What is the 28 rule?
The 28 law is also known as the 80/20 rule, and the Pareto rule (law) is also called Barrett's law, the law of least effort, the principle of imbalance, etc.
80% of a company's business is done by 20% of people - so many people use rewards to make these 20% perform better
80% of a company's profits are 20% of its customers — so the company is more thoughtful in serving 20% of people and improving the company's performance.
More obvious in the stock market
20% of people participate in hot purchases of stocks with obvious trends, while 80% buy stocks that have fluctuated and consolidated;
80% of people won't buy 20% of stocks, and this 20% increase in stocks exceeds 80% of profit income;
If 80% of people who buy a stock aren't optimistic or don't recommend buying it, then buy boldly.
If 80% of people are optimistic about this stock, then you need to be careful and get away with it quickly.
80% of investors want to make huge profits in a day and stop, and only 20% consider how to guarantee an increase in annual income on a 20% basis;
80% of people don't know anything about stocks, and only 20% have mastered the rules of the stock market;
80% of securities companies' commissions come from 20% short-term; while 80% of shareholders' earnings come from 20% of transactions;
In the stock market, 20% of institutions and large investors account for 80% of the mainstream capital, and 80% of retail investors account for 20% of the capital, so investors can only grasp the owner...
The 28 law is also known as the 80/20 rule, and the Pareto rule (law) is also called Barrett's law, the law of least effort, the principle of imbalance, etc.
80% of a company's business is done by 20% of people - so many people use rewards to make these 20% perform better
80% of a company's profits are 20% of its customers — so the company is more thoughtful in serving 20% of people and improving the company's performance.
More obvious in the stock market
20% of people participate in hot purchases of stocks with obvious trends, while 80% buy stocks that have fluctuated and consolidated;
80% of people won't buy 20% of stocks, and this 20% increase in stocks exceeds 80% of profit income;
If 80% of people who buy a stock aren't optimistic or don't recommend buying it, then buy boldly.
If 80% of people are optimistic about this stock, then you need to be careful and get away with it quickly.
80% of investors want to make huge profits in a day and stop, and only 20% consider how to guarantee an increase in annual income on a 20% basis;
80% of people don't know anything about stocks, and only 20% have mastered the rules of the stock market;
80% of securities companies' commissions come from 20% short-term; while 80% of shareholders' earnings come from 20% of transactions;
In the stock market, 20% of institutions and large investors account for 80% of the mainstream capital, and 80% of retail investors account for 20% of the capital, so investors can only grasp the owner...
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The first level of trading, I call it a “sponge.”
This stage is characterized by frantically absorbing and studying various theories, knowledge, and principles.
From Dow's theory to Gann's theory, from K-line charts to curve charts, from financial analysis to industry theory, from macro theory to trading psychology.
Anyway, everything related to trading is insanely absorbed.
This is the only way for everyone to invest and grow. It is a process of laying the foundation.
This is because the more solid the foundation is laid, the further we can go in the future.
Like a sponge, it is not difficult to absorb, it is difficult to remove coarse essence, it is difficult to digest, and it is difficult to blend in.
The second level of trading, I call the “lost person.”
The characteristic of this stage is: Dear, I understand the reason, but why is TMD not profitable?
The characteristics of the complex human physiological system are bound to be one thing, that is, there is a long circuit from understanding a certain principle to execution.
There are many things that can interfere with and damage this circuit.
It's like the Red Army marching 25,000-mile long march. In the middle, they had to climb snowy mountains and cross meadows, endure freezing and starvation, and they also had to make all kinds of maneuvers with the enemy, and die nine lives.
The difficulty of this circuit, from understanding the truth to putting it into place, is no less difficult than the 25,000-mile long march.
Because along the way, you'll encounter an extremely powerful enemy, your emotions. Like greed and fear. The power of emotion is so great; its power is 100 times greater than your power of reason.
That's not the scariest.
The scariest thing is that this emotion is also a part of you.
For example, when it's time to stop loss, you just can't bear it...
This stage is characterized by frantically absorbing and studying various theories, knowledge, and principles.
From Dow's theory to Gann's theory, from K-line charts to curve charts, from financial analysis to industry theory, from macro theory to trading psychology.
Anyway, everything related to trading is insanely absorbed.
This is the only way for everyone to invest and grow. It is a process of laying the foundation.
This is because the more solid the foundation is laid, the further we can go in the future.
Like a sponge, it is not difficult to absorb, it is difficult to remove coarse essence, it is difficult to digest, and it is difficult to blend in.
The second level of trading, I call the “lost person.”
The characteristic of this stage is: Dear, I understand the reason, but why is TMD not profitable?
The characteristics of the complex human physiological system are bound to be one thing, that is, there is a long circuit from understanding a certain principle to execution.
There are many things that can interfere with and damage this circuit.
It's like the Red Army marching 25,000-mile long march. In the middle, they had to climb snowy mountains and cross meadows, endure freezing and starvation, and they also had to make all kinds of maneuvers with the enemy, and die nine lives.
The difficulty of this circuit, from understanding the truth to putting it into place, is no less difficult than the 25,000-mile long march.
Because along the way, you'll encounter an extremely powerful enemy, your emotions. Like greed and fear. The power of emotion is so great; its power is 100 times greater than your power of reason.
That's not the scariest.
The scariest thing is that this emotion is also a part of you.
For example, when it's time to stop loss, you just can't bear it...
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