|
|||||||||||||||
|
||||||||||||||||||
Data:
Stock Zuozhuang There are two main points, first, the banker desires to end up competing directly involved in the bureau, that is, in order to win; second, bookmakers have to have ways to control the development of the situation so that they are sure of success.
== == This wonderful REVIEW
1, Zuozhuang before the decision-making
2, how fried junk stocks
3, how to fried blue-chip stocks
4, how small-cap stocks and large capitalization stocks speculation
5, how to allocate funds Zuozhuang
6, the dealer allocation of funds and the stock prices have anything to do with
Therefore, the dealer position should be divided into two parts, one for their portfolios ahead of this part of the fund's role is directly involved in the competing Bureau; the other part is used to control stock. The stock market must be part of the funds Kong Pan, but this part of the funding risks Kongpan larger village to do a lap down, which part of the funds might even lose a profit is very low, the bookmakers make money Jiancang mainly rely on funds.
Kongpan is a cost, so to do must be costing Zhuang see Kongpan Jiancang invested capital cost and profit compared to how, if the cost exceeds the profit Kong Pan, then the village can not do any longer. In general, Zuozhuang is a necessary win, Kongpan cost is certainly less than the profit. Although there is no PLAY Kongpan because the market beyond the means of no-cost addition to the control of the situation, but there are some laws of the stock market can be used by the dealer can guarantee Kongpan lower cost than Jiancang profits.
Kongpan is based on the stock to run with a non-linear, rapidly assemble a large number of stock trading can be so quick up or down, and slow even if the volume of trading has large effects on stock prices is small. As long as the market of this nature continue to exist, the dealer can use it for a profit. The reason why there is such a stock law of motion, because the market there is a lot of lack of analytical ability to judge Quotes of the blind operation of investors, they are Zuozhuang success. With the improvement of overall quality investors, Zuozhuang will be increasingly difficult for large, but PLAY is still necessary to win because PLAY holds the initiative in the public information on the market is always at a disadvantage, so the analysis of Quotes judgment is always in a passive position, which is leading to the performance of a passive group of objective reasons. This factor will always exist, so the market will never be such a passive banker can be used.
Zuozhuang before the decision-making
1, bookmakers Zuozhuang line
Zuozhuang The basic principle is to take advantage of market movements in some regularity, manipulated stock prices to make their own profit. How to control the price to achieve profit objectives? Different bookmakers have different routes. The simplest and most easy to understand the most primitive of a line is the buy low sell high and specific, that is to arrive in the low suction and then pulled out a high fall. Zuozhuang process is divided into Jiancang, lift, three stages of shipment, the dealer was found that only increases the potential of a stock, they managed to start low-cost Xihuo, enough cargo to be sucked, it begins to lift, lift to a certain location of the goods out of out in the middle section of space is making profits.
The main drawback of this Zuozhuang line is to do more, not short, only the increase in the Quotes section Kong Pan, having a process does not Kongpan decline, did not control the entire process of Quotes in their hands, so as the ship shall be completed PLAY the end of each Zuozhuang only a one-time operation. This time, done the next time what to do have to go to re-identification of market opportunities, and other makers but also to find an opportunity to compete to avoid being the first to do someone else up. Such a large Zuozhuang funds, is always in this state, there is a sense of insecurity. The reason is that it only targeted at a passive wait for the market to provide opportunities, rather than proactive to create opportunities.
Therefore, a more active Zuozhuang idea is to not only be more, but do empty, the initiative and create market opportunities. According to this thinking, a complete Zuozhuang process is actually started from the pressure.
The first phase, making the use of broad market decline and stocks to suppress bad price for the future rise in manufacturing space;
The second stage is Xihuo, smoking are other people's flesh disk, also known as the empty bar; then lift and shipments.
Shipping time to start looking after the suppression of a new round of PLAY; so on ad infinitum, constantly squeezing profits from the stock market.
