Optimistic

Being a person, we need to be optimistic and hopeful about our future. The key word is our future, not the surrounding future. No matter how other people think of the future, or how other people think of your future, it is none of your business. You have to find your future and find opportunity to your future, and there is plenty of options around. You have to walk out a road.

Being an investor, optimistic is the most important character. No matter how bad the economy, no matter how bad your own country is, there is always a lot opportunities. There is a lot of opportunities where other people overlook, and a lot of opportunities less explored. What you need to have is you have to look a head a little far. You have to be able to see other investor/trader don't see. This mean that you have to always make prediction base on current trend and development, which is overlook by most people, and take opportunity/action on your prediction.

This is not so difficult actually. A lot of investors/traders are too afraid of following their own sense. They are comfortable following the crowd, which form the market basically. I will explain further below about the market.

Market is operate in a reasonably efficient environment where all the prices always reflect the currently available information. Market participant trade everyday to reflect their expectation of the value base on information publicly disclose. Their value discount in pessimistic market and overvalue in optimistic market. The important point is market trade on information disclose. The share price move base on information disclose. But long term investor don't trade often. Only short term trader trade often. Opportunistic investor trade often. For an efficient market, trading is the most important thing. If the market is dominated by long term investor who trade very seldom, the market will not be efficient. In this sense, long term investors are minority group. This group of people has a lot of opportunity to outperform the market. They are the odd.

Of course, you need to have the confident to your prediction, and bet. Again, your prediction must be overlook by the market.

Don't be affected by the market. Make your own decision and be really optimistic because of your prediction and bet. That is what optimistic is all about.