Game of wealth requires strong will power
By Huang Xiangyang | China Daily | Updated: 2016-08-25 08:05
Believe it or not, I read The True Story of Ah-Q, by renowned contemporary Chinese writer Lu Xun, not as a literary work, but a guidebook to successful investment, either in commodities, stocks or funds.
The game of wealth is, in essence, all about human psychology. In order to survive in the money market, you not only need to have trading techniques, analytical skills or self discipline, but also exceptionally strong will power.
You must remain calm and resist the temptation to sell before your stocks peak. You must remain unfazed even amid drastic stock falls during corrections in order not to be scared out of the game.
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