Investors have gone through four stages of success Money Tips

Category: Money tips Release Date: 2006-02-02

An outsider investors to gradually explore, sharpen and ultimately become a successful investor, he (she) must go through the theory of learning, lessons learned, a summary of the psychological struggle within the long-term stability of optimism after the formation of self-avoid arrogance not greedy mentality (ie, not in material happiness, not to have been the supreme realm of grief). This process normally required about 10 years to complete, which means an investor from zero to success (that is the long-term in an invincible position) require decades of time (so many famous foreign masters such as Gann and others are generally used for a decade of time). This process can be divided into four stages. At each stage you have to pay a certain price (monetary loss, mental suffering torment), most successful people have paid a few million or even million-dollar financial loss, mental stress almost to a collapse of the realm, Some people had also appeared to commit suicide to seek relief. The following are authors I have 10 years of personal experience in combination with other many investors struggle summed up in four stages, for investors, hoping to inspire investors in the investment on the road detours.

1, theoretical learning stages (initial stage)

Investors initially entered the securities market in the interest of "student status as" diligent study, through professional books, newspapers, internet, television, and the surrounding friends and professionals to explain, to study relevant professional knowledge and experience. Stock operation, has little assertive, the shares we bought the TV stock analysts who are generally recommended or that a friend had introduced psychological at this stage mainly for money hungry anxious panic, not assertive, fill the , in order to make money, in order to get rich quickly not hesitate to take all the risks (in essence, fearless, do not know how much market risk), chase sell into his champions. He (she) eager to search for the law to make money, a process that normally takes 6 --- October and less educated investor needs a longer time. During this period he was to listen to the recommendations of others, buying and selling stocks suffered big losses.

Second, self-enclosed stage (hard temper stage)

After the first phase of study, temper, sum up, he quickly found the so-called "secret money" that this so-called "secret", usually with several indicators of volume and price analysis, and features a number of breakthroughs have Niugu form These books introduce the most relatively easy to grasp. Basically, most investors will be on the market these, but only a handful of people in order to master this art. These indicators closely share price, relying on them to operate within a certain period of time a lot of short-term chance of success, and sometimes even can buy at the lowest point of selling at the highest point.

Therefore, every operation a success, he had a great sense of accomplishment, their talent has finally found a stage to display their, ah! I "success"å•? So call self-confidence, impulse, vanity, arrogance and even dizzy. He recalls a time when just entering the market, those who had sold stocks he recommended people who frequent mistakes, which further enhanced his self-confidence, the more convinced must rely on their ability to make money, and that they think already has the ability to make money . Whenever the people around went wrong, or the well-known stock analysts out of a number of mistakes, while they to judge, and this made him more and I can only trust themselves more and more closed to themselves, the more of their own indicators to the more worship, while the right was surprisingly critical of peers who often jealous of other people's right, laugh at someone else's fault. Only external trace of respect for the monks still remaining. People around them are "white skin."

In the operation, frequent operation, you can not eat or drink that is in the hands can not do without the stock, a few minutes do not share or not to buy their favorite stocks rose on there, this time as heart uncomfortable just like cat-scratch. Moreover, most people prefer full warehouse operations, bought the stock rose to around to show off, or alone, triumphantly; bought shares plunge on the upset, depressed, or in exultation, or grief and state, or in a small hi little sad, or in a sneak leisure status (rare in this state), he really moved his truest feelings, then the relationship between him and the stock market as couples in the same day of lovers can not be separated from an opening must look Quotes trend, After the close Gansha Quotes can be that can not fail to see the trend. Stock trading, some quite ground preoccupied with price, purchase price must be at a minimum plus nearby, selling price must be at the highest price in the vicinity. While others are still in the chase sell into the market chasing hot plate, and he likes Mancang operation. Mind is almost only "making money" the word for the loss, the concept of risk is very vague. Operating results or earn big lose big, lose big or a small profit.

