During World War II, the success of Japan's sneak attack on Pearl Harbor, the US naval base, was the result of "knowing ourselves and knowing ourselves". Later, the United States also "knew ourselves and ourselves" and took revenge in the naval battle of Midway Island.
Although it is a military motto, it is equally accurate in the stock market.
First of all, there are two levels of understanding.
Be sensitive to the market and fundamentals. Bull market or bear market, bull market in the first half or the second half, medium-term adjustment or short-term adjustment, and the trend of China and even the world economy are all "knowing each other", which is why people now eat global information in addition to milk and bread for breakfast. The second meaning of "knowing each other" is to be familiar with the stocks you want to buy or are about to buy. I remember that in the big bull market in 2007, friends regularly. It is said that this stock code has a banker's office, and that stock code is expected to be reorganized, but she doesn't even know which stocks these stock codes represent and what industries these stocks belong to. She didn't even know how the stock performed, and she didn't even know who she was, so she lost half a game. It is difficult to "know who she is" (if it is not difficult, everyone will become a rich man in the stock market), but "confidant" is actually more difficult. Ask yourself, are you a suitable stock trader? Do you have time to stock market? Do you have the capital to buy stocks? Can you take risks? How much risk can you take? What is your family's financial situation? What are your expectations for future family income? What are your financial goals?
Know yourself and yourself, though not invincible, but at least you can be "safe".
If you don't "know yourself and know yourself" and "know yourself and know yourself", you will eventually be "invincible" as Sun Tzu said, unless you have a good day to win the lottery.