Jesse Livermore's famous words of personality remember that the stock market is not driven by reason, logic or pure economic factors, but by human nature that will never change. It will not change, because it is our nature. [4] There is nothing new on Wall Street or in stock speculation. What happened in the past will happen again and again in the future. This is because human nature will not change, and it is emotions based on human nature that make people stupid. I believe that. [4] Both cows and bears can make money, but pigs will be killed. Hopefulness is one of the remarkable characteristics of human beings, and fear is also another remarkable characteristic. However, once you mix hope and fear into speculation, you will face extremely terrible danger, because you are often confused by the two emotions, thus reversing their positions-you are full of hope when you should be afraid, but you are uneasy when you should be hopeful. Never undervalue a loss-making position. Be sure to engrave this idea deeply in your mind. The real market will not end from the beginning in one day. A genuine market always takes a while to complete its final stage. Don't bargain with the market, and most importantly, never dare to confront it. I prefer to use the words "upward trend" and "downward trend", which appropriately express what will happen in the market in a certain period of time. Furthermore, if you think that the market is about to enter an upward trend and buy in the market, a few weeks later, after further research, it is concluded that the market will turn to a downward trend, and you will find that it is easy to accept the fact that the trend is reversed. Conversely, if you held the view that the market was in a clear' bull market' or' bear market' and your view was confirmed by the market, it would be much harder to change your mind now. By the way, whenever I lose patience, instead of waiting for the key point, I always lose money when I try to make a quick profit without chaos. Care about doing things right, not about making money. Buying at the right time is more important than buying as cheaply as possible. If you want to play this game, you must believe in yourself and your own judgment. My game is to look at the big picture and predict what will happen soon. The definite loss will not bother me, but if I fail to stop the loss in time, it will do real harm to wealth and spirit. In the stock market, there are no multiple parties and no empty parties, only the right one. Ordinary people don't want to be told whether this is a bull market or a bear market. They just want to know which stock to buy and which to sell. They want to get something for nothing and even don't want to think about it. Obviously, you can't sell stocks unless someone is willing to buy them, especially when you make a big deal, which needs to be kept in mind at all times.