🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
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📖 Day 1 · Quiz (Single Choic
Today is the 353rd day of my dynamic posting, and it hasn't stopped for a day. Each one is not perfunctory, but carefully prepared.
if you think I'm a serious person, you can walk with me, and I hope that the daily content can help you. The world is big, and I'm small, so pay attention so that it's not hard to find.
It is an undeniable fact that the proportion of poor people losing money in trading is much higher than that of the rich. Why is that? A rich person has 10 million, and if they trade and make a 10% profit, that’s 1 million. This amount is enough to maintain a high-quality life for a long time. On the other hand, a poor person only has 100,000 as capital, and the pressure of living constantly forces them to trade frequently because they need to keep making money to survive. As a result, they will keep looking for trading opportunities and ultimately fall into a vicious cycle of becoming poorer the more anxious they become.
In trading, many people actually have misunderstandings about making money, believing that they must earn a certain amount every day or every month. This is why the mindset of working for a salary is not suitable for trading. While poor people are still anxious about mortgage payments, car loans, and living expenses, wealthy individuals are patiently waiting for opportunities. Their most common tactic is to seize a wave of opportunity, earning returns over 3 to 5 years, until the trend reverses, allowing them to exit gracefully and await the next cycle's arrival. It is this patience that allows them to remain calm and reap substantial rewards when opportunities arise.
A gentleman keeps his tools within himself, waiting for the right time to act. When the trading time has not yet arrived and the trend is still unclear, all we can do is continuously improve ourselves, accumulate resources, and prepare for a future explosion of wealth. Being overly eager can be as difficult to cure as a terminal illness. Why not try to view wealth through the eyes of the rich, building up gradually and waiting patiently? Only then can you seize your own trading opportunities and achieve a turnaround in your wealth.