1. "Listen to what the disciples say."

Warren Buffett famously said: The fastest way to make a millionaire bankrupt is to tell him gossip. The truth cannot come from the mouth of an informed person. This is the nature of the speculative game. Buying stocks based on news is a very scary but very common wrong way to trade stocks. However, those who have entered the market in a hot bull market and have made a lot of profits by listening to the news may not be able to accept this advice at all.

Especially some investors who have been trading directly on the exchange for a long time almost do not consider other methods except news. What is even more ridiculous is that even if they lose money after hearing the news, they do not think that the method of listening to the news is wrong. Instead, they think that the source of the news is not accurate enough, and they will pursue more accurate news next time instead of giving up on this mistake. method. An old investor told me a true story. Due to his special status as a media celebrity and his many years of investment experience, he can be regarded as an expert.

One year, a friend A revealed news about a stock to him. Although he was always cautious, he bought it without hesitation this time. The reason is that it is impossible for A to deceive him, because A's identity is so extraordinary that it is impossible for someone with this status to deceive him. Furthermore, A himself sold the house and also bought the stock together. As a result, the price of the stock fell nearly 20 times... When he told me this story, he warned me that he still has a lot of news, some of which can even make profits 10 times, but he has never been moved by it. Because he understands: when the dealer wants to ship goods, even his own parents will deceive him!

"To summarize" China is a very personal country. We found that almost every retail investor has access to more than one source of information that is "confidential" and will never be shared. So don’t leave anything to chance! If you never listen to the message, you will never be deceived. Good investment habits may cause you to suffer small losses, but they can prevent you from suffering big losses for a lifetime!

2. Only choose to buy stocks in bull markets.

Only choose to buy stocks in bull markets. In hindsight, it was certainly a good idea. However, the bull market is created, not predicted. People who always plan to buy stocks in the early stages of a bull market or wait until the bull market pattern is established will often be at a loss because the stocks fall after buying them. Another veteran stock investor with ten years of stock market experience always buys stocks based on the overall market situation. He does not dare to buy stocks when they fall. When they first rise, he hesitates to buy but does not dare to buy them. It has been rising for more than 10 days, and it seems that Only when it stopped falling did he boldly buy. However, it may only rise for one day and then start to fall. And it does not just fall for one day, but continues to fall. Seeing that the money is getting less and less, in order to reduce losses, in the end, I have to reluctantly cut out the flesh and blood.

"To summarize" Looking at the stock markets around the world, all profitable investors, without exception, enter the market when the stock market is falling and market sentiment is bleak, and when market sentiment is strong and stock prices are rising Leave.

3. Only buy stocks that will rise soon.

When I communicate with some stock investor friends about the stocks they have purchased, they often say: "This one is going up soon," and "I don't know when that one will go up. Don't buy it yet, buy this one instead." Just"... With the popularity of stock technology books, too many people have mastered the ability to "predict" stock prices. They can make stock price predictions based on various indicators such as K-line charts and MACD. However, this is far from the truth. No matter how advanced your technology is, the probability of being correct in predicting stock prices in the short term is always 50%. Therefore, it is impossible to predict the stock price based on technology, news, etc., and then decide to buy stocks that will only rise but not fall in the short term. The probability of his realization is only 50. In early 2007, I recommended to my friends to build a position in "Datang Power Generation". At that time, many experts said based on K-line and other indicators that it was not known when this stock would rise, and it was too early to buy it now. But in less than half a year, it increased five times.

In addition, there are many investors who believe that if a stock rises, it will continue to rise. Therefore, after we recommend that you open a position in a certain stock, if it starts to rise the next day, you will continue to receive calls after a few days of rising. Phone call: "Teacher, can I still buy it now? It has been rising." Every time, it makes people laugh. According to the fluctuation game operation strategy, the stock should be sold according to the model at this time, but they are unwilling to sell. See When there is a continuous rise, they often choose to buy in the opposite direction by mistake. The reason you buy stocks must be that you think the company's current stock price has more investment value than the price when you sold it, that is, its current stock price is low, not because you think there will be more fools willing to buy it. Buying at your expected selling price means spending more money to take your order.

