After surviving a round of bearish market purges, the market has rebounded from its bottom. Although the closures of two exchanges have brought a chill, the period of market stagnation and low temperatures has already ended, and signs of recovery are clearly evident. Momentum has been off the mark and there is more upside than downside potential.
Long-term, making money is also the 28% principle. 80% of the time is spent waiting and getting shaken by market fluctuations. Hold on and don’t get liquidated—then you’ll be profitable during the remaining 20% of the time.
Today I came across another AI trading project. Earlier on, I was really into this. I kept trying to write my own trading strategies, thinking I could make money by using strategies. I tried for years, and now I've given up on those ideas. The path to success is ultimately simple: trading is like selling goods—the profit comes from the spread.
Trying to find certainty in a market full of randomness and uncertainty is, in itself, not a very reliable thing to do.
Today, when I had nothing much to do, I went out for a round of shopping and saw some advertisements posted around the shops. The shop’s principal is 100,000, and the annual rent you can collect is 16,000... I worked it out—why would they still sell the shop if the return is so high? For a normal investment and financial management of ¥100,000, you definitely can’t reach 16% returns. Are there any brothers who have experience with shops who can share their insights?
Recently, the large-amount wealth management products I’ve seen don’t even get to two points. Anything over three points basically is only money market funds and bonds. Haven’t you done real commercial business—does physical retail business really make that much money?