a day that I can survive this day? The thought of giving up goes on every day. Even if you go to a restaurant as a waiter, you can always earn dozens of dollars a day. Readers can imagine my desperation at the time. Of course, if I really gave up at that time, readers wouldn't have seen this book.</p><p>Five years later, looking back, I sometimes feel proud of my resilience. I want readers to share a quote from Napoleon Hill in his immortal book Think and Grow Rich:<b>\"When the wealth comes, it will come so quickly, so quickly, that one wonders where all the wealth has gone in those difficult years?</b>My life experience proves that this sentence is true. This sentence is similar to Meng Fuzi's famous saying, \"Heaven will give great responsibilities to Sri Lanka people, so they must first suffer their minds, starve their bodies and skin, and work their muscles and bones …\".</p><p>Success comes too easily, and it usually doesn't last. There are so many places in the world where hot heads can wrestle, and you'll never guess where. Because if success comes too easily, people often don't know blessings, don't cherish blessings, and forget who they are! It's always darkest before dawn, and you can survive this time before you can see the light. Remember: The secret of success is nothing more than \"endure when you can't bear it\".</p><p><b>Have the style of \"fighting with the market and having endless fun\"</b></p><p>All successful investors have a great interest in the market and its operation. They like the challenges it provides and have a strong desire to beat it.</p><p>It is not money, it is not fame, it is not getting rich quick that attracts them to struggle in this market. Money is just a prize after they play the stock game successfully. For ordinary people, their purpose of entering the market is to make money, and this expectation makes their probability of success in this business very low. Because this expectation makes it difficult for them to maintain calm observation, they have no patience to wait for the inevitable result. As the old Chinese saying goes, \"Lard blinds the heart\". Livermore once pointed out:<b>A successful speculator must be like a successful businessman, correctly foresee the future demand, purchase goods at the right time, and patiently wait for the moment of profit.</b></p><p><b>Be willing to be lonely</b></p><p>Almost all successful investors are loners. They have to be loners! Because they often have to do things different from the public.</p><p><b>Whether they buy low and sell high or buy high and sell higher, they must maintain independent thinking. It is extremely dangerous to do the opposite of the public in order to be different. They must have a reasonable explanation why the public may be wrong, and at the same time foresee the consequences of adopting opposite thinking. It gives them the confidence they need to be different.</b></p><p>From our childhood, we have known the importance of conformity. Random thoughts, strange ideas, make you lose friends and be ridiculed. We have long been accustomed to \"collective thinking\". But stock trading requires a different way of thinking. If most people in the stock market are optimistic about a certain stock, and they have all entered the market according to their own abilities, who else will buy stocks to make the stock market continue to rise higher? On the contrary, if most investors are not optimistic about the stock market, they have already sold out of the market, then the range for the stock market to continue to fall is not large. If you follow the crowd, you will often enter the market at high points and exit the market at low points, and you will become a loser.</p><p>Of course, it is difficult to measure why most investors are optimistic about the market or why most investors are not optimistic about the market. You can get the answer mainly by studying the \"stock trend\". The emphasis here is on the way of thinking. The likable personalities you learned from an early age, such as being obedient, gregarious, unconventional, etc., have become obstacles to success in stock trading.</p><p><b>Must have patience and self-control</b></p><p>Patience and self-control are both things that sound simple but are difficult to do. Stock trading is an extremely boring job. Readers will laugh at my statement and say, \"I have speculated in stocks, and I find it extremely exciting and fun.\" This is because you regard stock trading as a pastime, not as a serious job. I'm a lover of Go, and I think Go is very fun. But ask those who play chess for a living, and they will surely tell you how boring and monotonous it is to play chess all day. The truth is the same. Collect information every day, judge the market, and make a stock trading plan by referring it to your own experience. It may be exciting and interesting to do it occasionally, but repeating the same work over the years is \"hard work\". If you don't take \"hard work\" as a habit, you have little chance of success in this business.</p><p>Recognize uncertainty. In other words, no matter how smart you are, no matter how rich your knowledge is, the market still cannot predict 100% accurately.</p><p>Some people took three years to understand this, some took ten years, and some didn't understand it all their lives. But only after understanding this,<b>I just began to pay more and more attention to the profit-loss ratio, no longer pay attention to the winning rate, no longer think about whether it will rise or fall tomorrow, no longer worry about gains and losses, I just cherish the position of opening positions more, and gradually learn to sit still and do it. It's getting easier and easier. Because I know that it doesn't matter how the market goes. Although the process is twists and turns, the final result is profitable!</b></p><p>Here's a quote from Zhang Sanqian. He is much better than what I said:</p><p><b>Only after realizing the uncertainty of the trend and giving up the pursuit of certainty can we go to the next step.