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Chapter 60: The Game of the Reasonable and Brave

Looking at the time, it was already half past one. Tang Xin opened the stock software and called out the stock price trend of Punan Pharmaceutical. Then he got up and walked to the closet, chose an ordinary windbreaker to put on, and prepared to go out for a meal first.

The doorbell rang at the shoe rack next to the door.

When he opened the door, Tang Xin unexpectedly saw Ye Qiu standing at the door with two lunch boxes in his hand.

"Why are you here?"

Tang Xin opened the door and asked her to come in. Ye Qiu handed him the environmentally friendly lunch box and bent down to change his shoes.

"I guess you didn't eat, so I gave you a fast food."

Tang Xin looked at the box of lunch and vegetables in his hand, leaned against the wall and asked, "Then aren't you going to school yet?"

"I won't go in the afternoon."

Ye Qiu changed his shoes and was about to walk towards Tang Xin's room. Tang Xin followed him and advised: "No, don't, go to school quickly. If the adults know that you skipped class, they would definitely say that I've taken you badly."

Without looking back, Ye Qiu took off the warm hat on his head and said, "I feel uncomfortable, so I'm taking a leave."

Tang Xin walked into the bedroom, put the fast food box at the computer desk, came to his senses and frowned, "Then I still took you apart, you were actually lying!"

Ye Qiu stared at the stock price trend of Punan Pharmaceutical on the computer screen and said in a flash: "It's you who said that because of the speed of our brain reaction, we are in a world of lies."

Tang Xin, who was completely untempered, went to the refrigerator in the kitchen to get a bottle of drinks and cups, returned to the house and poured a glass of drinks for Ye Qiu on the desk, sat on the computer chair, picked up the lunch box and started lunch.

Perhaps Ye Qiu knew that his father would make an investment before quitting the stock market, so he kept staring at the market trend of Punan Pharmaceutical without blinking.

Tang Xin was having a meal and also watching the stock price trend. Whenever the software was automatically refreshed, the stock price of Punan Pharmaceutical would rise slightly.

It opened low in the morning. The stock price, which is nearly five yuan, has risen to over five yuan more than half an hour after the opening in the afternoon. Now it costs 1 cent every time it rises. This trend sounds small in 2 minutes, but based on the stock price itself, even if it can rise less than 50 cents a day, it will hit the daily limit.

Ye Qiu was nervous at first, and his breathing could reach Tang Xin's ears. However, if he kept staring at the stock price, he would feel bored. She turned to look at Tang Xin, hesitated for a while, and said, "Tang Xin, can you teach me stocks?"

Tang Xin chewed the food and shook his head calmly. He saw Ye Qiu frowned slightly and said unhappily: "Why?"

After swallowing the food, Tang Xin took a sip of water and confessed: "I said that I don't understand stocks, so I don't want to mislead people's children. However, if you want to learn this knowledge, I have a book here, so you can wait."

Putting down the fast food box, Tang Xin came to his bookshelf and saw a variety of books on the bookshelf piled up. He pulled out several books from the bookshelf one by one and held them in his arms. Seeing his actions, Ye Qiu sighed silently: Is it difficult to sort out the bookshelf and classify books?

Holding a stack of books and putting them on the desk next to Ye Qiu, Tang Xin sat down and picked up the lunch box, and said, "You can read it yourself. If I can teach you anything, there are all in the books. Given that I don't want to understand much about reading, I think it's better for you to read."

Ye Qiu spread out one by one, looking at the unfamiliar title, feeling that he couldn't start.

Gennanwei moving average rule

Cycle cycle theory

Elliott Wave Theory

Reverse thinking art

etc.

Tang Xin has definitely read all these books completely. As long as he feels that he has read it almost the same, he will no longer care about the key points he wants to express in the book after he has understood it.

Even his "gold speculation" strategy today is just a method derived from cycle cycle theory and wave theory.

Seeing Ye Qiu's confusion, Tang Xin put down his chopsticks, picked up a book from the table and presented it to her: "Look at this book first. "Opposite Theory"."

Ye Qiu looked down at the title of the book, as if he was worried that he would not understand it. He wanted to start with the beginning and said, "Didn't there be books like stocks and stock markets?"

