If a person wants to survive in this market, he must believe in himself and believe in his judgment of this market, and only in this way can he go long-term.

"In fact, anyone in this market will have a growth process! You see, Livermore also had a time when he went bankrupt, and after a few ups and downs, he was so disappointed in the market that he even planned to leave the market and quit. ”

Lin Danqing seemed to be talking to Zhang Yuanyi, and seemed to be talking to himself, looking out the window.

"Hey, think about ...... back then"

Lin Danqing remembered some of the situations in the stock market in the first few years after he first intervened in this market.

Zhang Yuanyi also has a similar experience of Livermore's state of mind, he lost half of his account in half a year when he opened an account, Nima, and he has the heart to jump into the sea!

"No matter how smart a person is, he can't withstand the consequences of frequent trading." Lin Danqing seemed to be muttering to himself.

Zhang Yuanyi looked at Lin Danqing's back, and suddenly felt a bleak feeling.

It's as if I have gone back in time, and I have also seen the scene of frequent trading and the frustration after every loss when I first entered the market!

"Yuan Yi, what is the most impressive thing about you reading the third chapter?" Lin Danqing turned his head and looked into Zhang Yuanyi's eyes and asked.

"Only the big trend can make a lot of money, stay away from short-term trading!" Zhang Yuanyi said with certainty.

Lin Danqing nodded and said, "Yes, short-term trading kills people!" There are so many participants in this market who like to trade short-term, but how many people are smart enough to take advantage of every small fluctuation? I don't think so. ”

"You see Livermore got it right, but he lost money? Why? Isn't it because of frequent transactions, rushing in and out? If we are as smart as he is, how can we be spared? ”

Zhang Yuanyi listened quietly, and Lin Danqing continued: "How many very smart players have failed in this market and disappeared, and how many ordinary retail investors have been hit by this market and have collapsed, they have all made a mistake that you and I have made, that is, they always want to seize the fluctuations of each trading day, and have no mind and patience to wait for the arrival of the general trend!" You know, big money can only be brought by big trends, just thinking about making some money every day to take home, who can be so smart? ”

"Yes, master, when I first entered the stock market, I thought that I wanted to make a little money from this market every day, even if it was only 1% every day, but even if it was only 0.5%, it was not possible to earn it every day. More but losses. Relying on the mentality of gambling to participate in the market, gambling for a long time will lose, and now I finally understand, if only I could have a deep understanding of this "Great Master" earlier, hey. ”

Lin Danqing looked at Zhang Yuanyi, smiled, and said, "If you hadn't experienced that kind of short-term trading process, how could you be so impressed by Livermore's words?" ”

"You can't understand deeply without similar personal experiences, and understanding is based on compassion, and compassion here can only arise when it is based on similar encounters."

Zhang Yuan nodded and said, "Well, I think so." ”

"Master, I remember that I had read the book "The Great Composer" before, but I had a very shallow impression, this time I read this book, under the teaching of you, master, I feel completely different from before, this book is really a treasure!"

"You, you have learned to pat on the back" Lin Danqing laughed, it could be seen that he was not disgusted with such sycophants.

"But this book is indeed a treasure!" Li Wenzhong repeated: "It's a pity that this treasure is just read as a story by many people. ”

"Yuan Yi, you just said a sentence called 'gambling for a long time will lose', it makes sense in this market, you participate in this market all the time, there is no rest, it is not good."

"The market is always fluctuating, and you and Shuang'er are often reviewing, you should know that the big opportunities that are really worthy of our participation often only come once in a few years, but how many people only participate once in a few years? Most people can't do it. I hope you can do it one day and know how to take a short position. ”

At this time, Lin Shuang'er flashed her beautiful big eyes, and interjected: "Well, try to do it as soon as possible, isn't there a saying, it is the apprentice who says that he will buy, the master who will sell, and the master who knows how to empty the warehouse."

Hearing Shuang'er say this, Lin Danqing smiled faintly to show her approval.

Zhang Yuanyi also nodded and said, "Master, I also want to do this, but I really can't do it at the moment." I saw that Livermore also lamented in "The Big Boy", saying why it took him so many years to learn not to bet on the small ups and downs of the next few gears, but on the anticipation of the big swings that are coming. It can be seen that it is very difficult to do this. ”

"Yes, the people who really make a lot of money in this market are those who only participate in the big market, which requires you to have absolute patience to wait for the emergence of the big trend in order to do it." Lin Danqing said lightly: "Sometimes we really have to learn a little crocodile spirit!" ”

Xiao Yao was stunned. I didn't expect the teacher to be able to associate futures with crocodiles, and then recall the way crocodiles hunt, which is indeed very similar to making futures. It seems that life is full of mysteries!

"Crocodile?" It was the first time Zhang Yuanyi had heard that to do stocks, he had to learn the spirit of a crocodile.

"yes, crocodile." Lin Danqing was stunned when he saw Zhang Yuan, so he continued:

"You know that when we talk about those top masters in the investment community, there is often a term, called capital predators! Heard of it, right? ”

"I've heard that." Zhang Yuanyi said, and then smiled again: "Master, you are a predator, right?!" ”

"Forehead......" Lin Danqing looked at Zhang Yuanyi with a black line on his face.

"Me, my money now? Also a predator? Not really. Before...... I guess so. A trace of bitterness appeared on Lin Danqing's face.

Then he suddenly asked, "Do you know that crocodiles were born in the age of dinosaurs, why did they survive tenaciously?"

Zhang Yuanyi and Lin Shuang'er both shook their heads.

"Super waiting!"

"Waiting for the ability?" Lin Shuang'er pouted, a questioning expression.

Looking at Lin Shuang'er's disbelieving expression, Lin Danqing explained:

"You see, the crocodile was born in the age of dinosaurs, more than 100 million years ago, it has neither the strength of a Tyrannosaurus rex, nor the ability to fly a pterosaur, but when its dinosaurs have long since disappeared, the crocodile has survived tenaciously. It's because it has a super waiting ability! ”

"You may not have observed the characteristics of crocodile predation, I did!"

"It is neither as fast as a lion to catch prey, nor like an antelope that grazes for long periods of time, and the crocodile only has one method of predation!"

"What's the solution?" Zhang Yuanyi and Lin Shuang'er were interested.