Tang Xiao didn't expect that happiness would come so easily and so suddenly, and just wanted to learn the basic knowledge of stock investment, the path guided by physics teacher Liu Yun to his free and stubborn life was the all-encompassing financial market. Stocks are only a part of the financial market, and having someone lead the way will save you a lot of unnecessary trouble.

This is a colorful market, this is an all-inclusive market; There is a warm spring here, and there is a lost winter here. It's the best market and it's the worst market; This is the market of exuberance, but also the market of degenerate; This is a market of hope and a market of despair. This is the era of the market, and people with lofty ideals are chasing their interests - money, power, fame, beauty; This is an era of the market, where inaction people spend their time – emptiness, loneliness, chaos, and chaos.

It's still a smokeless battlefield, and you can make any decision you want, provided you follow the basic rules. A single thought can determine the success or failure of victory or defeat. In the fierce competition, some people are rich, some are happy, some are bankrupt, and some are ruined. This particular battlefield is the financial market, which includes bonds, stocks, futures, and foreign exchange. Some people will ask, where did the fund go, but in fact, the fund is a combination of these investment varieties. There are only four basic varieties: bonds, stocks, futures, and foreign exchange.

There is no love for no reason, there is no hate for no reason, and even if pie sometimes falls from the sky, there will never be a free lunch in this world. If you want to get something, you have to pay the price. There is no return without risk, and of course, there is no benefit without risk. The risk you face is the uncertainty of returns, which to put it bluntly, your costs may be wasted, and all contributions for the sake of returns will be wasted. Therefore, it is also said that this is both the road to freedom and the road to destruction. Someone once said: If you love someone, let him go to the financial market, because this is heaven, where he can get everything he wants, fame, power, wealth, beauty; If you hate a person, let him go to the financial market, because here is hell, he will be materially bankrupt, spiritually broken, pigs and dogs are not as good, life is better than death.

If you can persevere, it will be a different world. There is a saying circulating on Wall Street, the mecca of finance: "In the financial market, if you can hold on for ten years, you should be able to keep making money; If you can persist for 20 years, your investment experience will be of great significance; If you can last 30 years, you will be extremely wealthy when you retire. ”

Many people are just ordinary ants, and they don't know who is who when they enter the ant colony. If you want to pursue freedom, you have to pay a price. As a result, not everyone is so lucky, and many people will only hang up without scum. The higher the target, the greater the cost. The philosophy is very simple, after all, high returns come with high risks, and high risks do not necessarily bring high returns.

Although the financial market is cruel, it has given many people a chance to change their fate, so they stick to it here, keep moving forward, keep fighting, obscurity, no regrets, and live because of struggle and self-improvement.

Fate is only allowed to be in one's own hands.

After clarifying the path, for the rest of the summer vacation of the sophomore year, Tang Xiao stuck to Liu Yun's side and learned all kinds of knowledge from him. Liu Yun, as if deliberately hanging his appetite, taught Tang Xiao only some basic knowledge of economics, supply and demand theory, monetary theory, policy theory and the like, in his spare time, he also played chess with Tang Xiao, Go, fried Jinhua, and even, sometimes played Texas poker with him. The things explained are relatively superficial, mainly rules and the like, and there are no skills and no cheats. However, under Liu Yun's guidance, Tang Xiao was also quick to get started.

Seeing that the teacher knew all kinds of gambling games well, Tang Xiao thought to himself in the process of learning, this teacher Liu Yun will not be a gambler, because he lost all of them, he hid in the school and prepared to make money to pay off his debts.

For many people, learning the basics can be a pain, especially what is what. What are bonds, what are stocks, what are funds, what are futures, what is forex, these are the most basic questions. Next, there is why these things are there, under what circumstances they are generated, and then it is an analysis of the value of the influencing indicators, what is good and what is bad, which is bullish and which is bearish. Finally, it involves the problems of risk control and fund management.

Fortunately, Tang Xiao naturally likes logical analysis and studies hard, and the study of these theories is not difficult for him, and the frequent discussions also make him feel happy. He is constantly learning, a good start is equal to half the success, the basic knowledge is in place, the analysis of the market trend will be like a fish in water.

In the process of learning, Tang Xiao's understanding of gambling and gambling is also deepening.

