There is a saying in the stock market that "one draw and two gains seven losses". So who makes money and who loses money? Before the answer is announced, we should make it clear that there are trading individuals in the stock market: retail investors account for 90%, and the rest are institutions. Subdivided, retail investors include pure retail investors and hot money, and the institutions are Public Offering of Fund, private equity funds (large-scale), self-operated brokers, social security funds, insurance fund investment trust companies and other institutions.
We might as well assume that the stock market is an ecosystem: (the return on investment lies in the unequal rules and information acquisition)
First, the organization is a group of elephants. The financial strength of the cattle group is quite strong, supported by first-class information and data teams. When the stock is lower than its intrinsic value, it will be bought and held for a long time. The power of elephants is unshakable, and they can all survive and make profits in the stock market ecosystem.
Second, hot money is an individual or team with certain financial strength and first-class investment experience, including retail teams with high investment experience and small private equity funds. As a special existence, hot money wanders between retail investors and institutions. The hot money is a wolf in this ecosystem, that is, groups of retail investors form small teams, fast forward and fast out, not only eating the big money of retail investors, but sometimes even the small money of institutional elephants.
Third, there are different investment levels among retail investors, which determines their role in the ecosystem.
The retail investors with higher investment level are the little wolves. They are used to investing in the medium and long term. Although lurking in individual stocks, although there are losses and wins, there are still positive returns on the whole. They have the ability to think and judge the general trend independently and are not influenced by the outside world and human nature. They have a trading system, which is the quantitative stop loss standard.
Retail investors with low investment level account for 30% to 40%, and they are lovely lambs in this ecosystem. Most of the herd effect is dominated by them, chasing up and killing down, and they like to fast forward and fast out. Day trading often falls into the trap of hot money, allowing them to slaughter losses.
Summary: When you understand that the stock market is a "zero-sum game" and the species differences in its ecosystem, and know where you are now, you can know who your opponent is. And some people don't know who their opponents are, so they have to cut their meat and leave. Study hard and practice hard to become the top person in the food chain. I wish you all a smooth investment in 2020.
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I'm happy to answer this question:
What does a stock counterparty mean? Generally speaking, some people sell stocks, others buy stocks, and counterparties use three data: volume, turnover rate and floor area ratio.
Volume is the core, and it is the source of strength to push the stock price up with real money. Small turnover, light transaction and insufficient kinetic energy. Most of them are super-large-cap stocks and unpopular stocks, and no one cares.
Investors are advised to stay away. The transaction volume is large, the transaction is hot, and investors' funds are surging forward, encouraging decisive intervention.
The turnover rate is an important data, which reflects the transaction volume. Generally speaking, the daily turnover rate is above 5%, which can be concerned, 10% or above, the transaction is hot, 15% or above is crazy, and more than 20% can quit at any time. This is also my experience in stock trading.
The floor area ratio is only a reference data, and its importance is generally not high. It only reflects the strength of buying and selling and changes at any time.
Taking this opportunity, I suggest that investors only do stocks with a holding rate of 8%-20%, which are hot, rising fast and chasing funds, so that your wealth can grow rapidly.
I hope this answer can help you.
First, capital dividend, that is, dividend, comes from the efficiency of the company's operation, which is the only incremental income in the stock market. Some people say that after stock dividends, stocks are the same as ex-dividend, and dividends are actually the same as no dividends, not to mention paying taxes. What kind of dividend is this? In fact, this is from the narrow sense of investment, we might as well look at it from another angle. After the stock dividend, you get a sum of cash. If you hold it for a long time, you hardly have to pay taxes. Another thing, as a shareholder, your corresponding rights and interests in the company have not decreased at all. This is not a dividend. What is it?
The second is capital gain, commonly known as price difference, that is, buy low and sell high, throw high and suck low; This may be one of the main reasons for the opponent's hand. This opponent's disk can be held in the market, not bought out in the market. Those who already hold shares can't wait for their stocks to rise rapidly and then leave at a profit. If you don't have a position, you can't wait for your stock to continue to plummet, and then pick up cheap chips at the low position. Another opponent's hand can also be the killing of funds in the market. In the stock rising stage, whoever holds the most shares will be the biggest beneficiary, while in the stock falling process, whoever holds the least shares will be the biggest beneficiary. Therefore, one of the keys for us to get the biggest profit is to reasonably judge the current position and trend of the stock! Of course, how the stock will go in the future is closely related to the international political situation, the level of economic development, the status of the industry and the operating conditions of the company. It is also closely related to the degree of pursuit of the stock by market funds and the strength in their hands.
You can learn more by private letter. I hope what I said above will be helpful to you. Thank you!
