Category: Money tips Release Date: 2006-07-17
The height of the last bull market, investors in the popular, "do not fear packs, afraid, afraid of not" set of spoken language, but this bull market peak, he also often hear the phrase "death is not sold" a category, then, in essence, What is the difference between the two did not. Literally understood, these words are also in line with "adhering to long-term investment" concept, but the real investors who can insist in the end, I am afraid are rare.
Still remember the last bull market peak, the author "out" after visits to distant relatives and friends. One relative said that her experience in stock speculation are: "stock to trap the firm not to sell, there is always the opportunity to get out of trouble." But she was still not hold back, 1300 points cut the meat. However, lucky, at least relative to the back of the 998-point loss a lot less.
There are 1300 points, "buy the dips," friend, to survive the 1000 point, but rebounded to around 1100, when near, or could not help but call to seek the views of the author, and asked whether or not to sell at a loss. Can only be replied that, but also did not fall or do not know, but now the share price, coupled with reform of the stock price is too cheap, cover their down will certainly be able to make money. Is also real words say so, so and so now not only full of warehouses, but also took out all the savings deposits for the Opening.
History has proved that "do not fear sets" or "killing is not selling" worth mentioning, are not necessarily reliable. The vast majority of investors, really sets a long time, deep-set, and sell at a loss probability of significant.
In addition, the reasons for "not afraid of sets" and "killing is not selling" sort of language, always appear in the climax of the bull market as well? This is obviously also risen up the anticipation. Therefore it is not "fear", not "adhere to long-term investment" concept, but "greed." From the perspective of the stock market game, "not afraid of sets" and "killing is not selling" sort of speech, it seems that should the period of fear in the market.
2002 to 2004, the Shanghai index at 1300 points to 1600 points, fluctuations between. Beijing has a white-collar investors in the China Central Television program self-mockery: "whatever the outcome, I am also a master's degree, even with IQ as low as 1,300 points and 1,600 points are unsure where to place high, and always buy 1600 points, 1300 points sell. "Why?
"Si Yi Xing Tong heaven, force is difficult to change human nature," greed and fear are the two major weaknesses in human nature, they are indeed difficult to overcome. Sofitel has an investment in Pakistan credo is: "In the others, when greed fear, fear of others, when greed," but if we really easy to learn, such investment opportunities will have all these?
