How to Improve Stock Trading Skills (1) Practical Skills

How to reach the highest level of stock trading?
Friend, please answer these questions first: Why do some stock investors start as small retail investors in the stock market, go through countless battles, make repeated gains, and their profits roll like snowballs, eventually becoming billionaires and dominating the market, while most stock investors become the main players and even lose all their hard-earned money? What is the reason behind this?
Is it because their own funds are too little? Guangzhou's Shikai started from over 40000 yuan and is now a well-known tycoon, while Shanghai's Lao Tao started from 1400 yuan. Who doesn't admire him now? They didn't have too much capital when they started trading stocks, but they achieved amazing results. Obviously, funding is not the main factor!
Is their intelligence not high enough? There is a joke that when a person enters heaven after death, the steward of heaven asks how high their intelligence is, and the person is puzzled. The butler explained that in heaven, housing is allocated based on intelligence. If your IQ is 160, you can live with Einstein and discuss relativity; If your IQ is 120, you can live with Churchill, so you have time to discuss political issues; If your IQ is only 80, then living with investors and discussing stocks together would be perfect.
The person was even more puzzled and asked the butler, doesn't stock trading require high intelligence? The butler said, may I ask the financiers on Wall Street who have intelligence comparable to Einstein, but aren't they also richer than Einstein?
Although this joke may be a bit hurtful, it hit the nail on the head. Stock trading does not require a high level of intelligence. Obviously, the level of intelligence is not one of the factors determining the success or failure of stock trading.
Are they not learning enough skills? Not at all! There is a stock investor in Shanghai who started with only 10000 yuan and earned over 1 million yuan in just 5 years. When asked what stock trading techniques he is proficient in, he said he only knows one technique, which is the 5-day moving average. As long as the stock price remains stable at the 5-day moving average, he will buy. If the stock price deviates from the 5-day moving average, he will resolutely sell, using only this simple technique. From this example, it can be seen that making money through stock trading does not require mastering too many skills.
So, what exactly is it because of?
They are missing something. This kind of thing is the cultivation that elevates a simple stock trading technique to a certain level through the accumulation of experience. This kind of literacy first comes from having a correct understanding of stock trading.
In the current Chinese stock market, most investors still focus on short-term speculation. In fact, although short-term speculation has the potential to generate huge profits in the short term, it is a very difficult task. It is very difficult for ordinary retail investors to make profits in short-term speculation. This is because most retail investors often fall into misconceptions in terms of cognition.
To be fair, the Chinese stock market has not yet formed a fully mature operational theory, and many operational theories from foreign countries such as Hong Kong and Taiwan may not necessarily be suitable for China's actual situation, or may not be suitable for China's national conditions at all. It only serves as a reference.
However, many people do not understand this and even worship these operational theories as gods, to the point of blindly following and dogmatically hyping them up. This is obviously very irrational, how can there be a way not to lose money?
In fact, the true masters in the stock market rely not only on textbook knowledge to win, but also on the experience condensed from various learning and life experiences, insights, and so on.
Experience comes from the accumulation of time, from the integration and sublimation of various knowledge, that is, from something higher than imported theory. If these things are understood at a superficial level, they may only be some very ordinary routines and techniques, which some stock analysts call "moves". However, if understood and grasped at a deeper level, they are integrated, ingenious, and skillfully used "no moves" things.
The so-called 'no moves' actually does not refer to the lack of routines and techniques, but rather to the integration of all the routines and techniques of a certain simple technique into a spiritual literacy that no longer shows any traces of the original routines and techniques, giving people the feeling of having no moves. Winning with no moves means reaching a certain level after sublimating experience. The attainment of this realm requires careful understanding and contemplation, which is something that can only be understood but cannot be expressed. It requires a high level of insight and rich life experience to grasp and comprehend its essence.
Of course, a person's comprehension is not entirely determined by their innate talent. Learning and practice are more important than talent.
Therefore, in order to make profits in the stock market and achieve the highest level of winning without strategy, there is no other way but to constantly learn and practice, and accumulate experience. What this book aims to provide is some insights and experiences on learning and practice. I cherish it for myself, so it's better to throw a brick to attract jade. If it can help stock investors, then they will feel at ease.