Investors must have good psychological qualities

The stock market is a place with huge risks. Every investor must be fully psychologically prepared before entering the market, and do not worry about making money. And if you are overly happy, don’t be overly sad because of losing money.

Investors must have sufficient risk awareness

"Those who are good at using troops should worry about defeat first and then victory." In the stock investment market, risk must always be put first first, and profits second. We must strictly abide by trading disciplines, that is, "risk first, stop loss first".

Where is risk awareness reflected? Mainly the funds entering the market and stop loss. The funds entering the market must be money that is idle and not used in the medium or even long term. Do not invest money to support your family, provide for old age, prevent disease, or raise children in the stock market. You must not overdraft, borrow, or misappropriate public funds, otherwise it will definitely be a road of no return. , the 2015 stock market crash gave every investor in the stock market a vivid risk education lesson, allowing investors to truly understand what risk is. Many financing customers with low risk control capabilities suffered a devastating disaster. The wealth that you have worked so hard to accumulate throughout your life vanishes in an instant.

Investors must have the correct investment philosophy

The collapse of Enron in the United States in 2001 and Lehman Brothers in the United States in 2008, the collapse of Shenyang Huishan Dairy in 2017, and the collapse of Sinovel Wind Power Plunges and so on are living negative teaching materials. Enron's stock price peaked at US$250 in 2000 and fell to US$0.57 in 2001. The correct investment philosophy is that investors must stay away from junk stocks and always adhere to value investing, growth investing, Portfolio investments.

Investors must understand that it is difficult to make steel without repeated refining

Successful stock investors must go through big winds and waves, big ups and downs, big profits and big losses, big bulls and big bears, for five to eight years. The long-term training and other painful accumulation process, coupled with rich social experience, etc.

The level of personal IQ and the amount of theoretical knowledge are important, but how can we understand the true meaning of the market without going through historical rebirth and adversity? Only the battlefield can create heroes, only suffering can create strong men, and only hundreds of millions of people can create heroes. It’s not just that you can survive in the stock market for a long time by reading a few books. It’s ridiculous to rely on quantitative investment and model calculations to compete in the stock market.

Investors must have the diligent character to keep pace with the times and keep learning

Information, data, policies, regulations, regulatory measures and other factors that affect securities prices in the securities market are constantly changing It is changing every moment, and the investment style and speculation style of the securities market are also constantly changing with the changes of time. For example, from 2014 to 2015, we speculated on small and medium-sized junk stocks, and from 2016 to 2017, we speculated on high-performance blue-chip stocks. In 2017, the ChiNext Index hit a new low and the Shanghai Composite 50 Index hit a new high. Therefore, securities investment is also a book that can never be finished. There are endless unknowns in the securities market. If you want to do a good job in securities investment, you must continue to learn and learn again.

(1) Learn from books

In addition to having a solid foundation in securities investment, investors must also browse relevant websites several times a day. News happening around the world every moment (including real-time news on securities, futures, foreign exchange, gold transactions in various countries, various data, opinions, etc.) are all on these websites.

(2) Learn from the market

The stock market is ever-changing and mysterious. Only by constantly studying and adapting to master the changing market profit model and the main trading techniques can we keep up. The main force and the market can be invincible. The market's closing summary, opening prediction, market hot spots, market investment style, etc. are homework that investors must do every moment.

(3) Learn from others

There are many cases of success and failure in the Chinese stock market. Successful experiences and failed lessons are valuable wealth for investors. We must be good at learning from the experiences of others. Learn and improve through lessons.