There are only two types of people who really make money in the market: One type of people is talented, extremely smart, and very hardworking. They are as keen as foxes in market opportunities, and can often catch hot spots, and can make tens of millions from hundreds of thousands in a year or even a few months. Many car heads are this type of people. But this type of people, ordinary people really can't learn, and may never learn in their lifetime. Their talents, personalities, and IQs are innate. There is another type of people, whose IQ, personality, and talents are average, but they are optimistic about the market, have their own cognition and principles, and they only buy good targets or top targets recognized by the market, hold them for a medium and long term, and seem to have done nothing, but they also made dozens of times in the end. The sad thing is The first type of people is extremely difficult to learn, and may not even make 1%, and they can't learn, but people are scrambling to learn. The second type of people can learn, but many people disdain to learn. Because the first type looks "handsome", "glorious", and "fast". The second type looks "slow", "rustic", and "no sense of operation". But the ending is often: The first type can't learn, and finally lose money due to emotional impulse. The second type is unwilling to learn, and ends up losing money in a bull market. What is really worth practicing is the ability to be the second type of person. It's not about not moving, but moving less. It's not about holding it, but holding it based on the big logic; If you want to be the second type of person, the key is to do these things: Stable cognition: Why do you hold it? Track, structure, cycle? Can the logic be explained? Setting principles: Take profit points, increase frequency, and loss tolerance must all be set in advance Be as still as a mountain: Don't be led by emotions, don't operate blindly based on news Tolerate profit retracement: In a wave of market, it is unrealistic to want to eat the whole segment without spitting it out several times Avoid heavy emotional stocks: No matter how hot the subject matter is, you can't gamble away from the fundamentals In the process of holding, I think the most important thing is principle. If it goes up, you want to stop profit, if it goes down, you want to stop loss, but you are afraid of losing more when you add positions. Or you may have formulated a buy-on-every-fall strategy from the beginning, but you dare not cover your position when the price drops. This is a lack of principles. There is nothing wrong with selling high and buying low, but after you sell, the price does not fall back, or it goes up again before it falls to your price point, then you are basically out.