Road Thunder --- general demeanor (to)

 Road Thunder --- general demeanor (to) (2010-02-20 22:06:18)
Category: Stock characters
investment seminar in the National People's Congress opening ceremony of ten minutes to hear the way Ray talks , reached a personal feeling, Lu Lei --- general demeanor.
Road Thunder few days ago that few people know the name of 28 .11, the first held in Beijing, from 20 million players come to the fore, to 204% of the total return of people in one fell swoop titles and captured the Longjiang Road, Ray, a legendary figure in China's stock market. lasted 6 months in the game, road mine all the way through the clutter with 200, 100, 50, 10 strong, the finals competition process, the achievements of the Chinese stock market is a myth.
It is understood that CCTV News Channel securities, financial sites, securities, together with China Netcom Broadband Online Star co-host. dished out 15 million heavily in the financial sponsor, Ray and the initiative of the contest prize money will be donated to the Small investors viewed securities called repeatedly recommended standards, so his notes are greatly appreciated; stocks this year, a private master competition, so that Xia, br> in front of reporters, with his right. Maybe this is the hard temper, cultivate a strong will and without his dogged spirit, so he stumbled into the field have achieved good results. in calligraphy He is known as learning. He heard a friend's recommendation, will be a loss into the walls of the stock market.
, believe they can beat most people, but soon you will find yourself missing too many things, under normal circumstances, ten people lost seven is indeed the truth of two Ping-making. At that time, be able to buy all the securities all read books again, to see a good book is often read at a stretch every day in addition to the normal opening time of the disk, he also judged at the stock of concern, drawing K line, read information.
he recalls, In other parties, play time, I'd put myself in the house, taking advantage of the stock market closed for the time and his own experiences during this time full consolidation, record, over time, and gradually formed its own investment philosophy and investment philosophy. doubled in the year and a half 10 times, the end of 1998 he bought a Shanghai Maling, more than five approach, 14,15 in early 2000 to sell the block; Spring Festival, he bought in Zhongguancun, a week rose six consecutive daily limit, to the sixth sold his profit. to withdraw in 2001, he amount of money into changing from a more than 80 million.
If the first round of the bull market is able to earn money with your eyes closed , profit is not difficult; it from the more than three years. the stock market was already experienced Internet stocks, e-commerce stocks and other peak times, There are three daily limit on the number in 1999, actually had a limit of 6. plus some other factors, the stock market can go, I think. I should also quit. business.
3 and a half years and then turned into the market more than 100 times
in business for three years, the road mine on the stock market is still obsessed .2004, the way mine feels that the market will want to start, so once again thrust backwards.
reporter Scroll Road Thunder from 2004 to 2007 accounts Jiaoge Dan found that in 2004 years ago during which he basically Kuaijinkuaichu the short-term operation, since 2005, due to its sure this is a golden bull market, they reduce the the operating frequency of heavy attack. only operating the st Hua Tao (Jinling Mining, Borui spread Huafeng Spandex, Xin Fu medicine, and other a few stocks.
changes in investment and gives him the concept of The new leap forward. From May 2004 to May 2007 just 3 years, road mines that account for tens of thousands of value-added from 20 to 23 million, earned 100 times.
let him remember that in 2006 December, Lu Lei study found that the textile industry as the industry generally, and its sub-sectors spandex synthetic fiber manufacturing industry prices there are rising fast, and spandex is the domestic leading enterprises Huafeng Spandex.
was Huafeng Spandex Only 13 per share price more than product prices, according to the rally was spandex, the road performance of mine that Huafeng Spandex 4 from Mao in 2006 soared to about 2 yuan per share in 2007, 2007, at 60 yuan valuation Therefore, the share price at 13 yuan is significantly undervalued and on January 4 .2007 way mine started a large scale in the vicinity of 13 yuan to buy Huafeng Spandex, and held all the way.
and from that time on, the road started mine synchronization survey of listed companies, up to the time 8 Tianfei 8 times, all over the country to open meetings of shareholders, over the companies, including research Huafeng Spandex, Vosges, Rebecca, JAC, Zhangzidao and so on. These were He later judged an important prerequisite for the enterprise.
You Xiaoping chairman Huafeng Spandex his long talk in depth, later the company's shareholder meeting, You Xiaoping said: Why not ask the investors in Zhejiang buy my stock, I just ask why the northeast to the road Lei buy my stock. Long led the team. .
strengths being asked investment
investment and road mines and philosophy change, he said, it? but often the most simple and obvious thing is the most complex. Block this morning, the broader market fell and the stock before the broader market stabilized, he was let go to buy. only 36 stocks pulled up, he shipped 35, and also met with the high point of a total of 3 days. His He even took some friends than low cost, but was not timely delivery, not as his last earnings.
an important indicator, this is the calculation of the cost of a stock, that the chips on the general software distribution. everyone to see, but few can decipher. the market very few people on the cost study. But as long as the index was out, I know when to enter, when to sell. Where the cost? accumulation when they? When the Stock? The cost is variable.
