The NBA all say that defense wins the championship, I think it's the same to play **, it's hard to make money, if you don't have a good defensive system, the good situation is that the profit is lost quickly, and the bad situation is that you are on the way back to the original and fall behind others. The reason is simple, the base when making money is small, and the base when losing money is large. For example, earning a limit is a*11。And after earning a limit, and then eating a down limit, is a*11*0.9=0.99a, some people will come up as soon as they come up is a full warehouse 090a, so defense is important.
Whether defense can also be called controlling the drawdown, and how to control the drawdown is an enduring topic, so let's talk about my thinking.
1. Two drawdown situations**.
1)**Drawdown, this situation is not serious or serious, it is also very serious, sometimes it will not be adjusted for no reason, I have observed in the past few years, the funds seem to be the same, **drawdown is the prelude to the drawdown, but some funds react in advance. At this time, pay attention to the recent hot tickets, there are more than 2-3 falling limits in the bidding, and it is possible that 3-5 days of adjustment is coming. There is also a strange situation of retracement, when it falls, it falls, and when it rises, it also falls, and it is basically falling. The normal ticket is**fall, no problem with the fall, **up and up. I don't think it's okay to make up for the increase after a period of time.
2)**Retracement, this is still relatively good-looking, when the weighted stocks are collectively green one day, and the amplitude is relatively large, or a more influential large ticket falls by more than 5% one day for no reason, often a green is several days, at this time**It is estimated that it will be adjusted.
My coping ideas: The recent hot ticket bidding time has a large area of the limit, which is the time to fight for speed, especially **, the original play is a hot ticket, and it is best to bid to sell at the price limit, so as to avoid hesitating for a long time without making up your mind.
Defensive idea 1: When it's bad. The best defense is an empty position. Medium and long line, inverted t. **When it's not good, switch strong stocks, can you avoid it? My experience is that once in a while I can, most of the time I can't. Many times the trend is often deceptive, and it may be strong for a short period of time, and then it will still make up for the decline.
Some ideas for inverting T: sell when there is a sharp drop in the morning, buy it back in the afternoon, or sell it at a bid in the morning and buy it back at the end of the day, or prevent it from opening low and buy it back at a low price the next day. After all, there are still a lot of low openings. Or the next day after a big fall, it is often opened lower. Don't be discouraged if you can't buy at the lowest point, or if you can't sell at the highest point. A t of 2-3 points is already very successful, more points are certainly the best, but it is also easy to fly off. The requirements are not high, and if you succeed about 5 times a year, the cost line will be much lower than that of others who keep moving, and the psychological advantage will come out. What I want to say here is, don't be afraid to sell off, it will be difficult to rise for a while and a half. When it's not good, it's right to sell at any time, and the speed is very fast, sometimes hesitate, you lose a lot, and the more, the more you don't want to sell, my approach is to bid out to avoid hesitation.
Defensive idea 2: Keep reserve funds. I think that there are tasks for each part of the funds, the use of funds must be planned, and some funds are used for trial and error (bottom warehouse or pioneer), which really brings profits, and 5 percent of the funds is enough. The charm of capital lies in liquidity and compound interest, sometimes you are not troubled by the bottom position? Or is there no money to cover the position when the bottom appears?
Everyone understands this truth, the main thing is the problem of control, sometimes I can't control it, I buy it all at once, and then there are changes and dry staring, anyway, I have encountered it many times. After all, they all want to make more, and I want to say that the cross position ** is often more painful.
Leaving funds is to deal with uncertainty, used in more certain opportunities, no one dares to say that a shot is right, the market slap in the face sometimes hurts, it can also be said that the previous funds are the cost of trial and error. It is to use the remaining funds to t, the rhythm of t is very important, when t? **Strong day T grasp is greater, T is most afraid of not coming out on the same day, this is very bad, this needs a little sense of disk, and the same as inverted T. Don't slap your thighs when you fly, it's always not yours if it's not yours.
There is also the need to be cautious in making up the position, not to make up the position as soon as it is **, to avoid speculation in the middle of the mountain, or it is safer to come out on the same day.
Defensive idea three: split positions. 2-5 pcs, preferably more than 2, to avoid black swans. Long**matching,**small plate matching. There are really a lot of uncertainties in the future, so many delistings, no one could have imagined that they would be delisted at first, anyway, I have encountered them, and I have also encountered them around me, don't feel very far away. In fact, there is still a little bit of a rule, that is, at the beginning of January every year, the pre-increase and pre-decrease, 4Before and after 30 annual reports to be vigilant, or short positions, at this time to wear a hat will have action.
The advantage of splitting positions is that no matter how bad ** is, there are also anti-falling tickets and rising tickets. Fishing for an average is also a good option.
Defensive idea 4: When making money, whether to calm down or not, is often the turning point. **When the positive income of the month reaches the plan, is it possible to take a short position appropriately?
Defensive idea five: Use idle money, idle money, idle money, and say important things three times!
Final summary: Climbing the pit is painful, is it a good way to make the pit smaller and compound interest more stable? Going around in a circle, is it back to the truth that everyone understands: be patient, wait, and don't be greedy.
Thank**! It's purely a personal experience sharing, and it's a bit messy to write.
The growth of Xiaobai's financial management