The challenge for traders is to understand who they are and then firmly and consciously cultivate those qualities that contribute to their trading success.
Successful traders have a unique quality, they have the right way of thinking, rigorous trading attitude, strong self-confidence, courage, and never say die in the face of failure.
As long as there are no repeated mistakes, sooner or later money will be made. There is no opportunity to earn money by repeating mistakes. Most shareholders repeat mistakes and make the same mistakes. They can't change the error. The result was really tragic.
Be disciplined and principled! Discipline and principles are the most important and difficult! Discipline and principles are more important than anything else! Discipline and principles are the guarantee of trading profits;
Trading discipline can keep your account funds growing while protecting the safety of your account, because the biggest source of loss is undiscipline, you can summarize your trading experience to see if this is the case.
I've always believed that one's research on the stock market can only be part of the story. The stock market knowledge is extensive, as can be seen from the fact that ten people have ten methods of operation.
When it comes to stock market profits, there are many ways to break them down. Although it can be summarized into a few basic methods, the final selection of stocks will be different due to each person's different understanding and experience.
When A buys a stock and makes money, B may dismiss it or turn a blind eye; Conversely, when B starts to act, A believes that there is no real opportunity in the market.
This also shows that there are many market opportunities, and everyone can only grasp a part of what they control. There will also be overlap in this process, which means that the same stock is selected in different analytical methods, even at the same time.
What I'm trying to say is that every right way can make money, and there is no contradiction between them, although they may be completely different.
Personally, I use technical analysis, so I don't know much about fundamental analysis. But I don't think fundamental analysis is useless or critical.
Speculation, there is no shortcut, there is no so-called detour, but the vast majority of traders have never been able to go a mental path, but the vast majority of traders have been trying to find a shortcut, this is wrong! Although there is more than one road to Rome, there is no road that does not require hardship and effort.
Let's talk about myself, I have been speculating in stocks for 16 years, just entered the market with less than 300,000 small funds, with the help of the big bull market once achieved 5 million in a short time, but after just one year to zero, all thoughts were depressed for half a year, I did not give up, but worshiped, learned, summarized, and returned to the stock market, with less than 300,000 yuan and speculated to more than 7 million, not too much, but enough to speculate stocks to support the family. In fact, I have experienced a lot during this time, and I also want to understand a problem, do anything, do not learn, it is difficult to do, especially if the stock market wants to make money, it needs to be systematically learned.
I always remember that when I first entered the market, I always felt that stock trading was very simple, so I learned a few tactics and a few K-lines, and I couldn't wait to prove my ability in the stock market, but I paid a heavy price for my own conceit.
From thinking the market is good to making money, to realizing to be in awe of the market, it was after the ups and downs of the bull-bear cycle.
From fantasizing about doubling every year, or even 3-5 times, to thinking about doubling in three or five years, that's after seeing the truth of the market.
From superstition of K-line technology, belief in various theories, to discovery that there is only the search for so-called value, it is all after being injured again and again.
From the initial high-frequency trading, to as little operation as possible, it is after understanding their own insignificance and no longer fighting with big money.
Learning technology well and firmly grasping the main rising wave is the key. This is not a cliché, but I only as a passer-by do not want everyone to take the detour I have taken, and only those who have been exposed to the rain know how to cover others from the rain! I am undoubtedly fortunate to have a senior guide me in the past, and now I hope to be like him and shelter everyone.
I have been working in the secondary market for more than 20 years, and I have dealt with at least 1,000 investors, but less than 10 have actually succeeded in achieving financial freedom, that is, a success rate of less than 1%. Those in the securities service industry are eliminated here, such as investment banking elites and brokerage CEOs, "investment is not sharper than any aspect, but to see who has fewer weaknesses and more systematic understanding, which is the focus of investors' self-cultivation."
The real masters are different personalities and methods from ordinary retail investors, and tell me what a trading master is like in my eyes.
(1) Having certain stock knowledge is a prerequisite for making money
Stock is culture, knowledge, science, mathematics, economics, accounting, management, nature and other sciences as one of the comprehensive sciences. The process of stock speculation is the process of comprehensive application of this scientific knowledge. Making money is the result of the sublimation of this scientific knowledge. Stock speculation is not a work of strength, strength is enough. Since stock speculation is culture, knowledge, and science, we must learn. Increase your knowledge of stocks.
(2) Having a good stock trading mentality is the basis for making money
I often hear some people say: "The ** stock I just bought yesterday is still falling today", "I just sold ** stock, and today the limit is up." The so-called "one buys and falls, one sells and rises", to investigate the reasons, in addition to the aforementioned lack of knowledge, the poor stock speculation mentality is also a reason that cannot be ignored. In a sense, stock speculation is speculation mentality. As a speculator, when your stock rises, makes money, or even makes a lot of money, keep a clear head, don't get carried away, when your stock falls, even if you are deeply trapped, you must also do not change your face and do not beat your heart, and maintain a normal attitude.
Where does a good mindset come from? One is from the honing of the stock market, and the other is from knowledge. If you have more knowledge of stock trading, you will know why your stock is rising and why it is falling; You will seriously sum up the experience and learn the lessons so that you can fight again!
(3) Masters are good at waiting and waiting
Wait for the big opportunity to come, and then go all out, while ordinary retail investors do not wait, do not waste time, and work hard every day. The principle of speculation first penetrates deep into the marrow, and it becomes a habitual behavior to follow the flow, and it is impossible to sustain itself when there is a wind and grass.
