162 The goshawk has only flesh in his eyes
Many times when doing something seriously, it makes people feel that time passes quickly.
It has entered August, and although the indices of Shanghai and Shenzhen are still oscillating at the relative bottom, there are obvious signs of an upward trend.
The changes in the indices of the Shanghai and Shenzhen stock markets are not subject to anyone's will, and they are about to come out of the bottom.
Zhang Yuanyi felt that a big opportunity in the stock market was coming, but it was still a little bit of effort.
The study and discussion of "Memoirs of a Great Writer" has also come to an end.
Zhang Yuanyi has read this book three times in just over a month, and he has really benefited a lot!
On this day, Zhang Yuanyi saw the relevant chapter of Livermore's bankruptcy again, so he asked Lin Danqing a question:
"Master, do you think doing stocks is a full-time job or a part-time job?"
Zhang Yuanyi saw that Livermore, a generation of speculative geniuses a hundred years ago, completely filed for bankruptcy protection, and unfortunately, the entire speculative market entered a four-year dull period.
"What do you think, Shuang'er?" Lin Danqing threw this question to Lin Shuang'er, who was waiting for an answer.
"Uh...... Of course, it's good to do trading full-time. You can't use one heart for the other! Lin Shuang'er thought about it and said with a pout.
"What if you lose money? Or in case you encounter this kind of market that has not been marketed for several years, what do you rely on to eat? Look at this chapter, Li Vermore encountered a round of market that has not been in the market for 4 years," Zhang Yuanyi pointed to the corresponding chapter to Lin Shuang'er.
"Hmm...... I think that even if the market is dull, there will be a small dinner market! Especially in our Shanghai and Shenzhen markets, there is a period of time every year when the market is the food market, as long as I catch the food market, it will definitely not be a problem to earn some living expenses in the stock market to support myself."
Lin Shuang'er glanced at Zhang Yuanyi and said affirmatively.
"Wrong, very wrong! Remember, never trade to earn your living expenses. This is a very dangerous practice! Lin Danqing suddenly interjected and said solemnly.
"Uh...... Master, I don't quite understand, is there anything wrong with earning living expenses from the market? Zhang Yuanyi asked puzzled.
Although Zhang Yuanyi is not inclined to be a full-time shareholder for retail investors, why can't he earn living expenses in the market?
"Because in the stock market, trading stocks is a job that cannot impose time limits. The purpose of our stock business is to make a lot of money, to achieve financial freedom, to achieve our ideals, not to support our families. β
Hearing Lin Danqing say this, Zhang Yuanyi still didn't quite understand.
"Let's put it this way, if there is a time limit for trading in the stock market, I think the time period for speculation in this market is at least four to five years. There used to be a very good master in this market who once said such a sentence, I will relay it to you, you can see if it makes sense."
He said: If you want to earn 100 million in five years, you can choose futures, because futures are highly leveraged and full of risks, but high risks are also high opportunities.
Zhang Yuanyi and Lin Shuang'er listened quietly and nodded.
"If you want to earn 10 million in five years, you can consider making stocks, if your principal is 1 million, do not rule out this possibility, because in China's Shanghai and Shenzhen markets, often 5 years is a bull and bear cycle, of course, this requires you to be lucky enough"
"If you want to earn 500,000 yuan in a year, you can consider going into business; If you want to earn 8,000 to 10,000 yuan a month for living expenses, it is recommended that you find a good job in a down-to-earth manner. β
Lin Danqing finished smiling and looked at Zhang Yuanyi and Lin Shuang'er.
"Master, do you mean that neither the stock market nor the futures market can guarantee a fixed profit every month? So it's not suitable for living expenses, right? Zhang Yuanyi asked.
Lin Danqing smiled faintly again and said:
"If you want to have a fixed income every month, in addition to work, you can buy government bonds or deposit them in the bank to collect interest, or even you give usury to others, of course, this is illegal."
"It can be said that whether it is the stock market or the futures market, there is a high risk, because futures have leverage, the risk is greater, of course, as I just said, high risk is high risk, but if you do it right, it is a big opportunity, but after all, it depends on the 'sky' to eat."
"If you don't open for three years, you can open for three years, it's the norm in this market, just like Livermore, once you don't have a market for four years, and after four years, the market comes, and you will get rich immediately."
Zhang Yuanyi now knows a lot about Livermore's life, and he knows that Livermore has indeed regained his vitality and fighting spirit again.
"Only big swings can make you big money! Be sure to remember. β
"It's just that the time of big fluctuations in this market, I'm afraid not even 20% of the time, the rest of the time is a small shock, do you have to rely on these small fluctuations to maintain your living expenses?"
"If I do it right, these small fluctuations should allow me to earn living expenses."
Lin Shuang'er said unconvinced, of course she knew that big money should be made in big fluctuations, and this concept was the most discussed during this time.
"Although it is unlikely that I will make a lot of money in a volatile market, but make a little money to make a living, and then wait until the big market comes, I will make a lot of money, isn't it better, than Dad, you used to say that it is better to rest?" Lin Shuang'er continued.