This is the idea of doing a long village, if the village in front of a hunting than doing such a long Zhuang like chicken, each one bubbling can earn a sum of money, just as the same as Pan raises chickens lay eggs. Good luck hunting can hit a big black bear, enough to eat a winter, but bad luck when you run a lot of travel expenses may also be a lot of effort but did not hit anything; a time picking a chicken egg, but relatively is relatively stable.
2, Zuozhuang ideas
Zuozhuang line designed to be more than ideal, but it is too subjective and not necessarily success. Do not do so for a long time because there is a risk, short time to time, but then do not come back to lay the price of risk, in order to successfully Zuozhuang also consider some of the more fundamental issue.
Two kinds of Zuozhuang route there any common essence of things? Comparing two kinds of thinking, do they do more long-Chong both short, is a more seasoned approach. Analysis of the idea of a long village and found a long village made up of the feature is not afraid or not afraid, afraid not understand it, because when the dealer can do up more money, or when the dealer can use the opportunity to suppress for the future do more to create conditions, we can see to understand, whether it is bullish or bearish can use. Therefore, it Zuozhuang thinking key to success is spotted in the market. The direction is different from the retail dealer accurately grasp market trend forecast Quotes, bookmakers can take the initiative to promote the stock, he must consider is how to push the right direction, pushing in the right direction can lead to the general public to follow the market, as the initiator can be profitable . Therefore, this banker's basic idea is to do more to grasp on the market and short the potential to do the market leader to promote the stock price movement, the release of market power.
Will overshoot and then look at buy low sell high line, in fact, is the release of market power, the process of looking for PLAY stock who is looking for upside potential, helping to ship the release and success of this market power. However, this line of thinking only of how long the release of the energy market, regardless of how short the release of accumulated energy and how long the new energy, so incomplete. Can be seen, whether it is or a one-time long-Chong Chong, PLAY key to success is correct to release the energy market, in front of two different operating line can be seen as using different types of market energy.
[1] [2] [3] [4] Next Page
Buy low sell high, ideas for low priced blue chip stocks, do value discovery. This unit has a long-term positive as the background, the market mood swings, and other various small negative factor can be ignored, the bookmakers can be a large number of the collection, locking a large number of chips, causing the share price is not affected by market factors, interference, making their own subjective intent can be pulled lift and shipping. To PLAY the need for such financial strength, because a substantial lift want to be locked a lot of bargaining chips, no money is not done, and such other makers are also targeting the stock, without a certain degree of strength is robbed However, other people's.The idea of doing a long village fair value for shares in the stock within the region, such stocks may be up or down, the dealer can not position too, chips lock, therefore, I share the greatest impact by the broader market, bookmakers must be the flow, the use of popular stock earnings shocks. Therefore, the long-Zhuanggu shocks market, the most important market for the use of energy is popular, but also the market is the public mood fluctuations. Emotional ups and downs of the market there is a certain rhythm, while the Quotes of the general rule is that hot phenomenon, the market sentiment strong, when buying the stock high, the market reception large; sentiment is weak, weak market sentiment and bad times, buying the stock low - . Making use of this law of repeated mobilization and combat market sentiment, mood fluctuations in the market to achieve a high throw bargain-hunting. This is a long village made the most basic tactics. Long Zhuang role of the market makers is through touching the top and bottom to explore the fair value of stock price range, which is a kind of value discovery.
How fried junk stocks
Preceding discussion is a general principle, specific to each unit only on the characteristics of their performance and popularity are not the same, the corresponding in the bubbling on the different. If the same performance, but the industry is different from the operator's management style is different and with varying degrees of banker will have different characteristics so that it bubbling. Popularity of the market cycle is generally similar, but different stocks may have slight differences, this is because many investors are accustomed to do what they are familiar with a few stocks, such as the Tibetans in Tibet Pearl preference, Inner Mongolia Yili people would be to see more of a; Some people never been in a unit on money, always like to see more of after only one unit, its movements become more familiar with, there is an opportunity to do one; Some big and some bookmakers linked to the banker in a unit on the resident, they are also those shares on the resident. Therefore, each stock's investment group is not the same as the overall retail market, each stock on the behavior of participants have some retail in general different. This difference is relatively subtle, but the Trader's dealer could sense that this trend will have minor impact.
