“Stock do hand trading technique” after reading
preface
This book is also an investment primer must read a book, and is a very successful loser author of the book, the author of this book is not high posture to guide the country, but with simple humor to tell you some simple truth, And how to avoid the influence of personal feelings on rational judgment (in fact, it is better to read “Memoirs of the Stock Maker”).
My view on the stock market is as follows: Fundamental philosophy is to win money, not to let oneself do not lose money, put the money into the stock market, not to make money is losing money not kui is making money, these two ideas have substaintial distinction, another thought you cannot control the stock market, if you use the rational thinking and at the right time to buy, then the trend of The Times the last you only need to prepare one thing: sit for money! Finally, don’t affect your standard of living for what you don’t get, but be sure to keep awake for any little money you lose. Your capital in the stock market is your power.
Why read this book?
After reading the book of ** “Memoirs of stock hands” ** before, I have a strong interest in this author. I did not have a detailed understanding before, thinking that the book is written by the author personally, but in fact, only this book is really written by the author. Content is very directly to individual experience, of course, is not to say that the author how to buy and sell, livermore, we need to learn how to use rational judgment rather than perceptual view or hope or fear, the smile of the most happy in the stock market is often through the long cry the worst tend to be trying to get rich quickly and rich.
Personal assessment
The book contains livermore’s experience and the essence, can see the author for the analysis of human nature is very profound, and experienced a failure after he summarized the experience of more, as a people want to invest in the stock market, this book is basically a will read a book, don’t hold to pick up money mentality to face the market, because all the people in it are all have such idea, Although this ups and downs of the game a lot of people are watching quite open, but human weakness always let this game can be repeated.
As a speculator, all you have to do is to constantly think and analyze, summarize your experience and curb your human weaknesses.
Description of content
Acquisitiveness of Money (emphasis)
The book inspired me to think about the possessiveness of money. The author suggested that if you want to improve your possessiveness of money, you should take money out of the bank regularly, count it, and then put it back. In this way, you can have a strong desire to possess money. But in my opinion, what most people lack in today’s era is no sense of gain.
Individuals even if, in fact, now the scanning s without cash will remain with hundreds of dollars in the body), of course, in many cases is in not on (I can’t find buy a watermelon open change, but the key time may help, such as when you lost my phone can’t take the subway from the above at the same time the author’s experience can not help but reflect on it: Why is money less and less sensitive? Why do modern people spend so much? Self-control is on the one hand, but more is that we don’t have the money for * * * * “ownership”, the loss of money for us like a digital subtraction, if extended to the stock market, we also is not hard to understand why some people lost a few points, 10 to 20 points after wake up, they have no opportunity to turn over, Because they do not have a strong desire to “have money” from the beginning, so they regret and pain in the face of losses, but they gradually forget and continue to repeat the same mistakes after time washes away.
Finally, why can I keep reading? In fact, after I found myself reading books, I had a sense of gain and realized that time was more precious.
Watch out for “Someone says”
Not only in the stock market, on a lot of things we seem to hear the words, “someone said”, “like”, “as if” and so on unfounded news, the news not only affect our mood, and judgment, and, of course, the author also commandeered lost the original judgment accurately, it is because of a mistake, Let him make up the determination of a lifetime to fight alone, of course, not to say that the discussion is completely invalid, for a person who just entered the stock market, first of all you need to rely on the fund to earn money and is now also making money for advice, or the money directly to the trust of the person custody, but do not follow the wind to buy base or stocks.
Take any “inside information” with caution, especially if you know some news in advance, and be sure to anticipate market reactions and make your own adjustments.
An insurmountable gap: losses
Don’t fear does not belong to their money to go, go, don’t let what you’ve got more money to do any investment must have psychological expectations and the bottom line, once the breakthrough the bottom line even if anything can’t stop you stop, or even temporarily the right investment in the future will also let you destroyed, people can’t earn money outside of their cognitive, never, If you envy others for being all-powerful, consider how much time and sweat they put in. When you’re relaxing, it’s when others are making money.
