Which is more important for short-term stock operations, technical indicators or value investment?

In short-term stock operations, technical indicators are of course the most important. The most important thing in short-term operations is the emotional aspect. Emotions will not care about the fundamentals of individual stocks in the short term. Therefore, some stocks have very bad fundamentals, but as long as they have concepts and themes, they will suddenly become powerful. Hot money has great experience in this aspect. I basically don't dare to participate in the stocks they choose. Looking at the performance losses, the quality of the individual stocks is very poor, but the subject matter does not care about these, the short-term is to pull up. For example, if companies like Han Jian Heshan suffer losses, hot money will have the guts to double their profits. Although the ending can be imagined. Those who rush in now are likely to be trapped deeply. However, short-term investors can ignore these. Just make some hot money and leave, not caring about the life and death behind it.

For the medium and long term, value investing is indeed very important. From a long-term perspective, only stocks with good fundamentals can continue to rise. So many years have passed. For example, the price of Kweichow Moutai has increased many times. Funds and institutions also select stocks based on fundamentals. Add or reduce positions based on performance and other factors. If the performance is good, keep it. Regardless of short-term fluctuations. So, value is basically defined by the fund. The level of valuation is also formed by the continuous buying and selling of funds and institutions.

Therefore, from a short-term perspective, there is no need to look at the fundamentals at all. No need for value investing. Just rely on the market feel and technical indicators. If you pay attention to fundamentals, you will suffer in the short term.

As for the question "Which is more important for short-term stock operations, technical indicators or value investment?", this is how I look at it. The stock market itself does not have a specific definition of "short-term, mid-term, or long-term". What we usually call "short-term, mid-term, and long-term" are usually divided based on the intended holding time or actual holding time for the stocks being operated. Investors can also set their own "short-term, mid-term, long-term" standards based on their own operating habits, profit models, trading systems, etc. In the general market, operations with a holding period of 5-10 days are called "short-term", operations with a holding period of less than 1 year are called "mid-term", and operations with a holding period of more than 1 year are called "long-term" . The difference between "short-term, mid-term, and long-term" lies in different holding times, different profit expectations, and different value orientations (value investing)

If "medium-term and long-term" are based on fundamentals to explore the "value" of individual stocks, If value investment uses "undervalued - reasonable - overvalued" as the basis for guiding technical operations and buying and selling, then the expected profit mainly comes from the process of the stock price "returning from undervalued to reasonable value", or due to the realization of "expected growth" The "relatively underestimated" value return process. Value investing provides important support for medium and long-term investors to solve the problem of "whether they can hold it for a long time."

Different from the medium and long-term, "short-term" operations must fully reflect: "short"--not to fight, "fast"--fast in and fast out, "stop"--take profit and stop loss, "Position" - position control, "quantity" - the number of operations, "potential" - the strength and weakness of individual stocks and other characteristics. Selecting those stocks whose medium and long-term trends have reversed (from falling to rising), "looking long and doing short" will help improve the success rate of "short-term" operations. "Short-term" operations basically have nothing to do with value investing. Investors focus on short-term technical fluctuations in stock prices and changes in volume and price. This is the key to determining short-term expected profits. Therefore, "in short-term stock operations, technical indicators are more important than value investing." .

Short-term operations pay more attention to technical aspects and are speculative behaviors. Value investment basically takes a long-term approach and is held for a long time to appreciate, so it is called value investment.

The central idea is to compare the importance of technical analysis and value investment to stock market operations, and who is more qualified to be the male leader.

Both technical analysis and value investment have advantages and disadvantages, just like the cold weapons of the Warring States Period. Different weapons have different advantages and potential disadvantages. Jack believes that the key is not to compare which weapon is more powerful. , nor is it a comparison of whether technical analysis or value investing is more important, the key point is who is using it, and who is the dominant deciding factor in which weapon or method becomes more important.

For example, the weapon of the Three Kingdoms general Lu Bu is the Fangtian Painted Halberd. It is a heavy weapon and requires great strength and skill to hold it. In other words, basically in the Three Kingdoms era, only Lu Bu had such a natural talent. Only strong generals with divine power and superb halberd skills can take advantage of Fang Tian's painted halberd, but other generals may not be able to do so easily.

The same is true for stock market operations. Industry insiders or investors who advocate technical analysis basically know a great god. He is Jesse Lauriston Livermore, a god-level speculator with superb technical analysis. Master, his book "Memoirs of a Great Stock Operator" is a must-read for almost everyone who loves trading, especially those who are keen on speculation.

Value investing is the artifact of the stock god Buffett. Almost all of Buffett’s famous sayings have become the mottos of financial professionals and investors. Among them, “When everyone is afraid, I will go crazy, and when everyone is crazy, I will be afraid” is even more widely known. It is widely circulated that it can be called an investment god-level quotation, which is somewhat similar to a poem in Tang Bohu's "Peach Blossom Temple Song" - "Others laugh at me because I am too crazy, but I laugh at others because they can't see through it." The general meaning is that you can't follow the crowd and you can't be fooled. In order to avoid the influence of group effect, investment requires independent thinking and decision-making.

Jack gave examples of Jesse Livermore and stock god Buffett to illustrate that whether it is technical analysis or value investing, as long as you use it well and smoothly, it is an artifact; on the contrary, even though others say technology Analysis or value investing is a super weapon, but it is useless to you, that is, it is worse than garbage. In other words, there are a thousand Hamlets in the eyes of a thousand readers. Whether something is good or not, everyone has different evaluations. In stock market operations , the one you can use well is good, and the one you can’t use well is bad. It doesn’t matter whether it’s a black cat or a white horse, the cat that can help you catch mice is a good cat, that’s all.

If you choose to do short-term trading, market sense is very important, and the size of the opportunity should be based on your own strengths. Reduce failure rate. Do it once, do it once, and be patient when you are unsure.

The truth can be found in books and online. Real practical experience is the key to victory. Work hard! With Jun *** Mian

Short-term operations are of course more focused on technical indicators. Basically, they have little impact on short-term operations. We can see that many stocks have poor performance or even losses, but they can rise sharply in the short term.

There are too many technical indicators, and everyone has their own standards for selection. Conventional technical indicators include moving averages, MACD, forest bands, capital flow, etc.

There are also different tactics in the short term. Some are based on the K-line to select explosive ones, some are sniping at the daily limit strategy, and some are following the trend (amount of funds plus market sentiment, etc.), such as the recent big demon stock Guizhou Gas etc. Value investing is mainly used in long-term investment and is relatively stable.