If you want to read books, I can recommend you to read the two books of the securities qualification examination, Basic Knowledge of Securities and Securities Trading, and Securities Investment Analysis, which can help you understand the stock and technical analysis.
There are still some books you can read:
1) Memoirs of Stock Handwriting
2) Trading Champion
3) Wall Street Trader (Financial Grinch)
4) Wall Street Goldsmith (New Financial Grinch)
5) Trading Advice- You can also take a look at the investor education-simulated trading classroom
on the website of Shanghai Stock Exchange, which introduces eight major contents, namely:
securities account opening process
stock trading process
closed-end fund trading process
Shanghai Stock Exchange fund trading process
etf subscription and redemption process
etf secondary market trading process
warrant exercise process
bond repurchase trading process.
K-line chart, also known as candle chart, is a series of columns to indicate the level and fluctuation of stock price. Based on the opening price, the highest price, the lowest price and the closing price of each analysis period (that is, every trading day for daily K-line), the structure of K-line can be divided into three parts: upper shadow line, lower shadow line and intermediate entity. The rectangle in the middle is called a solid, the thin line above the solid is called an upper shadow line, and the lower part is called a lower shadow line. The highest point of the upper shadow line is the highest price in the current period, and the lowest point of the lower shadow line is the lowest price in the current period. The upper and lower ends of the entity represent the opening price and closing price respectively. ? The columns in the K-line diagram can be divided into positive and negative lines. Generally, a red hollow cylinder is used to indicate the positive line, and a blue or black solid cylinder is used to indicate the negative line. If the closing price in the time period indicated by the column is higher than the opening price, that is, the stock price rises, the column will be red, otherwise it will be blue or black. If the opening price is exactly equal to the closing price, a crosshair is formed.
K-line chart is intuitive, stereoscopic and informative, and contains rich oriental philosophical thoughts. It can fully show the strength of stock price trend, the change of power balance between buyers and sellers, and accurately predict the market outlook. It is a technical analysis method widely used by various media and computer real-time analysis systems. K-line analysis in actual combat must be combined with real-time time time-sharing chart analysis in order to truly and reliably understand the language of the market and understand the mystery of the stock price changes on the disk. The morphological neckline graphics in K-line morphological analysis and the analytical methods and principles of wave angular momentum are also suitable for real-time dynamic time-sharing trend chart analysis.
Let me introduce you to the lines of various colors in the market chart
1) White curve: it represents the weighted index of the market, which is often referred to as the actual index of the market published by the stock exchange daily.
2) yellow curve: the market does not contain weighted indicators, that is, the market index is calculated by considering the influence of all stocks on the index as the same regardless of the size of the stock plate.
With reference to the mutual position of the white-yellow curve, we can know that:
A) When the market index rises, the yellow line is above the white line, which means that the stocks with smaller circulation have a larger increase; On the other hand, the yellow line is below the white line, which means that the small-cap stocks are lagging behind the large-cap stocks
B) When the market index falls, the yellow line is above the white line, which means that the stocks with small circulation are falling less than those with large stocks; On the other hand, stocks with small stocks fell more than stocks with large stocks.
3) red-green column line: there is a red-green column line near the red-white curve, which reflects the ratio of buying and selling of all stocks in the market at the moment. The shortening of the growth of the red column line indicates the increase or decrease of the buying power; The shortening of the growth of the green column line indicates the strength of the downward selling.
4) yellow bar line: below the red and white graph, it is used to indicate the turnover per minute, and the unit is hand (each hand is equal to 1 shares)
If you still have any questions, please feel free to ask questions to the enterprise knowledge platform of Guotai Junan Securities Shanghai Branch.