Stop is an insurmountable gap, a lot of people think can at any time by waiting to recover, but hope that in the stock market is the most deadly thing, if you don’t keep it real, fallen before dawn and dark shed must be you, it also involves a human weaknesses, you are to make money or lose after back to this make you feel better?
The mystery of leading stocks
In led a rally in shares mentioned in the books of lore of bold to follow the trend of The Times, but the market constantly changing, led a rally in shares is not necessarily always led, this truth in the e liquor body is not too appropriate, under the new energy on the upward trend this year, liquor has become the victim, and e don’t know how hold up the retail, If you don’t know what I’m talking about, you can look at ZFB and search efonda blue chip. In the first half of the year, I bought a heavy position and ran away when I realized it was bad. As for why to run away, on the one hand, the new energy side of the momentum stage, on the other hand, looking at the position there is always a bad hunch, this kind of hunch to the end
On the last tip
Many people think at the end of the book about the author puts forward personal downs “recording” is a very worthy of reference learning experience, of course, this notation is now already was replaced by the Internet, a lot of data need not be our notes, the Internet can check the record, but the corresponding to the modern gives people more opportunities and challenges. This tip is also directly skipped by myself, so my advice for this part of the content is to skip it completely.
Lesson learned – Barrel left barrel right
What does this mean? If you focus on 7, 8 month or fund stock market this year, will find that the mainstream plate is the oscillation period of the downturn, and coal, wind power, photovoltaic materials such as surge, individuals in the rally, although initially observed because of the weakness of human nature, because of the high did not dare to buy, finally missed trend, later I see because I don’t have to think and analysis, This is my money outside of the cognitive, I also can’t earn, in this lesson, I understand that a simple and even a bit silly, if you know any section began to shock or fall, the door must have a certain unpopular or having risen in the outbreak of the stock in the crazy, but I played for more than a year didn’t wake up, really embarrassed.
Lessons learned – My experience:
After all, personal finance has just started in the past two years, and most of my knowledge and experience are very superficial. Besides, I don’t touch stocks, because if I can’t win the “poor man’s stock”, I can’t win the fund.
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The stock market is left for right. If it’s not on your plate, it’s somewhere else, and you need to be patient to find it
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Money is always bouncing between different sectors on a big table, so if you see a jump in junk stocks one day, watch out for this signal. It’s not a signal to buy these sectors, of course.
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Of the stock market rise need borrow force, fall need output, buy a unit to want special affection, buy base can a bit slag, but be sure to must hold to.
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Historical experience can never be used as a prediction of the future, but can be used as a reference for the present and the past, there are always a few stocks killed leek way unchanged
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If there is no low or bottom position, ups and downs are a kind of psychological torture for you
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The more basic materials stock funds are, the more cautious they are, because while they are usually stable, they are often messy.
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Don’t be superstitious fund managers, be sure to observe the upside potential of positions and a few leading stocks.
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A rise of 5 points and a fall of 3 points is called a rise and a rise of 2 points and a fall of 4 points. You don’t have to be down to buy, down 5 up 2 is also a pit.
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Plates can not be more than 4, but do not recommend less than 2 plates, at the same time the best proposal to control the fund in 4 below.
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Do not hold the mood of buying hundreds of pieces of play to enter the market, hundreds of pieces of profit and loss neither let you leave a profound lesson memory, also can not stimulate your desire for victory and money, simply put: no money do not waste time to try, your energy can only be put in this place.
conclusion
It is not a note, but a personal reading, and it is recommended that readers experience the book for real, which will certainly have a different feeling. The author also relies on the simultaneous experience of teaching and personal reflection to draw some conclusions.
Write in the last
Recently, I bought a mobile phone with an ink screen, which made me, a person who has not read books with a mobile phone for many years, enjoy it. Although the audience is small, I still appreciate the appearance of such a good thing as the ink screen.