Don’t be fooled by the high trading volumeMy comments:
My heart ache whenever I heard a story like this especially retired people who has never been or out of stock market got seduced and slaughtered. If this thing keep on happening with more people having their fingers burnt, it certainly does not help when the retail investors have just shown some interest to get back to the stock markets. Now that "they" drove them to the ground.......it is just too cruel. The damage is pretty severe.
My this post is not to add salt to the injury but rather to remind ourselves that stock market is like a coliseum.. Once we have decided to enter the fight, there are only two outcomes - you kill someone or killed by someone. It is a no mercy game.
There are no amount of laws or regulations that can protect the ignorant, the unprepared or innocent. I certainly condemned short sellers with unscrupulous tactics to talk down market or stockists who "pump and dump".
We have been taught about food chain since we have been a kid. When we think about it, it is pretty cruel but that is the way whole eco-system works. There is always a prey and a predator. But not every caterpillar will be eatened. Many in fact turn into beautiful butterflies. What can we do to protect ourselves?
This short video taught us a lot about principles to stay alive in the stock market. It helps us to understand our brain better. Understanding of our brain and how to control them especially the amygdala part of our brain.
Don't lose faith. Stock market is still one of the best places to build long term wealth if we do it correctly. Cheers!