</b></p><p>And this step is the most difficult and time-consuming step. Some people have spent their entire career, some people have not seen through it after more than 20 years, and some people, relying solely on their own understanding and insight, have gone from the fundamentals, technical aspects, mixed aspects, XXX aspects, etc. After a trip, it rushed out covered in blood, and it also took 3-5 years. Of course, some people, because of their good environment, are surrounded by mature experts who scoff at certainty, and their own understanding is not bad, so they can understand this in a shorter period of time.</p><p><b>Fate is sometimes a bit fatal, but I still believe that the foundation of the trader who came out naked must be extremely solid. The so-called foundation is not how many theories you have mastered, but how much truth you have seen.</b></p><p>This truth is not easy to understand. Let me make an intuitive comparison:</p><p>First of all, both the winning rate and the profit-loss ratio are very important. It is of course best to be able to judge the right direction and firmly hold the order, but you can't have both, so there are two styles: short-term and long-term. Those who do ultra-short-term must have a higher winning rate (because there is no advantage in profit-loss ratio), while those who do long-term have a larger profit-loss ratio. Also, the style with high winning rate is often short-term. After achieving large funds, it is inconvenient to enter and exit the market, which will also affect the effect.</p><p>However, the style that attaches importance to winning percentage is more difficult to succeed. Because a person can't keep a high winning percentage forever, can he predict the future? Therefore, we have seen that many people who made short-term huge profits in history eventually fell. Other people with high winning percentages achieve it by sacrificing high profit-loss ratios, such as making a little money and running. Although the winning percentage is very high, you can't make a lot of money.</p><p>For those who value a high profit-loss ratio, as long as the execution is good enough and the system is not too bad, it will be difficult to lose money in the long run. People who make big money are often people with high profit-loss ratios in their beliefs. But the requirements for execution are relatively high.</p><p>Here's a quote from Livermore, a big stock operator, which is also a passage made by Stanley Crowe as a card and placed at the table:</p><p>After making millions of dollars and losing millions of dollars on Wall Street, my advice to you is this: I never make a lot of money by my actions, but by my inaction. Do you understand?</p><p>Hold on with my patience. There is actually no mystery in correctly judging the direction of the market. You always find that many people are already bullish in the early stages of a bull market. They all have the ability to grasp the timing accurately and act correctly. When the price is exactly where it has the potential to make huge profits, they start buying. However, their outcome is always exactly the same-in the end, they all fail to stick to the right decision and make a really big enough profit from it.</p><p><b>There are very few people who can judge correctly and stick to it patiently. I find that this is one of the hardest things to learn. However, as a stock operator, you can only make a lot of money after you firmly grasp this point. It is easier for a trader to actually learn to trade and win millions of dollars than to make hundreds of dollars when he is ignorant. It's absolutely true that it's not difficult for those who meet, but not for those who are difficult.</b></p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/9LmD9V_0ddN2iozRqU76TQ\">红与绿</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/cdebdfe62273ac806dc3a657b1ca6182","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/9LmD9V_0ddN2iozRqU76TQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103729402","content_text":"几乎所有成功的投资者都是孤独者，因为他们常要做和大众不同的事！弗莫尔曾指出：一位成功的炒手必须如一位成功的商人，正确地预见未来的需求，适时进货，耐心地等待盈利的时刻。要有成为投资专家的欲望无论做什么,没有欲望是不可能成功的。缺少欲望,你会在碰到些小困难时就打退堂鼓。股友们或许会说：“我欲望很强烈,我很想在股市发财。”真是这么回事吗？美国有超过3000万的股民，华尔街曾经对一般的股民做过调查，其结果是惊人的：80%的股民入市并非以赚钱为主要目的！炒股是金钱游戏，一个绅士们玩的游戏，股民们入市的主要目的是参加这一游戏。你所有富有的朋友都在炒股,你必须成为他们中的一员，这样在大家的闲谈中你也成为“成功人士”的一分子。每个人都有或多或少的赌性，股市提供了满足赌性的场所，它给你日常烦闷的生活提供的调济。问问你自己，是否也是因这些原因进入股市的？再问一个问题：为了买家里2000元的那台电视机,你跑了几家商场比价？找了多少材料？问过多少人？做了多少研究？昨天你花 20000元买了那只股票，你又做了多少研究,找了多少资料？你买股票下的功夫是买电视机的百分之几？必须指出：欲望必须由努力做基础，否则只是白日梦，白日梦不是欲望是梦。必须具备锲而不舍的精神锲而不舍是句很容易说,但很难做到的话。记得美国前总统柯立芝有句名言：“这个世界充满聪明而失意的人，受过良好教育但成日感叹怀才不遇的人……他们有个共性，缺少锲而不舍的精神。“什么是锲而不舍的精神？它是在忍无可忍的时候，再忍下去的毅力！如果谁认为他能在股市一炮打响，一飞冲天，他准是在做白日梦。就算他运气好，一进场就捞了一笔，这笔钱来得容易，但它只是股市暂时借给他的，他如果不即刻上岸,股市迟早会向他讨回去。想从股市不断赚到钱，你必须有知识，有经验，你必须成为专家。在我炒股的这么多年中，经过许许多多的不眠之夜。我的最高记录是一天亏掉5万美元。5万美元对有钱人来说是小数目，但那时这是我全部资产的一半，相当于当时我妻子两年的工资,而且其中很多是我在餐馆端盘子洗碟子赚来的血汗钱！我今天还能感到当时痛苦到麻木的感觉，随后两星期连饭都吃不下。最痛苦的不是亏钱的数目，钱亏掉不可怕，可怕的是不知有无本事再赚回来！我不断问自己：这个行业适合我吗？我知道大学熬四年能毕业,其它行业也有学徒出师的时候，但股票大学的毕业期何在？像这样每天工作十小时,不仅今天没有工资，也不知道以后会不会有报酬的日子到底要熬多久？我有没有毕业的可能？我是穷人家的孩子，过的是现挣现吃、手停口停的生活，多年省吃俭用的储蓄一天天地减少，这日子有熬出头的一天吗？放弃的念头无日无之。就算到餐馆做跑堂，一天也总能挣上几十块钱。读者可以想象我当时的绝望。当然，我如果当时真放弃了，读者也看不到这本书。五年过去了，回首往事，有时自己都为自己的韧性感到骄傲。我要读者们分享拿破仑·希尔在他的不朽名著《思考致富》中的一句话：“当财富来到的时候，它将来得如此急，如此快，使人奇怪在那艰难的岁月，这些财富都躲到哪里去了？”我的生活经验证明这句话确实无误。这句话和孟夫子的名言“天将降大任于斯人也，必先苦其心智，饿其体肤，劳其筋骨……”有异曲同工之处。成功来得太容易，它通常不会持久。这个世界有太多的地方能让头脑发热的人摔跤，而且你永远猜不到在什么地方摔跤。因为成功若来得太容易，人往往不知福，不惜福，忘了自己是谁！黎明之前总是最黑暗的，你能熬过这段时间，你才能看到光明。请记住：成功的秘诀不外乎是“在忍无可忍的时候，再忍一忍”。要有“与市场斗,其乐无穷”的气派所有成功的投资者对市场及其运作都有极大的兴趣，他们喜欢市场所提供的挑战，有强烈的欲望要战胜这一市场。吸引他们在这一市场搏斗的不是金钱，不是名誉，不是快速致富。金钱只是他们玩股票游戏成功后的奖品。对一般人而言,他们进市场的目的是为了赚钱，这一期望使他们在这行成功的概率变得很低。因为这一期望使他们难以维持冷静的观察力,他们没有耐性等待必然的结果。中国的老话叫“猪油蒙了心”。利弗莫尔曾指出：一位成功的炒手必须如一位成功的商人,正确地预见未来的需求,适时进货,耐心地等待盈利的时刻。要甘于做孤独者几乎所有成功的投资者都是孤独者。他们必须是孤独者！因为他们常要做和大众不同的事。无论是低买高卖还是高买更高卖，他们都必须维持独立的思维，为了与众不同所以作和大众相反的事是极其危险的。他们必须有合理的解释为何大众可能不对,同时预见采用相反思维所将引致的后果。这给他们与众不同时所需的信心。从孩提时代，我们就深知合群从众的重要性。胡思乱想，奇怪的主意，使你失去朋友，受到嘲弄。长期以来我们已习惯于“集体思维”。但炒股需要不同的思维方式。如果股市大多数人都看好某股票，他们都已按自己的能力入场，还有谁来买股使股市继续升得更高？反之如果大多数股民不看好股市，他们都已经脱手出场，那么股市的继续下跌区间也已不大。你如果随大流，则你将常常在高点入市，低点出市，你将成为失败者。