Essence Edition Are you suitable for buying stocks?

Chapter 2 Are you suitable for buying stocks? (2)
4.T+1
The stocks bought on the same day cannot be sold on the same day, which is called T+1, and it is possible in foreign countries. There is no limit on the number of transactions on the day, which is called T+0.The cash obtained from selling stocks on the same day cannot be transferred out, it must be the next day.

5. Transaction method
All brokerages provide various entrustment methods such as computers, mobile phones, telephones, and web pages.

6. Trading varieties
In addition to stocks, funds (stock type, bond type, currency type), bonds (government bonds, corporate bonds), and reverse repurchase of bonds can all be traded in stock accounts.

[-]. Cash management

Because the position is not always full (all the money is bought into stocks), and the cash in the stock account only has a current interest rate of 0.35%, so we need to obtain slightly higher returns on the premise of safety.

1. Brokerage margin products To attract customers, the top ten brokerages usually have account balance management products similar to Alipay’s “Yu’ebao”, most of which use bank deposits as the main investment object, with a return of about 2%, like Guotai Junan” "Cash Steward", Huatai Securities "Zijin Tiantianfa"...the advantage is that it can automatically capture, but the inconvenience is that when transferring cash to a bank card, you need to set an appointment withdrawal in the trading software one day in advance.

2. Monetary funds mainly invest in short-term monetary instruments, such as treasury bills, commercial paper, bank certificates of deposit, etc. For example, the arithmetic average return rate of Harvest Currency (070008) in the past 7 years is 3.13%, and the arithmetic average return rate of Huaxia Currency (288101) in the past 8 years The interest rate is 3.54% (the current one-year fixed deposit interest rate is 3%). Its disadvantage is that it takes two days (T+2) for the cash to arrive after the sale.Alipay’s Yu’e Bao is essentially the Tianhong Fund’s monetary fund “Zenglibao”, but it shortens the time for cash withdrawals.

A friend recommended the cash treasure of China Universal Fund Company. They said that cash withdrawals can be made 7×24 hours, and the account will be credited in 1 second. You haven’t tried it on the homepage, and you can share it with us if you have used it.

3. Bond reverse repurchase is actually a kind of short-term loan. You lend your money to others through the market to obtain fixed interest. Others use bonds as collateral to repay the principal and interest at maturity.The one-day period is 131810, and the seven-day period is 131801. The amount must be a multiple of 1000. When placing an order, choose "sell" (because you are the one who lends the money).Its advantage is that it will be particularly high at the end of the month and the end of the year. For example, on September 2013, 9, the seven-day period 24 interest rate was 131801%, and the four-day period 11 interest rate was 131809%. Usually, most of them fluctuate between 15% and 3%. It needs to be re-operated after the period.

PS: The stocks and funds mentioned in this article are not recommended, but are just examples.

Xiaobai's stock market experience

There are many schools of stock investment, such as the famous news school, trend school, value investment school, etc. Long Tou Academy is a stickler for value investment and quantitative investment. What are the advantages of value investment and quantitative investment?After summarizing the wisdom of the majority of students in the hospital, I came up with a sentence that sleeps well every night (it sounds like an advertisement for a certain brand of sanitary napkins, but it really is a group of people with bad tastes).As for the reason and value of sleeping peacefully every night, please experience it yourself in the following article.

(This article is the debut work published by our college student Yun Yi on the Changtou forum. It was forcibly requisitioned after being picked up by the editor. Here, I still want to express my deep gratitude to Yun Yi!) Work 3 In [-], I played stocks for two years under the guidance of my former colleagues. As one of the many small investors chasing ups and downs in China's A-share market, let me first talk about my tragic experience.

I have a former colleague who is a generalist, saying that he is a generalist, because he is about the same age as me, but he buys lottery tickets and funds, and started playing stocks during college.I was so impressed that he told me which of his stocks and funds had risen again, which was extremely lethal to a novice in science and engineering like me who had a smear in investment and financial management.Simply, at his instigation, my brother slapped his thigh, reluctant to find a lesson for the money, so he got into the water, and thus began the ignorant path of stock investors.

