Greed is a taboo in foreign exchange investing

Greed is a human weakness and a taboo in investing. Overcoming greed is a basic skill that an investor must learn. James Cramer, the renowned market expert and investor, famously said: "Bull markets make money, bear markets make money, but pigs get slaughtered everywhere." This is the best advice for greedy people in the investment market. Cramer is very interesting. Whenever he thinks someone is too greedy, he plays a recording of a pig snorting. He believes that it makes sense for bulls to make money when bulls are bullish, and bears to make money when bears are bearish. In both cases, the long-term and short-term are beneficial. Only when his shareholders are as greedy as pigs, and he still refuses to stop after making a lot of money, will he be hit hard. Many people ask Cramer how he knew to stop selling short when the stock market was running at a high level for only 10 days in March 2000.

"I don't want to be a pig," was Mr. Cramer's not-so-serious, not-so-sharp answer. Mr. Cramer felt that the money he was making had risen almost in a straight line, and he had seen many of his stocks rise to incredible prices. Of course, there were plenty of reasons to stay in the stock market at the time, and some of them seemed smart and reasonable. But "cows make money, bears make money, pigs get slaughtered" was Mr. Cramer's philosophy, and it got him out in time to save the fruits of his victory.

So to speak,GTCforeign exchangeGreed is the main factor that causes heavy losses in investment. Greed can make investors lose their minds, their emotions are frenzied and difficult to control, and the desire for greed has no end. As the popular Internet song "Dead and Don't Sell" sang in 2007: Don't sell if you die, and don't get doubled if you don't get it. Greed is often deeply entrenched in our souls and hearts, and it is no easy task to overcome it. But if you can do it, there are often good returns.

There was a woman, a single mother, who was laid off, living with her children, and living a very tight and difficult life. The woman heard that investing in stocks in the stock market could make money, so she came. The woman was very modest and very studious. She spent the time others used to chat and play cards on learning about stocks, and she also had to do a lot of desk work after the close of the day. These are not the most important things. The most important thing is that she is not greedy. She has a mantra: "I don't want much, I just want a green onion!" The woman runs in the stock market with the ideal of "only earning a green onion", in the wind and rain. Many people disdain: buy 500 shares of a stock and earn 40 yuan without the handling fee, which is boring! After a long time, everyone used to call her "a green onion", and the implication was that she was not a green onion, it was simply "a tendon".

"A green onion" is not changed or shaken by everyone's words at all, and still insists on her own operation ideas and methods. Sometimes when a stock has clearly caught up with the daily limit, and the seal is quite dead, she will definitely choose to sell it on the day of the daily limit, and the eight cows cannot be pulled back. As a result, the next day, the stock that once rose low and walked low, and a long big yin stick ate up all the money that rose in the first day. At this time, people no longer speak, and "a green onion" does not speak. She has already bought a bundle of green onions for her children to make meat patties with the "petty profits" she earned yesterday.

Don't underestimate this "one green onion", there is a lot of knowledge in it. First of all, "one green onion" is not greedy, she knows the truth that "eating in the mouth is rice, and putting it in the pocket is money"; second, without her, let the dealer be ruthless again and again, I only earn one green onion. Nowadays, one green onion not only earns back the pocket money in daily life, but also adds up to a considerable amount of income throughout the year. Just think, if we always remember the theory of "one green onion" in our operation, not earning so much, but only earning "one green onion", then there will be no deep quilt cover, and there will be no sadness when cutting meat and leaving the scene.

A song sung by Wu Qixian in his early years: "I don't love so much, just a little bit, other people's love is like the ocean, and my love is shallow." It seems that this investment and love are sometimes connected. If you love too deeply, it is easy to see the scars. The same is true in the stock market. If your greed is too deep, it is easy to lose the initiative in your hands and become a "long-term general" in the stock market!

As an investor, the main purpose of entering the stock market is to make money, so everyone hopes that they can operate more successfully and earn more, which is a very normal psychology. But if this psychology evolves into an insatiable pursuit of money, it will form a serious psychological obstacle during operation, which may not only cause investors to lose many opportunities to profit, but also cause investors to suffer huge losses. The stock market is like a river. If you walk by the river and drink water when you are thirsty, you can also take a bottle and take it away. But if you want to drink up all the water one day, you want to jump into the river, but you may end up drowning.

Sucking low and selling high is the most basic operating principle for engaging in stock trading. But there is no certain standard for what is "high" and what is "low". Some people try to always sell to the highest point and buy the lowest point. In fact, this is impossible. There is no best buying and selling point for engaging in stock trading itself. Some investors keep raising the target expectation of stock price rise without careful study during the process of stock price rise, fearing that after selling, the stock price will continue to rise and make themselves short, thus losing the possible profits, and even buying up the ante when the price is already very high. This kind of greed often makes investors change from making big money to making small money, and even eventually turns into a loss. Some investors are reluctant to buy in the process of falling stock prices, always hoping that the stock price will fall and then fall, in order to buy the lowest point. This mentality seems to be cautious, but in fact it is also greedy, and often misses opportunities.

Of course, overcoming greed in human nature is not easy. But no matter how far or how difficult the road to overcoming greed is, we must have the courage and perseverance to overcome greed to the end.

Investment motto: Greed is a taboo in investing. Overcoming greed is a basic skill that investors must learn. Consciously stay away from greed and keep yourself sober at all times is the way to win in investing.