Many classic sayings have been handed down in investment markets such as futures and stocks.

For example, cut off losses and let profits run. I am fearful when others are greedy, greedy when others are fearful, and so on.

But there are two sentences that many people understand wrong.

These two sentences are: I would rather miss it than make a mistake and I would rather make a mistake than miss it.

Think about it, what do you think these two sentences mean, which one is correct?

Some people say that these two sentences are opposite, and you can only choose one or the other. Others say that these two sentences apply to different methods.

But in fact, not only are they not opposite, they are still talking about the same thing.

① It is better to miss than to make a mistake.

Many futures and stock investors like this sentence very much. Every time they read it, some corresponding artistic conception emerges in their hearts, such as, calmness, precision, one hit will hit, every shot will be false, and if you don’t make a move, you will succeed. So, a birth is earth-shattering and so on. Then look at your heart, encourage yourself to keep learning, work hard to improve your analysis and research and development capabilities, and reach the top as soon as possible and become a master.

Chinese writing is extensive and profound, and many people misunderstand this sentence.

It is better to miss than to miss out on the mistake. It means missing the market and missing the profit opportunity. There is basically no doubt about this.

But what about doing it wrong?

Many people understand that making a mistake means that the order is in the wrong direction. If this is the case, then the meaning of this sentence becomes that I would rather miss the market than make the wrong order.

To understand it this way is to fall into a sinkhole.

Because no one can predict the market accurately. If you want to grasp the trend, you do not rely on accurate judgment or perfect prediction. It depends on taking risks and trying to gain profits. In other words, there are risks in any transaction, and the order cannot be good.

If you understand it this way, you will basically be lost in the illusion of pursuing perfect transactions.

In fact, it is better to miss than to make the most mistakes, which means that traders do not operate transactions according to their own trading logic. In other words, out-of-control trading results from traders being defeated by greed and fear.

For example, someone’s trading rule is to stop trading if he loses 1% of his capital, but one time, he lost more than 10% and still carried on with red eyes.

Maybe this time he can really fight back and achieve profits, but this kind of profits will bring wrong feedback. Make him doubt his own trading rules, and his 1% stop loss rule will be meaningless. Therefore, it is better to miss this kind of profit.

In other words, the true meaning of this sentence is that,

Traders must run transactions according to the consistency of their own trading logic, and trading actions that do not conform to the trading system should not occur. , even if the wrong action finally brings profits, the trading rules should be maintained and abandoned.

Transactions outside the rules should not occur at all.

② It is better to make a mistake than to miss something.

Many people sneered at this sentence.

Some people say that only place an order at the right time. If you miss it, you will miss it. Opportunities come every day. Since you believe in your ability, do you still worry about whether you will make a profit sooner or later?

Some people say that only by planning before taking action can you be victorious in every battle. This sentence is gambling.

People who say this may still be in the trap of the first sentence. Their main attack direction is the accuracy of prediction and the pursuit of absolute winning rate. They may not know that the nature of trading is trial and error.

This sentence is easy to understand. It means that I would rather make a mistake in my order and make a loss, because I don’t want to miss the big market. This is the core idea of ??many systematic traders.

This sentence has many hidden meanings. The most important point is to admit that you cannot predict the market and that the future is uncertain. The essence of trading is a process of trial and error, and the source of profit depends on the few large fluctuations in the market in the corresponding period. If you don't trade because you are afraid of losing money, and you are timid, and ultimately miss the market that can achieve huge profits, then your profit expectations will be significantly reduced. On the contrary, we keep trying and making mistakes, controlling the cost of each trial and error, and keeping it within the risk control range until the big market trend we are waiting for appears.

In other words, the core point of this sentence is to admit that it is not the winning rate that determines the final profit and loss result, but the winning rate * profit and loss ratio. People who agree with this sentence have basically given up on blindly improving the winning rate and focus on obtaining a stable winning rate * profit and loss ratio. This is the key to sustained and stable profits.

At this point, we will find that the two sentences, "I'd rather miss it than do it wrong" and "I'd rather do it wrong, it's not bad", seem to be completely opposite on the surface. In fact, they have no conflict. In fact, it is two aspects of a set of trading rules:

The first sentence talks about trading outside the rules, which is right and wrong. The second sentence is about any transaction within the rules, even if it is wrong, it is right, because the essence of trading is logical trial and error.

I love these two sentences.

I love the patience of someone who would rather miss than make a mistake, the awe of the unknown outside the rules, and the open-mindedness of accepting that one cannot control the future. I also like the determination to do something wrong rather than miss, the fearlessness within the rules, the determination to face all setbacks and hardships, and the domineering courage to move forward in the face of all obstacles.

These are the varieties and spirit that a qualified trader should have.

Two simple words hide endless meanings. In the world of trading, there is an absolute gap in perception.