How to think independently in chaos
This wave of market, in fact from June began to peak, when I said the correction here, and I am relatively on the general trend, think here may be a super b wave rebound. But then the market continued to rebound, and a lot of early bears, in early July began to increase, they feel as if unable to fall, we saw on July 9, many people published views, including many influential analysts in the English area, in this case, how to keep calm thinking? Will you remain calm if everyone around you is rubbing their hands and itching to have a try?
I think most people are affected by the environment. We also saw bm's position exceed $1.1 billion on July 10, and today it is $860 million. That means nearly $300 million has been destroyed in the past 24 hours. So many people do a lot of flips, don't you know the risk? I believe that most people will increase their risk awareness after the peak in June, including many people asking whether they can leave the field, I think they were rational at that time, but in the process of constantly pulling up, many people's will was worn down and began to question their own judgment. These two days a lot of people are asking me when to enter, when to add stock. On July 9th , I wrote a statement on the planet: there is a golden fork in , but we have to wait for the closing confirmation, so today is not an opportunity, if the closing is positive, we prefer to enter after a new high, because there is a huge difference between long and short, to reach a new high, need a world war to establish, so it is better to enter after a clear trend.
At that time, many people did not realize the seriousness of the problem. Although I gave a three-segment adjustment pattern on July 4, I predicted that there would be a rebound wave of , followed by the adjustment wave of 12345, but I am not sure that it must be deduced according to my analysis because of the strength of the rebound. But one thing I am sure of, is that there is no new high, must not be long.
Where does my determination and confidence come from? Actually no one can be absolutely correct, no one can predict the future, but for the fear of the market, I always put their emotions and feelings in the technology, and what I call technology, actually very simple, if you read my article, in the past year, I just built around trend to my analysis, a completely solve the problem, the point of grasping is done through support and pressure. These seemingly simple indicators are often ignored by people.
A lot of people are looking for magic metrics, always hoping to get a magic box to solve all the problems. But any success, is the result of continuous efforts, there is no shortcut.
If you're willing to let go of your obsession, don't get ahead of the market and technology. Making money is easy.