After the morning class, Zhang Yuan saw that there was still some time before eating, and picked up the fifth chapter of "Memoirs of a Great Composer" and read it.

Learn from the past! This sentence said by the old man Confucius more than 2,000 years ago is a matter of experience and is very reasonable.

Now Zhang Yuanyi has a different feeling every time he reads "Memoirs of a Great Composer", and he will have a deeper understanding.

Looking at it, Zhang Yuanyi was once again attracted by the "leek" type mentioned in the book, and when he was training as a trader in school in June, Li Bai talked about the six levels of stockholders, and he talked about the level of stockholders.

But in Livermore, those who can't make money are all called "leeks".

A novice, in general, knows nothing about the stock market, and everyone, including himself, knows this.

The special Lao Tzu is here, take a look and take a look, we are 100% freshly baked "leeks"!

Completely ignorant of the rules and precedents, he began to buy boldly and blindly, because he had blind hopes!

In the stock market, apart from being cut, does he have any other fate? It doesn't seem to be.

But the reason why all shareholders enter this market is to make money, and in particular, Lao Tzu is not here to be a leek.

So after the first-class leeks were cut a stubble, he began to learn, studied at full speed, experienced a period of market experience and added a special love of learning, so he began to know "a lot", and began to become a second-class leek, as Li Bai said at the beginning, this kind of leeks especially like to let others know that they know a lot.

He's become an experienced leek, "I've done research!" He rejoiced in his heart.

But what is he studying? Is it the market itself? That's not it! So what is the research, the research is the market commentary that the leeks are more advanced than him say!

He is very clear about all the taboo things about intervening in the market that those stock market veterans can say in their mouths, but he ignores the most important one, that is, don't be a leek!

The second-level leek already knows how to avoid some mistakes that first-level leeks are easy to make by novices, and he also begins to think about how to avoid losing money, because he already knows how to wait for the stock price to fall, and he begins to judge whether he has picked up a bargain according to how much the stock price has fallen from the top! I like to buy when it falls, rather than blindly chasing up.

The second-level leeks are much more careful, and they think that they are starting to play this game smartly, but they don't know that they are actually operating according to the wisdom of others.

But in the eyes of the masters, leeks are leeks, and the final fate can't escape the fate of being cut!

If you buy in the process of falling, will you be able to make a profit?

Zhang Yuanyi once discussed this issue with Lin Danqing, and agreed that it is dangerous to buy the bottom! Ordinary people can't copy the bottom.

Zhang Yuanyi remembered a popular joke in the stock market:

The person who wanted to copy the bottom ended up copying it to his waist, what he didn't expect was that Nima, why is this waist so long! Someone continued to copy it, and this time it went to the floor! But I didn't expect that there was a basement, and the people who copied the basement didn't expect that there was a basement and a cellar, and the people who copied the cellar didn't expect that there was a crust under the cellar, and the people who copied the crust didn't expect that there was hell under the crust, and the people who copied the hell thought that Nima, it should have bottomed out now, but he didn't expect it to die: Hell really has 18 floors! FUCK!

Is the bottom really that easy to copy?

Lin Danqing once jokingly said: "Yuan Yi, the bottom is reserved for God to copy, let's be honest!" ”

Thinking about it, Zhang Yuanyi couldn't help but think of Lin Shuang'er, this little leek has been cut quite miserably recently, and it is indeed quite similar to the leek described by Livermore! Recently, I always want to copy the bottom, but my face is green!

Shuang'er should be a second-level leek, thinking of this, Zhang Yuanyi couldn't help but laugh.

It just so happened that Lin Shuang'er came over to ask Zhang Yuanyi to eat, and when he looked at the dishes on the table, Zhang Yuanyi couldn't help but be happy again, "Leeks!" ”

"What are you laughing at?" Lin Shuang'er has a black line.

"Uh...... It's nothing" Zhang Yuanyi doesn't want to mess with this little leek now.

The last time I laughed at her, my arm was bruised, and now it still hurts, but I don't want to defy the law anymore.

Shareholders always have a process of growth, maybe every shareholder starts with leeks, including those who later became masters, maybe Shuang'er will become a master in the future?

After another two days, the sixth chapter of "Memoirs of the Great Shogun" began: Think about the big market, not individual stocks!

Lin Danqing just answered Lin Shuang'er's question about a specific stock trading:

"Buy and sell for yourself. It's not yet possible to determine whether the market trend will rebound or return to the bull market, but I prefer that the recent sideways upward trend of the broader market is a trend reversal, but then again, if the general trend is not good, even if there are good targets, you should be cautious. There must be a process of testing positions in stocks, so that if you make a mistake, you can also reduce your losses. After all, there are bear stocks in a bull market, get it? ”

"Well, I understand" Lin Shuang'er nodded, looking like a good girl.