Low merit and popularity on the market cycle is the most general of the two most common market energy, in addition, there are other forms of market power, such as news and other topics, themes and messages can also be seen as a kind of similar to the merit of the market power, but not as a true low-cost merit less stable, so from the bubbling method is similar to buy low sell high, although a one-time bubbling, but only Duanchao.
Determined by characteristics of the stock bubbling nature of the stock. Garbage compared to stocks and blue chip stocks, junk stock purchase easy to ship difficult to bubbling at the main contradiction is the shipping garbage stocks; and easier to purchase blue chip stocks is difficult to ship, bubbling at the main contradiction is the purchase.
Second, the blue-chip stocks at a high level will rise, while the junk stocks is reasonable in the low position, at a high level is not easy to stand firm, must rely on a high moment of momentum being rushed. These properties determine the junk stocks bubbling must be fast-forward, stir-fry, emergency pull-Meng lift, quick distribution. Trash stocks usually stationed there is no long-Zhuang, because there is no long-term investment value of the junk stock, ready to be down one, bookmakers should not hold onto the old holding junk shares; and when the junk bond dealer in the bubbling is usually to as little as possible to collect, as long as speculation of up to small collection of some as little as possible to collect some, so do not need to pre-Jiancang; In addition, the junk bond characteristics are easy to collect at any time not too late to start collecting the banker has no need of rushing to collect early. Quotes and once started, the dealer that can take advantage of, ready to be transferred funds began to quickly gather. And must be fast to collect, because the fried junk stocks must take this chance, once the deterioration of the general trend, we should immediately withdraw to give him bubbling time is shorter, and must be fast to collect. As the trash stocks stand at a high level instability, pushed up depends on bang washed out; also because the dealer can collect a lot of chips Kongpan lack of capacity, therefore, to rely on emergency pull-Meng lift, causing the rising momentum, fueled follow the trend of those who, by this momentum, to carry up stock speculation. Fried up blue chip stocks, after not be able to calmly as shipping firm at a high level, therefore, must be quickly shipped. Unit shipments of garbage is a maker of fast chips, more than in the end, or quick response to retail competition, the retail dealer is fighting to see that most of its cargo before the ship moves out of swap. The first approach is less Jiancang, fast pull-up point immediately run away, positions less out fast, or not. If you invest in more, Jiancang more, shipping is complicated, we need to do a complex project. On the rise the way, will begin shipping at the top can be a number on how many, will not get on the downward Zapan shipping, so the chase and kill all the disk and bargain-hunting set. As the ship prepared to do a good job Zapan, so be sure to pull the pulled higher space, but the dealer himself from the outset did not intend to be so much profit, in the lift process, we need to increase holdings cost, when we should sell into the top of the escape ship, sell into to the loss of space, inside and outside where a calculation, the dealer can spell in the middle third of the total profit margin to is satisfied.
Trash stocks bubbling consume a lot of space resources, but the banker's own profit is not too high. Why do some fried junk bond banker like it? Fried junk shares advantage is fast, due to reduced waiting for a chance to collect and post-collection time, bubbling process compact, collection, lift, distribution of drinking into a stretch. If the collection of 10 days, lift for 10 days, distribution of 10-day basis, the dealer can be completed within six weeks of complete a bubbling, if the banker fast chips, the time can be even shorter. Therefore, if money generated by the profit per unit time rate calculation, fried junk stocks will be higher. Therefore, the fried junk bond is a Duanchao behavior, even invest in more, larger open space is also still have to Duanchao. Duan Chao feature is willing to sacrifice profits in exchange for time in order to maximize profit margins.
Trash stocks bubbling best suited to the use of short-term loans bubbling people. Loan interest on time, which is why, to a quick fix and can not delay time; a bubbling at the margins should be higher than lending rates, Zuozhuang was money to be made, therefore, to pursue high profit margins; fried in loans is done by chicken-, as long as a profit out of, but also how much money left on the loan interest is earned, so do not mind low profits.