当然，何为大多数股民看好大市或大多数股民不看好大市是很难计量的，你主要通过研究“股势”来得到答案。这里强调的是思维的方式。你从小学习的那些讨人喜欢的性格，如听话、合群、不标新立异等等都成为炒股成功的障碍。必须具有耐心和自制力耐心和自制力都是听起来很简单但做起来很困难的事情。炒股是极期枯燥无味的工作。读者会嘲笑我的说法，说：“我炒过股，我觉得极其刺激好玩。”这是因为你把炒股当成消遣，没有将它当成严肃的工作。我是围棋爱好者，我觉得围棋很好玩。但问问那些下棋为生的人，他们一定会告诉你成日打谱是多么的枯燥单调。其中的道理是一样的。每天收集资料，判断行情，将其和自己的经验参照定好炒股计划,偶尔做做或许是兴奋有趣的事，但经年累月地重复同样的工作就是“苦工”。你不把“苦工”当成习惯，你在这行成功的机会就不大。认识到不确定性。或者说，无论你多么聪明，无论你的知识多么丰富，市场依然是无法100%准确预测的。这一点有些人用了三年才明白，有的用了十年，有的用了一辈子也没有明白。但只有明白了这一点以后，我才开始越来越重视盈亏比，不再重视胜率，不再挖空心思考虑明天是涨是跌，不再患得患失担惊受怕，我只是更加珍惜开仓的位置，逐渐学会稳坐不动，做起来也越来越轻松。因为我知道市场怎么走都无所谓，过程虽然曲曲折折但最终结果都是赚！在此引用张三千的一段话吧，他比我说的要好很多：认识到走势的不确定性，并且放弃了追求确定性后，才能够走到下一步。而这一步是最难走的，是耗时间最长的一步。有的人用了整个的职业生涯，有的人用了20多年也没看透，有的人，纯靠自己的悟性和洞察力，从基本面，技术面，混合面，XXX面等等走了一遭，浑身是血的冲了出来，也用了3-5年。当然，还有的人，因为其环境好，身边全是对确定性嗤之以鼻的成熟高手，加上本身悟性也不差劲，更短的时间内就洞察到了这一点。命运，有的时候真有点致命，但是，我还相信，自己赤裸裸趟出来的交易者，其根基，一定是无比牢固的。所谓的根基，并非你掌握了多少理论，而是你到底见过多少真相。这个道理不是很容易理解，我做个直观的对比把：首先，胜率和盈亏比都是很重要的。既能判断对方向又能牢牢拿住单子，当然是最好的，但两者不可兼得，所以有两种风格：短线和长线。做超短线的人胜率必须高一些（因为没有盈亏比的优势），而做长线的人盈亏比比较大。还有，高胜率的风格往往是做短线，做到大资金后，在市场进出不方便，也会影响效果。但是，重视胜率的风格，比较难以成功。因为一个人不可能永远保持高胜率吧，难道他可以预测未来？因此我们看到历史上很多获得短期暴利的人最终都陨落了。另一些高胜率的人是靠牺牲高盈亏比来实现的，比如赚一点就跑。虽然胜率很高，也赚不到大钱。而重视高盈亏比的人，只要执行力足够好，系统别太差，长期下来亏钱是很难的。赚大钱的人往往也是信念中高盈亏比的人。但是对执行力要求比较高。这里引用股票大作手利弗莫尔的一段话，也是斯坦利克罗做成卡片摆放在桌边的一段话：在华尔街赚过百万美元也亏损过百万美元之后，我要给你的忠告就是：我之所以赚大钱，从来不是凭我的作为，而是始终凭我的无为。明白吗？凭我的耐心坚守。正确判断市场方向，其实没有什么奥妙可言。你总是发现很多人在牛市早期便已经看多，他们都有能力精准把握时机并正确行动，当价格恰恰处在有潜力造就巨额利润之处时，便开始买进。然而，他们的结局总是如出一辙——最终都未能坚持正确的决定，从中获取真正足够大的利润。既能够正确判断，又能够耐心坚守，这样的人凤毛麟角。我发现，这属于最难学会的内容之一。但是，作为一名股票作手，只有牢牢掌握这一点之后，才能赚大钱。对一名交易者来说，真正学会交易后赢得几百万美元，比他在懵里懵懂的日子里赚几百美元还容易。会者不难，难者不会，千真万确。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9062530421,"gmtCreate":1652075437963,"gmtModify":1676535025088,"author":{"id":"4089632540664290","authorId":"4089632540664290","name":"金莺","avatar":"https://community-static.tradeup.com/news/04a7057c9010d2743d8c4157e8a4abd5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089632540664290","authorIdStr":"4089632540664290"},"themes":[],"htmlText":"<a 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href=\"https://ttm.financial/S/TIGR\">$老虎证券(TIGR)$ </a>","listText":"<a href=\"https://ttm.financial/S/TIGR\">$老虎证券(TIGR)$ </a>","text":"$老虎证券(TIGR)$","images":[{"img":"https://community-static.tradeup.com/news/c11608f9e7b90c16f9be3246a0ff57e8","width":"750","height":"1191"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9959346161","isVote":1,"tweetType":1,"viewCount":2726,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9910140721,"gmtCreate":1663584208063,"gmtModify":1676537295573,"author":{"id":"4089632540664290","authorId":"4089632540664290","name":"金莺","avatar":"https://community-static.tradeup.com/news/04a7057c9010d2743d8c4157e8a4abd5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089632540664290","idStr":"4089632540664290"},"themes":[],"htmlText":"<a 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","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9067231806","repostId":"1103729402","repostType":4,"repost":{"id":"1103729402","kind":"news","pubTimestamp":1652447120,"share":"https://ttm.financial/m/news/1103729402?lang=en_US&edition=fundamental","pubTime":"2022-05-13 21:05","market":"hk","language":"zh","title":"Night Reading | What is the secret of successful trading?","url":"https://stock-news.laohu8.com/highlight/detail?id=1103729402","media":"红与绿","summary":"几乎所有成功的投资者都是孤独者，因为他们常要做和大众不同的事！弗莫尔曾指出：一位成功的炒手必须如一位成功的商人，正确地预见未来的需求，适时进货，耐心地等待盈利的时刻。要有成为投资专家的欲望无论做什么,","content":"<p><html><head></head><body>Almost all successful investors are loners, because they often have to do things different from the public! Fermor once pointed out: A successful speculator must be like a successful businessman, correctly foresee future demand, purchase goods at the right time, and patiently wait for the moment of profit.<b>Have the desire to become an investment expert</b></p><p>No matter what you do, you can't succeed without desire. Without desire, you will back down when you encounter some small difficulties. Shareholders may say, \"I have a strong desire, and I really want to make a fortune in the stock market.\" Is this really the case?</p><p>There are more than 30 million stockholders in the United States. Wall Street once conducted a survey of ordinary stockholders, and the results were amazing: 80% of stockholders did not enter the market for the main purpose of making money! Stock trading is a money game, a game played by gentlemen. The main purpose of investors entering the market is to participate in this game. All your rich friends are trading stocks, and you must be one of them, so that you can also become a member of \"successful people\" in everyone's chat.</p><p>Everyone is more or less gambling, and the stock market provides a place to satisfy gambling, and it provides relief for your daily boring life. Ask yourself, did you enter the stock market for these reasons?</p><p>Another question: How many shopping malls did you go to to compare prices in order to buy the TV set worth 2,000 yuan at home? How much material did you find? How many people have been asked? How much research was done? Yesterday, you spent 20,000 yuan to buy that stock. How much research did you do and how much information did you find? What percentage of the effort do you put into buying stocks as much as you buy TV sets? It must be noted that:<b>Desire must be based on effort, otherwise it is just a daydream. Daydream is not a desire but a dream.</b></p><p><b>Perseverance must be possessed</b></p><p>Perseverance is an easy word to say, but hard to do. I remember the famous saying of former US President Coolidge: \"The world is full of smart and frustrated people, people who are well-educated but lament that their talents are not appreciated all the time... They have one thing in common, they lack the spirit of perseverance.\" What is the spirit of perseverance? It is the perseverance to endure when you can't bear it! If anyone thinks he can make a hit in the stock market and soar into the sky, he must be daydreaming. Even if he was lucky and made a fortune as soon as he entered the market, this money came easily, but it was only temporarily loaned to him by the stock market. If he didn't land immediately, the stock market would ask him for it back sooner or later.