Tang Xin was stunned and shrugged, "Most people's way of thinking has preconceived factors. If you read that kind of book, you will regard the stock market as a K-line, KDJ indicator, Bull indicator, Dif, Dea and other data that make you believe in as the truth. Don't you understand what the stock market and stocks are? Well, so, you think the stock market is a vegetable market, you think the stock market is a vegetable market, you think the stock market is a vegetable market, you think the stock market is a role change, you think the vegetable price will rise, then you are the person who buys vegetables, buys the vegetables and hoards them. If you make the right judgment, the vegetable price has risen, and you feel that the vegetable price has risen to the end, then you become a vegetable seller. After the vegetables are sold, the price difference in the middle is the money you make."

Ye Qiu was amused by Tang Xin's words, picked up the book and blocked it in front of his mouth and nose, his eyes flashed, and he said, "Then what's special about this book?"

Tang Xin stood up and opened the window for breathing. He took out a pack of cigarettes from the depths of the drawer and lit them. Ye Qiu knew that he was smoking, but after he had persuaded him to fail, he could only helplessly.

"This opposite theory is actually to make people who want to invest in stocks understand what kind of game the stock market is. So I think that everyone who wants to invest in stocks must at least understand the essence and rules of this market, and understand that this market is not a game between people and data, not a game you study this line and that chart all day long, and then you can find clues from the stock market that can be copied and applied. The key point is the game between people, and the financial market is always the king of the minority."

Ye Qiu put down the book, held the fragrant cheek with his hand, turned his head to look at Tang Xin and said, "Then you can talk to me before I read the book."

Tang Xin was idle anyway, and seeing that the stock price was very boring, he turned around and opened his mouth.

"The principle based on the opposite theory is as follows: the securities market itself does not create new value, does not add value, or even impair it, because there is a consumption of transaction costs. Therefore, as an investor, if you act the same as most people, you must not make the most profits, because it is impossible to make a majority of profits. To obtain the maximum benefit, you must stand on the opposite side of most people."

With just this passage, Ye Qiu was incomprehensible.

"You said that like most people choose, they don't make much profit, and those who stand on the opposite side can get the best benefits. Who is losing in this?"

Just like when you throw a coin, choose the positive and negative, most people choose the positive and the positive. According to Tang Xin, you can make a profit, but it is a small profit. To get the maximum benefit, you have to choose the negative.

In this way, both positive and negative sides will make profits? It’s contradictory!

Tang Xin put the ash bomb in the fast food box, then nodded and said, "Your question makes sense, but the opposite theory arises in an extreme situation. The rising situation in the stock market is called a bull market, and the falling situation is called a bear market. Have you heard of this?"

Ye Qiu nodded seriously with a serious expression. Even though she never deliberately paid attention to stocks, she understood some stock market terms in the years she had been influenced by Ye Pengfei.

Tang Xin continued: "The moment before the bull market turns into a bear market, the stock market rises to its peak and is about to fall. Why is this situation? Because everyone is optimistic about the rise of the stock market and exhausts funds to buy. The buyer's purchasing power is at the end of his strength. The subsequent funds are unsustainable, and the stock price cannot rise! The bull market is completed when everyone is optimistic! The situation in the bear market is the same. Everyone is indifferent to the market, holds the funds in their hands and is unwilling to buy, and is selling short selling. When people who have no less attention to the market trend take action, the stock market reaches the critical point of the bear market turning into a bull market. This is the opposite theory. At the extreme peak and valley bottom of the stock market, the profit is the most!"

From these brief words, Ye Qiu roughly understood. She said thoughtfully: "Standing on the opposite side of everyone, everyone is bullish or bearish, you have to operate the opposite."

Tang Xin nodded and added: "Of course, this is theoretical knowledge. There are many factors that affect the stock market, and they must be taken into account. But the opposite theory tells us that investing in the stock market is a game of courage and reason. Only by being rational in mind can you not be affected by the optimism or pessimism of most people. Only by being brave can you take the step of loneliness against the world!"

Ye Qiu turned his head and looked at the books on the desk, then asked, "Why don't you trade stocks? Don't you invest in the stock market?"

Tang Xin sat in a computer chair and turned to the computer screen, and replied casually: "I? I am not so arrogant that I really think I can be in the stock market. As for institutions investing in the stock market, there are countless investment analysts in the investment team, analyzing the market, collecting information, predicting the market purchasing power, and when will it reach its peak? In addition, my country's stock market is a policy market, how can I, a small person, know good or bad news in advance than those who are arrogant? We ordinary people, and those big group chaebols, when they enter this market, stand on different platforms, and see different things. What I said before, the stock market is a game between people, and money just flows from one person's pocket to another. How can we little people be competitive?"

Looking at the careless Tang Xin from the side, Ye Qiu thought: If you were given the same platform, wouldn’t you soar into the sky?

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