Category: Money tips Release Date: 2006-02-11
I have completely forgotten mentor looked like, but remember that it was a 60-year-old Aunt from top to bottom, to be honest, kinda soil. Because her old contacts, I did not think her ideas can be in my stock investment (or speculation) to occupy such an important illustrious career position. Although her ideas only in the analysis, I expect to be effective, in my practice had not been a large area in use (because I am still young, shooting faster than the old Genghen). However, this impact on me, a lifetime benefit. Perhaps, her method of such an investment in today's high-paced life will not be shared by the majority, but since it is a successful experience, I think it is necessary and the site's loyal readers share. Whether to accept, that is another matter.
That was 94 at the time of. Consecutive year of crash (from 1558 points on the Shanghai Composite Index fell 600 points at the time area), so exhausted and discouraged investors, many stock investors a high degree of quilt. So they began to envy of 93 years in February 1500 points out of the sale of regional newspaper old lady, that is, my first teacher. They say she was 92 years in November at the 400-point area in the approach.
Teacher in a securities business department downstairs to sell Securities News, and she never upstairs to see market, it does not know what the stock stuff. And out of her judgments based on newspaper sales and the mood of people buying a newspaper. If the dramatic increase in newspaper sales, even though her husband call came too late to sell, buy journalists, everybody beaming joyfully do not even need a teacher to find small change, this time, the teacher will be busy taking the time to go and threw the stock; the other hand, if the newspaper business desolate, buy journalists, everybody frown less looking to buy up to a week off people do not even look at the teacher's next single will be a leisurely buying. The teacher told me that so few words:
When you think the stock market did not have to do is not done, vowed never again, the stock market will be up;
When you think up a few days the stock market will fall when the stock market will continue to rise;
When you think the stock market seems to also rose but did not dare to buy when the stock market will continue to rose;
When you think the stock market will definitely rise sharply, mortgaged his house and the car his wife and children wait for them to buy stocks when the stock market will fall;
When you think the stock market fell a few days to rebound, the stock market will continue to fall;
When you think the stock market fell, but may also be reluctant to flesh, the stock market will continue to fall;
When you think the market certainly will continue to drop tears flesh vowed no longer playing the stock market when the stock market will be up; so monotonous and simple to complete a cycle.
At first glance, the teacher's theory is absurd, and I began to laugh is over. Until my July 8, 1997 (yes I 96,97 Waterloo bull market, the sky Shanghai Composite Index Tandi 1066 points) at 8.90 yuan in Zhengzhou 100 thrown in (the unit impulse July 21 to 14.30 yuan, August 21 Mogao 16.23 yuan), I really understand the true meaning of those words.
In fact, stock trading is also a commercial activity, and the real economy is the same. To Kaifan Guan, for example. If the whole country knows Kai Fanguan to make money but do not dare to invest, then Kai Fanguan certainly earn money, because we all have to eat; if we all agree that money came in, then Kaifan Guan will be the most unlucky of an industry , because every person is a restaurant owner; Kaifan Guan, if we all know it is impossible, but reluctant to close, and then Kai Fanguan will continue to be a loss, because we were still a restaurant owner; Kaifan Guan, if everyone thinks that's nothing left to play scramble Zaguomaitie little restaurant little, then the restaurant does not want to make money is immune!
If investors are always wrong, if you want to do right, the only way is the opposite of most people to stand away from the 90% of the loss groups, with Western capital markets, saying the line, away from the sheep.
