Category: Money tips Release Date: 2007-07-17
I started Zuogu Piao is the wave of bull market, but doing we actually lost money.
Quotes of 1999 short squeeze that I use only a small amount of money Zuogu Piao, make a little penny. First half of 2001, the wife is said to have inside information of a distant relative, recommended to us by Dongfeng Motor. Sure enough, as it rose after the purchase said, and earned a small sum. After we bought one after another without thinking, he recommended a few stocks. If bought Shenergy 22.40 yuan, after buying has been dropping ever since, until below 18 per hour. Then tape began to fall, I have reluctantly tossed out. Others, such as Jiangshan shares, Zhejiang Guangsha, letters and other joint stock later dropped very drastically, the last time I saw the broader market has dropped more than 1800 points, all flesh thrown to lift trouble. After the break summed up a canon: The stock investments to independent thinking, do not listen to stock analysts do not believe inside information. Hopes on the profit of others who are doing good stocks.
When the 3 months after the Shanghai Composite Index fell 1,600 points, I re-entering the stock market. The lesson learned, as a retail no information advantages, Zuo Gupiao than to buy the fund, they bought a lot of closed-end funds. I did not realize broader market fell again, the fund did not escape, there have been increased to twice the market value above cost, but because without their own investment strategy, nor the stop-loss only profit, so stuck a long time. Later, I carefully studied the theory of many securities and investment experience Master gradually formed its own investment strategy. Combined with his financial expertise, summed up several investment discipline and financial management law, and firmly enforced. Investments in securities, I understand the "keep sense of balance, patience and confidence" for investment tips. Zuo Gupiao able to control their own mind would not do too bad. At the same time the actual holdings also follow "the establishment of stop-loss" principle, effectively control the risks and benefits.
I realized from the failure: As an investor must have a set suited to their investment approach. The next few years, I often look back once again to learn that several investment discipline and strategy to see if they have not deviated in operation. In this year's big move, I have successfully Tazhun beat the market average profit gained. Like this year's wave of market, I think if often concerned about the commodity markets, foreign exchange market and stock markets around, it will do handy.
