Category: Money tips Release Date: 2006-10-16
This year's market, the market volatility during the day which would normally show such characteristics: Monday of the stock market in the whole week's market performance is often the most dramatic fluctuations, especially the short-term bullish on the city Monday volatility increases tend to account for half of the week above; through the monthly cycle of market performance, the early and mid-month are all the main rally, but in the time near the end of the month, the market is often presented in the opposite direction movement, the first two amendments to increase over ten days .
Stand-off is not over yet
The reason why we started from last week's cautious view of the market trends, first of all is based on the current market remains at a stalemate of the basic judgments as to the current market high and low points are at the same time the upward fluctuations in characteristics, combined into a composite index, and refers to the overall the performance of the broader market is still difficult to successfully break through 3,100 points, constitute a strong signal to do more, while the market for several months of preparation in the volatile city, and more enhanced features of our approach to this market.
Do not think that necessarily mean that the broader market innovation and breakthrough in another job, it will definitely be a greater level of Quotes wave beginning of an end of the month just passed, and 2 at the end, the market has twice had given us such a lesson: prior to January 24, as well as two 27, Black Tuesday shock the world before the broader market which one is not without signs of even a few days in a row "breakthrough" an excellent start to a new high under it?
We have no reason to believe that this tape will soon repeat itself this time annoying the "end effect", but we also have no reason to support the broader market will rise this a pleasant journey and a prelude to opening a new bar!
Funds to safety first
Since we have no way of knowing the market Yinqing's mettle, for careful consideration, we will try to "capital management" on the make adequate preparation, in the 3000 half-point above the warehouse pending should be a more appropriate choice. Especially after the mid bull market, fund management, the importance of the decision will be a key factor in the size of the final profit and loss.
For example, if a person in early 2006 into the stock market 100 thousand yuan in 2006, returns 100% in the first 3 months of this year's profit 50%, then the current market value of its total should be 300,000 yuan, three times the initial input If the operator then has always been full of warehouses, even an afternoon if the right to avoid less than 20% of the callback, then he would be the loss of 6 million, this figure is 30% of their total earnings, relative to the initial investment, is 60% of the profit-taking! Actually it was last year's bull market to lose money, I think, apart from in part because of stock selection or frequent entry and exit of reasons, most people mistake may be in capital management.
For me, last week to recover half of the cash, have capital, as well as my end of last year the vast majority of profits under its absolute security situation, most of the remaining half of the position is profit, so, even if the market what eventuality, but taking a little profit fills up the benefits of the market, I also did not give up, just a little less base, short-term profits at 1:00 Bale. Personally, I think, appropriate capital management strategy, long-term survival in the market to maintain sustained profitability is absolutely necessary to do so, has nothing to do with the money.