The three most common psychological traps in investing:
Long-term investing: when it goes up, you ride the roller coaster; when it drops, you comfort yourself with “sticking to the long term.” After being stuck, you become even more convinced.
Short-term trading: you sell too early and “sell too high” after making a little profit; you cut losses quickly after a small loss. But if you can’t bring yourself to stop the loss, you then announce you’ve decided to switch to long-term investing.
Staying in cash: every day you feel like you missed out on “a hundred million.” The moment you can’t resist and you jump in, you immediately experience the first two.
$ETH
#美国8月PPI涨幅低于预期
Long-term investing: when it goes up, you ride the roller coaster; when it drops, you comfort yourself with “sticking to the long term.” After being stuck, you become even more convinced.
Short-term trading: you sell too early and “sell too high” after making a little profit; you cut losses quickly after a small loss. But if you can’t bring yourself to stop the loss, you then announce you’ve decided to switch to long-term investing.
Staying in cash: every day you feel like you missed out on “a hundred million.” The moment you can’t resist and you jump in, you immediately experience the first two.
$ETH
#美国8月PPI涨幅低于预期