Chapter 125: Nine Great Realms
Li Yajun snorted coldly and retorted: "So you second generations are all lucky in your previous life and born in a good family, otherwise you don't know where to move bricks now!"
Lao Tan showed a triumphant smile, elegantly signaling that the other party didn't care, Li Yajun obviously felt Johnson's interest, and continued: "At the worst time in 08, it took a whole day for 300,000 shares to be sold out on the fall limit, and the next day I gritted my teeth and had to continue, which was really like a knife." ”
"Those days when I couldn't sleep at night, wandering in the community was full of the shadow of stocks, even if the peerless beauty was lying in front of me with her legs crossed, she might not be able to get hard!"
"By '09, it was a bull market for the CSI 500, and I was a little embarrassed that stocks weren't red every day. I feel like Brad Pitt is as star-studded as I am, full of the sexy fire that sets the world on fire. ”
"Pride is better than the water of the Yangtze River, and thousands of miles of mountains and rivers are full of sunshine. Sometimes I think that one day I can be like Tony Leung in Infernal Affairs, standing on the rooftop and saying that handsomely: I'm sorry, I'm a fund manager!"
"Now every day when I open my eyes, I have to delete 40,000 unread emails in my mailbox, add 100 unread text messages and dozens of missed calls to my mobile phone. I have been studying the materials from morning to night, and the first hour is still discussing the investment direction in the next five years, and the next topic immediately becomes the cost of permeable dams for raising sea cucumbers......"
"It was so easy to go on vacation last year, and I vowed at Waiki Beach that I couldn't let investment take up all the time, and I slowed down the pace, only to come back and still spin and turn, and I couldn't stop at all. ”
"In the private equity industry, it's not about dress, age, company size, the only thing that matters is that you have to get an absolute alpha that matches the risk. ”
"Performance, performance, performance. No one cares about your looks, age, or experience, only about the value of your investment and whether you can make money in the market consistently. ”
"So in the company you're just a number, and if you don't perform well, you're a bad person. From mother-in-law to sweeping aunt, they will look at you with pity and a little contempt. ”
"Last month, I met a person on a business trip on the bullet train, chatted a few words and asked me what I do, and I said that I was doing stocks. His eyes were immediately full of sympathy, and he directly asked: How much has you lost?"
"Whenever your fund just falls by 5%, or a 10% rally doesn't keep up, it immediately comes to mind: How can anyone be so stupid?
"A colleague named Lao T, who is also a private equity manager, complains all day long and can't stand it, there is a customer who only invested 1 million, and he is often harassed 24 hours a day, and he really wants to fucking kick out my fund. ”
In fact, not only did he not do this, but he even more knelt and licked others, and could only sigh: The one who steals the hook will be punished, and the one who steals the country will be punished!"
Lao Tan pursed his lips and said disdainfully: "Or are you not bold enough, a million?"
"When you owe hundreds of millions to the bank, see who is the grandson?"
The two were in a burst of mouth cannon mode again, Johnson smiled but did not speak, it seems that the relationship is good, and they can be true friends with each other.
Finally stopped, Johnson tentatively asked, "What fund manager do you think is the master?"
"Master?" Li Yajun was stunned for a moment, pondered for a moment, and said seriously: "If you let me make an analogy, it is similar to a martial arts master, there are nine realms. ”
"When I first entered the stock market, I didn't understand anything, I bought what my peers bought, I was very careful in trading, the position was not large, and the holding period was short. ”
"Then, because I had made money, I became serious and knew how to do technical analysis, but I found that sometimes it worked and sometimes it didn't. Most of them are short-term trading, which is done strictly according to indicators and does not care about fundamentals. There are profits and losses in the account funds, and the overall state is a small loss. ”
"Using technical analysis to trade for a while, the account is still in a state of loss, and I start to learn other people's trading methods. Especially after understanding the value investment of the so-called death squad and Warren Buffett, he often chooses to chase strong stocks, but he can only do the same, and he does not know the skills behind the operation. ”
"Feeling helpless, losing confidence, and turning to the hands of experts or listening to insider information. The results are good and bad, and the whole is still losing money, and I begin to doubt and even complain, which is a bit crazy. ”
"I finally realized that I needed to build my own trading system, which is called entering the house. Learning more complex theories, such as wave theory and Gann theory, will also pay attention to chaos theory, understand that market trends are affected by fundamentals, and short-term fluctuations are affected by emotions, and begin to pay attention to macro policies and industry policies, as well as the rising logic of high-performing stocks, and at the same time become interested in studying market sentiment. ”
"Then you can hold on to stocks and cash, make and lose when you trade, and if you're lucky, you can make 30% or more. It can outperform the market, but the biggest problem is that there is no way to keep profits, and the account funds fluctuate greatly. ”
Li Yajun said with a smile: "These are not only fund managers, but every investor will encounter the same problem, just like playing antiques must pay tuition, no one can run, it is just someone who is smart and learns quickly." ”
"The beginner master trading system has gradually improved, and it is possible to formulate and implement trading plans, resulting in trading ideas and philosophies. Have your own unique way of analysis, know the short-term collocation, and no longer stick to a certain trading strategy. ”
"Because you can easily face winning and losing, understand that the money you lose now will be returned to you sooner or later, don't care about short-term gains and losses, and actively wait for greater opportunities. ”
"Martial arts in the world, only fast is not broken. Seize the opportunity, kill with one hit, and open the bow without looking back. ”
"In the minds of intermediate masters, trading has become an instinct, and the eyes are not confined to the stock market, but to stand on a higher understanding of the rise and fall of the index and individual stocks. The operation is more decisive, and the impact on the index stock price is getting smaller and smaller. Pay attention to the changes in your own logical conditions. The trading cycle is getting longer, the time to see the market is getting shorter, and the tolerance for risk is getting greater. ”
"The heavy sword has no edge, and the great ingenuity is not worked. One force will drop ten times, no matter how you change, one sword out, it will kill you!"
"The real top players as I understand them are not only limited to the stock market, but also invest in other markets. Accurately grasp the macro economy and use the economic cycle to choose market investment. ”
"Watching and listening to all directions, the so-called autumn wind is not moving, and the use of hedging reduces risks. The frequency of transactions is getting less and less, and if nothing happens, it will be a shock!"
Li Yajun said with admiration on his face: "It seems that the heroic style is clear, there is no trick to win, and you can kill people invisibly by picking flowers and leaves!"
"Bookmark for easy reading"