Seven mindsets to avoid when dealing with liquidation

Bad mentality 1: short-term mentality

A few successful investors will first pay attention to the long-term trend, and then look back to see how to operate in the short-term. But most failed investors think that too academic is too slow, and they just want to make profits "as soon as possible" and "earn a vote" before running. I often warn investors and clients that regardless of the long-term and short-term, they must first observe the monthly line, then the weekly line, then the daily line, and then the 8-hour line, the 4-hour line, and the 2-hour line. But many investors often don't listen.

Bad mentality 2: greed

Most investors "predict" that the exchange rate has fallen "too low" or even "too low" before the price really rallied sharply. So they bravely buy, buy again and again, and add more and more weight as they fall, and even bring out their own "deviant theory" that they don't understand, trying to convince or anesthetize themselves and their friends around them who hope to agree with him. The result is, of course, that you are stuck in the mud and you will never recover. It is one of the reasons why you fail quickly and lose money.

Bad mentality 3: Believing that others are dumber than me

When attending investor gatherings, I often hear some experienced investors say that gold is overbought, and it is not appropriate to intervene at this high price unless there is a correction. I can't help but ask him that you said something similar when gold hit 1500. But now it is 1700, and it seems that only those idiots who can't see that gold is "overshot" can make money.

Bad mentality 4: Conformity psychology

Some investors lack the ability to think independently. He may spend thousands of dollars to attend a lecture given by a so-called "famous mouth". But he refuses to calm down and think carefully about where his own investment and trading philosophy or logical method is. As soon as he hears what his friends say, he will blindly invest.

Bad mentality 5: Excessive generalization

"Dead duck mouth" is enough to describe such investors. They grasp a phenomenon or two in their minds, and add what they think is reasonable inference, and then "stubborn" never repent.

Bad mentality 6: follow the trend

At the beginning of the silver year, many investors were too optimistic about the prospects of silver, and they bought it when they saw others buying it. Some even regarded it as a "new star in the investment market" and risked their lives to chase the price. Later, on May Day, it fell from 10 yuan to 6 yuan in less than a week, and silver rebounded. Then such a trend-following mentality made many investors unable to get out at a high level.

Bad mentality 7: It's burning other people's money anyway

Why do many of the so-called guaranteed principal (or even poly) Private Offering Fund traders fail to make any money and make their promises go to waste? The reason is that most of them also commit the above six mistakes, and they are not top gifters. If you can't win, most of the private equity funds currently on the market are losing money, and it is difficult for investors to find a trader who can really make money. Most of them will bear to continue to entrust him to operate!