Crazylambboy

A few thoughts for investors

Education
OANDA:XAUUSD   Gold Spot / U.S. Dollar

A few suggestions for personal investment: initial investment intention, investment mentality, risk tolerance, don't have a fluke mentality, maintain patience and rationality, and refuse to be proud and conceited
In front of high returns, investors should keep a clear mind and stick to the original intention of investment and financial management, instead of blindly investing even if it is profitable. A senior investor once made such a conclusion: both short and long positions can make money, only greed cannot make money
Investment and financial management within the scope of their own affordability, investors can not only enjoy the fun of investment, but also relieve economic pressure, the most important thing is to avoid risks to a certain extent. Only the feet know whether the shoes fit or not, the one that suits you is the best
The market is changing rapidly every day, and investors must adjust their plans and decisions according to changes in market laws. Investors should stop losses in time when they feel obvious danger signals. If they are lucky, they may end up with nothing in the end. At the same time, investors should be prepared for danger in times of peace, learn to cultivate the awareness of asset allocation, and build a "safe haven" for wealth
I personally think that instead of worrying about gains and losses due to short-term book fluctuations and making investment a burden, it is better to adjust your mentality, refuse to be emotional, and maintain enough patience.
Overconfident investors generally have a strong subjective consciousness, tend to ignore the objective situation when making investment decisions, and tend to overestimate their ability to analyze information, resulting in a decrease in the accuracy of information analysis results, thereby greatly increasing the probability of decision making mistakes.
As an investor, you should listen to more useful information around you to reduce your financial risk. Once the market changes, you will also adjust your strategy in time. Reducing the risk of loss is your benefit.
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