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Likes ReceivedThanks for the recognition from this capable Hong Kong big brother.
Tutu also strongly agrees with this big brother's motto:
"Wealth lies in strategy and wisdom, not in exhausting oneself; profit lies in positioning and timing, not in hard labor."
To translate the original: Getting rich relies on methods and wisdom, not on grinding your body down; making profits relies on assessing the situation and seizing advantageous positions, not on working hard without thinking.
⚠️ Tutu's understanding of the stock market is:
In a bull market (if you catch the main upward wave), you can make money even while lying down; in a bear market (downtrend channel), no matter how diligently you trade, you're mostly just giving money away.
The stock market isn't about who works harder, it's about who is better at riding the trend, leveraging the trend, and waiting for the right trend.
Don't mistake "restricting yourself" for discipline. Many people mistake "holding onto losers no matter what" and "averaging down on falling stocks" for perseverance, when it's actually self-imposed bondage.
True discipline is:
◦ Cutting losses decisively when a stop-loss point is hit
◦ Not being greedy, taking profits when appropriate
◦ Not borrowing money to trade stocks, not gambling with leverage
Controlling your hands and your heart is more important than controlling the rise and fall of your account.
The stock market isn't about getting rich through hard work; it's about monetizing your understanding.
Every cent you earn is the realization of your understanding of the market;
Every cent you lose is tuition paid for your cognitive deficiencies.
Tutu encourages everyone to keep striving!
$XIAOMI-W(01810.HK)$BABA-W(09988.HK)$MEITUAN(03690.HK)
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