No financial knowledge of how to survive in the stock market

Nicholas • Dawa Si is a rather legendary figure. He likes to do spelling games, playing table tennis, investment in the stock market before his career was jump the world's highest paid Jiaoji Wu, and the annual dance partner in the global tour.



   He used to dance earned 3,000 U.S. dollars started the first investment in shares, 18 months after a period of 2 million U.S. dollars net profit. He was in the stock market has huge profits, "Time" magazine on him to do a special report. He wrote "How can I earn in the stock market has 2 million," a book published on a warm welcome by the readers, in a short span of eight weeks, sales of over 200,000. The impact of this book too, so the American Stock Exchange to amend the relevant rules of the stop-loss sell orders.



   His other book, "I live in the stock market down" by readers of the same praise, but it was a joint financial newspapers and magazines blocked, because this book exposes the brokers and dealers to insider information, makes it no longer Financial confidence in internal communication, and these were just the financial media is the biggest advertisers.



   Author to retail investors on the status of an ordinary investors experienced ups and downs of the stock speculation. Although he is where 20 years ago, the U.S. capital market, but some unique investment skills and concepts are still to be learned from.



   Author of investment experience can be summarized as: emotional stock, rational operation, breakthrough buying, stop-loss protection. He believes that the information in an inferior position of the ordinary investors can not predict the future, nor do I know the stock, where the top and bottom. Under this premise, only through careful observation of the movement of shares of stock can be a feeling. In fact, feeling that can be cultured, this culture is through a stock to achieve the long-term observations. And, even if did not feel wrong, can first exploratory buying, and then of gifted and eliminating the inferior, so as to ensure that earn less pay. The author preferred stock speculation box, that can not be timely in order to eliminate the risks of trading, the price should be used to pay for stop-loss sell orders and such automated trading tools.



   In the book, Nicholas • Dawa Si no fewer than 10 times and wrote the phrase: "There is no reason to sell a stock is rising." Nicholas • Dawa Si seems to be that, if a stock is still rising, not sold It out. Even if this stock has climbed very high high. Nicholas • Dawa Si popular language to convey a message: Do not try to predict the top of a stock.



    Of course, this does not mean that Nicholas • Da Wasi not sell the stock. In Nicholas • Dawa Si view, a stock that even a rising stock, one day Zhuantou down to the stop-loss price, they should not hesitate to sell.



   Nicholas • Dawa Si Wall Street will compare a scale far greater than the Las Vegas casino, large and small exchanges equivalent to a home casino. He stressed that there is a risk of the stock market, many people have invested their life savings into the market has not shown the slightest compassion will be swallowed up by its full. The author that have the ability to bear the losses should their operations, commissioned by the investment required to pay because of the high commission.



   "My approach is clearly not applicable to everyone, but it is very suitable for me." This is Nicholas • Dawa Si Zixu in the book in the last sentence. It is clear that this sentence should be a market for capital investors interested in bear in mind.