How fried blue chip stocks
The typical blue-chip stocks bubbling with the typical junk stocks bubbling just the opposite. Is characterized by blue-chip stocks making Jiancang difficult, but the lift easy, if not taking the initiative has raised the post-Zapan, the general trend does not appear sharp fall in long hours at a high level, you can stand firm, you can leisurely ship. Therefore, the blue-chip stocks bubbling at a position in the principal contradiction.
Bubbling at the value of blue chip stocks are doing discovered, the market gives an unreasonable low price is a mistake, as long as the banker to seize this error, it cashed their profit on it. Jiancang process is wrong to seize the market, which is bubbling at the key to success, it is bubbling at the principal contradiction. In contrast with this garbage stocks bubbling, in order to succeed must expect speculation bubbling up since some people will make mistakes and are willing to take their own in the high bar, so its bubbling at the principal contradiction in the shipment. Read more degrees from the game, the stock market depends on the Gaming Board in order to win his opponent's mistakes committed opponent does not make mistakes, and are able to seize the error is the key to victory is the main contradiction lies. Fried blue-chip stocks is a mistake to seize the market is, fried junk stocks expect the market would make mistakes in the future, fried blue-chip stocks was fairly stable.
Bubbling at the junk bond market, the basic idea is to induce mistakes, blue-chip stocks bubbling basic idea is to seize the market take full advantage of the error. Therefore, bubbling ideas bubbling on the blue chip stocks to fully tap the potential of the stock, take advantage of increased space into a profit, but stock will have to refuse a waste of space, in exchange for retail investors make mistakes.
These characteristics determine the characteristics of blue-chip stocks bubbling, big money, do a long-chong, a large number of the collection, steady lift and smooth shipping.
Only a huge upside potential for the stock, if possible, the dealer may wish to share all income over, and then pulled a reasonable price then gradually shipment. Although virtually impossible to put all the stock received their own hands, but it should be as much as possible from the people, so there must be tremendous amounts of capital. In the collection process, the dealer in order to make full use of space, to low-priced collection, it alerted the market makers are most afraid of, in his completion of the collection before the prices were traded up at the expense of making valuable space resources. The general practice is hidden for a long time accumulation, while the more positive approach is to use market fell contrarian accumulation, or take the initiative to suppress the manufacture of panic selling took the opportunity to accumulation and so on. Anyway, the dealer have to use every possible means to complete the accumulation in the low to complete this step, then the blue-chip stocks bubbling has completed half the battle.
Previous [1] [2] [3] [4] Next Page
Just low enough chips sucked, then the blue-chip stocks after the bubbling is very simple. After the sell-off because the chip makers lock reduction plate lighter, easier to lift. Making the initial purchase of shares in the lift has become a part of the position is locked, so the more up the lighter. Takes all of the shares is reached, the bookmakers do not have to deliberately lift, locking position without moving their stock price will go up, the disk will appear on a very short small little yin-yang, and the prices did not shock drift upward until the dealer shipments bit , bookmakers shipments will lead to shock.Blue chip stocks as long as the ship moves not too quick, will not cause a sharp drop, bookmakers usually do not need to sacrifice space for Zapan ship, so the typical shipping method is slow and steady ship.
Most of the stock in the typical blue-chip stocks, and between the typical trash stocks, while the blue-chip stocks, or preference shares, or closer to junk. To understand the poles can help to understand the general stock bubbling.
How fried small-cap stocks and large capitalization stocks
Measure the size of a stock plate there are two criteria, first the size of the stock Liutong Pan, and the second is how much the market value of the stock in circulation. Scale from the bubbling to consider a stock tray is not only determined by the size of the number Liutong Pan, also decided to stock prices, a more reasonable measure of a stock plate size targets should be the flow of stock market capitalization, that is, stock price multiplied by the flow of plate. For example, a Liutong Pan 200 million shares, stock 3 yuan, so that a Liutong Pan 4 million shares, share price 20 yuan, which a larger dish? Which one fried up and take up more than money? Of course, it is the latter, the former flow of the market value of 600 million, while the latter market value of 800 million in circulation. If the dealer bubbling under the need to prepare 70% of the total market value of funds in circulation terms, a unit of the village to do before the needs of 420 million yuan, 560 million yuan, after a stock needs. So do stock a large plate making required more strength.
