long term is risky, short term is riskiest, mid-term

wave-play is probably the safest and most productive way to earn money. Why long term is risky? because we know little how a thing will play in 10 years or more. We ignore EVERYTHING and all we have is a belief that over long term, things rise up, inflation goes up and historical charts proved this and that,etc etc. How can you convince yourself that an investment based on NOTHING but a overal belief is not risky?

Short term is certainly the riskiest since big fund can artifically manipulate virtually anything for short term of period. Most of times, small investors become the bottom in pyrimid to pay the bill.

mid-term wave play is good. you trade based on educated prediction, impression, intuition and you suject less to short term abuse by big money.

Lastly, we should NOT take any wisedom, knowledge as granted. since everyone draws some conclusions based on individual limited experience with well-defined circumstances. So far, everything we learn from US authors is written by people who happened to live a growth period of empire. No one is not 盲人摸象。

There are some people in this world who are slightly smarter. But there is no genius. we need to use our own brain, knowledge and think in abstract big picture. TA helps in timing.