<b>If you want to keep making money from the stock market, you must have knowledge, experience, and you must be an expert.</b></p><p>In my many years of stock trading, I have experienced many sleepless nights. My highest record is losing $50,000 a day. $50,000 is a small amount for a rich person, but at that time it was half of my total assets, equivalent to my wife's salary for two years at that time, and a lot of it was my hard-earned money from serving dishes and washing dishes in restaurants! I can still feel the pain and numbness I felt at that time today, and I can't even eat for the next two weeks. The most painful thing is not the amount of money lost. It is not terrible to lose money. The terrible thing is that I don't know if I have the ability to earn it back! I keep asking myself: Is this the right industry for me?</p><p>I know that you can graduate from college after four years, and there are times when apprentices become apprentices in other industries, but what is the graduation period of stock universities? Working ten hours a day like this, not only is there no pay today, but I wonder if I will be paid in the future. How long will it take? Is it possible for me to graduate? I am a child of a poor family. I live a life of earning and eating now, and my hands and mouths are stopping. My savings for many years are decreasing day by day. Is there a day that I can survive this day? The thought of giving up goes on every day. Even if you go to a restaurant as a waiter, you can always earn dozens of dollars a day. Readers can imagine my desperation at the time. Of course, if I really gave up at that time, readers wouldn't have seen this book.</p><p>Five years later, looking back, I sometimes feel proud of my resilience. I want readers to share a quote from Napoleon Hill in his immortal book Think and Grow Rich:<b>\"When the wealth comes, it will come so quickly, so quickly, that one wonders where all the wealth has gone in those difficult years?</b>My life experience proves that this sentence is true. This sentence is similar to Meng Fuzi's famous saying, \"Heaven will give great responsibilities to Sri Lanka people, so they must first suffer their minds, starve their bodies and skin, and work their muscles and bones …\".</p><p>Success comes too easily, and it usually doesn't last. There are so many places in the world where hot heads can wrestle, and you'll never guess where. Because if success comes too easily, people often don't know blessings, don't cherish blessings, and forget who they are! It's always darkest before dawn, and you can survive this time before you can see the light. Remember: The secret of success is nothing more than \"endure when you can't bear it\".</p><p><b>Have the style of \"fighting with the market and having endless fun\"</b></p><p>All successful investors have a great interest in the market and its operation. They like the challenges it provides and have a strong desire to beat it.</p><p>It is not money, it is not fame, it is not getting rich quick that attracts them to struggle in this market. Money is just a prize after they play the stock game successfully. For ordinary people, their purpose of entering the market is to make money, and this expectation makes their probability of success in this business very low. Because this expectation makes it difficult for them to maintain calm observation, they have no patience to wait for the inevitable result. As the old Chinese saying goes, \"Lard blinds the heart\". Livermore once pointed out:<b>A successful speculator must be like a successful businessman, correctly foresee the future demand, purchase goods at the right time, and patiently wait for the moment of profit.</b></p><p><b>Be willing to be lonely</b></p><p>Almost all successful investors are loners. They have to be loners! Because they often have to do things different from the public.</p><p><b>Whether they buy low and sell high or buy high and sell higher, they must maintain independent thinking. It is extremely dangerous to do the opposite of the public in order to be different. They must have a reasonable explanation why the public may be wrong, and at the same time foresee the consequences of adopting opposite thinking. It gives them the confidence they need to be different.</b></p><p>From our childhood, we have known the importance of conformity. Random thoughts, strange ideas, make you lose friends and be ridiculed. We have long been accustomed to \"collective thinking\". But stock trading requires a different way of thinking. If most people in the stock market are optimistic about a certain stock, and they have all entered the market according to their own abilities, who else will buy stocks to make the stock market continue to rise higher? On the contrary, if most investors are not optimistic about the stock market, they have already sold out of the market, then the range for the stock market to continue to fall is not large. If you follow the crowd, you will often enter the market at high points and exit the market at low points, and you will become a loser.</p><p>Of course, it is difficult to measure why most investors are optimistic about the market or why most investors are not optimistic about the market. You can get the answer mainly by studying the \"stock trend\". The emphasis here is on the way of thinking. The likable personalities you learned from an early age, such as being obedient, gregarious, unconventional, etc., have become obstacles to success in stock trading.</p><p><b>Must have patience and self-control</b></p><p>Patience and self-control are both things that sound simple but are difficult to do. Stock trading is an extremely boring job. Readers will laugh at my statement and say, \"I have speculated in stocks, and I find it extremely exciting and fun.