Category: Money tips Release Date: 2006-06-29
A: The stock market of the most scary thing is, sometimes the worst predictions may be the wisest decision-making basis. But this situation is an evil trap, make people believe that without the expertise can be vertical and horizontal markets. Therefore, my advice is: To understand the stock market is very competitive. When buying or selling stocks, you are in competition with professional rivals and often opponents of these professions will give you a head-on blow.
Q: Do you mean do not underestimate the stock market investment?
Answer: Yes. You do not have a high risk stock market investments, so the concept of benefits are also high. This idea is wrong. The concept is that you should have: a high risk stock market investments, so you must try to create a high-yield, to continue to survive in the stock market. Also, do not think that mutual funds can get a higher return on investment. Those engaged in investment would have to decide a reasonable return on investment, and find out whether there is an opportunity to reach that goal.
Q: What are an element of a successful transaction?
A: The success of the transaction must obtain two conditions for the balance ot these two conditions: to adhere to their own views on the stock market as well as the flexibility to admit mistakes. To achieve a balance between the two, you need errors and the accumulation of experience. In addition, you should remain wary of counterparty. You should always ask ourselves: Why do you want to buy, he wants to sell? He knows you do not know what happened? Finally, you must be honest to himself or others. Far as I know, successful traders are truth seekers.
Shitanhade the operation of the so-called unique concept is basically the reverse operation. However, you can not rely solely on observation of the stock market, they rashly engage in reverse engineering. The stock market is not so well mixed, the key to success is not to engage in the reverse operation, but to choose the timing of the reverse operation.
Flexibility is another element of the success of Shitanhade. Shitanhade flexibility is reflected in both do more, but also short, and the stock market plummeting, it will be investment targets shifted to bonds, futures and other markets, trading strategies.
Successful traders coincides with the timing is good, most of 'able to hold to a very large number of parts. This approach requires both courage and insight, is also a need. The Shitanhade in 1981 and 1982, a large number of holders of treasury bills, provides a good example of operation.
Self-confidence is the secret of success
Confidence that any one trader prerequisites, however, engage in this type of Shitanhade contrarian traders are particularly important. Shitanhade believe that their own views is correct, even though this is a momentary encounter combat, but also insisted in the end. For example, he bought bonds in the spring of 1981, while the interest rate six months of the time the site of his adverse possession. Shitanhade pressure, in fact also not just here, in this six-month periods, his fund investors have been blamed why he did not properly operate in the stock market to buy Treasury bills, which enabled him under immense psychological pressure. Nevertheless, Shitanhade remained firm in his position. If not Shitanhade their confidence. Today we have not heard the name of the Shitanhade.
In addition, Shitanhade also emphasized that there is no formula to follow market transactions, the. He pointed out that the market is constantly changing, while the smart traders must be able to adapt to these changes. Shitanhade said: want to find a formula traders trade, sooner or later fail.
