The stock market has been crawling around for 30 years, seeing too many scattered rich and lost overnight. It has seen everyone in the cattle market making money. It has also seen a lot of screaming in the bear market。
Many people feel that they need to make a profit by choosing a precise stock, cutting the bottom, catching up and working with the main forces, studying a variety of complex technical indicators, asking for insider information, and finally making a mess, the more the principal is fired, the more the meat is cut off and the stock market is locked up. It's not as complicated as it is, and most of the fancy techniques, the seemingly deep theories, are cloudy, and they really make you a long-term stock market, you don't lose money, you don't lose a dollar in a market, you don't lose a dollar in a stock, and there's only one thing: always keep your hands back, keep your hands shut, keep your hands shut。
This is not speculation, nor is it luck, but the bottom logic of 30 years of lost real money and silver, not exaggerating words, no false recipes, all dry goods that ordinary people can read and do directly, and it is clear that the hard core of a job never earns money, but how it does not lose money, and how it always takes initiative。
Face the truth first: the vast majority of people in the stock market are losing, not by bad technology, not by bad news, but by a complete sense of risk, never knowing how to stay behind, block all back roads, and end up in the market。
Most of the bulky shares are in the same pattern: looking at a stock, it's full of silos, it's hard to put all the money, even the money, the leverage, and it's hard to figure out how fast the stock prices are going. When stock prices rise, they are too greedy to sell and want to earn more; when stock prices fall, they panic, they are forced to cut to death, and there is nothing left to cover, and they can only watch the accounts shrink and go deeper, with the final price being cut and even dropped to a very low level, and they can't move, either to cut their meat, or to do so for years。
This is an exercise in total luck, in which we treat our stock as gambling, with profit, without risk at all, without risk resistance, not to say that the stock falls to a dollar, with a small turnback, and is cut to death, with no ability to respond, and that the loss of money is inevitable, and the loss of money is a coincidence。
And for 30 years, i have always adhered to the principle that no matter how good the stock is, no matter how good it is, no matter how good it is, no matter how bad it is, no matter how bad it is, no matter how bad it is, no matter how bad it is, no matter how bad it is, no matter how bad it is, no matter how bad it is, no matter how bad it is, no matter how hard it is, no matter how hard it is, no matter how bad it is, no matter how hard it is, no matter how hard it is, no matter how hard it is, no matter how hard it is, no matter how hard it is, no matter how hard it is, no matter how hard it is, no matter how hard it is, no matter how hard it is, no matter how much the price of the stock falls, no matter how much it falls, no matter how hard it is, no matter how it is, no matter what it is, no matter what it is, no matter how it is, no matter what it is, no matter what it is. This is the ultimate bottom card of a stable stock market and the simplest and most central bottom logic, which seems simple, with more than 90 per cent of the bulkers unable to do so。
First of all, let's get this straight: what's left behind? Instead of leaving cash behind, it was leaving room for survival, leaving room for error and turning back, with rules at every step and a bottom line for every operation。
First, keep the money and never leave it empty. It's the first iron rule
For 30 years, i have never had a full warehouse, even a highly performing and steady performance, with a maximum of no more than 70 per cent of the total, and most of the time, with a 50 per cent hold and at least 30 per cent of the idle。
Many dispersed households do not understand and feel dissatisfied with the fact that they do not earn a lot of money, and when they do well they do well, they want to eat a lot. But stock market risks are always everywhere, and no one can predict the evolution of stock prices with precision, and no single stock will rise or fall。
Dissatisfaction is to leave money to cover itself, to have money and not to panic. A stock, as long as the fundamentals are clean, not the rest of the market, falls short of price fluctuations, not zero values. When stock prices fall one layer, they are filled with a small amount of money, and the price is reduced, even if it falls to a few dollars or even a dollar, and there is money in its hand to add up, not to cut off, not to be passive, and when the stock price rebounds, it will soon be able to unwind the profits and will not be held in the nose。
For those who are in silos, the fall in stock prices can only be taken care of, and there is no remedy, and the price falls, the losses become greater, the mentality collapses completely, and in the end, either they are cut off or completely trapped, and there is no chance of turning over. In the stock market, cash is the base, cash is the backhand, and without all of the money invested, it will never end, which is the foundation of the stock market and the prerequisite for steady earnings。
Second, stay behind, spread out, don't gamble on a stock, don't bet on a single track
Another fatal error of the diaspora was to buy all the money in a single stock, bet on a block, bet on the stock to go up, and once the stock was sorely and continuously down, the entire account collapsed, leaving no room for recovery。
It is important to separate the stock and keep the eggs in the same basket. Instead of buying more than one stock in your pocket, you have chosen three to five basics of high quality, stable performance, no risk of exit, and different performance shares in the industry, with a single stock position of no more than 20 per cent of the total, no single mark, and no single trade。
This way, even if one of the stocks falls sharply, or even to very low prices, and the others move in a normal way, they will be able to offset the losses and will not affect the account as a whole, nor will they be lost. Even one of the shares fell to a dollar because the warehouse position was manageable, the overall loss was minimal, and with the availability of the reserve funds, it was easy to deal with it, and there was no significant contraction of the account and no return of the blood。
