The financial speculation is the intense and concentrated confrontation of commercial speculation

The challenges of financial speculation

The essence of financial speculation is commercial speculation, but it is a more intense and concentrated confrontation of commercial speculation.This kind of confrontation needs healthy body, agile and comprehensive information collection, careful thinking and interpretation, fierce psychological game preparation, correct cognitive belief, decisive decision-making operation, and strict risk control requirements. This is extreme difficult for a person. The genius like Livermore started with one person, and then he hired more than 100 people, the best trading team on Wall Street, to work together. This mode of division and cooperation has become the main mode of modern investment institutions.

Livermore: financial speculation is the most addictive game, but this game is suitable for those long-term learners who are diligent and constantly learning to improve their mental and cognitive ability.

The essence of speculative trading is game, and the art and skills of game need long-term learning and practice to reach a satisfactory level. Trading in the market is actually learning the war from the war. We must realize the cruelty of the market. The study of trading needs us to invest a lot of time and energy to cultivate.

Any conceited person ignores that the essence of transaction is the war game of knowing oneself and the enemy.

The essence of financial market is unchangeable, and keeping pace with the times is the characteristic of becoming a great investor. We should stand there and collect the true views of the main market participants, and should not argue with the market.