dream pocket

Looking at the time, it was already 01:30. Tang Xin opened the stock software, called up the stock price trend of Punan Pharmaceutical, then got up and walked to the closet, chose an ordinary windbreaker to put on, and was about to go out for a meal first.

I was about to put on my shoes on the shoe rack by the door when the doorbell rang.

Opening the door, Tang Xin unexpectedly saw Ye Qiu standing at the door with two lunch boxes in his hand.

"How did you come?"

Tang Xin opened the door to let her in, Ye Qiu handed him the eco-friendly lunch box, and bent over to change his shoes.

"I guess you didn't eat, so I called you a fast food."

Tang Xin looked at the box of lunch and vegetables in his hand, leaned against the wall and asked, "Then why don't you go to school?"

"Not going in the afternoon."

After Ye Qiu changed his shoes, he was about to walk towards Tang Xin's room. Tang Xin followed closely and advised, "Don't, don't, go to school quickly. If you let the adults know that you also skipped class, I will surely say that I have led you to hell." .”

Without looking back, Ye Qiu took off the warm hat on his head and said, "I don't feel well, please take leave."

Tang Xin walked into the bedroom, put the fast food box next to the computer desk, recovered his senses and frowned and said, "Then I still brought you down, you are lying!"

Ye Qiu stared at the stock price trend of Putan Pharmaceuticals on the computer screen, and said intently, "You said it. Because of our brain's reaction speed, we are living in a world of lies."

Tang Xin, who had no temper at all, went to the refrigerator in the kitchen to get a bottle of drink and a cup, went back to the house and poured a drink for Ye Qiu, put it on the desk, sat on the computer chair by himself, picked up the lunch box and started to eat lunch.

Probably Ye Qiu knew that his father would make an investment before quitting the stock market, so he didn't blink his eyes at the market trend of Putan Pharmaceutical.

While eating, Tang Xin also watched the stock price trend. Whenever the software was automatically refreshed, the stock price of Putan Pharmaceutical would rise slightly.

It opened low in the morning, and the stock price, which was close to 1 yuan, had risen to just over 2 yuan more than half an hour after the opening in the afternoon. Now every rise is 5 cent, and the trend of [-] minutes sounds small, but it is Based on the stock price itself, even if it can rise by less than [-] cents a day, it will rise to the limit.

Ye Qiu was still nervous at the beginning, and the sound of breathing could reach Tang Xin's ears, but she would feel bored staring at the stock price all the time, so she turned her head to look at Tang Xin, hesitated for a while, and said, "Tang Xin, Can you teach me about stocks?"

Tang Xin chewed his food, shook his head calmly, saw Ye Qiuliu frowned slightly, and asked displeasedly, "Why?"

Swallowing the food, Tang Xin drank his saliva and said frankly: "I said before, I don't know stocks, so I don't want to deceive my children, but if you want to learn this knowledge, I have books here, just wait."

Putting down the fast food box, Tang Xin came to his bookshelf, and saw all kinds of books on the bookshelf. He took out a few books from the bookshelf one by one and hugged them in his arms. Seeing his movements, Ye Qiu sighed silently. : Tidy up the bookshelf and classify the books, is it difficult?

Putting a stack of books on the desk next to Ye Qiu, Tang Xin sat down again and picked up the lunch box, and said, "You can read it yourself. If I can teach you anything, it's in the book. Since I don't understand the book, I think You'd better read a book."

Ye Qiu spread out the books one by one, looking at the unfamiliar titles, feeling unable to start.

Gurney's Moving Average Rule

cycle theory

Elliott Wave Theory

reverse thinking art

and many more

Tang Xin definitely didn't read any of these books completely. As long as he felt that he had read them almost and understood the main points he wanted to express in the book, he would stop paying attention.

Even his "gold speculation" strategy today is just a method derived from cycle theory and wave theory.

Seeing Ye Qiu's bewilderment, Tang Xin put down his chopsticks, picked up a book from the table and put it in front of her: "Read this one first. "Contrary Theory."

Ye Qiu looked down at the title of the book, as if he was worried that he would not be able to understand it, and wanted to start from the beginning, and said, "Aren't there books that introduce stocks and the stock market?"

Tang Xin was taken aback, shrugged and said: "Most people's way of thinking has preconceived factors. If you read that kind of book, you will see the stock market as k-line, kdj index, bull index, dif, dea, etc. Wait for the data that makes you believe in the truth. Don’t you understand what the stock market and stocks are? Well, let’s put it this way, you imagine the stock market as a vegetable market, you imagine stocks as vegetables, and you want to make a profit in this vegetable market , is the change of roles, if you think the price of vegetables will rise, then you are the person who buys vegetables, go back and hoard the vegetables, if your judgment is correct, the price of vegetables has risen, and you think the price of vegetables has risen to the end, then you You become a vegetable seller, and after all the vegetables are sold, once they come in and out, the price difference between them is the money you earn."