\" This is because you regard stock trading as a pastime, not as a serious job. I'm a lover of Go, and I think Go is very fun. But ask those who play chess for a living, and they will surely tell you how boring and monotonous it is to play chess all day. The truth is the same. Collect information every day, judge the market, and make a stock trading plan by referring it to your own experience. It may be exciting and interesting to do it occasionally, but repeating the same work over the years is \"hard work\". If you don't take \"hard work\" as a habit, you have little chance of success in this business.</p><p>Recognize uncertainty. In other words, no matter how smart you are, no matter how rich your knowledge is, the market still cannot predict 100% accurately.</p><p>Some people took three years to understand this, some took ten years, and some didn't understand it all their lives. But only after understanding this,<b>I just began to pay more and more attention to the profit-loss ratio, no longer pay attention to the winning rate, no longer think about whether it will rise or fall tomorrow, no longer worry about gains and losses, I just cherish the position of opening positions more, and gradually learn to sit still and do it. It's getting easier and easier. Because I know that it doesn't matter how the market goes. Although the process is twists and turns, the final result is profitable!</b></p><p>Here's a quote from Zhang Sanqian. He is much better than what I said:</p><p><b>Only after realizing the uncertainty of the trend and giving up the pursuit of certainty can we go to the next step.</b></p><p>And this step is the most difficult and time-consuming step. Some people have spent their entire career, some people have not seen through it after more than 20 years, and some people, relying solely on their own understanding and insight, have gone from the fundamentals, technical aspects, mixed aspects, XXX aspects, etc. After a trip, it rushed out covered in blood, and it also took 3-5 years. Of course, some people, because of their good environment, are surrounded by mature experts who scoff at certainty, and their own understanding is not bad, so they can understand this in a shorter period of time.</p><p><b>Fate is sometimes a bit fatal, but I still believe that the foundation of the trader who came out naked must be extremely solid. The so-called foundation is not how many theories you have mastered, but how much truth you have seen.</b></p><p>This truth is not easy to understand. Let me make an intuitive comparison:</p><p>First of all, both the winning rate and the profit-loss ratio are very important. It is of course best to be able to judge the right direction and firmly hold the order, but you can't have both, so there are two styles: short-term and long-term. Those who do ultra-short-term must have a higher winning rate (because there is no advantage in profit-loss ratio), while those who do long-term have a larger profit-loss ratio. Also, the style with high winning rate is often short-term. After achieving large funds, it is inconvenient to enter and exit the market, which will also affect the effect.</p><p>However, the style that attaches importance to winning percentage is more difficult to succeed. Because a person can't keep a high winning percentage forever, can he predict the future? Therefore, we have seen that many people who made short-term huge profits in history eventually fell. Other people with high winning percentages achieve it by sacrificing high profit-loss ratios, such as making a little money and running. Although the winning percentage is very high, you can't make a lot of money.</p><p>For those who value a high profit-loss ratio, as long as the execution is good enough and the system is not too bad, it will be difficult to lose money in the long run. People who make big money are often people with high profit-loss ratios in their beliefs. But the requirements for execution are relatively high.</p><p>Here's a quote from Livermore, a big stock operator, which is also a passage made by Stanley Crowe as a card and placed at the table:</p><p>After making millions of dollars and losing millions of dollars on Wall Street, my advice to you is this: I never make a lot of money by my actions, but by my inaction. Do you understand?</p><p>Hold on with my patience. There is actually no mystery in correctly judging the direction of the market. You always find that many people are already bullish in the early stages of a bull market. They all have the ability to grasp the timing accurately and act correctly. When the price is exactly where it has the potential to make huge profits, they start buying. However, their outcome is always exactly the same-in the end, they all fail to stick to the right decision and make a really big enough profit from it.</p><p><b>There are very few people who can judge correctly and stick to it patiently. I find that this is one of the hardest things to learn. However, as a stock operator, you can only make a lot of money after you firmly grasp this point. It is easier for a trader to actually learn to trade and win millions of dollars than to make hundreds of dollars when he is ignorant. It's absolutely true that it's not difficult for those who meet, but not for those who are difficult.</b></p><p></body></html></p>","source":"lsy1584353588345","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Night Reading | What is the secret of successful trading?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNight Reading | What is the secret of successful trading?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">红与绿</strong><span class=\"h-time small\">2022-05-13 21:05</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Almost all successful investors are loners, because they often have to do things different from the public! Fermor once pointed out: A successful speculator must be like a successful businessman, correctly foresee future demand, purchase goods at the right time, and patiently wait for the moment of profit.