Xie Baisan believes that the stock market should see the big market clearly: "The bull market does not chase, and the bear market does not rebound." Why do you say that? Because only by seeing the big market clearly can we make more money in the bull market. In the bull market, if you catch the file back, the chance of stepping empty is far greater than the chance of catching the file back, which means that the risk mentioned above cannot be adapted. So is the bear market rebound. In addition, the odds of finding bull stocks in a bear market are relatively small. Because most stocks will fall in a bear market, it is too difficult to find bull stocks. It is estimated that there are not so few bull stocks, and God never shows mercy to them.

First, it conforms to the public psychology and is one step ahead of the public. In stock trading, we pay attention to being one step ahead of the public. If we don't walk in front of the public and always follow the crowd, we will probably eat whatever the stock critics recommend and buy. Because no matter how good a stock is, you have found all its advantages, and its share price itself already contains these advantages. If you buy it again at this time, the risk is greater. Also, we can only be one step ahead of the public, not too many, and too many results are sometimes tragic. We say that in futures, if the general trend is going downhill, you are too ahead to open a position and are still going uphill, then you are likely to be pulled out, or broken. In human history, Copernicus and Galileo were great. They invented Heliocentrism, but they were too advanced, and the result was tragic. Sometimes one step ahead of the public is also reflected in the fact that we can take advantage of the public's wrong psychology and end it one step ahead of schedule. How can I put it?

For example, when studying the direction of current movement, we always talk about the direction of positive charge movement. In fact, we know that the positive charge does not move, the electron moves, and the electron is negatively charged. Therefore, it is wrong to invent electric current from the beginning on this issue, but when many people think that the mistake is correct, you don't need to pull the faucet hard, and people will say that you don't understand. Let me give three examples to illustrate my point. One thing to note is that I will give you an example. Sometimes the same example will be used in many different places. Because the number of transactions is small and the big transactions have only been done seven or eight times, I can't give many examples like some investors who trade as many stocks every day.

One is the example of Jintai Fund. At that time, I bought 50000 1 Jintai fund, and when I issued the prospectus, there was a clause saying that I could place new shares in the fund. However, because this article was not obvious in the prospectus, many investors didn't care at that time.