Chapter 11 Frequent Operations
Chapter 11 Frequent Operations
In this way, year after year, the stock market has also risen and fallen, fallen and risen, and repeatedly maintained the trend pattern of bears and long bulls and shorts.
Fortunately, after so many years of hard work, Zuo Yuliang miraculously survived in the stock market, although he didn't make any big money, he didn't lose much. The balance of payments has been basically maintained. And the master and apprentice teacher Shang who instructed Zuo Yuliang to buy stocks had already washed his hands early, especially when Zuo Yuliang talked to him about the stock market and stocks again, Master Shang and his apprentice had to sigh: "Ten years of stock speculation, missed the time, lost money!
It seems that Master Shang listened to the gossip and speculated in stocks, which not only hurt his body and mind, but also lost gold and silver, which really outweighed the losses. It is no wonder that the later master and apprentice, the main focus is entirely on Chinese teaching, he and his former opponent Liu Xiaoyun also released their suspicions, and the two of them actually discussed how to do a good job in the teaching of Chinese writing in junior high school in the office, and worked hard for the evaluation of senior titles.
Now, when Monk Zuo Yuliang and his apprentice said that the big bull market in the stock market was about to begin, he shook his head resolutely and said with a smile: "I was bitten by a snake once, and I am afraid of the well rope for ten years! Even if the stock market rises to 100,000 points in the future, I will not enter the stock market again." Of course, the stock machine that Shang used to configure for Master and Apprentice has also disappeared from his pocket, and the "Yangtze Evening News" that he used to read every day is no longer visible. In other words, this also reflects that every 10 years, China's stock market will change to a stubble of leeks, and the old leeks will be afraid of cutting, and the new leeks will grow up.
Every time he thinks of this, Zuo Yuliang feels that this is indeed the sadness of Chinese retail stock speculation. I know that I can't make money, but I still toss around every day!
Ten years of experience in stock trading and the golden washing of the master and apprentice teacher, Zuo Yuliang is also thinking about why they are so clear and watery in stock trading?
The answer may lie in two ways, one is to listen to the grapevine, and the other is to operate frequently.
Among the people Zuo Yuliang is familiar with, listening to the gossip and speculating in stocks, the typical representative is Master Shang. For so many years, for Master Shang's apprentices, his first creed of stock speculation is to rely on the so-called internal grapevine, of course, it is not excluded that there are times when there is money, but most of the time it is a loss of money and a quilt.
Anyone who speculates in stocks will know that when you follow the news and buy rising stocks, you may make a profit during the period, but the hardest thing for you to know for sure is that you don't know what price it will rise. If you throw it early, it will rise later, and you will regret it, and if you throw it late, he will go all the way down, and even the previous profits will fall. And when it is really covered, it is hoped that it can rebound, and the clinker wants to kill the stock price all the way and not look back. When I can't stand being trapped, I see that there is no hope of losing money, and I don't know when the stock price is the bottom, the more I fall, the more scared I become, and finally I start to cut the meat when I am helpless, and often cut it on the floor, this kind of blow is the biggest and most hurtful to people who speculate in stocks. Time is lost, money is lost.
Therefore, after learning the lesson of Master Shang's apprentice, Zuo Yuliang never listened to gossip when buying stocks. But in this way, it is inevitable that you will lose money, because there are too many routines for stock prices to rise and fall, and they cannot be solved by just reading a few books. He needs stock speculators to patiently accumulate ordinary operating experience and be familiar with the possible routines and pitfalls in the stock market to the greatest extent.
The second reason for losing money in the stock market is frequent operation, which is a common problem for all retail investors to speculate in stocks. Including Zuo Yuliang, he couldn't escape his clutches. When he first got involved in the stock market, Zuo Yuliang couldn't wait to be able to trade every day, and even imagined that the best country could open for a few hours at night for stock trading, and he felt uncomfortable if he didn't buy stocks for a day. As everyone knows, for such high-frequency stock trading, Zuo Yuliang has to pay high taxes and fees such as runway fees and transaction commissions. The so-called coming out of the mix sooner or later has to be repaid, stock trading is like a person's growth process, there is ignorance and naivety in youth, but there is also a great understanding after growing up.
Zuo Yuliang clearly remembers that when he was in his third year of stock trading, his stock market capital was about 80,000 yuan. Of course, some of this money was made in the stock market, and some of it was added to other income. It was this 80,000 yuan, and the cumulative taxes and fees in a year's transactions were as high as more than 80,000 yuan, which made Zuo Yuliang surprised later, because he had been busy for a year, and he didn't even earn 8,000!
Of course, Zuo Yuliang got the news because the brokerage manager in charge of his securities account called him to tell him.
Zuo Yuliang remembers that that day was also a day of stock trading, and Zuo Yuliang received a strange phone call, and the person on the other end of the phone said that he would recharge his mobile phone with 100 yuan as a reward. After trying to explain to the other party, Zuo Yuliang realized that it was Zuo Yuliang who had made a great contribution to their exchange in the stock market transaction, and the annual principal of more than 80,000 yuan had created double the tax, so the exchange called him to reward him. Hearing this call, Zuo Yuliang couldn't cry or laugh, he thought about it and didn't earn 80,000 yuan a year, but he actually created a transaction fee of 80,000 yuan, isn't this a standard wedding dress for others?
That phone call reminded Zuo Yuliang that the frequent stock trading operations were helping the brokerage company!
Every time you trade, your wool is swept away, and as a retail trader, how much wool is good to be picked over and over again?
Finding the crux of the loss, Zuo Yuliang made an improvement in later transactions by maximizing the holding time and minimizing the number of transactions.
And the losses incurred in stock trading, not to mention these two problems? At present, the master and apprentice have fallen, Shi Chunqiu has also retired in the office, and Zuo Yuliang is the only one still alive in the stock market. Sadly, no one in the office talks to him about stocks anymore.
A sense of loneliness that was strange to a hero suddenly hit Zuo Yuliang's heart.
Could it be that Zuo Yuliang's stock speculation career has reached the end of the road?