The most difficult skill in stock trading is long-term holding. How to hold long-term shares?

To make big money in the stock market, the ability to hold stocks requires hard work and learning. Whether you have the ability to study indices or choose stocks, the real skill that can make you make money is how to hold stocks.

1: Patience: "Successful farmers will never dig them up every few minutes after sowing to see how they grow. They will let the grains sprout and grow

2: The weakness of human nature is "fear": stop loss is easy, take profit is difficult, and the difficulty lies in the complex mentality of fearing gain and then losing again after making a profit.

3: Solution: Establish rules and enforce them. A good company can buy at a low price and hold on regardless of any other factors that may interfere.

The importance of patiently waiting for the right time and patiently sitting and waiting!!!

The benefits of patience. Waiting for the right opportunity can increase the likelihood of success. You don't have to be constantly in the market. As Edwin Lovell once said in his classic book "Memories of a Stock Broker," "The one who makes mistakes anywhere and at any time is a pure fool, and the fool on Wall Street thinks he must trade at all times." Famous investor Jim Rogers gave a more vivid description of patience when trading: "I just wait until I have money lying in the corner, all I have to do is walk over and pick it up." In other words, unless he is sure that trading looks as simple as picking up money on the ground, don't do anything.

The importance of waiting. Patience is not only important when waiting for the right trades, but also when maintaining ongoing trades. The key factor limiting profits is the inability to timely profit from correct trading. In his book "A Stock Broker's Billion Returns," Lover said, "It's never my thoughts that make me big money, but my hard work. Do you understand? I sit still." Bill Eckhart's comment in this regard is particularly memorable: "A common... but completely misleading saying is that profit doesn't make you bankrupt. This precisely illustrates how many traders go bankrupt. Amateur traders go bankrupt because they suffer big losses, while professional traders go bankrupt because they only make small profits.

The weakness of human nature - human nature is not to strive to expand profits, but to strive to expand opportunities for obtaining profits!!

Maximize profits rather than maximizing the number of wins. Eckhart explained that human nature is not to strive to expand profits, but to strive to expand opportunities for obtaining profits. This indicates that we cannot focus on maximizing returns (and losses) - a drawback that leads to suboptimal performance outcomes. Eckhart candidly summarized, "The success rate of trading is the least important factor when calculating performance, and may even be inversely proportional to performance." Jeff Yates, a very successful trader, discusses the same proposition: "There is a basic idea that applies to both playing poker and equity trading. Our main goal is not to win the opponent as many times as possible, but to maximize profits." He also said: "After experiencing so much on Wall Street, after making millions of dollars and losing millions of dollars, I want to tell you this: my ideas have never made me big money, always insisting on not making big money for me. Do you understand? I insist on not moving! It is not surprising that the market judgment is correct. You will always find many people who start long in the long market, and you will also find many people who start short in the short market. I know many people who make the right judgment at the right time, and when they start buying and selling, the price is at the level where the maximum profit should occur. Their experience is all the same as mine - that is to say, they didn't make real money from it. It is rare for someone to be able to judge correctly and persevere at the same time, and I find this to be the most difficult thing to learn. But stock operators can only make big money if they truly understand this