<b>Have the desire to become an investment expert</b></p><p>No matter what you do, you can't succeed without desire. Without desire, you will back down when you encounter some small difficulties. Shareholders may say, \"I have a strong desire, and I really want to make a fortune in the stock market.\" Is this really the case?</p><p>There are more than 30 million stockholders in the United States. Wall Street once conducted a survey of ordinary stockholders, and the results were amazing: 80% of stockholders did not enter the market for the main purpose of making money! Stock trading is a money game, a game played by gentlemen. The main purpose of investors entering the market is to participate in this game. All your rich friends are trading stocks, and you must be one of them, so that you can also become a member of \"successful people\" in everyone's chat.</p><p>Everyone is more or less gambling, and the stock market provides a place to satisfy gambling, and it provides relief for your daily boring life. Ask yourself, did you enter the stock market for these reasons?</p><p>Another question: How many shopping malls did you go to to compare prices in order to buy the TV set worth 2,000 yuan at home? How much material did you find? How many people have been asked? How much research was done? Yesterday, you spent 20,000 yuan to buy that stock. How much research did you do and how much information did you find? What percentage of the effort do you put into buying stocks as much as you buy TV sets? It must be noted that:<b>Desire must be based on effort, otherwise it is just a daydream. Daydream is not a desire but a dream.</b></p><p><b>Perseverance must be possessed</b></p><p>Perseverance is an easy word to say, but hard to do. I remember the famous saying of former US President Coolidge: \"The world is full of smart and frustrated people, people who are well-educated but lament that their talents are not appreciated all the time... They have one thing in common, they lack the spirit of perseverance.\" What is the spirit of perseverance? It is the perseverance to endure when you can't bear it! If anyone thinks he can make a hit in the stock market and soar into the sky, he must be daydreaming. Even if he was lucky and made a fortune as soon as he entered the market, this money came easily, but it was only temporarily loaned to him by the stock market. If he didn't land immediately, the stock market would ask him for it back sooner or later.<b>If you want to keep making money from the stock market, you must have knowledge, experience, and you must be an expert.</b></p><p>In my many years of stock trading, I have experienced many sleepless nights. My highest record is losing $50,000 a day. $50,000 is a small amount for a rich person, but at that time it was half of my total assets, equivalent to my wife's salary for two years at that time, and a lot of it was my hard-earned money from serving dishes and washing dishes in restaurants! I can still feel the pain and numbness I felt at that time today, and I can't even eat for the next two weeks. The most painful thing is not the amount of money lost. It is not terrible to lose money. The terrible thing is that I don't know if I have the ability to earn it back! I keep asking myself: Is this the right industry for me?</p><p>I know that you can graduate from college after four years, and there are times when apprentices become apprentices in other industries, but what is the graduation period of stock universities? Working ten hours a day like this, not only is there no pay today, but I wonder if I will be paid in the future. How long will it take? Is it possible for me to graduate? I am a child of a poor family. I live a life of earning and eating now, and my hands and mouths are stopping. My savings for many years are decreasing day by day. Is there a day that I can survive this day? The thought of giving up goes on every day. Even if you go to a restaurant as a waiter, you can always earn dozens of dollars a day. Readers can imagine my desperation at the time. Of course, if I really gave up at that time, readers wouldn't have seen this book.</p><p>Five years later, looking back, I sometimes feel proud of my resilience. I want readers to share a quote from Napoleon Hill in his immortal book Think and Grow Rich:<b>\"When the wealth comes, it will come so quickly, so quickly, that one wonders where all the wealth has gone in those difficult years?</b>My life experience proves that this sentence is true. This sentence is similar to Meng Fuzi's famous saying, \"Heaven will give great responsibilities to Sri Lanka people, so they must first suffer their minds, starve their bodies and skin, and work their muscles and bones …\".</p><p>Success comes too easily, and it usually doesn't last. There are so many places in the world where hot heads can wrestle, and you'll never guess where. Because if success comes too easily, people often don't know blessings, don't cherish blessings, and forget who they are! It's always darkest before dawn, and you can survive this time before you can see the light. Remember: The secret of success is nothing more than \"endure when you can't bear it\".</p><p><b>Have the style of \"fighting with the market and having endless fun\"</b></p><p>All successful investors have a great interest in the market and its operation. They like the challenges it provides and have a strong desire to beat it.</p><p>It is not money, it is not fame, it is not getting rich quick that attracts them to struggle in this market. Money is just a prize after they play the stock game successfully. For ordinary people, their purpose of entering the market is to make money, and this expectation makes their probability of success in this business very low. Because this expectation makes it difficult for them to maintain calm observation, they have no patience to wait for the inevitable result. As the old Chinese saying goes, \"Lard blinds the heart\". Livermore once pointed out:<b>A successful speculator must be like a successful businessman, correctly foresee the future demand, purchase goods at the right time, and patiently wait for the moment of profit.