Ye Qiu was amused by Tang Xin's words, picked up the book and put it in front of his mouth and nose, his eyes flickered, and said, "Then what's so special about this book?"

Tang Xin stood up and opened the window to get some air. He took out a pack of cigarettes from the deep part of the drawer and lit one. Ye Qiu knew that he smoked, but after persuading him to no avail, he could only helplessly.

"This opposite theory is actually to let people who want to invest in stocks understand what kind of game the stock market is. Therefore, I think that everyone who wants to invest in stocks must at least recognize the nature and rules of this market and understand this market. In fact, it is not a game between people and data. It is not that you study this line and that graph all day long, and then you want to find clues from the stock market that you can copy and use. The key point is a game between people. The financial market will always be a minority. king."

Ye Qiu put down the book, put his hand on his cheek, turned his head to look at Tang Xin and said, "Before I read the book, please tell me first."

Tang Xin had nothing to do anyway, looking at the stock price was very boring, so he turned around and opened his mouth.

"The opposite theory is based on the following principle: the securities market itself does not create new value, does not increase in value, or even depreciates, because of the consumption of transaction costs. Therefore, as an investor, if you behave in the same way as most people, you must It is not the most profitable, because it is impossible for the majority to make a profit. To obtain the maximum benefit, one must stand on the opposite side of the majority.”

Ye Qiu was confused by this passage alone.

"You said that like most people choose, the profit is not big, and those who stand on the opposite side can get the most benefit. Among them, who is losing?"

It's like flipping a coin to choose heads. Most people choose heads. According to Tang Xin's words, they can make a profit, but it's a small profit. If you want to get the most benefit, you have to choose tails.

In this way, both sides benefit?Contradictory!

Tang Xin flicked the ashes in the fast food box, then nodded and said: "Your question makes sense, but the opposite theory is produced in an extreme situation. The rising situation in the stock market is called a bull market, and the falling situation is called a bear market. Have you heard?"

Ye Qiu nodded with a serious expression. Even though she never deliberately paid attention to stocks, she understood some stock market terms under Ye Pengfei's influence over the years.

Tang Xin went on to say: "The moment before the bull market turns into a bear market, that is, the stock market has reached its peak and is about to fall. Why is this happening? Because everyone is optimistic about the stock market rising, and they exhaust their funds to buy. The purchasing power of buyers is already At the end of the battle, the follow-up funds are unsustainable, and the stock price cannot go up! The bull market ends when everyone is optimistic! The situation in the bear market is the same. Everyone is bearish on the market, holding the funds in their hands and unwilling to buy, and they are all selling short Selling goods, when there are no people who are bearish on the market and take action again, the stock market reaches the critical point of turning from a bear market to a bull market, this is the opposite theory, at the extreme positions of the peak and trough of the stock market, the biggest profit is made!"

Only from these brief words, Ye Qiu roughly understood, and she said thoughtfully: "Stand on the opposite side of everyone, everyone is bullish or bearish, so we have to do the opposite."

Tang Xin nodded and added: "Of course, this is theoretical knowledge. There are many factors that affect the stock market, and they must be taken into account. But the opposite theory tells us that investing in the stock market is a game for those who are brave and rational. Only with a rational mind, Only by being brave can you not be affected by the optimism or pessimism of the majority, and you can take that step of loneliness and the opposition to the world!"

Ye Qiu turned his head to look at the books on the desk, and asked again, "Why don't you invest in stocks? Don't uncles and aunts invest in stocks?"

Sitting on a computer chair, Tang Xin turned to the computer screen and replied casually: "Me? I'm not arrogant enough to really think that I can be a fish in water in the stock market. For any institution that invests in the stock market, there are countless investment analysts in the investment team. The market, collecting information, predicting the purchasing power of the market, when it will reach its peak, and our stock market is a policy market, how can I know good or bad news ahead of those who are superior? We ordinary people, and others When large conglomerates enter this market, they stand on different platforms and see different things. As I said before, the stock market is a game between people, and money only flows from one person’s pocket. It’s just another person’s pocket, how can we small people compete?”

Looking at the careless Tang Xin from the side, Ye Qiu was thoughtful: If you were given the same platform, wouldn't you soar into the sky?