Melty's 2020 trading growth path

I'm so happy and grateful to the moomoo community for providing such an event!
I originally wanted to go back to my mind and review my past trading investments, so that would be great. But it sounds like I won't let my memory last long. Just write a summary to better examine my trading path and growth during the year.

#只有亏过钱，才能学会赚钱 #
#不交学费，学不会 #

[Correct your investment mindset]

“Profit” is our ultimate goal, and “loss” is a necessary process.

A loss! The loss wasn't because I had a bad vision (I wouldn't admit it, even if it was), but because I didn't find the right way to make a profit.

The way to make a profit is very simple: buy low, sell high. I understand the truth - why do they still lose money?

If you don't “cut” for a day, profits won't be added to your account for a day!
“A broken arm or leg is better than losing half of the body!” @阿里巴巴巴 Thanks to this moo friend for the great summary!

So why is this happening?
I later discovered that the loss was actually due to lack of management.

[Systematic management]

Systematic management: Use the “target management” you have learned for many years to set a target price and leave when you reach the goal; you also need to set a stop-loss price, so you must remember to set a stop loss!!!

Systematic operation doesn't make much money, but it can be profitable; if you accumulate less, you can make a lot! Don't be greedy!

[The mentality must be stable]

No matter what kind of wind or waves you encounter, you must respond calmly and calmly.You can't gain or lose because of small fluctuations; don't make decisions when your brain is congestedImpulsivity is the devil. Stay with Aoyama, I'm not afraid there won't be any firewood burning! There is no doubt that the mountains are heavy and there is no way; Liu Nan Huaming is once again a village!

[Don't think you, the stock market teaches you to be a human]

Don't judge entirely based on your own imagination, and don't blindly judge the right or wrong of the incidentInstead, you need to make judgments based on objective facts. After all, what you invest in the stock market is real money, but if you have a lot of money, when I don't say it.

For example, industrial hemp stocks, which were highly sought after before, electric vehicles, which were highly sought after before.
Study relevant knowledge with care, and don't make money beyond your knowledge. Rationally analyze the market and carefully study enterprises.

Attached is the children who made me profit and lose money in 2020, please take good care of me in the new year~

My favorite among electric car stocks!

$Li Auto(LI.US)$ Anyone who has watched My News knows that I often trade this stock ~ I have holdings, let's talk together

Long-term, steadfastly optimistic about Xiaomi!

$XIAOMI-W(01810.HK)$ I think many of Xiaomi's products at home, from electrical appliances to signature pens, are very easy to use. Xiaomi is playing a big game of chess, so I'm optimistic.