First, the primary stage. The performance characteristics of investors at this stage are:
1. Blindness: I don't know how to open an account; I don't know much about stocks, and I don't know what the technical terms such as "ex-rights, earnings per share" mean; Can't do specific operations (filling out forms, swiping cards, etc.). ); I don't know what stock to buy. But one thing is "clear". I think buying stocks will definitely make money.
2. Courage: Because of blindness, especially the recognition of "buying stocks to make money", I am courageous and dare to buy any stocks, especially when I open an account, and I immediately buy some stocks. It seems that if you don't buy it, you won't be practical.
3. Success in the first battle: people who are new to the stock market often make a sum of money blindly, which makes them in high spirits, more aware that "stocks can make money", and also "deepens" their understanding that "making money in the stock market is easy and fast". Everyone will brag that "there is no risk in the stock market, so they don't need so much knowledge, so they can make money as soon as they enter the market" and so on, and encourage people around them to join the stock trading team quickly.
4. fleeting: the success time of the first battle is very short, up to 3 months, and then it will be transferred to the next stage.
Second, the intermediate stage. The overall characteristics of this stage are reflected in locking:
1. was deeply trapped: because of the "winning streak of Lien Chan", I got carried away, stuck in the whole line, or cut meat, or waited, and tasted losses and risks for 1.
2. Poor skills: Although I am familiar with some operation methods and know the stock knowledge, I have not mastered the anti-risk skills, which is manifested in not cutting the meat as soon as possible and then hunting the bottom, just waiting for the solution, and the result is getting deeper and deeper.
3. A heavy heart: I can't figure out the fruits of victory and capital quilt cover. I regret it. I don't want to talk about stocks with people around me. When people ask me, I often falter or say "not bad" with a smile.
4. Unwilling: At this time, if you have money, you will deposit it in the stock market to increase your investment. You want it back as soon as possible. You especially like asking for information and listening to stock reviews to get spiritual comfort or learn some strategies from them. I am very disgusted with stock reviews that do not meet my wishes, and I am worried that market fluctuations will increase its losses.
5. Long-term: quilt cover for a long time. If the stock you choose doesn't live up to expectations, you will lose money as an index and there is no hope of getting rid of it. The longest waiting time is three years or even longer.
Third, the mature stage. After making small profits, deepening and unwinding, investors began to mature:
1. Finally: After waiting for a long time or several successes, I finally earned my money back. The mind is no longer hot, no longer greedy, fully aware of stock market risks, and trading behavior becomes stable.
2. Stock knowledge and operation skills have been greatly improved: pay special attention to macro aspects, combine technical aspects, and strengthen self-analysis and judgment. Listen less and watch less stock reviews for reference only.
3. Be careful what you say: It is much more risky to talk about stocks with people around you, and the results of winning or losing the stock market are no longer revealed in your face and language, which makes you look calm and sophisticated. Risk awareness has increased, and more importantly, it is safe and prudent to stop when it is good.
2. As a retail investor, my recent stock operation principles.
I have been bearish on the market for a long time, but I have been short and profitable. When a friend came to email asking how to choose stocks, I tried to put my operating principles in the recent market decline:
First, people are optimistic about too many stocks. I don't do it or make money.
Second, I will never do stocks that are already at a high level, no matter how fascinating the so-called news is.
3. Stocks that have been pulled up several times in a row do not do it or are temporarily out.
Fourth, Zhuang's resilience stocks do the band.
Five, every time more than 5% of the profits are satisfied, ready to escape.
6. Pay close attention to stocks that have fallen below historical lows in the past two years. If there is a band, be a band.
Seven, adhere to the principle of short and fast, set a stop loss, and never continue to fight.
Eight, adhere to the strategic guiding ideology of Chairman Mao's guerrilla warfare.
Nine, not afraid to miss (because there are too many good stocks and opportunities), I am afraid to make mistakes! ! You may lose all your chances once you get stuck. )
3. "first love" is the best
By chance, I came into contact with the stock market, and personally trading stocks became my greatest wish. At the beginning of the second semester of sophomore year, the Shanghai Composite Index is only a few dozen points. So, I decided that this was an excellent opportunity to enter the market and started my own stock trading career. Although it was also quilted for a while, it was followed by a surge of 5? 19, easy to get rich. At that moment, I felt that I was only worse than Soros, but much better than Yang Baiwan.
Soon after that, I was ready for a big fight. I chose the Pearl of Tibet. At that time, its price was already on the high side, but I told myself to be brave, to be brave. Masters have always been brave. So, I bought it decisively. But it is not moved by my bravery, and has always kept a bad face. In desperation, I gave it an ultimatum. Unfortunately, it crossed the line without looking back. I told myself: be rational, be rational. Although you can't give up your feelings, you should face them rationally. However, fate seems to have played a joke on me: after two trading weeks, my pearl soon returned to its radiant nature. At that moment, I really didn't know how to face it.