After opening an account in 2012, I heard that the A-share market was bloody, and I happened to have a plug-in on my mobile phone, which only displayed the market index, so I watched the red, green, and green every day, and it went up!Fall again!Very happy.I also guess and play, most of the time is a pastime.

I still remember that it was the spring of 2013. I was already on my annual leave at that time, and after the year-end bonus was issued, I finally had money to spend on myself.Trembling to put some money into the account, what should I buy, anyway, this is my first time.I looked at the ones that were bullish on the front that day, hey! "Shanghai Medicine"!The name is awesome. I immediately thought of some big hospital, billing window, etc., and pretended to open the K picture to see, "Yes, the price has increased a lot recently, okay, I bought it!".Unexpectedly, this first time was a blow to the head, and I bought at the highest point.I remember that the stock price was 14 yuan at that time. Since I bought it, I haven't seen the stock price exceed this value for a few minutes!Later, there was an opportunity to escape. At that time, I didn't know what the opportunity was. Seeing that I was about to get out of the trap, I didn't know that I went against the current and ran away with more than 12 yuan.

It was the first time I encountered such a blow. At that time, I comforted myself and said, who makes me a dish, and I will choose carefully next time.The name I saw for the second time was even better. This time I chose "China Aviation Heavy Machinery". What kind of heavy machine is it?Oh my god, I saw it, it was incredible, it rose from 7 yuan to 16 yuan, a big bull stock!How good my vision is, I rushed in happily!It was the highest point again, and after buying it, it fell into a slump, this!this!this!Does the heaven not give me any way to survive?I carry it!But seeing the price drop from 16 yuan to 15 yuan, then from 15 yuan to 14 yuan, and then slowly slide to 13 yuan, I can't sit still anymore. I will pay the compensation. Isn't it okay?I bought 300 shares at that time, and I cut 200 shares. I want to use the remaining 100 shares to give myself a big warning, and I want to find out the truth of the stock market!
What's ridiculous is that the stock price rebounded a few months later and reached 14 yuan, and my brother's investment to find out the truth was also sold... The reason is that the loss in the account can be considered small.But the thing that vomits blood is that the latter product has risen to 20 yuan, and "Shanghai Pharmaceutical" has also reached 17 yuan. I hate my hands while watching it. Can we not be so impulsive... Well, it is really unreliable to choose stocks based on the name , then let's calm down and choose, the analysis report of the securities company is very professional, and it is the growth rate of the magic horse, and the conversion of the horse.Well, which one should I choose?At that time, I was lingering on major financial websites, and one day I saw a securities report and mentioned "OCT", saying that it was undervalued, and this product could rise to 7.5 yuan.I looked at the price again, wow, it is only 6.5 yuan now, so I watched the trend of the day, and bought the second lowest price of the day, feeling very happy, look, the price I bought is almost the lowest!But the next day, why did it fall?By the way, cover the position!So make up, make up, don't say it, haha, the stock price has gone up, and the account has finally seen red.In less than 3 days of being happy, the big dive started in June 2013. What about the agreed 6 yuan?Are you going to cut off my brother's career as a stockholder? My brother has already taken a full position.

The big market is surging, like a continuous torrential river, and like the Yellow River flooding out of control, the accounts are green, green, and the greenness is getting worse every day.At that time, I tossed and turned every day, couldn't fall asleep, and washed my face with tears. I regretted that I didn't do it at the beginning. I just hoped that I could fall a little less, and I decided not to play again after I got rid of the routine.Did I admit defeat?Is this investment path really not suitable for me?