</b></p><p><b>Be willing to be lonely</b></p><p>Almost all successful investors are loners. They have to be loners! Because they often have to do things different from the public.</p><p><b>Whether they buy low and sell high or buy high and sell higher, they must maintain independent thinking. It is extremely dangerous to do the opposite of the public in order to be different. They must have a reasonable explanation why the public may be wrong, and at the same time foresee the consequences of adopting opposite thinking. It gives them the confidence they need to be different.</b></p><p>From our childhood, we have known the importance of conformity. Random thoughts, strange ideas, make you lose friends and be ridiculed. We have long been accustomed to \"collective thinking\". But stock trading requires a different way of thinking. If most people in the stock market are optimistic about a certain stock, and they have all entered the market according to their own abilities, who else will buy stocks to make the stock market continue to rise higher? On the contrary, if most investors are not optimistic about the stock market, they have already sold out of the market, then the range for the stock market to continue to fall is not large. If you follow the crowd, you will often enter the market at high points and exit the market at low points, and you will become a loser.</p><p>Of course, it is difficult to measure why most investors are optimistic about the market or why most investors are not optimistic about the market. You can get the answer mainly by studying the \"stock trend\". The emphasis here is on the way of thinking. The likable personalities you learned from an early age, such as being obedient, gregarious, unconventional, etc., have become obstacles to success in stock trading.</p><p><b>Must have patience and self-control</b></p><p>Patience and self-control are both things that sound simple but are difficult to do. Stock trading is an extremely boring job. Readers will laugh at my statement and say, \"I have speculated in stocks, and I find it extremely exciting and fun.\" This is because you regard stock trading as a pastime, not as a serious job. I'm a lover of Go, and I think Go is very fun. But ask those who play chess for a living, and they will surely tell you how boring and monotonous it is to play chess all day. The truth is the same. Collect information every day, judge the market, and make a stock trading plan by referring it to your own experience. It may be exciting and interesting to do it occasionally, but repeating the same work over the years is \"hard work\". If you don't take \"hard work\" as a habit, you have little chance of success in this business.</p><p>Recognize uncertainty. In other words, no matter how smart you are, no matter how rich your knowledge is, the market still cannot predict 100% accurately.</p><p>Some people took three years to understand this, some took ten years, and some didn't understand it all their lives. But only after understanding this,<b>I just began to pay more and more attention to the profit-loss ratio, no longer pay attention to the winning rate, no longer think about whether it will rise or fall tomorrow, no longer worry about gains and losses, I just cherish the position of opening positions more, and gradually learn to sit still and do it. It's getting easier and easier. Because I know that it doesn't matter how the market goes. Although the process is twists and turns, the final result is profitable!</b></p><p>Here's a quote from Zhang Sanqian. He is much better than what I said:</p><p><b>Only after realizing the uncertainty of the trend and giving up the pursuit of certainty can we go to the next step.</b></p><p>And this step is the most difficult and time-consuming step. Some people have spent their entire career, some people have not seen through it after more than 20 years, and some people, relying solely on their own understanding and insight, have gone from the fundamentals, technical aspects, mixed aspects, XXX aspects, etc. After a trip, it rushed out covered in blood, and it also took 3-5 years. Of course, some people, because of their good environment, are surrounded by mature experts who scoff at certainty, and their own understanding is not bad, so they can understand this in a shorter period of time.</p><p><b>Fate is sometimes a bit fatal, but I still believe that the foundation of the trader who came out naked must be extremely solid. The so-called foundation is not how many theories you have mastered, but how much truth you have seen.</b></p><p>This truth is not easy to understand. Let me make an intuitive comparison:</p><p>First of all, both the winning rate and the profit-loss ratio are very important. It is of course best to be able to judge the right direction and firmly hold the order, but you can't have both, so there are two styles: short-term and long-term. Those who do ultra-short-term must have a higher winning rate (because there is no advantage in profit-loss ratio), while those who do long-term have a larger profit-loss ratio. Also, the style with high winning rate is often short-term. After achieving large funds, it is inconvenient to enter and exit the market, which will also affect the effect.</p><p>However, the style that attaches importance to winning percentage is more difficult to succeed. Because a person can't keep a high winning percentage forever, can he predict the future? Therefore, we have seen that many people who made short-term huge profits in history eventually fell. Other people with high winning percentages achieve it by sacrificing high profit-loss ratios, such as making a little money and running. Although the winning percentage is very high, you can't make a lot of money.</p><p>For those who value a high profit-loss ratio, as long as the execution is good enough and the system is not too bad, it will be difficult to lose money in the long run. People who make big money are often people with high profit-loss ratios in their beliefs. But the requirements for execution are relatively high.