One: Investors to enter the market information
1. As a novice investor, be prepared to suffer some small losses-----------------select the wrong stock and must stop.
2. Always drop 7%-8% stop after stock buy-------------------------------------always sell the worst performing stock instead of the best stock
3. When learning to invest, persistence is a key factor and never loses information. -----------The more information, the better, but to filter!
4. Learning to invest is not an overnight affair, the more ignorant it is to learn to invest time--------know more. Time is money.
Second: Now is the best time to invest
1. At the outset, first select a company that offers high-quality brokerage company goods discounts-----If equipped with a broker, you have to make sure that he has a good record of practice
2. Second, spend a few hours a week studying the performance of your chosen stock--------------------summarize the success of the investment and the performance of the stock
3. Novice investors should open a cash account instead of a client margin account--------------should invest in the best company and not the cheapest company
4. Only 5000 can start the investment, it is important to learn the experience of investment----------------pay balance to increase, learn more
5. To stay away from the vagaries of investment, such as futures, options and peripheral stocks-----------futures and so may make you a hopeless, more like xxx
6. Focus on a few high-quality stocks, 3-6 can---------------------------------------the individual's limited energy, the team may appropriately increase
7. Some investment books are worth reading--------------------------------------------------------the market guide of the Investor Business Daily, the Battle of investment and survival, the proud stock market, and the Bernard of my autobiography. , "Memoirs of a Stock Hand"
Three: Follow the rules of investment, not sentimental
1. Don't let emotional factors interfere with your investment. Following a set of rules for buying and selling, rational----should not have feelings for stocks, and Li Ka-shing has no affection for his assets.
2. Do not buy stocks under $15. Buy only the leading stocks. Leading stocks will not be cheap----------good stocks will never be cheap.
3. Learn important knowledge from the story performance of the best stocks-------------------------------------analysis of the best stock start and fall most useful
4. Be sure to do a post-mortem analysis of your own stock Exchange-------------------------------------learn from successes and failures
IV: Fundamental Analysis and technical analysis
1. Integrated use of fundamental analysis and technical analysis is the key to stock selection----------------------------
2. Fundamental analysis to help you narrow the stock selection----------------------------------------------earnings per share (important indicators) 0 annual growth rate 30% consecutive 3 years (preferred rule), Roe (capital Use efficiency), the company is also by other large enterprises, funds and other purchases.
3. Technical analysis Accurate trading timing----------------------------------------------------Graph analysis Indicators help you to examine the supply and demand relationship. Observe whether it is normal, whether someone hoarding goods, whether to buy or sell timing. , volume change is a signal
V: The first element of fundamental analysis:---------------------------------------------------Sales and revenue
1. Good sales and profitability are important features of companies with excellent stock market performance------------sales are growing,
2. Search for companies that have a growing quarterly earnings growth rate of 30%, return on net assets 17%, earnings per share, 99---------------------------------------year
3. The key to profitability is the purchase is going out of the consolidation (no movement, no trading, inactive) or out of the bottom of a stock-------------bear market is the best opportunity
Six: share price relative strength is a key technology tool------------------------------------------the relative strength of stock prices is a confusing and useful indicator.
1. The relative strength of the share price------------------------------------------------------------------the share price of the stock with the current share price a year ago, and calculates the percentage change in the stock price. Then compare the other stocks to the relative levels
2. Avoid share price relative strength------------------------------------------------------------not less than 80 of the stock.
3. The relative strength of the stock price curve------------------------------------------------------------The upward angle, do not reduce the angle of
4. Company rating system------------------------------------------------------------------earnings per share (EPS), share price relative strength (RS), relative strength of industry sector, return on net assets , sell earnings and earnings (SMR), accumulate and dispatch
Seven: Through the industry sector to understand the stock-----------------------------------------------------stock is also a social life
1. Leading the market sector or industry--------------------------------------------------sector or industry
2. Many stock market winners come from--------------------------------------------------------Pharmaceuticals, computers, communications technology, software, professional retailing, leisure
3. The relative strength index of the plate stock price-----------------------------------------------------identify the strongest sectors of the sector or sector.