In fact, stock trading is just like being a human being, and the mentality must be peaceful. If you pretend to be lofty in life, you will often end up in narcissism; Stock trading will directly lead to losses. When I call it brave, can it be called reckless? Can I call it timidity when I call it reason? Whether I am in an impetuous state of mind in the whole transaction process can be called willfulness. Isn't this always the case? When we reluctantly give up what we love and turn to Prince Charming, we find that "first love" is the best.
I am a banker.
When I got married, the stock my husband bought began to rise, and he had been locked up for two years. He said I brought him good luck. My knowledge of stocks is probably proportional to my fear of mathematics. Only after marriage did I know that my husband was still a stock fan, and keeping his mouth shut was a stock. There are many metaphors I haven't heard. For example, my husband said that I was the best stock he bought, with less investment and more output. I asked him if good stocks always have to be sold in the end. He said no, as long as it can continue to create benefits, long-term people are not willing to let go. Let me get this straight. I am a blue chip, and my performance is particularly good? What he said is not entirely true. There is a stock called "high-speed growth stock", which was completely inconspicuous at first. Only discerning people can see its potential, and its appreciation potential is infinite; He also said that my stock is a banker's stock and he wants to be the chairman for life.
"Chairman understand? It is to own at least 5 1% of the shares. "
"That's still 49%?"
"The child in your belly."
After the Year of the Ox, the stock market was once bullish, and my husband was busier. She often calls her retired mother-in-law who teaches finance and economics at the university to discuss which stock to buy or sell. Although I can't understand the stock market, I am a layman who loves money. I once read a report in the newspaper: The psychology department of Yale University in the United States made such a survey, and scored 100 photos of men's wives of college students, with 20 points out of 100, 14 to 20 points being beautiful women and 13 points being ordinary people. The survey results show that the average life expectancy of men who marry beautiful women is shorter than that of men who marry ordinary people 12 years. I left this newspaper for my husband to read. He smiled and said, What's the point of marrying an ugly man and living for 12 years?
I asked him, is beauty a man's "blue chip"? People are catching up? He thought about it, saying that beautiful women may be like this when they are young. At this time, almost all the people who pursue them are young "investors", but generally speaking, the comprehensive index of beautiful women will not be too high, and the days of being a blue chip will not be too long. Beauty said it was discounted and immediately became a third-tier stock, which was popular. I think he is perfunctory, because for most men, the logic is clear, but even if the theory is armed to the teeth, not many people really make money in the stock market. For beauty, it must be a set of theories and a set of actions.
After the birth of the child, the stock market has been bad, and my husband never talks about stocks again. I think it must be boring. China's stock market probably belongs to the kind of people who don't believe in the truth-if the theory of the stock market can guide practice, China could have realized the dream of making a fortune for countless people. The only thing that has not been lost is probably that he intends to be the wife of a "banker's stock" for a lifetime. Marrying a wife and having children is equal to one get one free of the dividend plan, and the profit is 100%. Where can I find it?
5. Understand?
In a temple, a young monk asked the old monk what the value of life was. The old monk took a stone to the young monk. "You take him to the vegetable market to sell, but don't bid and don't really sell him. Come back and tell me other people's bids. " The old monk said, so the young monk went to the vegetable market to sell stones the next day, and two people came, one bid ten yuan for kimchi and the other ten yuan for kimchi. When the young monk returned, he told the old monk truthfully. The old monk asked him to take him to the jade market to sell tomorrow. The next day, the young monk came back and said to the old monk, "Today, someone offered 500,000 yuan, saying it was a rare jade." The old monk said, "You can take him to the diamond market tomorrow." . The next day, the young monk came back and said excitedly to the old monk, "Today, someone paid 50 million yuan to say that he is a rare beauty diamond in the world.
The old monk smiled and said, "This is a huge diamond. Do you understand the value of life now? " . He depends on what kind of eyes he looks at. He is obviously a diamond. If he doesn't look with diamond eyes, he can only be an ordinary stone! "The young monk had an epiphany.
I think Buddhism is boundless. Is the stock the same as him? I hope it will inspire you.
6, the stock market "meditation"
In the stock market, it is always bustling or stormy, the world is like chess, and the stock market is like a mystery. And each of us has more or less conflicts of interest in it, and care is even more chaotic, immersed in it because of greed and obsession. How can we keep a clear head in all kinds of troubles? How can we accurately grasp the pulse of the general trend?