For most people, the word gambling is not unfamiliar. Obviously, the traditional "guess the size" game is gambling. Buy and leave, resigned to fate. Basically, it's all about luck.

Gambling is a simple game of luck, and at the level of the game, it is a combination of luck and skill. For example, fried gold, three cards in hand, yours is a straight flush of A23, said big and big, at least big over pair, straight, flush; It is said that it is small and small, this is the smallest straight flush, and any leopard appears, it is the fate of losing. So here's the problem, if you're playing with someone else, and your hand is an A23 straight flush that you don't know, then what should you do in this case to get the most benefit and take the least risk. How to analyze and how to raise are all issues that gamblers should consider. The so-called game is to make a bigger profit and less when it loses, so as to realize the accumulation of resources and capital.

Fried gold flower is a relatively simple game, and when it comes to Texas poker, the card types and skills are much more complicated. Of course, this is not the most complicated, but the most complex is the variety of trading instruments in the financial markets. The financial market, said that it is risky, Buffett has seized the status of the world's richest man through the financial market, and Soros is known as the man who defeated the "Bank of England"; Saying that the risk is small, many people's living conditions have plummeted and their families have been ruined.

The game of the financial market is more complex than the game game, and the outcome of a single game is known quickly as long as you participate. For stocks, futures, bonds, and foreign exchange, all you can choose is the time period in between. They already exist before you are born; They will be there as you grow old. Even if you intervene, you don't know when you'll come out. In the face of certain things, limited by the transience of life, human beings are so small.

There are similarities between gambling and gambling, but the real masters have shifted from gambling to gambling, from gambling to gambling. After all, gambling relies on luck, while gambling relies on technology and analysis.

The financial market is not gambling, it is a game with time and human nature. After understanding the basic rules and mastering fundamental analysis, technical analysis, policy analysis, and capital analysis, human nature is a crucial point to test people in order to survive in the financial market. Greed puts you at great risk, and fear exposes you to mental torment. The double oppression of spirit and material makes people live in a depressing time and space. But in the end, all successful people will change their hearts.

Tang Xiao also has a clear understanding of the laws of statistics.

Statistical laws seem reasonable, but they are actually. After all, there are only a few people who can play countless large-scale games. Many people's capital is only allowed to fail two or three times. A low-probability event is a veritable killer. Sometimes, the appearance is a huge hidden danger trap, and the stronger the appearance, the worse the loss. A big hand will make you lose more, and a small hand will make it easier to choose a stop loss. There is also a more peculiar phenomenon, that is, for ordinary people, if the way of doing things and the way of thinking about dealing with problems is correct, then for most problems, it will not have much negative effect on him, but it may become stronger and stronger, but he is easy to lose in small probability events, those things that do not play cards according to common sense. If the method is wrong and the way of thinking is flawed, it is also refreshing, and it will be directly erased by a high probability event. If the method is right, it will be ruined on a small probability event; The method is wrong, and it is ruined on the event of high probability. There is no such thing as immutable truth, and everything is full of variables.

Probability or win rate is only applicable on the basis of large-scale statistics, for a single game, a large win rate may not win, and a small win rate may not lose. Don't give up when you don't show your cards. We must not only believe in our own strength, but also believe in our own luck, so that the real brave will be fortunate in the opportunity and respected by thousands of people.

The more I learned, the more Tang Xiao felt that the concept of game theory was a good thing.

If game theory is combined with various situations in life, this is a set of theoretical research on how to deal with people and things, knowledge comes from life, is the creative accumulation of experience, and should be applied to specific practice. The ultimate goal of the game is to find the best strategy for yourself in all kinds of games, so as to get the best results. The purpose of the game is not what kind of cards you have, the key is to play it well on the basis of this deck of cards and get more of what you want and need.

And in real life, it's impossible to start with a good deck of cards. Those who have good cards, of course, are happy, because the cards are good, and they are good to play. In most cases, this is not the case, and what you have in your hand is a deck of bad and smelly cards. At this time, it is the time to test you, how do you choose, give up another opportunity or insist on waiting for the opportunity, this is what the gambler has to do, gradually accumulate advantages, stable and sustainable development.

Gradually, Tang Xiao felt that the path of freedom and stubbornness she chose was actually a path of game, playing in all kinds of activities in life, being a person who pursues freedom, and becoming a stubborn master of life.