Viii. the relationship between turnover and shareholders-----------------------------------------------------funds and institutions can influence the stock market.
1. Volume is the actual number of shares-----------------------------------------------------------------------completed transactions
2. The rise in share prices is no coincidence-----------------------------------------------------------such as a large volume of purchases, large institutions or funds.
3. Volume change percentage-----------------------------------------------------------track the last 50 Days of Evaluation Day volume, Volume change curve
4. Aggregation/dispersion level----------------------------------------------------------------find out if large institutional funds are buying and selling
5. Good funds hold your stock--------------------------------------------------help you determine whether your stock is good
Nine: How to Buy at the right time-----------------------------------------------------to see the technical situation through the graph
1. The most outstanding leading stocks doubled--------------------------------------------------------would have a special bottom, these bottoms formed before breaking new highs
2. The most common form-----------------------------------------------------------------a cup ring with a handle, like a coffee cup in the right hand
3. The best Buy point for any stock-----------------------------------------------------fulcrum, the bottom part of the end of the stock price, is breaking the high point of innovation
4.--------------------------------------------------------------trading volume is 1.5 times times the average on the day the stock price breaks
5. Should buy is breaking new heights of stocks-----------------------------------------------most people are afraid to buy
6. With the rise in share prices-----------------------------------------------------------------trading volume must also rise, is a positive phenomenon
7. As the share price falls-----------------------------------------------------------------Trading volume Also rises, that is the negative phenomenon
8. Share prices fell-----------------------------------------------------------------------trading volume also fell, indicating that there was no large buying
Ten: How to make a lot of money by using the shape of graph line--------------------------------------------------
1. Stock selection should be noted that the graphic-----------------------------------------------------with a handle cup (coffee cup), double Bottom (W), flat bottom (
__）
2. Several bottom forms are defective-------------------------------------------------1. The handle area is too wide or the stock price fluctuates too large; (down 20%-30%)
2. The stock price soars directly from the low point of the handle area (often sold cheaply)
3. The bottom of the overall shape is too large or up and down (less volatility, more compact)
4. The last of the plate to break through innovative high-level stocks;
5. Stock price Breakout is the volume does not increase; (should be avoided)
6. The bottom of stage IV; (fourth formation of the bottom)
7. The bottom of a short time--(1-4 weeks)
3. Do not buy low sell high----------------------------------------------------------------should be buy high sell higher
4. You should buy--------------------------------------------------at an accurate "pivot point" before you go beyond "pivot" 5%.
5.----------------------------------------------------------------------the main funds to raise the stock price, diversion, the other people follow the direction of the liquidation.
11: How to interpret the stock chart as a professional investor----------------------------time
1.
2. Most successful stocks----------------------------to different stages in the course of a gradual rise in share prices, and the fourth stage of the third phase usually fails.
3. Chart of stock price and volume-------------------------------------------------------help you identify when the stock price peaked and should be sold
4. Study the shape of the leading stock of the past success-------------------------------------learn to select stocks. History is always strikingly similar.
5. Look for the shape of the handle in the upper half of the bottom-------------------------------------the position of the handle is closer to the previous high or the previous low.
6. The level of perfection should have such a condition----------------------------------------when the volume is greater than the average, the time for the stock price to rise should be greater than the time when the stock price falls over the average.
7. Most of the leading stocks-------------------------------up 20% in eight weeks or less after the bottom of the stock price breakthrough. So never sell a potential stock that gains 20% in less than four weeks.
12: How to judge the stock market trend----------------------------------------------forecast the stock market forecast, predict the future of the company
1. Important indices of the stock market-------------------------------------------------------------the stock market. Tracking the stock market trend is critical
2. Ignore individual opinions about the stock market-------------------------------------------------study the daily changes in the price and turnover of important indices
3. A typical bear market will 20%-25% from a peak decline to a------------------------------------political or economic environment that could cause a sharper decline.
