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One common misunderstanding among investors is that the stock market will rise only if the economy is good, and the stock market will not rise or should not rise if the economy is bad. This is not the case. The stock market is the showcase of the economy. The stock market leads the economy because investing in the stock market is investing in the future. The misconception of ordinary investors is that they psychologically accept that the market will not rise when the economy is not good, or that the market will not rise in an era of high interest rates (for the same high interest rates, the beginning of raising interest rates, the mid-range of raising interest rates, and the tail end of raising interest rates are completely different.

One of the keys to success for investors in the market is independent thinking. All studying in class, reading books and our investment information, this kind of learning is part of the knowledge. There is knowledge that can be taught, learned, and researched, but knowledge is only part of investment success. Only knowledge that has been thought about by oneself is useful. Successful investors all have a part of "nothing" that has been internalized. It is based on correct investment knowledge and internalized into self-independent thinking and self-control.

Our cognition of external things is entirely based on past experiences. This experience and scene will continue to exist in our hearts. Whenever we see highly similar external things, although they are completely different from the past, we will combine them with our inner cognition and think that they are the same. For example, a person who is extremely afraid of dogs will be afraid even if he sees the tamest dog in the world, because he will regard the docile dog on the outside as the same ferocious dog that once bit him inside. So, in the past

To become a successful investor, you must understand economics, theory, history and psychology. Among them, only [psychology] is the most difficult and the most critical part to success. The most critical reason why psychology has become an investment is that the evolutionary process of our human hunting is animal behavior that focuses on short-term risks (worrying about tigers and lions; rather than focusing on long-term returns. Human genes that do not worry about short-term risks cannot survive), and investment is a market that completely opposes the psychology of human survival. [Investment Psychology] Unable to Complete

Investment must be in the opposite direction of the masses. When the general environment is favorable for the stock market to rise, a market fall is an opportunity and a good thing. The hardest thing about investing is overcoming the fear of falling markets. The mentality process of investors is as follows: When the market first rises and falls, investors don't feel it at all; when the market continues to fall, they think it is a long-term hold and don't worry! When the market continues to fall, think, ah! How can I sell it when it has fallen so much? I will lose money as soon as I sell it, so I decided not to sell it! 【Courage is great! 】 When the market decline intensifies, start to imagine the market

The same goes for investing and life! It’s about practice and faith! [Know], [Understand] It’s not difficult! But to the point of [believing] it’s a little hard. Sometimes I think I already [know] and [believe], but execution and knowing and believing are two different things. When it is impossible to execute according to what you know, it should still be "I don't know" or "I don't understand". Why do all religions have places like temples or churches that believers must visit at regular or irregular intervals? Christian, go every week.