I dare not look at the stock account, for fear of affecting my mood for eating.I have to find a way, watch what videos on the Internet, macd line combat, b··l line combat, stock patterns, I spent a whole day in the bookstore studying wave theory, anyway, apart from admiring others for their awesomeness In addition, I feel like I am a ball of paste, how to use it is amazing, it is not just me waiting for Xiaobai to play casually.

Well, I finally waited until the market bottomed out, and I saw "OCT" lying on its stomach, simply out of sight and calm, and cut it off.no!I have to make it back. I lost so much, this is not my style.So, according to the messy theories I learned earlier, I bought several in a row, including Changan Automobile, Citychamp Maxus, JAC Automobile, and Sichuan Changhong.Haha, that month was really annoying. Not only did I not lose money, but my account finally became popular. Could it be that the heavens will send a big responsibility to the people?Brother finally touched the heavens and got enlightened?

However, the good times didn't last long, and the nightmare began again.In order to show that brother has grasped the true meaning and summed up my own set of so-called tactics, I want to regain my confidence!Where does confidence start, haha, "Shanghai Pharmaceuticals" is you, how can I earn back no matter how I lose!
Obsession can often drive people into obsession.This time I failed miserably again. I started to enter at 14.5 yuan, and I made up and made up later. I went, and it still fell!Seeing that the losses are expanding day by day, let's cut it.Forget it, you are my curse, let me change the head office.Later, I selected "Qinshang Optoelectronics" which is falling. I bought it for 13 yuan, and I bought it for 12 yuan. Is it 11 yuan?purchase! , Still falling, what rubbish, is the company going bankrupt?It’s too late not to cut it, I have to bear the pain, cut it!After a few trips, the loss gradually slipped into the abyss.This made me deeply shaken. What is the true meaning of the stock market?Is there really no way to make money in stocks?After this time, I never dared to buy stocks again for a long time.

Some friends couldn't help asking: "You are so miserable, didn't you lose so much that you sold your pants?"

The ancients said: "Squeaking is squeaking, not squeaking is not squeaking, it is squeaking."It means that if you squeak, you have to squeak, and if you don’t squeak, you don’t squeak. This is called talking (I hope Confucius will not come out of the coffin and beat me).Far away, ahem, well, I almost didn’t sell pants. The reason is because there is a stock called “Save the People from Water and Fire”, and that stock is called “Great Wall Motor” to me.

I said before that I chased the ups and downs, and I had a lot of fun, but for the stock of Great Wall Motors, I covered it from 28 yuan to 46 yuan (the stock price in 2013), and I basically got the fish body.At that time, when I didn’t know anything about Shenma’s financial reports, I didn’t know why I had such firm confidence in the stock of Great Wall Motors. Anyway, the beautiful data of the quarterly report drove the stock price to rise steadily, which made my colleagues who have been teaching me to be a band ah a band. Eye-popping.One day, I found that the market was full of applause, research reports came out one after another, and the recommended stock price changed from 40 yuan to 45 yuan, and then from 45 yuan to 50 yuan, 55 yuan, 58 yuan... I have already suffered a big loss. I think this recommendation Resolutely unreliable, coupled with fear of heights, sold.Although it rose to 50+ after the event, I was very annoyed by my little brother. Now it seems that I made a correct choice invisibly at that time, and what is hidden in a lively place is a big killer.