13: Gain determine when the stock market peaked-------------------------------------------------know the top to know how much money to make
1. The key is to know the right time to sell----------------------------------------heart, take the time to learn or even research
2.3/4 's stock will go with the market trend------------------------------------------important is to learn how to determine when the market peak
3. In the three weeks time there are 4-5 chips scattered day------------------------------The stock market will generally reverse.
4. A drop in the closing price and a rise in turnover, or a stagnation in the stock price attempt to break through, are signs of a fragmented stack. You should look for a signal to Jiancang or sell.
5. Bounce and fake bounce----------------------------------------------------------------reverse the downtrend or rise from a narrow trading range. False---Only the price increases, the lack of turnover.
14: How to determine when the stock market will see the bottom-------------------------------------------------see the strength of the rebound
1. A bear market causes fear, uncertainty and loss of confidence. ----------------------------bounce off the bottom, start the next suckers, full of opportunities when most people don't believe
2. At some point in the stock market downturn, the stock index will try to rebound-------------------------------rebound is a stock that has gone through a slump trying to pick up and increase prices.
3. A bear market typically undergoes two or three fluctuations, with several false bounces in the middle-------------------The rally tends to fail after 1-4 weeks, with occasional 5-6 weeks
4. Eventually, one of the rallies will be "followed up". The-----------------------------------------index closed more than 1% per cent on the previous day, and trading volumes also rose sharply. The rally will be confirmed on the 4th-10th day.
5. Several large indices are the best information for analysing market conditions and judging the bottom of the top-------as well as observing the movements of major stocks in the stock market as an indicator of the peak.
6. Most technical indicators are of little use----------------------------------------market-mind indicators such as buy/sell ratios help to identify changes in market trends, but are of little use.
XV: How to choose Stock-------------------------------------------------------------true leading stock, industry's premier
1. Once you have decided to intervene in a stock market with a full stock price rise----------------------------You should choose the dominant stock consider the factors
1). Is the company's current quarterly earnings per share at least 25%? Has the current increase in profit been accelerating compared to the last few quarters? Has there been a significant increase in revenue by more than 50 in 6-12 quarters? Is there any expectation that the expected returns in the next quarter will grow much? Have the gains in the last few quarters been better than expected? If it is a growth stock, is the annual revenue increase greater than 25% over the past three years? Is the earnings per share score above 80 points?
2). If it is a rally stock, are there any (1-2) quarterly earnings growth so that its 12-month earnings per share return to peak? If so, are the 12-month earnings approaching or exceeding the peak of two years of money? What is widely believed to be the expected return for the next two years
3). Does the company have strong sales growth in 6-12 quarters? Is the rate of growth accelerating in recent quarters?
4). Does the current quarter's after-tax profit reach or close to the peak? Are there any gains in profits over the last few quarters? Is the company's profits the best in the industry?
5). Does the profit margin reach more than 18% per annum?
6). Is the shareholder's rate of return above 20%, or is it the best in the industry?
7). Sales + Profit margin + shareholder return (SMR) is the comprehensive score a or B? This shows that it is in the top 40% of all stocks in sales growth, pre-tax profit rate and shareholder return
8). Does the company's management hold company stock?
9). Is the stock in a good price range? For the Nasdaq (US $16-150) faucet ($ 30-50) began to break the bottom line sharply increased. The price basically reflects the quality, and the cheap thing is no quality.
10). Does the stock belong to traditional industries such as retail, computers, the technology industry, as long as the healthcare industry or the entertainment industry? Does it belong to the top 5 industries now?
11). Observe whether the stock market prefers high-market or low-market value to the current trend.
12). What does the stock market prefer in the economic sector, consumer goods or high-tech industries? Growth industry, cyclical industry (with the business cycle), or traditional industries (food, utilities)? The new company or the old company?
