How do you feel about the recent stock market losses?

Lujiazui, which has been held so far, has given me a painful lesson and is also the most educational speculation for me. First: This operation taught me that the most important thing in investing in the stock market is not to make money, but to protect the capital. Stop loss? It will always be the first lesson for our retail investors to enter the stock market. Second: This failed operation also showed me the power of the trend. In the obvious downward trend, you are lucky. The longer you wait, the more you lose. Decisive stop loss is a magic weapon for all successful investors to get rid of huge losses. Third: I am so ignorant and fearless that I use the double-edged sword of lever so easily. There is a saying that if virtue does not match, there will be disaster; People who don't deserve money will lose something.

When the knowledge you have is not enough to control the current risk, then your situation is extremely dangerous. Fourth: I don't understand position control, and I don't know how to diversify my holdings. It was my own greed that made me bet on a stock in Man Cang. Gamblers have tragic endings, investment is positive sum and speculation is zero sum. I should look at the stock market from the perspective of investment in the future. Fifth: the price. A good investment should be bought at a price below value. Only in this way can you make enough profits during the bubble period. But once your purchase price is too high, the risk of this investment will multiply with the increase of your purchase price.

The simple summary is: patience with the trend and determination to stop losses against the trend. I have always believed that in the process of investment, the most important quality of investors is patience. Only patience can get you out of the bad thinking of frequent short-term trading. Except for a few geniuses, if most ordinary people want to make money in the stock market and make a lot of money, they must have the rich thinking of buying quality companies for a long time. Can't you always stare at that when investing? Copy? Words, but to use the thinking of buying the company's equity, grow together with the company and grow together. In addition, the good company I am talking about here should have a good price besides excellent performance and steady expansion of market value.

If your own valuation is wrong, buy it at a price much higher than its value during the bubble. At this time, once the trend begins to reverse, you should also have the determination to stop the loss resolutely. Controlling retracement and resolutely stopping loss is the first lesson for each of our shareholders to enter the market. Looking at the alternation of bulls and bears, I feel the deepest: emotions, definitely emotions. Every bull market comes to an abrupt end when there are many people. And every bear market ushered in the dawn in the despair of investors. This round of bull-bear alternation, I deeply feel the great influence of emotion on me. At the end of 20 18, when the market was at 2440, it was the darkest moment of my stock market career. I was on the verge of collapse because I was under almost unbearable pressure and my position was too heavy.

In fact, we all know that the stock market must be anti-human if it wants to make money. Anything that makes you feel happy and relieved in the stock market is wrong. I'm glad I survived and didn't cut meat at the bottom of the stock market. I think in the future bull market, I will experience another kind of suffering, that is, after making money, I will hold back and let the bubble blow bigger and bigger.