In the stock market, the greatest fear of being desperate and dispersed is not to spread the gains, to spread the risks, to insure itself financially against the extreme risks posed by a single stock, a single block, and, regardless of how the market moves, to have no overall loss, which is the core guarantee of long-term stability。
And third, hang on to your head, put your free money on the stock market, don't touch your loan money, don't leverage it
This is the core bottom line of the last hand, and it is an easy point for many to ignore. The funds must be unserviceable for long periods of time, after living expenses, emergency deposits, mortgages, household expenses, completely unused, and must never be used for borrowing, loans, credit cards, old-age payments, life-saving stocks, or for financing or off-site leverage。
Leveraging funds and borrowing funds to buy shares is to completely block all of their back roads, completely without risk resistance. The leverage has a mandatory silo rule, and a slight drop in stock prices is at risk, and once the stock price falls sharply, the warehouse goes directly, the principal is lost, and there is no chance of any reversal, even if subsequent stock prices rise。
There is no time pressure, no pressure to calm down, no pressure to finance, and complete peace of mind. Equities fall in the short term, without panic, without being forced to cut, and can be held for a long time, patiently awaiting reversal. Even if the stock price drops to a dollar, as long as the stock does not go back on the market, there will be a day of rebounding, without needing to stop, without financial pressure, with steady mentalities and without disruption, to hold the principal and wait for profit。
I've seen too many leveraged stock silos for 30 years, and i've seen too many loan-soldled stock-suckings, all without exception, all behind-the-ground, desperate for success, and eventually losing. It is essential to keep the stakes up and running in the long term。
Fourth, keep your hands up, don't follow, don't copy, don't trade too often. Bottom line
Many of the diasporas have lost money, operating too casually, are blindly pursuing the price of the stock when they see the stock price rise so high, are blindly plowing the bottom when they see the stock price fall, are tickling in the face of a day's trade, often buy and sell, catch and fall, and in the end, have lost a lot of money, and have sustained a loss of principal, with no operating principles at all。
It is also necessary to keep the hands off the back, not make uncertain transactions, not follow the wind blindly, not follow the high-level boom, not follow the bottom of the downward trend, do what you can understand, only buy low-quality, well-valued shares, set a good end to profit and loss, no greed, no fear。
Prior to buying into stocks, the goal of profit-making was well-thought out in advance, the expected gains were earned, the boldness of the package was secured, and there was no greed for subsequent increases; stock prices fell short of expectations, small losses were incurred, losses were stopped in time, and mistakes were not carried out, and luck was not taken. It does not change shares frequently, does not operate blindly, has a plan for every transaction, can stop losses in a timely manner even if it is miscalculated, does not cause significant losses and does not put itself in an irremediable position。
Next, let's be clear: why don't you just keep your hands back and the stock drops to a dollar
A non-released, basic and normal stock, the price of which fell to a dollar, was a fall in prices under extreme conditions, not a total collapse of the company and zero value. As long as you do not have a full warehouse, do not have leverage, do not have a full bet, have idle funds in your hand, the warehouse is dispersed and the stock is distributed, there is no need to panic。
First, it is light and has limited losses that do not damage the principal; secondly, it is in its hands that it is possible to raise it at a low and constant price, with a large share of its costs; and finally, without financial pressure, it is patiently held to wait for the market to warm itself, and once the stock price rebounds, it can be quickly defused and even profited。
Those who do not wait for the price to drop to a dollar, and who do not wait for the price to fall in a small wave, have already left the field in huge losses and lost their chances of turning over。
The essence of the stock market is to keep the principal before seeking profit, rather than to make money before risk. Many people went upside down, thinking about making a lot of money, making a lot of money quickly, ignoring the risks of the stock market, and eventually getting out of the market. The real stockbroker is never the most profitable man, but the longest-lived, most risk-controlled man, not the short-term windfall, but the long-term stability, the profit and the profit。
Thirty years of stock-sharing, i've summed up the truth: the stock market is much more profitable than who does not, who loses less and who lives long. When it is good, it earns money with the market; when it is bad, it keeps its principal and spends years and years, it can win the vast majority and achieve a steady profit。
Instead of superstition of the market's wealth and so-called grandeur flying, all profits that are not controlled by the wind or left behind are temporary and will be returned to the market sooner or later; long-term profits are essential if the risks are to be protected and the trail is to be left behind. It is the right way for ordinary people to open their shares without enviing others to double their short-term earnings and to be able to increase their value steadily over the years。
It was never technical, information-sharing, risk-awareness, self-discipline and the ability to stay behind. No greed, no impotence, no indigence, no leverage, no exit for yourself forever, no money for money, no spare time, no money for stock, no matter whether the market rises or falls, no matter what the price of the stock falls, it can be dealt with easily, even if the stock price falls to a dollar, no panic, no loss, that is the only bottom logic of 30 years of stock-sharing and no loss。
Without complex theories, without hard-to-understood techniques, with simple ways, with simple ideas, the more practical, the easier to be ignored, and the more able to do it, it is possible to stay in the stock market and make steady money。
Finally, we are reminded that there are risks in the market and that investment needs to be prudent, and this paper is a 30-year experience-sharing exercise that does not constitute any investment proposal, a rational one, and a modest one。
