✍️The life of a retail investor, a simple life, has been a hot topic lately. Everyone is finding it increasingly difficult to make money, whether on-chain or off-chain. Even exchanges have noticed this; otherwise, they wouldn’t be shifting to gold, silver, and precious metals. After all, with trading volume declining, exchanges can’t make money either. So what’s the solution? Think about casinos—they’re not making money either. What should they do?🌟Are precious metals no longer in simple mode? Yesterday, gold experienced a huge FOMO, surging more in one day than its usual annual or even multi-year price increase. Also, @SuperBILI started showing off his positions; even he, a so-called “reticent bear,” has begun to do so, which means he’s probably out of the market. Yesterday, all precious metals and commodities were “exploding,” even the traditionally stable “copper” and “crude oil” took off. Of course, last night, with the “gold crash,” everyone started a “crash” together. Those trying to bottom-fish yesterday, as long as they didn’t get caught, mostly got back to where they started. This at least proves that, for now, “precious metals” are no longer simple. I chased the high yesterday and cut my long positions at the lows. When prices are rising, I’m afraid of buying too much and losing money on a pullback; when prices are falling, I’m afraid of buying too little, just in case it’s only a small correction. In the end, I found that buying low and selling high worked very well.🌟Is the US stock market still in a simple mode? The US stocks, which are mostly driven by the most aggressive traders like $SNDRK$MU$INTC , also experienced a big correction yesterday. But after the earnings report came out early this morning, $SNDK stocks exceeded expectations and took off, with the storage sector continuing to heat up. At least in this area, people are still hesitant to sell their holdings. The decline is quick, the rebound even faster, and new highs come even faster. However, this volatility is actually even greater than precious metals, and of course, it requires excellent psychological resilience. But one good thing about the US stock market is that after playing with “ground dogs” (small cap stocks), you realize that these “underlying logical” assets seem to “not go to zero.” The 50k/100k chain-on ground dogs, which are the result of global industrial efforts, make everyone cautious. It looks simpler than crypto, maybe even simpler than current precious metals.🌟The life of a retail investor really can’t do swing trading; it feels like no matter where they operate, they’re always rookies. At first, I thought it was just a simple experiment, a small position, but prices kept rising, so I kept adding. There’s only so much, yet I dare not sell, so I just hold on. Then it started to pull back, and I thought it was a good opportunity, so I tried to bottom-fish, but prices kept falling without turning around. I wanted to cut losses, but as soon as I did, prices rebounded. Watching the rebound, I wondered if the decline was over, so I chased a position, only for the rebound to stop abruptly, and prices started falling again. Staring blankly at the candlesticks, I had to start reducing my positions again🤣. Do less swing trading, hold more long-term positions; I can only hold on passively. If my trading sounds familiar, it’s purely coincidental. As an ordinary retail investor with average intelligence, I can only make money where most people are making money. If only smart people could profit from the market, I definitely wouldn’t be able to. So, even as a retail investor, I still do some reducing—cutting out markets where most people find it hard to make money and focusing on areas where the majority can profit.
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✍️The life of a retail investor, a simple life, has been a hot topic lately. Everyone is finding it increasingly difficult to make money, whether on-chain or off-chain. Even exchanges have noticed this; otherwise, they wouldn’t be shifting to gold, silver, and precious metals. After all, with trading volume declining, exchanges can’t make money either. So what’s the solution? Think about casinos—they’re not making money either. What should they do?🌟Are precious metals no longer in simple mode? Yesterday, gold experienced a huge FOMO, surging more in one day than its usual annual or even multi-year price increase. Also, @SuperBILI started showing off his positions; even he, a so-called “reticent bear,” has begun to do so, which means he’s probably out of the market. Yesterday, all precious metals and commodities were “exploding,” even the traditionally stable “copper” and “crude oil” took off. Of course, last night, with the “gold crash,” everyone started a “crash” together. Those trying to bottom-fish yesterday, as long as they didn’t get caught, mostly got back to where they started. This at least proves that, for now, “precious metals” are no longer simple. I chased the high yesterday and cut my long positions at the lows. When prices are rising, I’m afraid of buying too much and losing money on a pullback; when prices are falling, I’m afraid of buying too little, just in case it’s only a small correction. In the end, I found that buying low and selling high worked very well.🌟Is the US stock market still in a simple mode? The US stocks, which are mostly driven by the most aggressive traders like $SNDRK$MU$INTC , also experienced a big correction yesterday. But after the earnings report came out early this morning, $SNDK stocks exceeded expectations and took off, with the storage sector continuing to heat up. At least in this area, people are still hesitant to sell their holdings. The decline is quick, the rebound even faster, and new highs come even faster. However, this volatility is actually even greater than precious metals, and of course, it requires excellent psychological resilience. But one good thing about the US stock market is that after playing with “ground dogs” (small cap stocks), you realize that these “underlying logical” assets seem to “not go to zero.” The 50k/100k chain-on ground dogs, which are the result of global industrial efforts, make everyone cautious. It looks simpler than crypto, maybe even simpler than current precious metals.🌟The life of a retail investor really can’t do swing trading; it feels like no matter where they operate, they’re always rookies. At first, I thought it was just a simple experiment, a small position, but prices kept rising, so I kept adding. There’s only so much, yet I dare not sell, so I just hold on. Then it started to pull back, and I thought it was a good opportunity, so I tried to bottom-fish, but prices kept falling without turning around. I wanted to cut losses, but as soon as I did, prices rebounded. Watching the rebound, I wondered if the decline was over, so I chased a position, only for the rebound to stop abruptly, and prices started falling again. Staring blankly at the candlesticks, I had to start reducing my positions again🤣. Do less swing trading, hold more long-term positions; I can only hold on passively. If my trading sounds familiar, it’s purely coincidental. As an ordinary retail investor with average intelligence, I can only make money where most people are making money. If only smart people could profit from the market, I definitely wouldn’t be able to. So, even as a retail investor, I still do some reducing—cutting out markets where most people find it hard to make money and focusing on areas where the majority can profit.