What is the biggest bet you have ever made?

I made the biggest bet because I dreamed that the stock market could easily make people rich overnight.

The reality is not so simple. I started trading stocks on 20 1 1, and I invested tens of thousands of dollars before and after, hoping to double my income. However, due to the inexperience of beginners, they paid a lot of "tuition fees" and gained some lessons.

First of all, the timing of entering the market is improper; Stock trading requires buying low and selling high. Because of my inexperience, I entered the stock market during the economic downturn and caught up with the tragic crash in the second half of the year, which was equivalent to being copied halfway up the mountain when I entered the market.

In order to control inflation, the central bank continuously raised RRR and interest rates, and CPI reached a high point in August. After the CPI dropped to 165438+ 10 for three consecutive months in September, the central bank lowered the RRR for the first time. At the end of the year, due to the shortage of funds, the stock index continued to fall. Therefore, it is best to enter the market during the period of economic bottoming-recovery-prosperity, not during the period of peak-decline-depression.

Secondly, stock trading lacks the necessary patience, impetuous, and dreams of getting rich overnight. The lack of patience can be seen from two points. First, holding shares lacks patience. It stands to reason that when I first entered the market, I just bought Vanke, Yonghui Supermarket, Longping Hi-Tech and Kangmei Medicine, all of which earned at least 10% in this small band, but I didn't have the patience. Earn a little or lose a little and rush to change shares, which leads to missing this wave of market.

Second, impetuous, trying to get rich overnight, investing a lot of money in the market without experience, playing short-term without technology, and even chasing the theme stocks to chase the daily limit, resulting in small profits and big losses. At that time, half of my losses fell in the daily limit of Shaanxi Guotou and Qiulin Group.

Third, stock selection does not choose stocks; I used to think that I should choose stocks with good performance and low P/E ratio, such as aviation stocks, financial real estate stocks with 20 1 1 good earnings per share and low P/E ratio, but these stocks keep falling.

In fact, when you think about it, when the performance is good and the P/E ratio is low, it means that the company has reached the best time, and the dealer just takes this opportunity to ship. This is the law of turning from prosperity to decline. On the contrary, those companies whose performance has fallen to the bottom have poor earnings per share and high price-earnings ratio, which retail investors dare not touch. Bankers just opened their positions at this time, waiting for the opportunity to rebound in performance.

Therefore, the iron law of investment is that when an industry is in the lowest downturn, one of the opportunities for stock selection is when the company's performance falls to the bottom. Stock selection also needs to be at a low enough price, and the stock price is low enough to have a big room for growth. It is best that the stock price drops by 60%-70% at the highest point, and the price-to-book ratio is between 1- 1.2.

Buying China Southern Airlines cost me the other half. At that time, the reason for buying China Southern Airlines was that 20 1 1 had good performance, low P/E ratio and expected RMB appreciation. But I didn't expect China Southern Airlines to plummet under the favorable quarterly report. When its performance is good, it is a bad start. The appreciation of RMB has reached a certain level, and it is impossible to keep rising. Things will turn upside down. These lessons should be learned.

The factors that need to be considered in stock selection are industries supported by national policies. Enterprises with large development space in the future, enterprises restricted by policies and objective conditions, such as the automobile industry, are suppressed by the national purchase restriction policy and are not optimistic. The aviation industry is affected by oil prices and the downturn in international routes, and the future is not optimistic.

Finally, the priority of these experience considerations. Mentality is the key and internal strength. Only when the internal strength is good can we master the technology and implement the strategy of stock trading well. A good attitude lies in patience, not rashness.

Then it is a good time to seize the market, when the economy bottoms out; It is necessary to choose good stocks later. When selecting stocks, we should consider the performance and whether there is national policy support when the stock price falls to the bottom.