I think all my friends know the saying "the interested party loses, the bystander sees clearly", but have friends ever thought about the profound meaning of this sentence? "There are stocks in hand but no stocks in mind" should be the best interpretation of its application in stock market analysis. "No stocks in mind" and no gains and losses in mind can make a more objective and calm analysis of market changes and make a more accurate operation of "stocks in hand". Of course, this is far from the highest level. Li Taibai's famous phrase "I don't know the true face of Lushan Mountain, but toward which corner of the mountain" and "Take a step back and broaden the horizon" also contains such artistic conception.
We want to climb an unknown mountain. If all we do is step by step and focus on solving the immediate problems, how long will it take us to really get out of this mountain? If we can overlook the whole mountain from a height first, instead of just obsessing about the vanity and troubles in front of us, maybe we can climb the mountain faster and better.
We came to the stock market with greed for profits. If we can't have a correct and detached concept, then we will only fall into a cruel whirlpool, and our innate greed will only make us sink deeper and deeper in the whirlpool. Don't be complacent because of a moment of luck. If you don't know how to jump out in time, you will be swallowed up sooner or later. Can the original intention of greedy "profit" be changed? At least you can learn about it from different heights and angles. To cultivate our ability to see things from a higher level and a broader perspective, we may have a clearer and deeper understanding of the nature of things by changing our thinking and perspective, so as to be less obsessed with ourselves and less worried about temporary gains and losses, and better grasp the general trend based on the long term. "Don't rejoice in things, don't grieve for yourself", the ancients have already reminded and educated our descendants.
We all need to constantly adjust our thinking according to the development and changes of the situation. Since the stock market is a product of marketization, we should judge the general trend by the basic laws of the market and insist on using dialectics to make individual stocks. We should all follow the trend, but this situation refers to the real general trend, not the noise caused by temporary subjective wishes and needs.
Laozi said: Do nothing without doing anything. Nothing is nothing, nothing is nothing. Really wise and philosophical! Less gain and loss, more normality. Maybe we can make our stock and life better and more exciting.
7. Common mistakes made by investors
(1), most investors don't know the criteria for choosing a good stock, so they can't get in. They often blindly buy fourth-rate stocks.
(2) When stocks fall, buying is the easiest way to lose money. Some people like to pick bargains, but they often have no good ones.
(3) Another worse habit is to buy more when falling, and buy more when rising. This amateur investment strategy will cause huge losses, and several big losses may be wiped out.
(4) People who love to pick bargains often buy a lot of bargains. A stock of two or three dollars is lovely. But if you buy more, you will lose quickly. Buying cheap stocks has a lot of commission, and it falls much faster than other stocks.
(5) Beginners often want to do it overnight. They want to make a fortune without adequate research preparation and learning basic skills.
(6) Many investors like to buy stocks according to inside information, gossip and the advice of some consulting companies. They would rather listen to others and take risks with their hard-earned money than explore for themselves. Most of the rumors are false, and even if they are true, the stock price tends to go in the opposite direction.
(7) Investors buy second-rate stocks only because of high dividends or price-earnings ratio. Dividends are not important. If a company pays too much dividends, it has to go out to raise funds and pay high interest for it. But a company's low P/E ratio may be due to its poor past performance.
People like to buy shares in companies with familiar names. You may not have heard of the names of many good stock companies, but you can find them through research.
(9) Most investors can't find good information consultation. Some people can't tell the difference when they get good advice, or they can't follow it. Ordinary friends, brokers or consulting companies can't give good advice. Only a few friends, brokers or consulting companies who have gained something in the stock market can make reference. Excellent brokers are as rare as excellent doctors and lawyers.
(10), 98% people are afraid to buy stocks whose prices have just hit a new high. They always think the price is too high. But personal feelings and ideas are often different from the market.
(1 1), most lame investors are reluctant to cut orders with losses. When the loss is small and reasonable, they are unwilling to end it, but they are willing to stick to it until the loss continues to expand. This is the weakness of human nature.
(12) Similarly, investors always cash in profits quickly. Stocks that make money are always sold quickly, while stocks that lose money are always stuck, which runs counter to the correct investment procedures.
(15), novices often use limit orders rather than market orders. They care too much about the price and ignore the general trend. Limit orders will lead to hesitation when leaving the market.
(16), some investors are always indecisive. When they make decisions, they don't know what they are doing, and they have no plan or guidance, so they are in a dilemma.
(17), most investors can't look at stocks objectively. They always have subjective wishes and preferences. They make decisions according to their own wishes, thus ignoring market signals.
(18), investors are often influenced by things that are not really important, such as share split, increasing dividends, press releases, and suggestions from consulting companies.
(19), I must not sell my stock at a loss, I must not lose money.
A considerable part of the money I invested must be recovered.
(2 1), I must be more effective than someone.
