Chapter 20 Chapter 20 "Fishing in troubled waters" and "carrying a sedan chair" and "sitting a sedan chair" in the stock market

"Be prepared for danger in times of peace", to do something, no matter whether it succeeds or not, first think about the way out.The same goes for stock market trading.When the stock price in the stock market continues to rise, most people who play stocks will be overjoyed because of the rise in the stock price, but they tend to overlook one situation: that is, the stocks that may be caught in a big drop may follow. Consequences, lack of necessary preparations. Before December 10, 1991, the stock market in Shenzhen continued to experience a bull market, and many novices who knew little about stocks made a lot of money, but this did not mean that they were already at the same level as veterans of the stock market.

Veterans in the stock market have rich knowledge and experience in stock investment. Therefore, every purchase or sale has been carefully considered in advance.Especially when the stock price continues to rise, veterans of the stock market always measure it from multiple angles, judging whether the stock price is reasonable and possible from the perspective of industrial bonds, dividends, product sales market conditions, interest rate environment and level trends, capital conditions, price-earnings ratios, and the actual situation of the stock market. continue to rise.Therefore, many experienced investors have made the most appropriate treatment under the principle of low entry and high exit.

However, those novices who have just entered the stock market are different.Because their research and judgment ability and experience are much inferior to those of veterans, most of them rely on temporary impulse to buy continuously when the stock price continues to rise. Although they made a lot of profits at that time; , it is inevitable that hands and feet will be messed up, and finally all previous efforts will be wasted.At that time, the veteran soap had already been sold, and the losers were almost all novices. In the stock market, some sharp-sighted and experienced investors are generally called "sedan sedan chairs".They buy when the price is low, and then wait until some retail investors run in, and when the time is right, the price will gradually rise, and they can sit back and enjoy the benefits. This is commonly known as "sitting on a sedan chair" in the stock market.Most of these people are prophets; as for the retail investors who ran in, either they also tasted some sweetness, or they got nothing at all, and finally became victims of being trapped by the wind.The stock market commonly calls this kind of people "sedan bearers", and they are all people who are slow-witted.When the stock market changes, the price is still rising gradually. The stocks bought earlier are sold at a profit one after another, and they are sitting in the sedan chair to make a profit. Finally, the price is too low and suffer losses, it is really thankless behavior.

The stock market is changing rapidly, and there is rarely a long-term straight rise or fall. More often, it is changeable and intricate. A little carelessness can easily lead to monetary losses. Before the Shenzhen stock market plummeted in 1991, some insightful people had already issued warnings, pointing out that an excessively high stock price was not only a bad sign, but a harbinger of risks. Judging from the future situation, the analysis of experts hit the nail on the head.Originally, when investing in stocks, there are often swarms of bees. Those with quick hands and eyes can often escape the risk circle, but most investors cannot escape bad luck.This lesson illustrates the truth of avoiding blind follow-up when investing in stocks. Those who follow up will suffer a lot from "carrying the sedan chair".

However, in the stock market, there have indeed been situations where the "sedan chair" and the "sedan bearer" profited together. One of the most famous examples occurred in the United States in the late 1960s. At that time, the United States had the most fascinating and longest bull market ever, and the bull market attracted many newbies to Wall Street.In this situation, some brokers began to confuse the public and publicize, using their rich imagination and extensive knowledge of the market, boldly pretending to attract followers.These brokers love anything that changes quickly and dramatically.They claimed to have inside information and invented new techniques for stock selection.This self-fulfilling prophecy will work if enough people believe them, buy enough shares at their beck and call, and then resell them. .Then they repeat the trick with more customers.At this period, the bull market seemed to offer an opportunity to everyone, and almost all new issues received in the morning were dealt with in the late afternoon and sold at twice their original price.In this way, the customer benefits, and the broker also benefits.These people are called "gangsters with guns" because of their superb methods and daring to take risks.

From this example, we can sum up the methods of getting rich commonly used by "snatchers": After identifying the stock market, they buy at a low price, or use the method of "thugs with guns" to make many retail investors follow up. At this time, the price gradually rises, and they make a decisive move at an appropriate time and make a huge profit.At this time, the stock market is often in a chaotic period of ups and downs, and their behavior is not easy to be noticed.Therefore, these "sedan chairmen" are the "leaders" in the stock market, and their actions are highly speculative. This way of winning by taking advantage of chaos is proudly called "fishing in troubled waters" in "Thirty-Six Strategies".

"Fishing in troubled waters" is the second strategy in the fourth set of melee tactics in "Thirty-Six Strategies": "Take advantage of the chaos to benefit the weak and have no owner. Follow the dark to feast." As we all know, fish are dangerous in muddy water. If you can't see where you are going, it is difficult for people to tell the truth from the fake in a chaotic environment.In strategy, it is about taking advantage of the enemy's confusion, taking advantage of its weakness and lack of assertiveness, and making it obey our side, as habitual and natural as a person's work and rest according to the weather.