The total market value of the size of dinner plates in circulation, then the stock plate size is changing. For example, in front of that stock, if the price of 3 yuan rose to 6 million into a plate of 6 billion, 12 billion, larger plates. If there is a dealer of 4.2 million, he first of 3 million yuan in the vicinity of 3 yuan collected 100 million shares, accounting for 50% of the total plate, leaving 120 million yuan, according to Liu Tongpan when the price was equivalent to 20% Liu Tongpan account not locked out of the 40%. Making this part of the funds used for Kong Pan, which is charged with 300 million yuan with 120 million yuan of outstanding lock plate. If Kongpan funds and not as a measure of the proportion of locked plates Kongpan ability to target, then at this time Kongpan capacity 40%. After making all the way to pull up stock prices, assuming that he was in the lift and out of the process, all the way is not money-loser, to the stock 6 yuan when he still has 120 million yuan of Kongpan funds. At this point outside the flow of unlocked value has risen to 6 billion, bookmakers Kongpan capital ratio of total market value is not locked down to 20%, making the drop Kong Pan.
Can see that in the course bookmakers Kongpan lift capacity is decreasing, which is limited goal of making bubbling bits of a factor. If the money, which the dealer did not know the speculation of higher the better? Even if the speculation could not stay up, ship and then taking a long way when space is still pulled out some more room for more cost-effective. But Pilate is subject to making high-strength limited, if the banker strength, Kongpan costs are low, along with the rise, while capacity dropped to a certain extent Kongpan afraid to keep going after was sacked. Therefore, to speculate how high the upper limit determined by the number of bookmakers Kongpan money Kong Pan fried funded high, insufficient funds Kong Pan fried low.
With the ability to lift makers Kongpan decline when the dealer can take advantage of the temporary loan to add Kongpan capacity, or sell additional shares as part of Jiancang Kongpan capacity. At this point, leaving behind the more you are not locked chip capacity needs in order to supplement Kongpan borrow money or sell the stock the more. Extreme case is absolutely blue-chip stocks take-all bubbling and garbage stocks Duanchao. The former lock-chip very much left out very little market value, even if the stock turned on several times, they do not add too much money could be maintained Kongpan capacity, slightly to sell a few stocks can be maintained Kongpan ability, which became a rising edge while shipments, while shipments increased while the ability to open up space Kong Pan. So, while rising shipments while shipment is not only a means, sometimes bubbling necessary. Duanchao a large number of junk bond market to stay outside, with the rise, the dealer can not sell the stock to maintain Kongpan capacity, only through the loans, but a large number of short-term generation of risk models, thus, the makers bubbling up when the ceiling space a decision made by the beginning, the lack of further upward to open up space capabilities. Therefore, the take-all approach to stock speculation bubbling can often be very high, often turning a few times into account; while junk stocks rise space is limited, up one per cent of scores on the same subject.
The following discussion of the role of Liu Tongpan stock Liu Tongpan the size of the impact on the characteristics of the stock movements. For example, in the same market value of the stock, the high-priced small-cap stocks and cheap stocks of large capitalization stocks, or differentiated.
In the performance of the same circumstances, Liu Tongpan small stocks than large stocks higher prices plate. This is because the share price is determined by market supply and demand, the supply of stock is the number of shares, stock market, the demand for that amount of money to buy only stocks. For a stock, each investor has a price they are willing to accept, that is willing to hold this position on the stock. Vision of each price willing to hold statistics on the number and amount of money, you can create a histogram, and are willing to hold high prices in general only a few people, most people can accept a modest price, there were only willing to to accept extremely low prices. The market price of the decision-making mechanism is that, from the highest number of people have come down, until the need is equal to supply, this price is the price. The market transaction process is to find at this price. Therefore, the demand for the distribution of the same circumstances, the price of small-cap stocks will be higher than the price of large-cap stocks. In the same market, the same group of investors, for the performance of the same stocks, the demand for distribution should be similar, but the supply of large-cap stocks than small-cap stocks that it could hold more people, the price is naturally greater than the small-cap stocks lower. Stock prices are constantly changing, reflecting the distribution of demand is also changing people's minds on the price of a stock position is also changing. But the supply is stable and lasting difference in the factors at work, so the long term, the overall large-cap stocks than small-cap stocks with low price positioning.
