Speculation is purely about volatility, studying a lot of empty power and strictly stopping losses. I don't know if you have found a problem. Before, I met an uncle who was over 60 years old and made a stock. At first glance, the ticket for market value management was sloppy and had no fundamentals, but even if he bought it at the end of the day, he made a profit and ran down a little the next day. I made a quantitative back test and the ticket didn't exceed 0.3. Last year, this uncle did 142% of this operation on an annualized basis, and the light handling fee accounted for 4% of the funds, and the maximum withdrawal was 6%. This data means that almost all the public and private offerings in Shenzhen are suspended. Another question, have you found that in A-shares, as long as there is a scientific and technological direction guided by policies, don't worry about low-altitude quantum computing power or ai, and don't worry about how hard the callback is, it can't be stopped at all? It's very interesting, everyone. If everyone's capital is only tens of thousands, I think it is very necessary to study it. Suppose your principal is 100 thousand, 1% per day, 120w a year, and hundreds of millions in three years.As you can see, as long as the weight is not hard to pull, the index is a range shock, but the theme is crazy, full of money-making effect and money-losing effect. Slow cattle are a lot of tenbiger stocks, but the Shanghai Stock Exchange may look back and the annual line will rise by about 10%. This is slow cattle.Concentrate on doing big things while deploying the market. When the normal operation of the economy is in the inflation range, the market has higher strength and efficiency in resource allocation, then the market has the final say. When it is in the shrinking range, the market deployment fails, such as our current long-term debt, so it is driven by policies. We must know that next year is the last year of the 14 th Five-Year Plan to solve the debt. We must know the buyout reverse repurchase operation of 800 billion yuan some time ago, unless
On the other hand, we look at the "dual track system" separately from the currency. Recently, there is a message that I don't know if you have paid attention to it, that is, the place.First, the economic transformation. Let's talk about the debt. In the past, our big bull markets all relied on the mapping of overseas currency issuance. As we said before, whether it was 05 or 15, it was essentially a small basin with a lot of water. The currency overflow caused by the rapid increase of foreign exchange reserves flooded into the stock market, and a crazy bull came quickly, including our institutional blue-chip bull in 1718. In essence, it was the rapid growth of foreign exchange reserves or the superposition of high reserves exceeding m2. Here is a message that everyone needs to pay attention to.This time, the difference is only 0.007. Do you still remember that the global capital market plummeted and melted on August 5? Then in September, the Federal Reserve cut interest rates by 50bp urgently. After the data was released, the probability of the Fed's interest rate cut was 90.5%. After the meeting, the most eagle representative said that we should not look at this data, but the inflation rate. Then next Wednesday, the US cpi is also very important, so beware of short-term risks, especially the risk control at the index level.
Finally, let's talk about value investment. You can read a book called "Smart Investor". There is almost no value investment at this time. The so-called core assets you eat are his growth attributes, while the value itself puts forward that Graham, the teacher of investor Buffett, was born in a big era and was originally a manufacturing industry. It is very simple how much your computer room equipment is worth. As long as your stock is lower than this price, there is a margin of safety. This is the meaning of value investment itself, and the current company value is very high. I don't know who cared about dpi in the primary market in 15 years. I only care about the dream value, and why a large number of institutions like to buy Maotai, because it is the company with the simplest financial statement in the whole A-share market (except the one that runs scallops), and its price-earnings ratio, spread, poor growth rate and valuation center are all good ways to evaluate, including some ETFs that have fallen into transformers.Concentrate on doing big things while deploying the market. When the normal operation of the economy is in the inflation range, the market has higher strength and efficiency in resource allocation, then the market has the final say. When it is in the shrinking range, the market deployment fails, such as our current long-term debt, so it is driven by policies. We must know that next year is the last year of the 14 th Five-Year Plan to solve the debt. We must know the buyout reverse repurchase operation of 800 billion yuan some time ago, unlessThis time, the difference is only 0.007. Do you still remember that the global capital market plummeted and melted on August 5? Then in September, the Federal Reserve cut interest rates by 50bp urgently. After the data was released, the probability of the Fed's interest rate cut was 90.5%. After the meeting, the most eagle representative said that we should not look at this data, but the inflation rate. Then next Wednesday, the US cpi is also very important, so beware of short-term risks, especially the risk control at the index level.