I have a question that I thought about last night, but I couldn’t figure it out—Buffett said that his trading frequency is very low, and he usually holds a lot of cash in his hands, and then reads books and newspapers like crazy every day, and only takes a shot when he sees a good opportunity . You said that he is a professional trader, professionally engaged in investment, and only operated for a few months. How could he bear it? You rely on this for a living, but you can bear to not work for half a year, how dare you? Since trading is your job, you should stud every day! If you don't shuttle for a day, you will be passive and sabotage, and you will be fishing. My family, how is this so embarrassing?
Yesterday, I saw a blogger summarizing his 10 most profitable transactions in 2022 - the profit of 4 million dollars, mainly brought by 3 transactions, namely long lunc, short ftt, and long ape. These three made more than 300, and the other n transactions made the remaining dozens. He said that most of his transactions were break-even, and he made a profit based on these few transactions.
I listened to a blog last night, Fat Tail Effect, written by Taleb. In fact, the content is in the same line of thinking as his first book "Black Swan". The world is not flat, it is not the law of 2/8, nor the law of 1/9, and the average is meaningless, just like putting together the 200 people in our village and Buffett, with an average asset of one billion+, they are all top big The rich, in fact, all the money belongs to Mr. Ba. The same is true in investment. On the one hand, 1% of people earn 99% of the money, and on the other hand, 1% of the opportunities provide 90% of the income... This thing seems to make sense in real life. The decisions that really have a huge impact on your life seem to be just a few decisions, such as what university to take, what job to choose, what city to work in, what kind of job to do... that's all. Other seemingly unforgettable emotional experiences may take a while It's gone, and the impact is not that far-reaching.
Then again, as a full-time web3 coin speculator, I am lonely! Now whether it is an exchange or a dex, the liquidity is very poor, the trading volume is exhausted, there are no hot spots, no subject matter, no pick-up man, and I don’t know which one to shuttle with my hands full of eth!
A few days ago, I recalled several opportunities to make money in December:
At the beginning of the month, openai brought the Binance AI three Jie disk
In the middle of the month, Trump sent NFT
I made a twt in the last ten days
The others are all band opportunities, and it seems that these three are the only ones to make some money.
You count, an opportunity takes an average of 10 days, and when these opportunities come out, you must react very quickly, make decisions, and get to a reasonable position, otherwise you will be slapped on your thighs. Except for the few hours of decision-making, the rest of the month , it can be said that I am fishing, not because I intend to fish, but from the result-oriented point of view, if I don’t make money, isn’t it just fishing? !
Recently, I have spent a lot of time thinking about the meaning of existence. I am thinking about the most suitable thing for me to do, let's trade! If one day the blockchain fails and I won’t be allowed to play, I can go to the US stock market. Anyway, this set of things, in a new market, should be able to be used after a little familiarization and optimization.
For a while, after reading a lot about dopamine, I finally figured out what it is, which is simply desire. By releasing dopamine, it gives you the motivation to perform an action. In fact, the dopamine brought about by the transaction is also very violent. So there are many people who want to trade every day, even if they can't trade, they still want to make a 10u dog.
Life and death are bearish, just do it if you don't accept it! A full-time web3 day without a shuttle is uncomfortable~ I have a sense of disillusionment of passive sabotage, and I even feel ashamed in my heart, why don’t I work hard today, it’s the same as you fish at work! However, this kind of thing is wrong. It is wrong to be addicted to trading, addicted to speculating in coins, and hoping to get the dopamine secretion brought about by trading every day. This is essentially an addiction effect. A good trader should pay attention to the market every day, obtain a lot of information, analyze a lot of information, make decisions carefully, and follow up closely after making a decision. It's not over with one stroke of the shuttle.
Just like the title of the article said: For trading, if you don’t open for three years, you will have to wait for three years after opening! Opportunities to make money, just grasp a few of them!
If you really want to make money from trading, you have to endure loneliness~ If you don’t encounter an opportunity you can grasp, don’t rush to make a move. Even if someone else makes money, you don’t want to be fomo.
Don't earn money that doesn't belong to you, after all, profit and loss come from the same source!
The first lesson in 2023: Learn to live with loneliness, and work hard silently in the years when no one cares about you!
Add