4. Only buy stocks with low prices

I think that stocks with low prices have more room to rise because they are cheap and will not fall too much, so they are relatively safe. Since there are a large number of companies in China that have not yet been listed, some loss-making junk stocks are still valuable because they can be reorganized as shell resources. However, as the number of listed companies increases, more and more stocks will be delisted or have no chance of restructuring in the future. Just like the U.S. and Hong Kong stock markets, there are many stocks that have been hovering at a few cents or a few cents for a long time and are almost impossible to come back to life. Blindly buying such stocks based only on cheap prices will bring great losses to investors.

"To summarize" the correct reasons for buying stocks have been mentioned before. Don't follow others' opinions and subjectively choose cheap stocks.

5. Buy stocks that you are not familiar with.

Many people are unwilling to put any thought into the stocks they buy. Once such blind buying causes losses, investors will be extremely panicked and create a vicious cycle. If you really don’t have time or don’t like to study financial management, you can consider hiring a broker, financial planner or buying a fund to reduce investment risks. In fact, understanding a stock is not as difficult as imagined. If you are a taxi driver and you drive every day, please pay attention to relevant information, communicate more with employees and leaders of relevant companies, pay attention to them at all times in your daily work and life, and make sure that you are familiar with their companies, then you can follow this guide The operating methods in the book began to open positions and buy stocks related to them. When you research a stock, you should ask yourself: "Is this an attractive business? If I could afford it, would I buy the entire company?" If the answer is no, give up on the stock. - No matter how much you love this company's products. Through careful observation and research, you will discover the various elements of a company's success, such as good products, good business models, excellent managers, etc. Not only can you make huge profits, but the unexpected gain is that you never understand it easily. The person who manages becomes a management expert.

6. Track and buy popular stocks.

In the first half of 2007, many investors who bought ST stocks made huge profits, and some irresponsible media also began to report it. Some investors see others making a lot of money and see the hot media reports, and they can't help but blindly follow the trend and invest in junk stocks, resulting in continuous losses. Popular stocks should usually be decided to buy within a short period of about 15 minutes before and after they rise. For ordinary retail investors, when you find out that it is hot, it is often too late. If you buy a popular stock that is flooded with good news and has strong momentum, you will only end up reaping the consequences.

7. Never buy stocks that can earn you money for 5 years because it is too slow to earn money.

Many retail investors will be very excited when they hear that a certain stock will rise by 30 within a month. They rush to buy, but when they hear that a certain stock can be kept for 3 or even 5 years, they think that they will not make money in the short term and give up. All successful investors are successful long-term operators. Successful retail investors in short-term operations are as few as those who win the lottery. If you don't want to rely on luck to make profits like winning the lottery, then you must let your main funds be engaged in long-term investment.

8. Choosing to buy too many stocks at once.

Once, a friend sent a message from QQ: "How about these stocks?" I saw that there were five or six stocks, and I was not familiar with any of them, so I asked After all, they were all news stocks. Asked again about the principal, it was only 9,000 yuan! I told her: "You can't buy stocks like this. Buffett only bought one stock for US$1 billion, but you only bought 6 stocks with only 9,000 RMB. Such a wrong way of buying stocks can easily lead to losses." She said sadly Tell me that she has indeed lost 2,000 yuan. Now is the information age, and you can get a lot of stock information every day from the Internet, TV, and from colleagues and friends. Every stock has countless seemingly solid reasons for buying it. People can't help but want to buy it. They are afraid of missing the opportunity and worry that this one will not rise and that one will rise. In addition, as everyone knows, "you can't put your eggs in one basket." concept, so I bought a bunch of stocks as much as I could. As a result, instead of diversifying and reducing risks, it actually expanded them. In the end, I was at a loss as to who to leave and whom to leave. I completely lost my mentality!

9. Be sure to buy a black horse stock.

Everyone who comes to the securities market has heard stories about others who bought black horse stocks and became rich. But don't expect to make huge profits from discovering the next Microsoft. To cater to such investors, the market is filled with methods, techniques and software that claim to be able to spot dark horses. As long as you see that such reports of getting rich due to dark horse stocks are not repeated again and again, and billionaires are not quickly copied hundreds or thousands of times, then you should know that this method does not work. Therefore, you should focus on reliable companies that you can invest in for the long term. "To summarize" the above are wrong stock selection methods that lead to investors' losses, but unfortunately, many stock investors still use them persistently, and are trapped in accidental huge profits and cannot extricate themselves. I hope such investors can wake up soon.