The second phase of the psychological changes, from one to listen to others, deceived the victim (passive, blind, panic), to the humble hard-working - urgent --- sorry, complaining --- --- self-conceited (admit defeat, not convinced Any person) --- ---- Daxitaibei arrogant. This repeated cycle. Learning, since the control of a certain theory or a few indicators, has been in a complacent state, self-confined, self-enclosed, it is difficult to accept other people's ideas. Feel that they are almost best in the world, and has also kept the others to "expound the texts say." Its failure was mourning, but also not willing to concede defeat for the total to find a lot of reasons to justify their own, or have to find someone else's fault, and in public (or in person) said that out, feeling that: I have a wrong, you also have wrong, he has made mistakes, everyone is wrong, himself, "there is no" wrong, trapped in the cycle of logic errors. This had never admitted defeat a very strong psychological numbness. Once made money is the credit for himself, things are almost always lose money because of the constant interference by others, or by other events in their own illusion of confusion caused. This time, his understanding of the stock market stock market up to no more than half of the total amount of knowledge, which is a dabbler.

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Numbness of his thought process rigid and frequent trading operations, to test his predictions to determine a result, when the sad time constant regret Hi, complaining moderate Yue, for him all day long soak in the stock market action is a kind of enjoyment, because it is his own money in exchange for a game, the operation is an exciting game, and as addictive as opium. Once on the addiction is difficult to control their own desires, no longer a rational Duirenduishi (mostly in the stock market), such as a serious gambler, covet your neighbor, he had neglected his own operation aims to make money, because he operate continuously enjoyed the "game" fun.

The second phase of at least five years of tough training, some even over 10 years is his success in the most difficult stage, as the Red Army 25000 where the "long march" as hard ah! Investment losses are the worst phase in the stock market lost hundreds of thousands or millions of losses in the period Shangyuan are alone. Because he wanted to get rich quickly but do not know how to control risk. Blindly self-confident, conceited, self-enclosed, thought numb hindered his progress. After heavy losses until he was only awakened, after he had three-way road, a road is desperate to leave the stock market; other way is reluctantly willing to listen to "high caliber" leadership; third way, a rest period of their own time, began to reflect, re-learning, re-build their own (so that only a small part of the investors).

Third, further study, reflection on summing up phase (master phase)

After several years of repeated defeat Dacheng toss but the end result is an extremely difficult temper defeat, he finally beginning to realize this, and aware of their level or not, the previous behavior is how naive ah! So, once again started to learn that the study is a systematic learning, including technical analysis of various analytical methods, fundamental analysis method, the investment portfolio, risk control and so on. Summing up past experience and lessons, theory and practice. In the mentality of self-cultivation, progress rapidly, changing Jiaokuang for humility, and gradually overcoming the reluctant to part with and fear. Is not moody, emotionally stable. The face of profit and loss can be in peace, no longer subject to interference and confuse others, and false, and the rose or fell on the Quotes are not in a great mood swings, and is no longer a good profit is no longer Jizao fear Tangong啦no longer show off their own, are aware of their shortcomings and to gradually change, with an open mind eager to learn is not volume, trying to find a long term winning method of operation.

However, the self-control capabilities are not yet strong enough. In operation, a new theory at this stage to learn the lessons of past-based, not frequent operation, performance on the large fluctuations are not essential to maintain the state in the low-profit or small loss. The most important at this stage is mind cultivation, and secondly, the systematic grasp of theory and analysis methods and techniques, and with practice. This phase must last for three years. This time, he would like the general master of martial arts, like, under normal circumstances would not be defeated opponents play, draw or lose a small small chance of winning more. If this time he met a successful Gaoren the Enlightenment from, would mean taking a number of detours from the time needed for success will be significantly reduced.

Fourth, a successful stage. (Enlightenment master)

After several years of study, hone and master the theory of a rich systems; be able to never forget the lessons and theoretical combine a; mentality, a lack of patience and impetuous, emotional instability, reluctant to part with, fear, assertive or aggressive, jealous, conceited , depressed state of mind basically removed, can truly do not make things happy and sad not to have been able to firmly control the unequivocal desire of their own (meaning in the securities and futures market). Able to technical analysis and fundamental analysis methods combine to risk controls placed in operation first. Found a viable trading system. Really apply what they learn to achieve a profitable long-term stability.

This phase is most important is the mentality to grasp. As a master of martial arts in the enlightenment, as proficient in a variety of martial arts, morality, and high-high level by the state of mind in the "ideas" and is no longer a martial arts.

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