1/07/2009

10 stock market classical

First, speculation is as old as the mountains

This sentence I was from the "hand of stocks for the memoirs of" see, every time I read all this in my heart it, although a short sentence but speculation Road to do the attitudes of the market, I seem to see long speculative long struggling people, including the authors of speculative himself after the failure of the speculative nature of the game will not change, human nature will not change, greed, fear, despair, ecstasy, and the outcome is often in the beginning when already doomed.

(If you follow the band to the center line for the definition of speculators, and the use of homeopathy for the transaction, and that the results would not be as hopeless. Those who have always tried to overcome by virtue of their small market smart idea, sooner or later the market will be merciless The eaten. only really know how to coexist with the market resonance investors, and ultimately the market will become a long-term winner.)

Secondly, I prefer the disposable people to pick up my

This seems to come from China, "Huo Zhi Biography Records of the Historian", "Huo Zhi Biography" contains a wealth of ancient Chinese private sector financial management thinking, "I prefer the disposable people, the person to whom I have to." Sima Qian was a surprise move as an important strategy in the stock market, I suggested that it would be "I prefer the disposable people, the person to whom I have to." as a basic way of thinking to use, more than in this way to think about problems in order to maintain vigilance against all kinds of predictions, and efforts greedy when others cautious, while in others when fear bold.

(This is typical of the opposite theory to understand, but that needs attention is the contrary, the theory is not applicable at all times.)

Third, rely on the confidence to buy, hold on patience, sold by the determination of

This is my early look at a manual on public investment to see, that book has collected a number of maxims, and the baptism of time, I now keep in mind is this, three sentences to invest in specific investment behavior stresses the principle of simple, thorough, thorough review of their investment experience, almost all of the error also includes the three sentence.

(To achieve that investors should not only go beyond the ordinary people have a strong heart and will, but also must have on the stock market has been the essence of the sense of understanding.)

Four, only the shareholding in order to make a lot of money

Would like to make a lot of money in the stock market, stock holders the ability to make an effort to learn, regardless of whether you have the level of index, whether there is the level of shares, can you really make money is how the true martial arts holdings, how to stake Research indexreason to recommend the stock as, say a few words to understand the short-term improvement of the content easy, it needs long-term investment experience, the psychological quality and continuous improvement in the use of an effective way to control risk.

(This is a real element of the true meaning of the stock market, the stock market investment holdings in order to make a lot of money only, rely on adjustment of the city in a rebound scramble to increase profits and make up for losses, in itself has been the main force into the trap.)

Fifth, the long-term enterprise value of stock price decision

This is my theory of the research value of the investment after a brief summary, after nearly a decade of investment practice, I feel that in order to study not only maintain but also to maintain a normal stock that they must set high and low stock prices on the criteria, even if you are using some simple criteria for judging it does not matter, it is important that you must have, you are on the market price level can not depend on whether the views in the upper and lower cost of funds, otherwise blindly superstitious large capital strength, If you are the main reason for the transaction of funds from the large signs, you can not concerned about the price, but not the transaction, you can easily buy into frequent, and because you do not have their own stock or low standards, it may lead to you often to follow those in fact, many individual with the same stupid big money in the stock market in general those who found value in value as the starting digging up the big money easily successful, it be easy to achieve profits, capital alone out of an attempt to control the market value of rampant speculation Finally, the outcome will not be promising, the stock market more mature, the more obvious this point. Supply and demand to create short-term fluctuations in prices, the intrinsic value of corporate long-term fluctuations in the direction of the decision.

Six, do not easily predict the market

To determine what level of share price to reach more than the projection of how long it would arrive at a certain level of easy. No matter how the forecast acquired skills, to accurately predict short-term trend rate of over 60% of it is very difficult, if you always try to stop the wrong out of the market, not only lose your money, but will continue to undermine your confidence, I think we should start from the fundamentals to find some long-term potential of the stock price, combined with a number of technical methods of proper control of risk as far as possible to live long-term holders of stocks, and for the long-term market movements to give a contour-based assessment. (Dow has long been the definition of the market day the unpredictability of clutter, only to grasp the trend. But the human smart aleck, leaving things to chance, greed fear weaknesses, all the time not to send away those who are weak in the mind of the people are constantly repeated the mistake. For example, the market now total some people, every day the market the next day, week or even every day ahead of the trend had been painted out of you, I really admire their imagination.)

7, the stock market fell like a month of storms is a normal phenomenon

This is's "victory over the Wall Street" in the sentence, "In fact, the stock market dropped like a month of storms is a normal phenomenon, if to be prepared, it will not hurt you. Each fall is a great opportunity, you can be selected by the storm to scare away investors to give up cheap stock. "I think this sentence is the image illustrates the cyclical nature of the stock market, people in the spring, summer, autumn and winter in the reincarnation unknowingly, while shares Change the market are often surprised, in fact, the stock market Change how the normal ups and downs, but our market is too short and sometimes it's spring, winter is too long, I would like it to stay in the northeast of people accustomed to understand it does not would be too difficult.

(New investors came to the stock market only start to look for risk, in order to live a long time. Stocks up and down, up more than down, or more will go up, this is the nature of the stock market.)

Eight, as simple as possible

This is a technical analysis of the U.S. expert John Murphy's "shares () technical analysis of predictions," a book repeatedly stressed in the introduction of a word, he means is the use of technical analysis of the time "as simple as possible", I understand the so-called as simple as possible is to grasp the core idea of using, such as the formation of short-term irreversible trend once. Stock shares, such as led to the election. In my practice, often remind myself to make their own investment philosophy, investment principle is simple, simple things will become clearer on their investment behavior is bound by a strong change, and it does not meet our principles *** things so they are prone, such as the Forrest Gump general, plain implication of the simple pleasures of life and true wisdom. (Only simple technology in order to be accepted by ordinary people, complex may not be practical. But to use the same technology many people, in fact, the success rate of warfare will naturally lower. Therefore, the open market has been the technology, if not through their own amendments and refined, most of its signals are wrong.)

9, continuously reduce transaction

This is from my numerous mistakes and lost money many times to understand the word, Buffett has said that "money here flows from the active investors have the patience to investors. Many" energetic "and aggressive Heart investor wealth gradually disappear. "In fact, no matter what your philosophy is to speculators or investors, this statement applies to all. Reduce your error on the start to reduce transaction begin.

(Frequent short-term transactions, the general stock market investors to invest the outcome of the inevitable failure. Because of frequent short-term transactions, will make you every moment of the holding costs are relatively high in the market, once the market is changing its stance, your losses will be terrible, believe that 5.30 is a very good witness and the lessons learned. Moreover, the stamp duty hike, the transaction costs also increased by 0.4 percent, the sale of a combined total cost of more than 1.2%)

10, stay away from the market, away from the crowd

"Rabble," a book stresses: the accumulation of the crowd is ignorance, not innate wisdom. Stocks of mind with you and the crowd is inversely proportional to the distance, do not recommendation stocks, less to talk about stocks, and the market keep a distance from the crowd with the daily price fluctuations and we should try to distant points, not to let the market drive mix you already clear transaction concept. University of times seen a Japanese pamphlet how to appreciate the joy of solitude, I like the book perspective, loneliness is a special kind of strength, if you feel a sense of loneliness and is happy, then congratulations to you, your mind is powerful. The noise in the stock market is the most should be a place of loneliness and isolation. Only then can certainly know, and then set to quiet, static and then to security, security and then to consider, and then to have to consider.
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