</p><p>Here's a quote from Livermore, a big stock operator, which is also a passage made by Stanley Crowe as a card and placed at the table:</p><p>After making millions of dollars and losing millions of dollars on Wall Street, my advice to you is this: I never make a lot of money by my actions, but by my inaction. Do you understand?</p><p>Hold on with my patience. There is actually no mystery in correctly judging the direction of the market. You always find that many people are already bullish in the early stages of a bull market. They all have the ability to grasp the timing accurately and act correctly. When the price is exactly where it has the potential to make huge profits, they start buying. However, their outcome is always exactly the same-in the end, they all fail to stick to the right decision and make a really big enough profit from it.</p><p><b>There are very few people who can judge correctly and stick to it patiently. I find that this is one of the hardest things to learn. However, as a stock operator, you can only make a lot of money after you firmly grasp this point. It is easier for a trader to actually learn to trade and win millions of dollars than to make hundreds of dollars when he is ignorant. It's absolutely true that it's not difficult for those who meet, but not for those who are difficult.</b></p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/9LmD9V_0ddN2iozRqU76TQ\">红与绿</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/cdebdfe62273ac806dc3a657b1ca6182","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/9LmD9V_0ddN2iozRqU76TQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103729402","content_text":"几乎所有成功的投资者都是孤独者，因为他们常要做和大众不同的事！弗莫尔曾指出：一位成功的炒手必须如一位成功的商人，正确地预见未来的需求，适时进货，耐心地等待盈利的时刻。要有成为投资专家的欲望无论做什么,没有欲望是不可能成功的。缺少欲望,你会在碰到些小困难时就打退堂鼓。股友们或许会说：“我欲望很强烈,我很想在股市发财。”真是这么回事吗？美国有超过3000万的股民，华尔街曾经对一般的股民做过调查，其结果是惊人的：80%的股民入市并非以赚钱为主要目的！炒股是金钱游戏，一个绅士们玩的游戏，股民们入市的主要目的是参加这一游戏。你所有富有的朋友都在炒股,你必须成为他们中的一员，这样在大家的闲谈中你也成为“成功人士”的一分子。每个人都有或多或少的赌性，股市提供了满足赌性的场所，它给你日常烦闷的生活提供的调济。问问你自己，是否也是因这些原因进入股市的？再问一个问题：为了买家里2000元的那台电视机,你跑了几家商场比价？找了多少材料？问过多少人？做了多少研究？昨天你花 20000元买了那只股票，你又做了多少研究,找了多少资料？你买股票下的功夫是买电视机的百分之几？必须指出：欲望必须由努力做基础，否则只是白日梦，白日梦不是欲望是梦。必须具备锲而不舍的精神锲而不舍是句很容易说,但很难做到的话。记得美国前总统柯立芝有句名言：“这个世界充满聪明而失意的人，受过良好教育但成日感叹怀才不遇的人……他们有个共性，缺少锲而不舍的精神。“什么是锲而不舍的精神？它是在忍无可忍的时候，再忍下去的毅力！如果谁认为他能在股市一炮打响，一飞冲天，他准是在做白日梦。就算他运气好，一进场就捞了一笔，这笔钱来得容易，但它只是股市暂时借给他的，他如果不即刻上岸,股市迟早会向他讨回去。想从股市不断赚到钱，你必须有知识，有经验，你必须成为专家。在我炒股的这么多年中，经过许许多多的不眠之夜。我的最高记录是一天亏掉5万美元。5万美元对有钱人来说是小数目，但那时这是我全部资产的一半，相当于当时我妻子两年的工资,而且其中很多是我在餐馆端盘子洗碟子赚来的血汗钱！我今天还能感到当时痛苦到麻木的感觉，随后两星期连饭都吃不下。最痛苦的不是亏钱的数目，钱亏掉不可怕，可怕的是不知有无本事再赚回来！我不断问自己：这个行业适合我吗？我知道大学熬四年能毕业,其它行业也有学徒出师的时候，但股票大学的毕业期何在？像这样每天工作十小时,不仅今天没有工资，也不知道以后会不会有报酬的日子到底要熬多久？我有没有毕业的可能？我是穷人家的孩子，过的是现挣现吃、手停口停的生活，多年省吃俭用的储蓄一天天地减少，这日子有熬出头的一天吗？放弃的念头无日无之。就算到餐馆做跑堂，一天也总能挣上几十块钱。读者可以想象我当时的绝望。当然，我如果当时真放弃了，读者也看不到这本书。五年过去了，回首往事，有时自己都为自己的韧性感到骄傲。我要读者们分享拿破仑·希尔在他的不朽名著《思考致富》中的一句话：“当财富来到的时候，它将来得如此急，如此快，使人奇怪在那艰难的岁月，这些财富都躲到哪里去了？”我的生活经验证明这句话确实无误。这句话和孟夫子的名言“天将降大任于斯人也，必先苦其心智，饿其体肤，劳其筋骨……”有异曲同工之处。成功来得太容易，它通常不会持久。这个世界有太多的地方能让头脑发热的人摔跤，而且你永远猜不到在什么地方摔跤。因为成功若来得太容易，人往往不知福，不惜福，忘了自己是谁！黎明之前总是最黑暗的，你能熬过这段时间，你才能看到光明。请记住：成功的秘诀不外乎是“在忍无可忍的时候，再忍一忍”。要有“与市场斗,其乐无穷”的气派所有成功的投资者对市场及其运作都有极大的兴趣，他们喜欢市场所提供的挑战，有强烈的欲望要战胜这一市场。吸引他们在这一市场搏斗的不是金钱，不是名誉，不是快速致富。金钱只是他们玩股票游戏成功后的奖品。对一般人而言,他们进市场的目的是为了赚钱，这一期望使他们在这行成功的概率变得很低。因为这一期望使他们难以维持冷静的观察力,他们没有耐性等待必然的结果。中国的老话叫“猪油蒙了心”。利弗莫尔曾指出：一位成功的炒手必须如一位成功的商人,正确地预见未来的需求,适时进货,耐心地等待盈利的时刻。要甘于做孤独者几乎所有成功的投资者都是孤独者。他们必须是孤独者！因为他们常要做和大众不同的事。无论是低买高卖还是高买更高卖，他们都必须维持独立的思维，为了与众不同所以作和大众相反的事是极其危险的。他们必须有合理的解释为何大众可能不对,同时预见采用相反思维所将引致的后果。这给他们与众不同时所需的信心。从孩提时代，我们就深知合群从众的重要性。胡思乱想，奇怪的主意，使你失去朋友，受到嘲弄。长期以来我们已习惯于“集体思维”。但炒股需要不同的思维方式。如果股市大多数人都看好某股票，他们都已按自己的能力入场，还有谁来买股使股市继续升得更高？反之如果大多数股民不看好股市，他们都已经脱手出场，那么股市的继续下跌区间也已不大。你如果随大流，则你将常常在高点入市，低点出市，你将成为失败者。当然，何为大多数股民看好大市或大多数股民不看好大市是很难计量的，你主要通过研究“股势”来得到答案。这里强调的是思维的方式。你从小学习的那些讨人喜欢的性格，如听话、合群、不标新立异等等都成为炒股成功的障碍。必须具有耐心和自制力耐心和自制力都是听起来很简单但做起来很困难的事情。炒股是极期枯燥无味的工作。读者会嘲笑我的说法，说：“我炒过股，我觉得极其刺激好玩。”这是因为你把炒股当成消遣，没有将它当成严肃的工作。我是围棋爱好者，我觉得围棋很好玩。但问问那些下棋为生的人，他们一定会告诉你成日打谱是多么的枯燥单调。其中的道理是一样的。每天收集资料，判断行情，将其和自己的经验参照定好炒股计划,偶尔做做或许是兴奋有趣的事，但经年累月地重复同样的工作就是“苦工”。你不把“苦工”当成习惯，你在这行成功的机会就不大。认识到不确定性。或者说，无论你多么聪明，无论你的知识多么丰富，市场依然是无法100%准确预测的。这一点有些人用了三年才明白，有的用了十年，有的用了一辈子也没有明白。但只有明白了这一点以后，我才开始越来越重视盈亏比，不再重视胜率，不再挖空心思考虑明天是涨是跌，不再患得患失担惊受怕，我只是更加珍惜开仓的位置，逐渐学会稳坐不动，做起来也越来越轻松。因为我知道市场怎么走都无所谓，过程虽然曲曲折折但最终结果都是赚！在此引用张三千的一段话吧，他比我说的要好很多：认识到走势的不确定性，并且放弃了追求确定性后，才能够走到下一步。而这一步是最难走的，是耗时间最长的一步。有的人用了整个的职业生涯，有的人用了20多年也没看透，有的人，纯靠自己的悟性和洞察力，从基本面，技术面，混合面，XXX面等等走了一遭，浑身是血的冲了出来，也用了3-5年。当然，还有的人，因为其环境好，身边全是对确定性嗤之以鼻的成熟高手，加上本身悟性也不差劲，更短的时间内就洞察到了这一点。命运，有的时候真有点致命，但是，我还相信，自己赤裸裸趟出来的交易者，其根基，一定是无比牢固的。所谓的根基，并非你掌握了多少理论，而是你到底见过多少真相。这个道理不是很容易理解，我做个直观的对比把：首先，胜率和盈亏比都是很重要的。既能判断对方向又能牢牢拿住单子，当然是最好的，但两者不可兼得，所以有两种风格：短线和长线。做超短线的人胜率必须高一些（因为没有盈亏比的优势），而做长线的人盈亏比比较大。还有，高胜率的风格往往是做短线，做到大资金后，在市场进出不方便，也会影响效果。但是，重视胜率的风格，比较难以成功。因为一个人不可能永远保持高胜率吧，难道他可以预测未来？因此我们看到历史上很多获得短期暴利的人最终都陨落了。另一些高胜率的人是靠牺牲高盈亏比来实现的，比如赚一点就跑。虽然胜率很高，也赚不到大钱。而重视高盈亏比的人，只要执行力足够好，系统别太差，长期下来亏钱是很难的。赚大钱的人往往也是信念中高盈亏比的人。但是对执行力要求比较高。这里引用股票大作手利弗莫尔的一段话，也是斯坦利克罗做成卡片摆放在桌边的一段话：在华尔街赚过百万美元也亏损过百万美元之后，我要给你的忠告就是：我之所以赚大钱，从来不是凭我的作为，而是始终凭我的无为。明白吗？凭我的耐心坚守。正确判断市场方向，其实没有什么奥妙可言。你总是发现很多人在牛市早期便已经看多，他们都有能力精准把握时机并正确行动，当价格恰恰处在有潜力造就巨额利润之处时，便开始买进。然而，他们的结局总是如出一辙——最终都未能坚持正确的决定，从中获取真正足够大的利润。既能够正确判断，又能够耐心坚守，这样的人凤毛麟角。我发现，这属于最难学会的内容之一。但是，作为一名股票作手，只有牢牢掌握这一点之后，才能赚大钱。对一名交易者来说，真正学会交易后赢得几百万美元，比他在懵里懵懂的日子里赚几百美元还容易。会者不难，难者不会，千真万确。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938590245,"gmtCreate":1662626610587,"gmtModify":1676537104285,"author":{"id":"4089632540664290","authorId":"4089632540664290","name":"金莺","avatar":"https://community-static.tradeup.com/news/04a7057c9010d2743d8c4157e8a4abd5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089632540664290","idStr":"4089632540664290"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BS6.SI\">$扬子江船业(BS6.SI)$</a>","listText":"<a href=\"https://ttm.financial/S/BS6.SI\">$扬子江船业(BS6.SI)$</a>","text":"$扬子江船业(BS6.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938590245","isVote":1,"tweetType":1,"viewCount":2030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}