If we, as speculators, follow the definition of mid-line band operation and adopt the method of homeopathic trading, the result will not be like that. Those ideas that try to beat the market with their own cleverness all day will be ruthlessly eaten by the market sooner or later. Only investors who really know how to keep up with the market will eventually become the long-term winners of the market. )
Second, people abandon me and take it, and people take me.
This sentence seems to come from China's Biographies of Historical Records and Huo Zhi, while Biographies of Huo Zhi contains China's rich personal finance thoughts in ancient times. People abandon me and take me, and people take me and give me. Sima Qian listed it as an important strategy to win by surprise. In the securities market, I think people abandon me and take it, while others take it for me. Facts have proved that the change of main funds and positions is the most reliable way to judge the entry and exit of main funds. If you can't see it from the disk, you can use a third-party website, such as "Financial Manager Network", and you will know the website. Real-time capital flow and position details in it and tracking of large orders have become necessary tools for retail investors. It is said that some people use this product to increase 16 times a year. As one of my most basic ways of thinking, I should think in this way, be alert to all kinds of predictions, be as cautious as possible when others are greedy, and be as bold as possible when others are afraid.
This is a typical understanding of the opposition theory, but it should be noted that the opposition theory is not always applicable. )
Third, buying depends on confidence, holding depends on patience and selling depends on determination.
I saw this sentence in a popular investment manual I read in the early days, which collected many aphorisms and aphorisms. After the baptism of time, this sentence is what I remember now. In a word, the principle of specific investment behavior in investment is concise and thorough. Looking back on my investment experience, almost all my mistakes are contained in these three sentences.
Investors who can do this must not only have a strong mind and will beyond ordinary people, but also have an essential understanding of the stock market. )
Fourth, only holding shares can make a lot of money.
If you want to make a lot of money in the stock market, you must study hard the skills of holding stocks. No matter whether you study the index or the level of stock selection, the skill that can really make you money is how to hold stocks. How to hold stocks is not as clear as studying indexes and recommending stocks, but it is easy to improve in a short time. It needs long-term investment experience accumulation, continuous improvement of psychological quality and effective methods to control risks.
(This really tells the true meaning of stock market investment. Stock market investment can only make big money by holding shares. If you want to increase profits and make up for losses by adjusting the rebound in the city, you have fallen into the trap of the main force. )
Five, the enterprise value determines the long-term price of the stock.
This sentence is a simple summary after I studied the value investment theory. After nearly ten years' investment practice, I feel that if we want to study the stock continuously and keep a normal mind, we must have a set of standards to judge the stock price, even if we use some simple standards, it doesn't matter. The important thing is that you must have it. Your view of the market price can't depend on whether it is higher or lower than the cost of big capital, otherwise you will blindly believe in the power of big capital. If the main reason for your trading comes from the traces of big funds, you can't pay attention to the price at the same time, but if you don't trade, you will easily fall into frequent buying, because you don't have your own stock price standard, which will make you often follow big funds that are actually as stupid as many retail investors. Generally speaking, in the stock market, large funds that speculate based on value discovery and value mining are easy to succeed and achieve profitability. If we try to control the market only by capital advantage without value speculation, the final outcome will not be optimistic, and the securities market will be more optimistic. Supply and demand create short-term price fluctuations, and the intrinsic value of enterprises determines the long-term fluctuation direction.
6. Don't predict the market easily.
It is easier to judge what level the stock price has reached than to predict how long it will reach a certain level. No matter how carefully you study the forecasting skills, the probability of accurately predicting short-term trends is hard to exceed 60%. If you make a mistake every time, you will not only lose all your money, but also constantly damage your confidence. I think we should start from the fundamentals, find some stocks with long-term price potential, and combine some technical means to properly control risks and hold them as long as possible, and at the same time give an outline of the long-term trend of the market. The Dow has long defined the unpredictability of the market during the day, and only the trend can grasp it. The weakness of human intelligence, luck, greed and fear makes those who are not determined to make mistakes repeatedly all the time. For example, there are always some people in the market who can describe the trend of the market the next day or even every day of the week in advance every day. I really admire their imagination. )
It is normal for the stock market to fall, such as the snowstorm in January.
This sentence comes from Peter Lynch's Beat Wall Street. In fact, it is normal for the stock market to fall like a snowstorm in January. It won't hurt you if you are prepared. Every decline is a great opportunity to choose cheap stocks abandoned by investors scared away by the storm. I think this sentence vividly illustrates the periodicity of the stock market. People are unconsciously in the cycle of spring, summer, autumn and winter, but they are often surprised by the ups and downs of the stock market. In fact, the ups and downs of the stock market are normal, but sometimes our market is too short in spring and too long in winter. I don't think it will be too difficult for people who are used to staying in the northeast to understand.
When new shares arrive in the stock market, only by thinking about risks first can they live for a long time. Stocks have gone up and down. If it rises too much, it will fall, and if it falls too much, it will rise. This is the essence of the stock market. )
Eight, as simple as possible.
John murphy, an American technical analyst, repeatedly emphasized this sentence in his introduction to the book Technical Analysis and Forecast of Stock Price (Futures). What he means is to use technical analysis as simply as possible. The so-called simplicity I understand is to master the core ideas and apply them. For example, once a trend is formed, it will be irreversible in the short term. Stock selection should choose leading stocks and so on. In my practice, I often remind myself to keep my investment ideas and principles as simple as possible. When things are simple, it will become clear and the constraint on my investment behavior will become strong. Things that don't conform to my principles will be easy. Just like Forrest Gump, a simple life contains fun and real wisdom. Ordinary people can only accept simple technologies, and complex ones may not be practical. However, with more people using the same technology, the success rate of actual combat will naturally decrease. Therefore, most of the signals of technologies that have been made public in the market are wrong if they have not been corrected and refined by themselves. )
Nine, continue to reduce transactions
This is a sentence I understand from the money I lost from countless mistakes. Buffett once said that here, funds flow from active investors to patient investors. The wealth of many energetic and enterprising investors has gradually disappeared. In fact, no matter what your idea is, whether you are a speculator or an investor, this sentence applies. Reduce your mistakes, starting with reducing transactions.
Frequent short-term trading is the inevitable result of ordinary investors' failure in stock market investment. Because of frequent short-term trading, your holding cost will be at a relatively high market level all the time. Once the market turns, your loss will be disastrous. I believe that 5.30 is a good witness and lesson. What's more, after the stamp duty was raised, the transaction cost increased by 0.4%, and the total transaction cost exceeded 1.2%.
Ten, away from the market, away from the crowd.
Fools are accumulated in the crowd, not born with wisdom. The mentality of stock trading is inversely proportional to the distance between you and the crowd. Don't recommend stocks, talk less about stocks, keep your distance from people in the market, and try to stay away from daily price fluctuations. Don't let the market machine confuse your already clear trading concept. When I was in college, I read a Japanese pamphlet about how to experience loneliness and happiness. I like the ideas in the book very much. Loneliness is a special power. If you are lonely but happy, congratulations, your heart is strong. In the noisy market of the stock market, a person is the loneliest place. Zhi Zhi can then decide, decide then be quiet, be quiet then be safe, be safe then care, care and get it.