The more frequently transactions occur, the more this game resembles a life-and-death zero-sum game.
Old sayings have long reminded us:
In the short term, the market is a voting machine, voting on emotions and trends.
In the long term, it is a weighing machine, weighing value and fundamentals.
So for ordinary retail investors to truly turn things around, there is ultimately only one path:
Reduce the frequency of trading, lower it repeatedly.
Lower it until you can see that fluctuations are not risks but noise.
Duan Yongping puts it more directly:
In the AI era, do retail investors still think they can rely on short-term speed and calculate fluctuations?
Speed and computing power are not even in the same dimension.
Recently, that buddy who has blown up several times has jumped back in to go long again; will this time end differently?
History does not simply repeat itself, but often carries similar rhymes.
The market is always there, opportunities are always available, but capital is not always present.
Don't hide your laziness in choices with the diligence of actions.
Move less, observe more, waiting for the position that truly belongs to you often takes you further than constantly fidgeting.
