Category: Money tips Release Date: 2007-07-20
A, speculation is as old as the mountains.
I have this sentence from the "Memoirs of the stock to hand," to see each time the sentence read all my heart stir, although the short sentence was Road to make speculative market phenomena, I seem to see speculation in the long river of people struggling, but also including the author shot himself after the failure of speculation, speculative nature of the game will not change, will not change human nature, greed, fear, despair, ecstasy, while the outcome is often at the beginning already doomed.
Two, people abandoned I prefer that people take me to.
This sentence seems to come from from China, "Historical Records Huo Biography", "Huo Tales" contains a wealth of ancient Chinese idea of private banking, "abandoned as I prefer that people take me to." Sima Qian as the surprise move was an important strategy, in the securities market where, I think it should be "abandoned as I prefer that people take me to." as their most basic way of thinking to the use of a more thinking in this way to maintain vigilance against all kinds of predictions, and to work when the greed of others cautious, while in others, when the fear of some bold.
Third, rely on the confidence of buying, holding by patience, sold by the determination.
This sentence is my early look at a manual of the investing public to see, that book has collected a lot of maxims, but the baptism of time, I now keep in mind is that this sentence, three sentences to invest in specific investment behavior the principle of talking concise, complete, thorough, review their investment experience, almost all of the mistakes include in these three sentences inside.
4, only the shareholders can make a big profit.
Would like to make big money in the stock market, the ability to hold the stock to make an effort to learn, regardless of whether you have the level of research index, whether the level of stock options, and truly enable you to make money real skill is how to float, how to float Research Index reasoning can not recommend the stock as the know say a few words, short-term improvement of the contents of easy, it requires long-term investment experience, continuously improving the quality of psychological, using an effective way to control risk.
Five, enterprise value to determine the long-term price of the stock.
This is what I have studied the theory of value investing after a brief summary, after nearly a decade of investment in practice, I feel that in order to maintain both the study of the stock while keeping a sense of balance, their own must have a high or low on stock prices criterion, even using some simple criteria for judging it does not matter, it is important that you must have, you are the views of high and low market prices can not rely on it in large capital costs down, or having blind faith in the power of big money, If your main reason for the transaction of funds from large traces, you can not side focused on price, but do not trade, you are very vulnerable to frequent buying into, because you do not own the stock are equal to the standard, so that makes you always In fact, in many of those who go to retail investors to follow the same stupid big money in the stock market in general those who find the value of mining as a starting value of speculation before the big funds tend to be unsuccessful, will be easier to achieve profits and capital as an attempt to control the market alone is worth the rampant speculation out of the final outcome will not be optimistic about the stock market the more mature, the more obvious point. Supply and price of the short-term fluctuations in demand creation, corporate long-term fluctuations in the direction of the intrinsic value of the decision.
6, do not easily predict the market.
To determine to what level of stock prices than had been projected to reach a certain standard of how long it would be easy. No matter how refinements of prediction techniques to predict the chances of short-term trends is difficult to over 60%, if every time you go try to stop the wrong out of the market, not only will lose your money, but will continue to damage your confidence, I think we should start from the fundamentals to find some long-term potential for the stock price, combined with a number of technical means to adequately control the risk as long as possible who live stock, and for long-term market movements to give an outline-style assessment.
7, the stock market drop in like a month of storms is a normal phenomenon.
This sentence is Peter Lynch's "beat Wall Street," where the phrase "In fact, the month the stock market dropped like a storm is a normal phenomenon, if to be prepared, it will not hurt you. Each drop is a great opportunity, you can be selected by the storm scare away investors to give up cheap stocks. "I think this sentence is the image illustrates the cyclical nature of the stock market, one in spring, summer, autumn and winter of reincarnation unconsciously, while the stock Change the market have often been surprised, in fact, how the stock market go up or down the normal ups and downs, but our market in the spring Sometimes it is too short, winter is too long, I think it right to stay in the Northeast is not quite accustomed to people to understand them would be too difficult.
8, as simple as possible
This is what the American technology analyst John Murphy's "stock price (Futures) technology analysis and forecasting study" a book in the introduction repeatedly stressed a word, he meant is to use technical analysis of the time "as simple as possible," I understand that The so-called as simple as possible is to have the use of the core ideas, such as the short-term trend is irreversible once formed. Shares and other stock picking led to the election. In my practice, often remind myself to try to make their own investment philosophy, investment principles simple and easy things will become clearer on their investment behavior also become a strong binding, and does not meet the principles of things will be easy to resist, and as Forrest Gump general, simple life implies a simple pleasure with real wisdom.
9, continuous reduction of transaction
This is from my numerous mistakes and lost money, many times understood in a sentence, Buffett has spoken: "Money is where the flow from the active investors are patient investors. A number of energetic and motivated Investor wealth gradually disappear. "In fact, no matter what your idea is a speculators or investors, these words apply. Reduce your mistakes on the start to reduce transaction begin.
10, away from the market, away from the crowd.
"Rabble," a book talk: accumulation of the crowd is stupid, not innate intelligence. Stocks of the mentality and is inversely proportional to the distance between you and the people, do not recommend the stock and less to talk about stocks, and the market kept a distance from the crowd, and the daily price fluctuations far point and we should try not to let Quotes machine blend you already clear trade concept. University read a pamphlet with how the Japanese feel lonely and happy, I like the book point of view, the loneliness is a special power, if you feel a sense of loneliness and are happy, then congratulations you, your mind is powerful. In the stock market this noisy market, are the most in Automorphic lonely place. Can be known only then, will then be able to quiet, calm and then be able to security, and security and then be able to consider, take into account and then be able to get.
