Saturday, December 13, 2008

Philosophy

Do nothing

No buy and sell at most of time. The investment-holding period is about 6 month to 1.5 years. Only trade when there is extreme. When there is NO extreme, most of time, we should do anything. Doing nothing may be the most difficult thing to do.

Be right

Make sure that I know where exactly we’re anytime.

Sit tight

Sit tight to let profit to run, and ignore all market fluctuation on the daily basis.
You don’t need to be smart
Trying to be smart to timing the market is very dangerous when the extreme don’t form yet. As we know, market always goes extreme, either too high or to low.

Chan is helpful

You need to be quiet to repeat the same approach again and again until it becomes your instinct at some day.

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