13) can the company's products save money, solve problems, or save time by leveraging new technologies? Or is it a new drug or medical technology? Is it generally necessary or popular? Do you encourage people to spend more times?
14). Is the company's backlog of orders getting more and more? How much does the production capacity play? How fast does the company expect the company to expand in the future?
15). Are there one or two companies with a keen eye and a better mutual fund to buy the stock?
16). Do you really understand and believe in the company's business? Have you ever seen the use of their products or services? The more you know about the company, the stronger your confidence will be.
2. The profit and sales growth of the potential stocks are strong, the profit margin increases more space, the shareholder returns high (above 17%) they should also belong to the main industry
16: How to use the securities media effectively-----------------------------------------------it's a research tool.
1. The "Stock Market" column--------------------------------------------------------------------the Close and volume of the index and the stock
2. Earnings per share (EPS) scored----------------------------------------------------1-99 points. a=20%, b=40%
3. Relative price movement (RS) score------------------------------------------------of 1-99, a=20%, b=40%
4. Overall relative trend of the industry scoring----------------------------------------------------the industry's overall price trend over the past six months (adhering to the leading industry)
5. Sales + Profit + shareholder Return (SMR) comprehensive score---------------------------1-99 points. a=20%, b=40%
6. Score accumulation and distribution score----------------------------------------------------whether the stock has been bought or sold in the last 13 weeks.
7. You need to buy more than B companies-----------------------------------------------------at least 3 of the ratings have reached B
8. A daily study of "where is the huge amount of money"--------------------------------------------companies that recorded large volumes on that day. Notice in or out? And then look at the "big Fund agency" trend.
9. Earnings per share and surplus growth-------------------------------------------------------the basis for generating new profits and growth, and after-tax profits are measured by ordinary tradable shares to measure growth and profitability. Rating ABCDE. Surplus growth in the last two quarters, and 3-5 year-on-year growth
17: Growth-oriented and value-based investments----------------------------------------------invest in growth stocks and invest in value-based stocks
1. Value-equity investors----------------------------------------------------------companies with high incomes, higher sales growth, lucrative profits and over 17% shareholder returns
2. Value-based stock investors----------------------------------------------------------bullish and undervalued stocks.
3. Research shows that the new leading stocks have risen sharply in share prices, his P/e multiples of other stocks in the stock market
4. Mutual funds are a good investment direction----------------------------------------rely on the power of compounding and forever hold
18: How to maximize the return on investment-------------------------------------------------the trap of getting rich quickly
1. Investment must be simple----------------------------------------------investment in domestic stocks or mutual funds.
2. In the stock market your return-------------------------------------------------------------depends on your pay, low-priced stocks cheap for a reason.
3. Options, futures full of risk, not only to judge the trend, but also to determine the time of rise or fall
19: How to make the right portfolio----------------------------------------------leverage your portfolio to diversify your risk
1. Diversification of investment and asset allocation is not a must----------------------------------you have to concentrate as much as possible, understand the investment products and watch them carefully.
2. With different funds, the number of shares purchased is different----------------------------------(3w,2) (6w,3) (15w,4) (35w,5) Maximum of 6
3. There is a new stock to buy first what to do-------------------------------------------------the elimination system.
4. When buying a stock, the distributed opening-------------------------------------------------the first buy-in system to invest in general funds, up 2%-3%, and then buy a small amount. Buy a rise does not buy a fall.
20: Every investor should have the rule of selling-------------------------------------the stock to sell is the real profit.
1. The number one rule is to reduce losses, protect against greater losses-------------------------lower than the bid price by 8%, should sell
2. The leading stocks rose 20%-25% in 2-3 weeks--------------------------------------------never sell profits. A signal with real strength.
3.4% of the shares in a day or two will return to the point you bought----------------------sometimes a lot of turnover, do not shake, do not sell the stock (shock consolidation)
4.3% of the leading stocks rose a few months later to peak, rising much faster-------------to find the biggest gains in stocks since the rally. It means stocks are emotionally agitated, leading to a sharp rise, as the market tends to contradict the public's view, which is the best time to sell the stock.
