There is a popular saying in the stock market: "It's not how much you make in the stock market, but how long you live", and it is this saying that makes me have palpitations about long term investment.
The greatest help one can give another is to let him learn how to help himself. Whether men or women, if a person trades on the advice of others, insider information or other people's views on the stock market, he or she will never succeed in speculation or any other investment. Investors must learn to be independent. We must learn through practice and in the process of research and application. In this way, you will gain confidence and courage that no one else can give you.
The important practical value of Soros' investment theory lies in its use of the theory of contrarianism to identify overreactive markets, following the process of market formation, from self-propelled strengthening to decay,
The unstable state of the market has been the ground on which Soros has tested his theory of contrarianism, arguing that financial markets are volatile and disorderly.
The world has seen a major stock market crash this year, a rare occurrence this year, and the Chinese stock market has also bottomed out repeatedly this year.
Most investors are in and out of the stock market as frequently as bees picking flowers, but they fall into losses that they cannot extricate themselves from, even somewhat inexplicably.
In the process of investment, we will encounter a variety of difficulties, such as this new coronavirus epidemic, it will make many people begin to doubt whether the world economy is going to collapse, the future will be good?
Richard Schabaker (1902-1938) -- the father of capital market technical analysis!
He was the first to classify the forms of general charts, research and create the famous "reversion and persistence" theory, "split" theory and "support and resistance" theory, and stereotype the use of trend lines and fully emphasize the importance of support and resistance levels. (The predecessor of the "box" theory)
