I once worked at a securities firm for two years, and then founded my own private equity company, and I have met all kinds of people.

I have seen institutional accounts with more than one billion assets in a single account, as well as hundreds of thousands of veteran investors who are speculating in stocks, and college students who are just starting out and trying to make a living by speculating in stocks. These people have different styles of stock trading, and most of them focus on short-term speculation.

I have also seen colleagues go through ups and downs, and their families have been destroyed.

Generally speaking, the market is extremely cruel, and there are always only a few winners.

Elderly retail investors: As early as five or six years ago, the securities business department in Guangzhou would provide computers for retail investors to trade stocks, and customers with very large assets would have separate VIP rooms.

Most of these people are elderly investors who are generally not good at using computers. Secondly, they can talk about it in the business hall and share news (although most of the so-called insider information is invalid multi-hand information). Thirdly,

Pure entertainment.

Of course there are old investors who purely make money by trading stocks.

Times are changing rapidly. With the improvement of networks and hardware and the need for compliance, most sales departments have now abolished retail trading rooms.

As far as I know, among the investors who speculate in stocks in the sales department, only a few excellent customers can make money continuously and steadily, and most of them are retail investors who lose money or have ups and downs.

This result is not surprising, the one-nine law is normal.

There is also money to be made.

An old customer withdrew from the key account department after achieving stable profits, and went home to set up his own family fund to manage assets for his family.

Of course, it is also possible to help others trade stocks, but the follow-up is not clear.

This client has a good background and does not need to trade stocks for a living. Stock trading is purely for fun. He has strong understanding and risk control capabilities, and his stocks are mainly long-term.

He is around 50 years old, and his assets have increased from several million to nearly 9 figures.

There is also an aunt who is a professional stock trader, one of the few elderly people who can make stable money in the retail trading hall.

When I first came into contact with her, she only had assets of more than one million yuan, which was not much. During the conversation, I could feel that this old man had extraordinary conversation, clear thinking, and elegant manners.

After getting acquainted with her, I realized that she was a first-generation college student and had graduated with a bachelor's degree.

I think that if this aunt is not a professional stock trader, she will be quite accomplished in other industries.

In other words, I think this aunt, although she made money from stock trading, her life is not outstanding among the same group of college students.

It's a shame that she's trading stocks.

Because we make a living by stock trading, if we make money from the stocks we are optimistic about, we will sell them to make a living.

She bought Kweichow Moutai in 2008 and kept it for eleven years. In 2019, she sold it for 995 yuan. Although it had increased more than ten times, the money in her account was still not much.

Because she is a person who enjoys life relatively well. She occasionally sells stocks and goes abroad to play, and her mentality is extremely good.

Professional traders of colleagues who have resigned from a securities firm: To be honest, brokerage workers who are engaged in sales have nothing to do with investing in stocks. Those who are not from a professional background cannot even grasp the threshold of investment.

Therefore, many people who have resigned from brokerage firms feel that they understand stocks. This is actually a misunderstanding.

Unless you have experienced at least one round of bulls and bears, you can still make stable profits, but according to what I have come across, such people are too rare.

There is also a colleague who is a professional stock trader. He is a native of Guangzhou and came directly to the sales department after graduation. After a few months, he resigned and returned home to trade stocks.

With the hundreds of thousands at home, many years have passed, and now it is still hundreds of thousands.

Still unemployed.

There are also some colleagues who will help clients trade after leaving the brokerage firm.

But most of my colleagues depend on the weather. During the market boom in 2015, some colleagues became wealthy within a few months. However, after the stock market crash, not only did they pay back all their money, but they are now still heavily in debt.

In this circle, no more than two people can successfully set up a private equity company, and 80% currently do not have a house or a car (those who do have a house have already mortgaged it), but they are helping others to do business.

Of course, if you survive it and there is a bull market, it will be easy to reverse.

The question is, how many decades does a person have?

The market is contrary to human nature. Many people think too highly of themselves and regard luck as their ability. In fact, most people are just fools just walking randomly.

They all work hard and review the results carefully every day, but this industry is cruel and you will not get results if you work hard.

How many people have wasted their youth, wasted their bodies, and turned their hair gray, but still can't make money.

Therefore, doing brokerage sales is simply killing your friends.

In the long run, retail investors will lose more and make less.

Under the one-nine law, the probability is not in your favor.

Therefore, friends of securities firms, remember to be friends of time and never be enemies of time.

As can be seen from the above, whether making money or losing money, professional investors actually have a very low social status.

The growth of hot money like Xu Xiang and Brother Zhao is real, but the probability of success is too low.

As many people follow them as they do, they will be harvested. This is a short-term world, a zero-sum game.