Several common psychological misconceptions of investors

Investor Psychoanalysis? Investing in the market requires investors to have a good investment mentality, but in the market, we see that in reality, investors will probably experience the following negative psychological changes, the first is easy to feel regretful, if investors observe that the stock price is 10 yuan on the first day, but did not start in time, and then the stock price rose to 15 yuan, investors will regret not starting in time, or even regret; The second is to feel disappointed, when the investor buys ** at 10 yuan, and after a month **** reaches 11 yuan, the investor may begin to be disappointed that **** is not as good as he expected, and begin to complain that his desire to make a lot of money has failed; The third is to feel angry, if the investor buys ** at 10 yuan, and then clears the position at 11 yuan, and then ** rises to 15 yuan, the investor will start to complain about why he sold it so early, and then start to get angry, and even resent this **; The fourth is blind follow-up, when the ****, the investor thinks that the **** will be the best, can not be independent, objective and rational reference, blind follow-up, the result often ends in losing money. The above four types of psychological changes for investors are relatively common in the market.

Investors control the local method of the control of the control of the mentality:

1 Remember to follow the trend.

2 Quantities of grip skin, tailor-made, grasp moderately.

3. Observe the investment environment with a steady view.

Investment misunderstandings: 1. Bet all your money on a ** when you are in **, and you are desperate.

Some people are in the bottom and have a very bad mentality. When the **** reached the middle level, he was in a hurry, eager to make up for the position based on his impression, and bought the strongest stocks that rose instead of falling in the whole round of decline, trying to gamble. Who knows, as soon as I bought it, the **anti-leakage bullet died, and the ** diving that I bought was even worse, and the "whole basket of eggs" was all broken.

If you divide the position appropriately, buy 3-5**, and there is an opportunity to hedge the profit** and the loss**.

2. I just want to win big profits, but I can't look down on "small profits".

Many people always remember the glorious history of the index of 36% during the big bull market, and let the success of others be coveted, so as to apply the profit expectation of the ** market, box market, balanced market, cowhide market, and even the weak market, in the face of a profit of 10% in a day or two, in the face of the price limit, greed arises, and is unwilling to "win" or "take partially" the profit results. How do you know, this is just a "pulse"**, the next day it fell all the way, the opportunity was missed, from the book profit to the actual loss. In **, it is impossible for people who are not good at doing "small additions" on the capital card to do "big additions" on the capital cards.

I don't know if "small profits" turn into compound interest is the real "big profit".

3. Choose stocks with old concepts and old experience, and you can't understand the hot changes every year **Hot spots are different every year, all of which are closely related to the economic and financial situation of the year and the development trend of the times, such as 5G, chips, etc. in 2019, and now, I don't know how many stocks have fallen into Tansoheng, but many people still choose stocks according to the hot spots in 2019 and the first half of 2020, which is seriously out of reality, and resists consumption, new energy, large market capitalization leaders and other large levels, but loses money.

Anything is done wonderfully, the misunderstanding of the line is to chase the rise and kill the fall, chase it when it rises, and sell it when it falls, so it will be easy to lose.

There are always a lot of misunderstandings in people's thinking. At a time when A-shares are weakening, the author would like to talk about some investment mistakes that investors in the A** market often fall into in my opinion.

Money is safest in a bank. The ideal is beautiful, but the problem lies in the surplus of inflation. If the purchasing power of cash disappears at a rate of a few cents per year, and the interest paid by the bank is not enough to make up for it, how much purchasing power will the money in the bank be ten years from now?

In contrast, the basis of ** is assets, which normally expand with economic growth. One advance and one retreat, who is safer?

Shouldn't you put all your money in the **? It's best not to do this for non-professionals. ** is an old breed of short-term risk assets with extremely high risk, second only to derivatives such as ** and warrants in the risk ranking.

Although the assets and earnings of the corresponding companies have risen steadily in the medium and long term in terms of the market as a whole, the changes in valuations in the short term will be difficult for heavy traders to bear.

**Does not fall below net worth. If you look at Hong Kong stocks, Singapore**, and the United States**, you will be surprised to find a bunch of companies whose stock prices are only 50% or even 25% of their net worth, and the local brokers are constantly downgrading these bargains.

Chasing up and down is a bad habit and too dogmatic. A-shares are an immature market, and the immature market is characterized by strong trends. In a market with a strong trend, it is too dogmatic not to chase the rise and kill the fall, but to engage in pure value investment.

However, chasing up and down is a technical job, which is generally best carried out through quantitative procedures, and it is better not to do it for beginners, and it is safer to earn the part of the money that appreciates the value of assets.

A lot of things are the bookmaker's conspiracy. This issue is quite controversial. Before 2000, the A** market makers were rampant, but now that the total market value has reached tens of trillion yuan, how much influence do the bookmakers have?

In the author's opinion, many of the analytical methods based on the behavior of the dealer are actually quite similar to the alchemy of Europe in the past - it sounds quite reasonable, but it is not so effective to use.

The small amount of money in the handling fee is not important. In fact, the handling fee is very important. Assuming that two investors have insisted on investing for the past 10 years, changing hands an average of 10 times a year (about the average turnover rate of A-shares**), and each time the steady profit is about the average increase of the market in the past 10 years), one adopts a handling fee of 3/1000, and the other uses 8/10,000 (without considering stamp duty), then the first investor will make a total of 35% gains, and the second investor will make 68% - nearly twice as much as the first investor.

Investment plays an increasingly important role in people's modern economic life, rational investment can get an ideal return on investment, lay a good foundation for future consumption, but the investment in the real is not all rational, many investors often have irrational behavior in the process of investment, and these are the theory of psychology, nothing more than these three aspects, one is regret, the second is overconfidence, and the third is no prediction. <>

This is a big taboo that many investors will make, many people miss a wave of ** because of their own mistakes, at this time they will regret it in their hearts, why did they not seize this opportunity? In fact, it is mainly because investors are impatient, unable to take a long-term view, and only care about the ** of these two hours, so they will let themselves miss the opportunity. <>

Overconfidence is also a problem for many investors, sometimes investors look at the market is rising steadily, so they will be particularly confident in their interests, because they want the market to rise anyway, so they are ready to gamble with their chips, it is such overconfidence that will make many investors lose a lot, **of** is changing rapidly every day, we can't hesitate, but we can't be overconfident.

A lot of people's ideas are good, but execution.

But it's very poor, I obviously think this ** ticket is feasible, but I am afraid to fight, so I will cause myself to miss wave after wave of **. I think people with poor execution are not suitable for buying, because they will always be in a wait-and-see state, always thinking that ** will come, but in fact** is always losing. <>

Summary: The reason why investors have irrational behavior is because people are not rational all the time, people have Zen desires, which is human nature, and the lack of capital returns.

It is determined by the market, which is an objective law. When people's subjective thoughts do not conform to the laws of the market, the investment will lose money and they will be cut leeks.

Because the loss is more reasonable, and the mood is more impetuous, I hope to be able to return to the capital in time, so there will be irrational behavior. The heart is very impetuous, hoping to earn more profits, this kind of behavior is very blind, and it is a cautious guess without a plan.

This is because investors will have a fluke psychology or be more impulsive when they want to invest, so they will have irrational investment behavior, which is because investors want to "laugh and laugh for big" and are more greedy.

It may be because of too much rush, because of too many failures and the psychology of wanting to succeed too much, so there will be such irrational behavior.