Category: Money tips Release Date: 2007-03-08
Pei Jing did not admitted to college after graduating from high school, so everywhere to look for jobs directly. Could be three years off work for a dozen, but not once did long. No academic qualifications are not the main reason the community does not need a lot of work qualifications. Work is mainly due to dry is not long because of his surname, PEI, PEI and "lose" are homonyms, so always be unemployed. Some of the boss an his surname Pei, immediately shook his head, immediately followed suit, "Do not." There are the boss of his own business, poor management, impulse, he turned to anger, saying that his name be inauspicious, and collision of the company or the store's "God of Wealth."
Left circumstances, Pei Jing would like to change his mother's surname, but the police station said: "The 16-year-old did not apply for identity cards can change the name before, you may now have more than 20, and can not be arbitrarily changed their names." PEI crystals his father heard that his son should be a change of surname is also urgent: the "Other people do not hire you does not matter, I would hire you, just I have no time to take care of the stock accounts. So be it, starting from the morrow, do you on my behalf in stocks and profit and loss does not matter, we as as is the exercise, by the way you can to learn more financial knowledge. "In this way, PEI to become a full-time grain stocks of the" wage earners. "
Because of this experience, he went into the stock market of ideas and other major shareholders are not the same: the market are holding other people dream of getting rich, and he would like to intervene in the market is "how much profit does not matter, only 10 million can not lose, and we should do they really want to be that no one dared to employ people who had. " In order to avoid losing money in the stock market, he read a lot of investment books, to sum up a variety of stock market rules, and give ourselves to develop a "safe investment rule 5," and has always insisted application. These five rules are:
The first is do not buy, instead of losing. Stock market risk, while significant, but if the firm does not buy, you need not worry about any risk. Whenever the weaker broader market trends, or the stock market uncertainties facing the risk, he has an immediate clearance, and then be patient. As most recently, Hu Zhi-point line in 1130 to build a platform for the trend, some people say that this is the bottom, and some people say that this is down relay platforms. Pei Jing thought: Whether or not the bottom, as long as the direction Quotes are not clear, just get out to wait and see, and so when looking to understand and then go. In this way, he was lucky to escape the broader market this week diving.
The second is to be arrogant in victory, defeat is not hungry. In stocks, when successfully if there is pride in psychology, it is easy to cause a variety of errors; while the time investment that results in the loss, but also often caused due to irritable mental operational errors. Therefore, maintaining a stable income on the premise that must remain stable state of mind, no matter in any circumstances, do not let psychological and emotional impact on their own operation.
Third, it is decisive stop. Pei Jing believes that any person can not earn, instead of losing, world-famous investment guru in the 479 transactions Gann There are also 57 pen losses, the success rate was 88%. The reason for this day is still known as the "investment guru" because he was able to decisively and correctly stop. Only in the event of failure of investment losses will be reduced to a minimum, be able to ensure the long-term profits.
The fourth is to control the operation of the rhythm. Throw in some profits after the stock only, or stop after the hands of the funds should be bored to live, not just a throw today, tomorrow or even the same day they buy. Pei crystal that frequent operations are often the "rush" has not tell the stakeholders will face greater risk.
Is to reduce the holdings of its five varieties. Many investors think, to eggs in different baskets, to defuse the risks by diversifying their investment. But Pei Jing thought that, if not fully aware of their holdings of each stock, then the holders of the stock types of the more the greater the risk. At the same time, holders of the stock types are more often in practice will be a loss, once Quotes mutation, it would be difficult and timely response. Therefore, we should only hold one or two stocks, so as to enhance rapid response capabilities.
Pei Jing Thanks to these five rules, a profit in the stock market every year. As for the profit of many, we can see Pei Jing's father gave him when they made that kind of salary can be readily understood King.
