Daily high sell low buy, probability of losing money 100%
Every two days high sell low buy once, probability of losing money 99.9%
Every three days high sell low buy once, probability of losing money 98.89%
Every week high sell low buy once, probability of losing money 97.5%
Every month high sell low buy once, probability of losing money 90.42%
Every quarter high sell low buy once, probability of losing money 88.27%
Every 6 months high sell low buy once, probability of losing money 70.16%
Holding cash for 1 year, probability of losing money 59.52%
Holding cash for 2 years, probability of losing money 32.30%
Holding cash for 5 years, probability of losing money 5.12%
Holding stocks for 10 years, probability of losing money 0%
From the above statistical data, you can see that the shorter the holding time, the more you lose, and the longer the holding time, the greater the profit. However, some people say, I don't have the patience to hold for such a long time; I would say this is also a reason for your losses.
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