"Hey, it seems that you still need time to practice, theoretical cognition alone can never let you understand the cruelty of this market, licking blood on the knife edge, the risk is extremely great!" Lin Danqing was also very speechless about Lin Shuang'er's words, some time ago I just discussed that the best strategy in the shock city is to rest, and Lin Shuang'er now feels that rest is a waste of time.
Zhang Yuanyi is also listening to a black line, this little junior sister has started to have a fever again recently, right? Well, looking at her rosy cheeks, she should have a fever!
He now has a deep understanding of the importance of rest, and if he is always in the market, even if he has made money, he will eventually return it.
When you come out to mix, you always have to return it, Zhang Yuanyi remembered a popular sentence recently.
Lin Danqing shook his head with a smile and said to the two people:
"Do you know what the biggest difference between a goshawk and a fly is?"
"Goshawks and flies? Distinguish? β
Two people, you look at me, I look at you, big eyes and small eyes, both of them have a "I don't know" expression.
"Goshawks have only meat in their eyes, and flies have only in their eyes."
"Uh......" The two of them looked at Lin Danqing a little speechlessly, the metaphor of the master......
"Although the ants are small and have meat, it is rare to see the goshawk swooping down to the ground of the ants, and the flies bite when they see, if you have formed the character of a fly in the market shock for a long time, you think, once there is really a big market coming, can you still turn back into that fierce goshawk? Don't pick up the sesame seeds and lose the watermelon."
Lin Danqing said word by word.
Nima, the master's metaphor is simple and direct, a little yellow, Zhang Yuanyi slandered in his heart.
"Then master, I don't advocate earning living expenses in this market, after all, there are times when the market is bad, and when the market is bad, doing it full-time will not be profitable and even lead to physical and mental exhaustion, but it seems that it is not realistic to rest completely, after all, you still have to live, so what should I do?"
Zhang Yuanyi voiced his doubts.
"It needs to be corrected here" Lin Danqing was afraid that Zhang Yuanyi and Lin Shuang'er would misunderstand what he meant, and explained:
"Whether you can participate in this industry full-time depends on the individual. For example, if your principal is large enough, and you have tens of millions, and you can leave enough reserve funds for your living expenses in a bear market even according to the quarter system we said before, you can also consider becoming a full-time shareholder, but for the vast majority of people, especially novices who are new to this market with enthusiasm and little experience, I still strongly recommend them to find a job related to stock market trading. β
"Master, do you mean you can go to work in a securities company?" asked Zhang Yuanyi with a smile.
"Forehead......" Lin Danqing can't deny Zhang Yuanyi's thoughts.
"It's not impossible for you to think about it, but if you want to become big in this industry in the future, if you want to become a big player, it's best to find a job that can get access to big money, such as applying for a trader or the like, so that you can get the experience of big money, and you can also have a fixed income to support yourself, so that you don't delay, the position is not important, the important thing is that you must be able to access big money, which is good for your future trading career."
"Oh, master, I see. Master, what do you mean is that such a job can be stolen from a teacher. Zhang Yuanyi said, hehe laughed.
Lin Shuang'er was smiled by Zhang Yuan's black line, this guy, how did he think of such a term, "Stealing teachers to learn art, cast you a big head......"
"By the way, master, I have listened to your classes for more than a month during this time, I feel that although I have been a trader of Chuanhai Education for a period of time, but now I think about it is really too naΓ―ve, when can I learn from you the practical experience of trading large funds?"
Zhang Yuanyi asked a little embarrassed, after all, this is a disguised request.
When Lin Danqing heard Zhang Yuanyi say this, he couldn't help but smile slightly, and said, "Yuanyi, your request is not too much, don't blush."
Hearing Lin Danqing say this, Zhang Yuanyi felt a little embarrassed.
"On paper, I finally feel shallow, and I never know that I have to do it. No matter how much I say, it is not as great as the harvest of you going to the stock market or futures to break through. β
"Master leads the door to practice as an individual, and this practice is up to you. In fact, if you don't say it, I will also take you to practice, of course, you have to participate in this practice, we will go to CSE Futures in a few days to see what suitable varieties there are, and we will do futures."
"Futures?" Zhang Yuanyi was a little surprised, after all, the risk of futures is much greater than that of the stock market.
"Yes, futures, the real master is not limited to the stock market or the futures market, and the current stock market is still not very active, we choose the futures market to practice, this is fast, and you can have a good understanding in a short period of time."
During this period of time, Lin Danqing really felt that Zhang Yuanyi's comprehension of the stock market was first-class, and he had to carve and carve such a good jade. β
If you want to temper Zhang Yuanyi quickly, in the case of limited time, futures are the best choice!
There is still a month to go, and Lin Danqing will return to Chengdu.
"Then thank you, master"
At the end of this class, looking at Zhang Yuanyi's cheering back, Lin Danqing thought silently in his heart:
"Boy, all I can teach you is knowledge, the market is unpredictable now, if you want to become a really good master, you can only let you go to the actual combat to realize the Tao yourself. What I give you is not yours after all, what you have enlightened yourself is your own."