1. Work diligently and never invest in stocks!
Investing in stocks can be addictive. It will make you obsessed with learning about K-line charts and following various news, which means you will sacrifice a lot of personal freedom and time with your family.
2. People who are not addicted to stock trading are even less suitable for it.
Normal people, whether adults or children, can become addicted to playing games. The rise and fall of stock prices are related to money. Although it may seem like just a number, it is actually your own hard-earned money.
We make money from stock trading, and we also lose money. Over time, it naturally becomes addictive.
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If you are not addicted to stock trading, you might as well just use a simulated trading platform. You won't feel the pain of gains and losses, and it won't affect your quality of life!
3. The stock market is risky, and you must use your spare money for stock trading, not loans!
If you start investing in the stock market by selling your house or borrowing money, and you lose more than half of it, it will definitely affect the normal operation of your family life, and this kind of blow is something most people cannot bear.
If you use your spare money for stock trading, it's a different story. You can improve your life by making money, and you won't affect your normal life even if you lose money. Your mindset will be completely different.Transitioning from one industry to another is certainly a process of moving from unfamiliarity to familiarity, and the same applies to stock trading. It is not advisable to rush into it.
4. When you decide to engage in stock trading, do not invest too much capital at first. It is best to start with a small amount of money to practice and get a feel for it.
There is a saying in the stock market, "one earns, two break even, and three lose." Train for a year and see where you stand.
Please remember: In the stock market, those who achieve "three times the return in one year" are as numerous as herring crossing a river; those who achieve "one time the return in three years" are few and far between. Steady growth in investment returns is the key!
Three years is neither a long nor a short period, so consider it as attending a junior college!
5. Since you have chosen to trade stocks, you must take it seriously and learn to summarize trading experiences.
First, familiarize yourself with the trading rules, learn to look at the minute chart, K-line, moving averages, trading volume, turnover rate, etc., and understand the company profile of the stocks to clarify its industry and concept classification.
Then, you need to be bold in predicting the trend of the stock. You can add it to your watchlist for observation, regardless of whether it is right or wrong, the main purpose is to find a feeling.
Analyze why it rises and why it falls? Is it the result of sector rotation or the result of individual stock news stimulation? In short, ask more whys.Continuous analysis and judgment - verification of results - summarization of experience - re-analysis and judgment - verification of results - summarization of experience... This cycle is repeated over and over again. By doing so, one can summarize their own trading rules, and over time, this will lead to progress.
6. Every day, insist on reviewing the market, predicting the next day's trend, and formulating operational strategies.
With one heart and two hands prepared! What to do if it rises? What to do if it falls? What to do if it rises sharply? What to do if it falls sharply? Being prepared for all scenarios ensures that there will be no panic the next day.
7. Persist in selecting stocks from the weekly line, choosing stocks in the upward channel. Use the daily line to retest the support line and build positions in batches, which can be done using the 235 or 334 method of entry.
Key point, key point!! Do not participate in stocks that have risen by more than 20 to 30 points in a single week or 40 to 50 points in two weeks. It's not that they are not good, but the risk is too great!
8. Understand the role of your holdings within the sector. Determine whether it is a leader, a follower, or a minor player, and whether it resonates with the sector.
In other words, see if it is the leader of the sector? Or does it have the potential to become the leader of the sector?
Because the leader has strong explosive power and popularity, and is also more resistant to falls. Once you catch it, you will even steal a smile in your sleep.9. Cultivate good habits, collect the leaders in the sector well, and when the next wind rises, there may be surprises.
Because the leaders in the sector are usually the most popular, and their explosive power is also the strongest. They usually hold the core technology in the industry.
10. Never participate in the tickets promoted by big Vs, otherwise, it is very likely to stand at a high position. Also, do not listen to others' stock recommendations, be careful of the pig-killing plate.
When the stock market is good, it is the big God of the market who rewards you to eat! When the market is not good, even if Buffett comes, there is no way.
When the market or sector is good, you can hold positions and wait for the rise.
When the market or sector is volatile, be cautious and do not hold heavy positions.
When the market or sector is not good, try not to participate.
Well, let's talk about it here today.
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