The psychology of investors is to “buy at the lowest price and sell at the highest price,” but it is almost impossible to buy at the bottom and sell at the ceiling, and it is easy to fail. [Give me the head and tail｜Glossary of Financial/Securities Terms｜Stock Information au Kabu.com.
Trying to do the optimal action takes a lot of mindshare, but if you decide to go suboptimal, you can get a fair amount of value with little mental fatigue.
The story is that the head and tail get a lot of attention, but the “torso,” which actually gets less attention, is the opportunity to make money. No man can go past his own home without making a way.
2022-09-23
@tokoroten: Mr. BOJ, buying dollars at 78 yen and selling them at 145 yen, not too strong … Foreign exchange intervention in November 9.091 trillion yen, covert intervention around 1 trillion yen | Reuters - [Give him the head and the tail.
- Though many people started talking about it and many people started paying attention to it after the yen started weakening,
- Away from the people fighting over who gets the tail and who doesn’t.
- A player who’s had it for a long time, even before it was talked about, took the torso.
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