When the stock price hit rock bottom, I had to buy it.
When the stock price rises to the highest point, I have to sell it.
I should buy it at a lower price.
I should sell it while the price is still high.
I only buy stocks with low P/E ratio.
I only buy blue chips.
I only buy stocks with high interest rates.
(29), the stock market is manipulated by insiders and experts, and the average person has no chance to make a profit.
(30), the so-called investment experts know nothing at all and often make mistakes.
(3 1), never buy stocks recommended by brokers.
Brokers spend a lot of time studying the stock market, and they always know more than I do.
I am much smarter than these investment experts.
My stock this time must make up for my last loss.
(35), ... will never happen; Or will definitely. ...
I can't make mistakes; I have to make the right decision.
What will others think if I lose?
Losing money is terrible!
I made a mistake. I can't stand criticism from others.
I plan to make a lot of money in the stock market and come out beautifully, and others will respect me very much.
(4 1), I like the fresh excitement of the stock market.
If I make a lot of money in the stock market and go out beautifully, others will respect me very much.
The richer I am, the more valuable I am.
The performance of the stock I bought in the stock market reflects my personal intelligence and ability.
If I succeed in investing in stocks, I will be envied by people around me.
My stock can't go up too high, otherwise it won't have a good result.
8. Learn to "run for your life"
Speaking of "running for your life", it always reminds me of the painful memories of the "tragic" year-end three years ago. In September of that year, I ended my three-year working life in Shenzhen and returned to my hometown to recuperate. My wife saw that I was always indoors and advised me to "relax" in the lively stock market nearby. Who knows, this time I was distracted, which changed my life track from now on. 1996 is the hottest year in China stock market. I finally couldn't resist the temptation of the bustling crowd in the securities hall to make money, and went home to open an account with the 65438+ 10,000 yuan saved by working. At that time, the market was good and everything you bought went up. I chose SDB and Sichuan Changhong as two "flags" to buy. After two months, I actually made a lot of money. I was really excited at the time! In a blink of an eye, the year-end of 1996 has arrived. The market climbed to a high of 1274. After I sold the stock, I made a profit of 30%. However, with the sound of "rising", I am a little carried away. 65438+February, 1 1, when the market was still at the high point of 1258, I killed myself again. Man Cang ate into my favorite "Baihua Village" at the price of 13.50 yuan, hoping to fight another beautiful battle. Unexpectedly, "Baihua" didn't pick it, but stepped on a mine. 65438+February 65438+February, the night after I bought Baihua Village, People's Daily published a commentator's article, and then the stock market continued to fall. In a few days, Baihua Village was cut in half, which not only wiped out the money I earned for several months, but also lost a lot. I cried sadly! After a while, I stopped speculating in stocks and bought a lot of books to "literacy".
One of the interesting stories made me suddenly enlightened. This story is about a thief who was good at stealing. When my son grows up, he really wants to learn his father's stealing skills. One day, he told his father the idea of "taking over" and his father agreed. That night, the thief sneaked into a rich gentleman's house with his son in the dark. The thief quickly found the jewel box hidden in Mr. Yuan's home and skillfully opened it. When his son jumped into the box to get the jewelry, he suddenly slammed the lid on the box, locked his son in, locked the box and shouted "thief!" "Then escape alone. After being awakened by shouts in his sleep, the member immediately ordered the servants and maids to catch the thief. The son of a thief locked in a jewelry box was at a loss at first when he heard the sound of catching the thief, but he soon calmed down. He had a brainwave, holding the box in his hand and making a "chirp" sound. Seeing a mouse in the box, the members told the maid to open the box with a light. When the jewel box was opened, the thief's son jumped out, blew out the lamp in the maid's hand and ran away quickly. " Chase! "Who followed the shadow to recover. Just as he was about to catch up, the thief's son used his quick wits and saw a well by the roadside. He picked up a big stone and slammed it down, attracting the family. Then, run home smoothly. When he got home, he saw his sleeping father and complained angrily about why he didn't teach him to steal, but locked him in a box and almost died. The thief asked his son how he escaped. When his son told the story of his escape, the thief said happily, "son, you have learned my skills!" Seeing his son puzzled, he added, "If you want to learn to steal, you must learn to run for your life first. If you can't run for your life, even if you steal more things, you will be caught by the servants. Not only will you get nothing, but you will also lose your life, won't you? " .
After reading this thought-provoking story, I finally found the root of my problem: stock trading, in a sense, is speculation. And I just bury myself in the stock market, don't look at the market, don't study the general trend, see that the market has peaked, but I don't know how to "escape", but rush in. Is there any reason? The stock market generally has one or two waves every year. Only by grasping the market and learning to escape from the "top" can we keep the victory.