To engage in securities investment, you must have certain investment ability, which is a comprehensive ability, including investment analysis ability, investment operation ability and investment profitability. Most people only understand the ability of securities investment as the ability of investment analysis, which is incomplete and very dangerous in your actual investment process. I. Investment analysis ability Investment analysis ability, also known as investment judgment ability, is the most basic ability in the investment system and determines the degree of the latter two abilities. The ability of investment analysis is reflected in your analysis method. An action or an action must be methodological, that is, investment needs a coping method. In my opinion, analytical methods are not fundamentally good or bad, or the methods you are familiar with are not good or bad. In fact, everyone who invests in the stock market has his own method, but everyone has not proved its success probability and failure reason through scientific statistics on the effectiveness and limitations of his own method, and has not constantly revised and improved your method on the original basis. There is no difference between good and bad investment methods. Whether the most important analysis method is suitable for you is the most important. Everyone should find a way that suits them. Other people's methods can be used for reference, but not all. This is another dangerous practice. For those who only read stock reviews and never use their own brains to analyze, in fact, even the most basic analytical skills are not well done, and the consequences of such people are even more terrible, so I won't elaborate here. The acquisition of investment analysis methods mainly comes from the biographies of senior investment masters and investors' own market accumulation and research findings. However, because the real investment methods are not protected like patents, it is not easy to see the real investment methods in the market, that is, the methods from traders and even investment masters. You read more books by stock critics. In fact, the analysis method of stock critics (or analysts) is of low value, so I suggest you have a choice. At present, there are four schools of analysis in the world, namely, academic school, basic analysis school, technical analysis school and psychological analysis school. The basic analysis school is used by investors all over the world, but for the current China stock market, I personally think that the capital flow analysis of the technical analysis school is the most important. In fact, there is no need to attack and refute different analytical schools. In fact, all kinds of analysts only expound one method of investment, which is reasonable and flawed. We should be able to distinguish the advantages and disadvantages and apply them comprehensively to our own analytical methods. The acquisition of investment analysis methods is as follows: first, learn the methods and works of predecessors; Second, find and accumulate their own research; Third, the training and thinking about the sense of disk; Fourth, study and communicate with others. Ability can be acquired through study and training. If you want to make a difference in the investment field, you must study hard by yourself. Second, the investment operation ability If the investment ability is compared to success, the investment analysis is at most 10% skill, and the investment operation is 50% skill. In fact, this is not a five-fold concept, but actually a problem of level differences. The main difference between analytical ability and operational ability lies in the determination of psychological pressure and entry and exit points. Seeing fire from the other side has no psychological burden. Some people say that stock reviews have to bear pressure when recommending stocks, but this word-of-mouth pressure is not as good as the immediate benefits brought by stock market fluctuations. When you hold a stock, your pressure will follow, and your psychological state will directly affect your thinking and even lead to your wrong actions. Your entry point and exit point cannot be judged and operated well. Your correct judgment will bring you losses and brokerage work. Coupled with the uncertainty of the market trend, you don't know how to deal with it and reduce your position. I don't know how to add a position or hold it. When the amount of funds is large, you will be too scared to place an order and your mind will become blank. When you meet a disc player, you will obviously feel the vicissitudes of his face, which is brought about by business pressure. If you meet a stock critic, his face is usually red, because he is under little pressure and supported by retail investors. How to transform your analytical ability into practical operation ability? Since it is ability, as I said before, we can achieve our goals through study and training. Especially simulation training is a very important part. The closer the simulation is to the real quotation, the better the effect will be. In simulation training, it must be true, and it is better to be supervised. The simulation training will be effective after a period of time, and it will be open for a period of time if you want to enter the small capital firm operation. Check the effect of investment analysis and compare the performance with the actual investment effect until it is the closest. What needs to be explained here is that when your capital suddenly increases, you must pay attention to the principle of prudence. Everyone has habit problems. When your capital suddenly swells, operators usually have a period of discomfort. Speaking of absolute, in fact, everyone has a "fixed number" principle in investment, that is to say, some people may only operate a maximum amount of funds in their lifetime. When the operating funds suddenly increase, maybe disaster will come. I have seen too many traders around me fall down when the funds suddenly increase, but if you operate large funds, it will be much easier to operate small funds. Remember this. Third, investment profitability There are many things that need to be done to transform operational capacity into profitability. I often hear a stock critic with strong analytical skills tell others that the performance of stock critics is often not as good as that of the person he said. Why? The actual profitability of stock reviewers is very weak. He didn't dare to tell his friends what to do in the future to make a profit, but his friends may all rely on this stock critic and have been waiting for his information and guidance, but unfortunately they didn't. If a normal file back, the stock review would have fled or cut the meat, while his friends were waiting for his information and profited from it. Not that his friend's profitability is stronger than that of stock critics, but that his friend has avoided great psychological pressure. The cultivation of profitability is mainly in psychological control, analytical ability, fund management and risk control. It is a kind of comprehensive ability training. You need to establish your own trading system, your own scientific investment concept, the correct investment concept, and carry out your own operational discipline to the letter. The improvement of investment profitability cannot be achieved overnight. In fact, it is very difficult to learn to make a profit. Another important thing is your market experience. People who have experienced 1993, 1994, 1997 and 1998 bear markets tend to be more profitable. Only those who have experienced a bear market can better understand the risks and comprehensiveness of the market. The accumulation of the market is very important to you. At present, I have contacted many fund managers who entered the market after 200 1, and I have great doubts about his profitability. Please don't simply understand investment ability as analytical ability, which is far from enough and dangerous. When investing, you should either cultivate your comprehensive ability. Investment is not a child's play, but a kind of learning.