21: Each investor should have the rule of Sale 2-----------------------------------analyze each buy and sell decision, record each buy and sell situation, mentality, why, It takes a couple of weeks to make a profit-and-loss decision, to summarize the two parts each year, to find common ground, to find problems, to discover valuable things, to establish new rules, and to correct mistakes. Objective (can find friends together)
1. Stock earnings per share for two consecutive quarterly gains fell significantly-------------------------100% fell back to 30% to sell
2. The stock broke through the bottom line, breaking the Day (week) volume is smaller than the previous day (week),---show insufficient demand, volume should be greater than the evaluation of the volume of 40%-50%. Sell
3. Stock break the bottom line a lot of graphics, but not immediately "follow up", and then fell for a few days, volume increased, below the turning point or turning point 5%-----------------Description It is a fake price graphic that needs to be Jiancang or sold
4. In the past few months, stocks have risen sharply and formed several bottom lines-------------------------when stocks break the bottom line for the fourth time, they should sell. Because everyone noticed at this time, the most obvious stock in the stock market rarely has a good performance.
5. If the share price of a leading stock falls and is sold, unable to recover lost territory----------------------the stock of the industry will be impacted, consider selling
6. Stocks rose more than 1, 2 months, and the stock price is higher than the previous day-------------the final stage of the rise, known as "do not make a gap", do not put the "gap" in the early stage of the trend confused
7. The stock line ordinal month rises, the stock closes with the biggest one day transaction volume to collect-------may be a warning signal to remind you to consider selling
8. Another reason for the possibility of selling arbitrage----------------------------------------------there are better stocks to buy
22: How to make millions in mutual funds
1. Diversified equity funds are your best choice-------------------------------------whether it's a growth fund or a value fund
2. Choose the best performing fund----------------------------------------------------------3 years of best performance
3. Never sell your growth stock mutual funds----------------------------------hold and observe his direction
4. Do not buy too many funds-------------------------------------------------------the distribution of assets is too scattered will dilute your overall income
23: How to obtain investment information from Securities media-------------------------------------take its essence to its dregs
1. Read the topics you are interested in-------------------------------------------------a quick look at the "Essentials" headline and read only a brief summary of what you think is important
2. New things that may dominate the market----------------------------------------------------innovative and enterprising companies, sharing new ideas, new concepts and new products
3. Leaders and successful----------------------------------------------------------------get important positions from leaders and successful people.
4. Business and economy-------------------------------------------------------------------the economic trends and impacts of the entire market and industry
5. Computers and technology----------------------------------------------------------------those high-tech services and products.
6. Prior to the stock selection, the market must be evaluated as a whole-------------------------------market and industry overview can tell you the current trend of the market
Summary: CAN SLIM
c= Current earnings growth
A= Annual profit growth
N= new products, services, new management, high prices
S= Supply and demand
L= leaders and laggards
I= Professional Investment Organization
m= Market
Bachelor of Successful People is a shortcut
1. Positive Thinking---------------------------------------------------------------------attitude determines fate
2. Objectives, decisions, plans---------------------------------------------------------implementation
3. Pragmatic---------------------------------------------------------------------decisive and resolute
4. Keep on learning: reading, learning skills, looking for master---------------------------------only when you know the price of things you will learn
5. Success is perseverance and hard work------------------------------------------mind: The time to give up is only a step away from success.
6. Successful people will analyze the details and verify the facts---------------------------------------not satisfied with the ordinary, put the ego aside, careful analysis of the mistakes in order to change
7. Good at managing time and money------------------------------------------------------time and money is your capital, time is limited capital, on your own goals should be thinking about the night
8. Success means that Maverick and innovation--------------------------------------------the opposite, and may be make money. The stakes are great.
9. Efficient communication--------------------------------------------------------------The most easily understood language to inspire others
10. Integrity------------------------------------------------------------------------as the right person
24 Required classes for stock investment