Statistics in the Law of Large Numbers tells us that the statistical characteristics of large groups are often normally distributed, and people's general experience as well. If you assume that people are the psychological price of a normal distribution of the stock, you can have a corollary: medium and large plates of the positioning of the stock price difference is not obvious, the impact plates on the price positioning of the most striking is the small plate stock. For example, 5 million and 100 million Liutong Pan Liu Tongpan stock, positioning the difference in price is not too large, and a circulation of 10 million shares and 5 million shares of stock, then there will be a significant gap, and the smaller plate with the flow the greater the change in the price gap between disk. The reason for this phenomenon is that normal conditions, most of them concentrated in the middle of the psychological pricing area, medium-sized plate of the stock, pricing is close to the middle of the region, and this time will increase the price for each drop a lot of potential buying Therefore, even after the plate and then take on a lot, it will not and the prices will not drop too much; on the contrary, small-cap stocks only a few people can hold the stock in the normal position of the cutting-edge, this region is willing to hold Some people sparsely distributed, the price dropped a big section of the holder in order to elicit sufficient, therefore, small-cap stocks to the mid-cap stocks for some, though not the absolute value of the growth plate, but the stock location of a gap is quite large. In another words, the highest number of people from a psychological orientation, the press is too much assumption that the distribution of a few to the former price of 10000 may have been down more than a dozen dollars, and then the number to 5 million people, the price may be down only 2,3 million, the reasons for is the upward distribution of sparse, the following concentrated distribution.
Another corollary is that normal distribution assumption, small-cap stocks easy to shock, while the large-cap stocks is not easy to shock. The price change is the sale of power to promote changes in the results of small-cap stocks priced at a high level, participants sparse distribution of price fluctuations in the resistance is small, Change speed; the sale of power a little bit of change in the price must have a larger adjustments in order to re-balance, resulting in large fluctuations. Generally speaking, that is easy to form a sharp shock.
The smaller plate, the more obvious the above-mentioned phenomena, such as stamp plate smaller than the stock, so Change is more severe, the price of psychological positioning farther away from ordinary people. Extreme case is the art auction market, famous works of only one, can not be copied, a small plate to the limit, the price determined by the highest bidder willing to pay an amount of money, the price naturally goes well beyond most people's psychological orientation, and easy to violent Change .
Another normal distribution assumes that a corollary is that the super large-cap stocks will be priced at the low apparent. This is also due to a small number of cutting-edge due to the normal distribution. If the plate large enough to supply more than the market the largest number of psychological pricing peak, then further increase the demand for transfer price must be greater space, and small-cap stocks as simple as that. However, with lower prices, there will be a large number of the original shares of the only people who do not care about the involvement, so that the participants at the end of this larger, so the prices will not deviate from the less obvious such as small-cap stocks.
What is the small-cap stocks large cap stocks do what? It can be estimated. China has two million shareholders, nearly a 1000 stock, if the average person concerned about the 10 stocks, then the average of each stock, 20 million people care about. Statistics, if the statistical sample as normal, then about 70% of the sample in the distribution of the peak variance of plus or minus range, higher than the variance of the number of samples of about 16%, similar to the desirable 15%. Can also be used as the boundary, only the top of the stock as little as less than 15% of the people involved for the small-cap stocks. The 200,000 15% to 3 million, the majority of the Chinese stock market investors generally average less than 1,000 shares per stock holdings, amounts to 3 million shares. Therefore, the standard medium-sized plates for the 3 million shares, will make a rough estimate of 2-5 million, 2 million following small-cap stocks, 5 million more than the large capitalization stocks. Similarly, the standard super-large-cap stocks should be able to supply more than 85%, 20 million 85% to 17 million, estimated at 170 million
