Tao Lei was born in the early summer of 1982 in Hangzhou, a paradise on earth with beautiful mountains and rivers, land of plenty and land of silk. His grandparents are honest farmers in Hangzhou, his grandfather is a smart Wenzhou native, and his grandmother is a simple and kind Tonglu mountaineer. His father is a chef in the Third Hospital of Hangzhou. His father has been working in the Third People's Hospital of Hangzhou since he started working. Perhaps it is influenced by my father's persistence and concentration. Or perhaps it is because he lost his mother in childhood, and an incomplete family gave him a desire for a perfect life at the top of society. It has created such a kind-hearted, witty and intelligent financial star with superhuman imagination and insight.
During his investment in China A shares, he read a lot of well-known theoretical knowledge at home and abroad. And learn from each other's strong points to establish a set of low-risk and high-precision theories named after their surnames-Dow Theory.
Dow theory points out that the stock index is not unpredictable, and can be judged according to the energy, intensity, duration and trajectory produced by each stage of the index trend. After calculation, the energy, intensity and required time of the next wave of motion are obtained. Among them, the Dow fool index stock selection method enables investors to be invincible in the speculative market regardless of the bull and bear market and fundamentals. And his "Dow cycle theory" can often accurately predict the top and bottom time and point of financial index. Is its general theoretical essence!
Dow Theory is an application program, which can accurately predict the economic development trend, especially the time and position of the top and bottom of the financial index in the capital market. It is a set of theoretical knowledge with high accuracy, which is based on the periodic theory and combines the essence of Gann theory, space-time theory and Fibonacci sequence. We can predict the future with amazing accuracy every day, at least for natural or astronomical events; Secondly, because there is a clearly defined recurrence period, my expectation may reach a high accuracy. And these periodic phenomena also exist in our lives. For example, every revolution of the earth around the sun is one year; The moon goes around the earth for one day; There are four seasons in a year, one season is March, spring sowing and autumn harvest. These are all circular phenomena! Deduct these cycles into the future and you can predict the future! From the analysis and investment experience of some famous investors in the past, it has been proved that business cycle, stock market cycle and commodity futures market cycle do exist. Dow's theory is to use these cycles and cooperate with the application of some actual combat indicators to accurately predict the future. Therefore, the stock index is not unpredictable, and can be judged according to the energy, intensity, duration and trajectory generated by each band of the index trend. After accurate calculation, the energy, intensity and required time of the next wave of motion are obtained. It's like throwing a ball from your hand. According to the speed, angle and strength of the ball, we can get the position where the ball falls and the route it passes. It is also like the tide of Qiantang River, which rises and falls wave by wave. From only one direction, the strength and speed of each rising wave are well grasped. However, when the tide returns and the rising waves overlap. Need to calculate the result of superposition or subtraction after the rising wave and tidal energy are cancelled! Often the difficulty and mistakes of operation appear here.