This relatively long-term complete holding of shares not only allowed me to get back a few pairs of pants, but also made me feel that there seems to be a different way to play in the stock market.It was also at that time, and three years of work and life made me deeply confused, so I lingered on various websites and searched for various books to read.It just so happened that one day, because of the stock of Gree Electric, I saw a blog called Xiong Xiong babybear (should be the name), went in and took a look, hey!growth rate?Revenue?lever? ...This, this, what are these things?Can stocks still play like this?This yield, wow, has been stunned!Since then, I have come into contact with the school of value investing, and after looking at various analysis, it is really well-founded, and I deeply feel that this is investment!So, I went to read such blogs every day when I had nothing to do, and slowly caught up with Xueqiu.It was also at that time that I accidentally read Shuimei’s book and saw the concept of financial freedom. It was like a big thunderbolt on a sunny day. I was finally able to clearly outline what kind of life I wanted to live in the future, so I got on the boat of Changtou …I have always firmly believed that the trajectory of the future is always closely related to your current actions, and your current actions are deeply influenced by your beliefs.The ancients said again, "I reflect on myself three times a day", and the answer was "Are you tall? Are you rich? Are you handsome? No, go learn!" Therefore, learning is the only way for a dick, so long cast, snow Football, blog, these three romantic places, I have gradually become a regular visitor.At the end of the year, I carefully sorted out the gains and losses of a year of ups and downs in the stock market, and explored where I was prone to die, and what was the reason and psychology that made me lose my pants slowly.At that time, combined with a hodgepodge of various learnings, small positions began to experiment with the stocks they selected.In this way, while studying, I have read articles on entry, elementary, advanced, and snowballs on the big V. I have read Mr. Cang (Crystal Fly Swatter)’s advanced stock market method, and The Lion King (Little Simba)’s epee without front , Combined with the real offer operation, this feeling is "sympathetic to me" every day, slowly understand the logic behind the rise and fall of stock prices, and buy strategies based on fundamentals, and slowly keep yourself away from the risk of losing your pants risk.Some people doubt whether the fundamentals are useful, and is this financial knowledge useful?

Judging from Xiaobai's experience in the past two or three years, stock selection based on fundamentals cannot guarantee profits, but it can ensure that you stay away from losses, that is, the stocks selected by fundamentals are Xiaoqiang.If the holding period is longer, profits can be obtained only by random fluctuations in the market.Most of the stocks analyzed in the elementary and advanced courses are my actual investment targets. It is precisely because of systematic analysis that I can guarantee the confidence in holding stocks. After graduating from the advanced courses, I basically read the 5-point homework all over, and I selected a few and bought or tracked them by myself. Because of the background of this year’s warming market, the minimum increase in half a year has been more than 20%, but there is no fundamental analysis support. How to overcome fear when it falls deeply, and how to be firm when it rises and pulls back Confidence, how much patience do you have for long-term sideways trading?Because I also communicate with many children’s shoes who play stocks, I often say "Oh, I just bought ×× at the time, and now I must have made a lot of money", but I really want to say, if you don’t understand, gold is in front of you You don’t know that when the public is panicking, the sharp eyes have a miraculous effect, and the most reliable and easiest way to systematically study the sharp eyes in the stock market is based on the analysis of fundamentals, the value, whether it is high or low, expensive or cheap , Whether it is performance-driven or emotional-driven, whether it is short-term or long-term, with a judgment and a strategy before making a move, the winning rate is high.All in all, make money that you can understand.

With the warm wind of this year's market, the goal at the beginning of the year has been far away. It should be the biggest gain of this year to be able to say goodbye to Xiaobai and slowly find out your own investment method.I hope that all children's shoes, brothers and sisters, and sisters and sisters will avoid detours and invest smoothly.

Editor's postscript: Because I know how to judge the company's intrinsic value, I can choose high-quality and cheap companies from the market. When the market falls, I know that the company I choose is of good quality, so I don't panic. When the market rises, I can Choose whether to sell or continue to hold according to your own valuation, so don't be anxious, and naturally you can sleep peacefully every night.Compared with those days when you brush the market countless times a day and can't eat or sleep because of big or small ups and downs every day, isn't it more attractive to sleep peacefully every night?

The stock market is dangerous, how should small retail investors protect their capital? It is well known that the stock market is risky, so it is very important to learn to control risks. Suggestions to friends during the ups and downs.

The stock market broke through 3000 points the first day, but fell sharply the next day. How do you guys feel?First of all, let's take a look at how the students of Changtou Academy feel after the market closes today?There are pictures and truth:
(End of this chapter)