An excellent trader will make full preparations before the market opens to deal with various possible market conditions. Instead of trading aimlessly, they will make trading strategies according to risk parameters. They are well prepared because they have made a trading plan and everything is under control. They make action plans every day, so no matter how the market changes, they know how to deal with it.The core of value investment is to buy undervalued sustainable assets, time is your friend and impulse is your enemy = stable investor.In the financial market, winning or losing is a common occurrence for military strategists. But if we don't make a trading plan seriously every day, but trade blindly, it is often difficult to succeed.
Before there is a clear signal:Every investor should understand the reason why "the transaction does not match the plan", but in the securities market, understanding is not the same as profit.
If you are a "steady investor", it is suggested that you don't rush to act first, and then make moves after seeing the situation clearly to ensure the margin of safety.So, let's stop here today. I hope today's sharing can provide you with some valuable thoughts and inspire you. I wish you all a happy tomorrow.Today, there is indeed a high opening, but the range of high opening is not as significant as that on October 8. Assuming that today's market is close to the daily limit, then more investors will choose to flee, and their actions will be more decisive. However, many stocks only opened 3%-5% higher, which failed to meet the psychological expectations of some investors, so they chose to continue to wait and see.