Zhang Yuan saw that Lin Danqing opened the chatterbox, and of course he didn't let go of the opportunity to ask for advice.

"Master, you just mentioned the market and individual stocks, I often see this phenomenon when I review, even if the market is good, there are falling stocks, even if the market is worse, there are rising stocks, what do you think of the relationship between the market and individual stocks?"

Lin Danqing glanced at Zhang Yuanyi deeply and said: "This question of yours, I also thought about it for a long time when I first started doing stocks, you see, no matter how the market rises or falls, individual stocks have fallen and risen, and some people who do stocks have concluded that there is any use in looking at the market?" As you just said, the market goes up and down anyway, and the market goes up and up, isn't it? ”

Zhang Yuan nodded, and at the same time poured a cup of brewed tea for Lin Danqing, and also poured a cup for Shuang'er and himself.

"Therefore, most retail investors tend to ignore the broader market when they do stocks. Even if they pay attention to the market, most retail investors only guess whether the market will rise or fall today, and whether the index will go up or down tomorrow, focusing on one or two days, and paying little attention to the overall trend of the market. They are guessing the market, not analyzing it. Don't look at the long term, only look at the near future. What is it? It's called a rat's eye! ”

Lin Danqing took a sip of tea and continued:

"In my personal experience, when doing stocks, you must not ignore the power of the broader market."

"To do stocks, we must have a holistic and systematic thinking, and the market is the system we want to grasp, otherwise you may face systemic risks, the market is the overall market situation we want to understand, the overall direction of the market. Do you say important or not? ”

Zhang Yuanyi said: "The big market is too important! Master, during this time, I also think that if the overall market is not good, no matter how good the stock is, I may not stick to it, even if I lose some opportunities. Recently, the market has fluctuated, and I don't think it's easy to do, so I'll have a short position, and I think I still need to wait a little longer. ”

Lin Danqing smiled slightly and said: "So, Shuang'er said behind his back that your big brother is very smart, you are indeed a stock material, it seems that I didn't look away this time!" ”

When Zhang Yuan heard Lin Danqing say this, he also hurriedly said: "Thank you for the master's praise, I will work harder to learn from the master in the future!" ”

Lin Danqing laughed, took a sip of tea, and shook his head with a smile, he still likes Zhang Yuanyi very much in his heart, he is diligent and studious, not ashamed to ask, and more importantly, he has a good character!

Suddenly, Zhang Yuanyi remembered another question and hurriedly asked:

"Master, do you say those who do short-term attention to the market?"

Lin Danqing took a sip of tea and said lightly: "The people I know who really do well in short-term trading attach great importance to the market, even if they are against the market, they dare not ignore the trend of the market." ”

"The practice of speculating only on the rise and fall of the stock index the next day is something that many stock commentators like to do, and if you want to go long in this market, you can't do it, even if it's short-term."

"If you don't do that, how do you do it? You have to pay attention to the general trend of the stock market, that is, the general direction of the market, and the general direction of the stock market can be judged day by day? Apparently not. Once the real trend is formed, it will take a long time to complete. In this way, you also have to consider factors such as the economic cycle. ”

"So this market not only refers to the change of the index, but also pays attention to the change of the economic cycle."

Zhang Yuanyi heard Lin Danqing analyze the market like this, but he had never heard it before, but it did make sense. So he nodded again and again: "Well, well, what the master said is very reasonable." ”

Lin Shuang'er glanced at Zhang Yuanyi, and said coquettishly: "Of course it makes sense, what my dad said is reasonable, hum"

Lin Danqing looked at Lin Shuang'er and shook his head with a smile.

Zhang Yuanyi sometimes has no way to deal with this little junior sister.

Seeing that the tea in Lin Danqing's cup was almost finished, Zhang Yuanyi filled it again.

"As far as the market in the sense of the stock market index is concerned, we can make an analogy, the market during the rising period, and the market during the rising period can be compared to a bodyguard!"

"Bodyguards?" It was the first time Zhang Yuanyi had heard that the market could be compared to a bodyguard.

"Yes, it's a bodyguard! When the market rises, it's like a bodyguard is right next to you. Unless your analytical skills are extremely poor or your luck is too bad, otherwise the market has been on the rise, individual stocks are rising, and no matter what stock you choose, you can make money and make a profit. You see, there was a time in January this year when the market was good, and almost all stocks rose! You see that during the last round of bull market, the stock index was like a rainbow, and individual stocks also rose, isn't that exactly the case? ”

Zhang Yuanyi and Lin Shuang'er both nodded.

"On the contrary, if the overall market is trending downward, it will be said that the bodyguard is gone, and you are no longer by your side, and you say that you, the master with a lot of cash in your hand, are wandering in the wilderness alleys, and it is not easy to be robbed?"

Lin Danqing paused when he said this.

Zhang Yuanyi said: "That must be easy to be robbed!" ”