At the end of the Eastern Han Dynasty, Yuan Shao and Cao Cao fought a decisive battle in the Guandu area.At that time, Yuan Shao had 100,000 powerful soldiers and sufficient food and grass.However, Cao Cao had only 20,000 men and horses, and lacked food and grass, so Yuan Shao underestimated the enemy. In order to defeat the powerful enemy, Cao Cao thought hard all day long. At this time, Yuan Shao's counselor Xu You came to Cao Cao and offered him a clever plan.Cao Cao, who is as good as he is, immediately adopted it. He immediately mobilized 5,000 infantry and cavalry, put on Yuan Jun's clothes, and disguised them as Yuan Dan's team. That night, taking advantage of the dark sky, Cao Cao personally led the troops, under the banner of Yuan Jun, and hoarded grain, grass and luggage from Yuan Shao. The Wuchao marched.In order to keep it secret, Cao Jun tied up the mouths of all the horses, and each mouth held a (a kind of small wooden stick like chopsticks, with two ropes tied around the neck). One in the middle, so as not to speak or make a sound, and be detected by the enemy).Cao Jun was interrogated by Yuan Jun several times along the way, pretending that Yuan Shao sent him to Wuchao for reinforcements. In this way, he passed Yuan Jun's defense line smoothly. Before dawn, Cao Jun arrived at Wuchao and stockpiled Yuan Shao's grain. surrounded.Cao Cao ordered the soldiers to light dry firewood and set fire to it. In an instant, thick smoke rose from the food store and the flames shot into the sky.Yuan Jun woke up from his dream, panicking, not knowing what to do.Yuan Jun's defender Chunyu Qiong rushed to the battle, but couldn't withstand the onslaught of Cao Jun's onslaught, so he had to retreat and guard the gate of the camp.Under Cao Cao's resolute and decisive command, Cao's soldiers fought desperately and were unstoppable. They quickly captured Yuan Jun's Yingtai, killed the main general Chunyu Qiong, and burned all of Yuan Jun's 10,000 carts of grain and grain!

"If the army has no food, it will perish." Yuan Shao lost food and grass, and the morale of the army was shaken.Cao Cao won the battle of Guandu. "Fishing in troubled waters" is actually winning in chaos. If we want to win in chaos, we need to take active military actions to "confuse the waters."However, when the turbulent waters will eventually be clarified, the disguised forces will eventually be discovered. Therefore, "fishing in troubled waters" is a quick solution.Moreover, "fishing in troubled waters" generally creates favorable conditions for the main force's frontal attack, and can only be used as an important auxiliary means to cooperate with the main force's attack.The same is true in the stock market. Although the chaotic situation will provide a good environment for the "sitters" to make profits, fundamentally they still have to rely on their solid investment skills.

Although the behavior of "fishing in troubled waters" by the "persons in the sedan chair" seems immoral, it is not illegal, because the "persons in the sedan chair" have been fighting on their own strength, and what they are doing is fair competition. In all aspects, it is better than investment novice.For example, the "gun gangsters" in the US stock market mentioned above, they just used their intelligence and ability to get a trick in terms of skills, and did not go beyond the law. "You should not blame others because you have suffered losses, and make too many accusations against the "person who sits in the sedan chair".As far as the "sedan lifter" is concerned, it is more about analyzing his own behavior, that is, why he "lifts the sedan chair", which shows that his investment is relatively blind, and he cannot analyze it calmly. In the stock market, rationally adopt some investment techniques, seize favorable opportunities, and boldly conduct stock transactions.After clarifying these, all you have to do is to improve your skills and experience as soon as possible, so that you can get out of childishness as soon as possible, and avoid making mistakes such as "lifting the sedan chair" again.

In order to help novice investors get out of the "mistaken zone" of the stock market as soon as possible, we have collected the experience of some experts and veterans in trading skills for readers' reference. For ordinary investors, first of all, they should learn to go in the opposite direction.The stock market is an extremely complex market, and the fluctuation of stock prices depends on many factors.As an investor involved in stock trading, it is especially necessary to keep a clear mind and pay special attention to the possibility of a decline when the stock price is high; when it is falling, it is necessary to pay close attention to the upward trend.Because when there is unprecedented "prosperity" in the stock market, disaster is often hidden.Over-popular stocks are often the most artificially manipulated stocks, and their stock prices have greatly deviated from the stock value, so they are often the stocks with the most violent price rises and falls.When the stock price rises sharply, it is also a precursor to a sharp price drop. Therefore, do not blindly follow the trend and follow others.Little do they know that losses often arise from this.You must learn to think backwards and take the opposite action.This point has been described in the section "Take advantage of the fire". Second, learn to sit back and wait for a good opportunity.The trading atmosphere in the stock market often affects the behavior of investors and often prompts them to take actions against their subjective wishes.For example, some investors originally wanted to buy stocks, but were infected by the sound of selling in the stock market, and instead sold the original stocks in their hands. They could have made a profit, but they lost the profit.Due to the influence of the atmosphere of the stock market, it is often difficult for people to make accurate judgments on the trend of stock prices. Therefore, the best way is to stop and rest.You must know that the three procedures for investing in stocks are buying, selling, and taking a break. This is the so-called long-term fishing for big fish.Therefore, for some uncertain news, you have to wait a while to decide, or grasp the rhythm of the transaction, and exercise restraint. Special attention should be paid not to change the original intention of buying or selling due to sudden bad news. Thirdly, investors should possess calm and decisive qualities.When engaging in stock trading, you should not be too impatient or panic, so as not to often buy at the highest price and sell at the lowest price.You can't hesitate and cringe, hesitate, stop and stop, and miss the opportunity.Therefore, calm down, analyze the stock market carefully, and take decisive actions when the investment opportunities come, so as to obtain greater profits. Finally, investors should be careful not to be greedy for small things.The purpose of stock investment is to pursue the maximum profit, but due to frequent fluctuations in stock prices, it is difficult to judge the most accurate time to make profits.Therefore, as an investor, you must not set the profit target too high, lose vested interests in order to sell one or two more quotation units, or lose long-term interests by only focusing on immediate interests. The above are the necessary skills for some investors.In any case, careful research and judgment and prudent actions cannot be ignored in stock investment.If you can really proceed step by step and master the above skills proficiently, then it will be time for you to bid farewell to the "sedan bearers" and join the ranks of "sedan sedan chairs". You can also try to use the "fishing in troubled waters" strategy in the stock market It's a plan.