Today, Xue Song emphasized again in the live broadcast: "Doing short-term is not the path ordinary people should take."

Many people think that short-term trading is the simplest and fastest, but in fact, it is just the opposite—short-term trading is the most difficult among all trading methods and is the hardest path to maintain a stable annualized return over the long term.

I used to say: Wall Street has always had radicals and has always had steady players, but you can hardly see those who are both old and radical. Those who can survive in the market for a long time will ultimately, without exception, move towards a reverence for risk and a pursuit of certainty.

For most people, frequently chasing hot topics for speculation is essentially a race against emotions. Hot topics often emerge when the spotlight is brightest, but they are also when risks accumulate the fastest. Ordinary investors find it hard to gain an advantage in such a game.

A more rational approach is either to preemptively position oneself at the point where the trend has just begun, patiently holding onto the complete wave until the logic is finished before exiting; or simply to reduce the weight of subjective judgment and directly allocate to broad-based indices, leaving time and compounding to the market.

The market never rewards the most diligent people, but rather those who recognize their own limitations and choose the right path. For the vast majority, taking it slow and steady is often the easier way to go far.

The victory of short-term trading belongs only to an extremely small number of professional traders. Ordinary people simply can't handle it! Stop exhausting your capital!