Maximum cost of doing a transaction

What is the most important cost of doing a transaction?

money? Money is available.

Time is the biggest cost , what is time? You can get money by selling time; time is limited, and the current average life expectancy is 77 years. time is life.

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Why are many trading strategies difficult to execute?

It is mainly a question of time span.

First of all , people like to enjoy themselves in a timely manner, and they like to get feedback in a timely manner, and delayed feedback will be uncomfortable. ​Trading is a kind of delayed feedback, and positive feedback and negative feedback are random, and it is not determined by whether your operation is correct or not. ​

Secondly, limited time will create pressure, such as birth, old age, sickness and death, marriage and childbirth, medical education and so on. This requires that some goals must be achieved within a specified time, resulting in the need to make money. Therefore, the mind of gain and loss arises. As time goes by, the focus on gain and loss becomes more and more serious, which eventually leads to physical and mental imbalance and psychological collapse. ​This is also the reason why many people lose confidence and give up trading when they encounter a loss period.

Doing transactions requires physical and mental balance.

Time and money must be secured to do business. Otherwise, you are not eligible to do business. If your life is very difficult and you put your only funds into the market, what will you eat next if you don’t make money? ​