To do short-term trading, there is a very important focus on the outer disk and the inner disk. This is a dynamic display. In general, the software is displayed in the same column as the share capital and circulating value in the frame below the stock price. Simply put, the outer disk can be understood as the person who wants to buy this stock with a pending order, and the inner disk can be understood as the person who entrusts to sell it with a pending order. The outer disk is much larger than the inner disk, indicating that there are many people who are optimistic about this stock and many buyers. Then the result is clear. When a stock oscillates in the rising channel for many days, it consolidates on the 60-day K-line for many days without breaking. There was a trend of two positives and one negative, and the closing price almost reached the highest level. The outer disk shows 654.38+03,000 bills, and the inner disk shows 60,000 bills, showing a large net inflow. The next day, there was a good increase. For example, Batian shares showed a trend of 2 1 on April 20, and quickly closed the daily limit the next day.
Different investors in the stock market can be divided according to different standards, including institutional investors and individual investors, as well as locking and unlocking. We sometimes see information about the rival market in financial news, so what does the rival market mean?
What does the opponent's hand mean?
Counterparty refers to the fund plate with which investors open positions in the opposite direction. For example, if I buy a stock, then the investor who sells this stock at this time is my opponent. In the actual transaction, whether the opponent's disk is matched enough is the decisive factor for the market change. If you do a lot of work, if your order is less, then the market will continue to run upwards; When the opponent is short, the market will plummet all the way.
Investors treat different counterparties in different situations. When doing short-term trading, most of them are hot money. When doing long-term transactions, most of them are institutions. In addition to institutions and hot money, there are special counterparties in the stock market, namely market makers. Market makers are institutions that accept the buying and selling requirements of public investors. They exist not for profit, but to provide liquidity for stocks.
The meaning of the stock market is: buy and sell. Some people watch more, and some people will be bearish. Some people make money, others lose money. From the perspective of game theory, the opponent of small and medium-sized retail investors must be the banker, which can also be said to be the main institution; The main institutions must also set retail investors as opponents of the game. However, the opponents of major institutions are not one. In addition, there are many other institutions and hot money.
It takes a long time and many steps for the main Zhuang family to open a good stock. You must be quiet and eat slowly at a low position. The dealer will show traces of eating goods, so when the main force opens the warehouse, there will be n times of washing dishes and vibrating warehouses, and the small ones will be dumped. When they are pulled up, they need retail investors to follow suit and help them raise their share prices too high, so as to save money, better raise their share prices and prepare for shipment in the market.
Stock counterparties are buyers and sellers.
1. Opponents are buyers and sellers.
From the perspective of supply and demand, when the number of stocks circulating in the market is fixed, when the demand for stocks rises, stocks will rise; When the demand falls, the stock price will fall accordingly. The so-called counterparty refers to the person who trades with you when you buy and sell stocks. The person who sells you stocks when you buy them, and the person who buys your stocks when you sell them, is your opponent.
Generally speaking, everyone is optimistic about a stock, that is, the person who holds the stock does not sell it. Buyers can only buy higher prices. So once there is some good news, people who hold several daily limit stocks will be willing to sell.
2. What is the basis?
The judgment of the opponent's hand is generally judged by the volume. If the daily limit of the stock is small, that is, the stock is favored by most people, and few people are willing to hand over their chips. If the stock goes up, it needs a very large volume, which means there are differences between traders, otherwise such a large volume will not occur. Of course, it does not rule out the situation that a main player changes his left hand to his right hand. However, the strength of a purchase order is generally judged by quantity and price.
3. It is relatively difficult for retail investors to make money
For ordinary retail investors, it is difficult for most people to make profits in day trading for a long time. Because their own retail investors are in a weak position in the stock market, most of them make money from the rising stock trend. Retail investors make money, don't think it's their own skill. Maybe your income is mainly because you have earned money from rising prices.
In a word, the people you fight with are generally judged by quantity and price.
I want to buy a ticket, someone sells it, and the person who sells the ticket is the opponent; I want to sell tickets, someone buys them, and the buyer is the opponent.
The main consideration here is the liquidity of stocks. For example, I need to buy a lot of tickets, but not many people sell them. When I buy stocks, it is easy to cause excessive fluctuations in the stock price. For example, what I bought is not enough for direct daily limit, and the cost of buying stock price is too high. The same is true of sales. There are many tickets, and not many people buy them when they want to sell them. They can't sell directly at a limited price, and the selling price is very low. Therefore, if the amount of funds is too large, it is necessary to consider whether the opponent's disk is enough. To put it bluntly, it is whether the current market value of the stock is large enough and whether the turnover rate is satisfied.
Opponents are retail investors, main players and institutions in the market.
Simply put, the opponent's hand is a long-short game. You are in many ways, facing the air. There is a game between you, which is ultimately reflected in the impact on the stock price.