Good thinking should not only be imprinted in the heart, but also transformed into correct and effective practical actions.
There is nothing difficult in the world, only those who have a heart, and at the same time perseverance shows confidence in victory, while stubbornness shows the willfulness that leads to defeat. Everyone has experienced the confusion of being at a crossroads, but an optimistic and open-minded attitude to life will guide you to the right path in life until you reach it. Even for people with a very high level of ideological cultivation, the nature of greed and fear in human nature still exists, but it is hidden deeper than ordinary people, but often at the moment of the most extreme moment, if the power of human cultivation cannot fully control the onset of the two demonic natures of greed and fear, then bad luck will come mercilessly. Therefore, learning self-control is equivalent to controlling the whole process and outcome of success or failure.
Many experiences and lessons must be realized after stepping on the pit in person, and the pain will be realized.
If you are losing money now but are still confused, and you plan to regard stock trading as a second career in the future, you must know the "Gold and Silver Valley Position Strategy", and you will definitely be able to avoid many detours by reading and understanding thoroughly, are personal experiences and feelings, recommend collection, and repeatedly speculate!
Gold and Silver Valley Position Strategy:
1. The closed triangle enclosed by three lines is the valley. At the beginning of the rise, it was called the Silver Valley, and the Golden Valley was formed after the relay pullback.
2. The 10-day line crosses the 20-day line, the valley is formed, at this time the K line is not a long white line, directly enter the market, and do not wait for a pullback.
3. There has been no opportunity to form a gold valley in the future, so the position of the silver valley can be closed after making a profit of 50%.
4. When the Golden Valley is formed, the long white candlestick is overstretched and pulls back to the 5-day line to increase positions.
5. The silver valley established the first position, the 20-day line did not break, when the gold valley was formed, the K line was still near the moving average, so it did not wait for a pullback and directly increased the position.
When used in actual combat, it is also necessary to combine plates and change the effect of quantity and energy.
The core of investment success is not to seize more opportunities, but to wait patiently, make good use of a certain opportunity, make a variety perfect, and when the opportunity comes, use the trading opportunity to the extreme with great willpower. This kind of trading is far better than finding ten trading opportunities and trying each one of them.
In the current market, many friends speculate in stocks and lose money, and they fall when they buy and rise when they sell, mainly because of the lack of correct trading mode. If you want to survive in the stock market of the jungle, it is not possible to do without a set of profit methods and skills and self-protection discipline, and you want to learn more profit models, Ssangyong tactics, upward rollback tactics, main control tactics, capital compound interest unarbitrage methods, understand the market, and see the market operation trajectory.
Finally, for those retail investors, it is impossible to manipulate the stock market, and in order to gain income in the volatile stock market battlefield, they can only follow the stock price trend and adopt the trend of homeopathic investment. In the most straightforward words, ordinary investors choose the timing of buying and selling after choosing a good trading variety through fundamentals and a good number of trading quantities through chips. buy wrong, a sell signal appears, sell in time, control losses to a minimum; Buy right, there is no sell signal, do not sell, and strive for the maximum profit. This is the homeopathic approach.
(1) It is necessary to understand the general trend, and then it can operate according to the "transmission band of the market". First, the upward and downward trend must be clear, and the second is that the trend must be confirmed early, these two points are also the premise of the homeopathic investment law, otherwise the trend-following approach cannot be discussed.
(2) If the stock price is definitely weak, but it is on the verge of recovery, then selling with the trend is likely to regret selling to the lowest price. Therefore, when the stock price trend cannot be confirmed early, there is no value to follow.
In short, to invest with the trend, the main thing is to judge the timing of good trading, so, how to judge?
(1) Continuous rise after a large explosion. If the stock price closes above a large number of K-line entities for two consecutive trading days, you can buy.
(2) Effectively break through the short-term moving average. If the stock price closes above the 6-day moving average for two consecutive trading days, and the 6-day moving average rises, you can buy it short-term.
(3) Effectively break through the medium-term moving average. If the stock price closes above the 18-day moving average for two consecutive trading days, and the 18-day moving average is flat or rising, you can buy in the middle line.
(4) A certain amount down from the highest closing price. After buying a stock, if the stock price drops by 10% from the highest closing price, it takes up to 30 minutes, and you can stop loss or take profit to sell.
(5) Continuous decline after a large explosion. After buying stocks, if the stock price closes under a large number of K-line entities for two consecutive trading days, you can stop loss or take profit to sell.
(6) There is a gap rise, and a large number of long shadows fall after the explosion. After buying a stock, if there is a gap rise and a large number of long upper shadows, as long as its closing price of two consecutive 60-minute lines is under a large number of K-line bodies, you can stop loss or take profit to sell.
(7) Effectively fall below the short-term moving average. After buying stocks, if the stock price closes below the 6-day moving average for two consecutive trading days, and the 6-day moving average goes down, it can be sold short-term.
(8) Effectively fall below the medium-term moving average. After buying stocks, if the stock price closes below the 18-day moving average for two consecutive trading days, and the 18-day moving average is flat or down, you can sell it in the middle line.
The above are a summary of my 16 years of practical experience and technology in stock trading, not necessarily applicable to everyone, need everyone to combine their own practice to use the summary, as a trader, the most terrible thing is not that you have technical problems, but your cognition is not enough, fell into these trading traps but do not know it! There is no invincible trading system, only invincible people who use the trading system! This is the truth, the trading system will eventually return to people!