2001 retired from the stock market before, . the importance of research. The company doing business? in the shares of the sea, if you do not understand a company can not accurately know the true intrinsic value of the company can buy its stock? long-term holding up? the stock market re-entry to begin studying a large number of foreign masters work, carefully studied, as Graham, Buffett, Peter. Lynch, Fischer and other masters of the books, investment philosophy has undergone enormous changes. br> He became the technology-investment advocates value investing .2004 began, the road of mine friends repeatedly say: From now on, whether in the long-term investment but also in the short-term operation, should the company's intrinsic value as a stock selection the primary criterion.
value is based on re-investment philosophy, the second half of 2005, Ray successfully tap into Sany Road. at Sany Heavy Industry Machinery Industry leading companies more than the price of 6 yuan, Lu found that the entire mine 2006,2007 machinery industry will face unprecedented development opportunities, the industry's golden period of arrival, as the leading enterprise in concrete machinery Sany Heavy Industry, the next 3 years is expected to maintain rapid growth of 100%, the price of 6 yuan is significantly undervalued, Thunder Road midline decisive intervention, only a year rose 8 times to Sany.
he concluded, in the medium and long term value of the investment process, the first value of top-down mining companies, the company's industry the next 3 years No high growth do not buy, the company is not the industry or sub-industry leaders are not buying the company's future growth rate of 3 less than 30% compound annual growth rate of the do not buy. Second, the value of bottom-up mining companies, the company's industry can be general, companies do not is the industry leader, but the company must have a line of epitaxial growth, such as the asset injection, industrial restructuring and other merger make the company significantly improve performance of the next 3 years.
games with the philosophy
Road Thunder ; hard 89 got into the next round. out of 100 in the second round again. From July 2 to July 30, and then decided at 50, and the game into the semi-final stage. and then no longer is an analog set, but firm action, each has 10 million accounts.
. two days, he immediately stops, for the Jiangsu Sunshine, the result has dropped only 1.87%. The selling one to buy, the road went to Ray's ranking has more than 30, while more than -15% rate of return will be automatically out.
, and the benefits must be more than I. So I was feeling very depressed. out of the game does not mean your work is bad, not too much focus on competition results, can enter the objective has been reached 50. I do not and no one ratio, and their usual level for more than. From this day until the end of August, he obstinately to their own funds from this account negative, into a net profit of more than 40%, while in the semi-final second of the results achieved.
finals (10 finals) , the way mine has been stable operating earnings first. During his stay with 2 / 3 of the funds to buy the ST Hui Tong, and only buy a daily limit. available September 11, he has to catch up with the broader market adjustments, and he that part of the financial losses of 5%, then fell to the No. 5 ranking. But with the last experience, he quickly adjusted, with part of the funds to buy the road and bridge construction, Air China, Tong Ren Tang and other stock, to the end of the game Oct. 31 He made the final yield of 24%, 204% yield full results and won the stock, usually may not yet buying up several days later it does not matter; but the game can not wait, can not let it fall down any time you can make an early exit. participate in the competition not only of their own strategy and tactics, but also of the opponent's situation. Select the stock, timing, mode of operation and position so important factors that must be comprehensive, including four determinants, namely, knowledge, discipline, attitude and luck.
He also summed up, the stock investment we must pay attention to composition, and composition must be The main force.
end of the interview, the way Ray took out a . He explained that the success of self-improvement philosophy. which describes several situations dragon, and the stock of the law is also similar. The first is useless Qianlong, this time to buy stocks can not rise; then is the dragon, which is the first wave of stock, but this wave is not large; followed by Ti Lung, this is the wave of the stock U-turn, the main dish at the discretion of the trial. and then when it is Yuelong, and the waves higher than the first once. But this is not the highest realm of the highest prime-time soaps. this time the main force has been pulled out, then coming Kanglongyouhui the. stock will down. He is a subject under study is how investment must be peace of mind, greed and fear are taboo for the stock market, and fast, . My do middle operation. strict control risk, steady value.
ignore index, stop the restless, fluctuating heart. unswervingly to costs as the core to grow as the basic point of the texture, (be patient to find their own familiar territory) to long-term holding as the basic point.
have their own ideas and principles, the principles according to their own plans and operations.
do not always walk in the market. To get in, come out, this can be can be put, is the real man. to Zhang, as strategist, winning thousands of miles. Buffett and George Soros are not the people living in the disk.
to continue with successful executives. constantly improve themselves. Choose a good instructors to improve training philosophy.
good growth options, familiar to manipulate the stock, off the cost, hides its direction to head to tail, correct attitude, only peace of mind. by accumulation, by the character, credibility , winning wealth, rather than by a moment of luck, according to a small smart, by gossip and speculation to win.
Road Thunder: Millia folk master
11 月 30 日 see the way Ray, he just returned from Beijing accept the award back, the phone kept ringing to congratulate the phone and text messages constantly.
Road, Ray did not win after the excitement, 34 years old, he shares the sea, sea, ups and downs of business more than ten years, more calm than their peers and the inanimate. as a professional investors, he is also millions of small investors in China, a member of. Road, Ray said, strong participation in the last 10 finals, his was able to stand out, come out on top, and ultimately dependent on technology stocks is not superb, and more to rely on a balance of mind and compliance with their own stock . But in August of real disk operation, I began to have a winning idea. into the top 50 players only four or five people in Heilongjiang, Beijing, Shanghai, Guangzhou, mostly athletes, if such a scale in the contest reached the top 10, not But for myself, but also for investors gain face northeast. I set aside a day to day affairs of the stock clearing firm account .8 1, I shut myself in the a hotel room, must be determined in this clever game to win. operation is very different. And three days before the actual disk operation on August 1 to 3, for the way mine is bitterly painful. the Garbo industry, but that day the broader market slump, many players hold out all short positions. I lost .8 day 2, I sold into Jiangsu Sunshine Co., Garbo, who knows this day the broader market rally, Garbo Industrial limit. just entered the firm operations, then it is the most critical moment, and my first shot on the problem. On the third day, the market rebounded a collective, most stocks are up, but I have received in the hands of Jiangsu Sunshine Green .8 3 closing, my score is -8% rate of return in the 50 players ranked 48. according to the contest, as long as losses to 15%, he incurs eliminated, I leave out only a thin step, again a mistake, it will be eliminated. After a nap on the road three days before his careful analysis of mine action: Garbo Industrial elections wrong? limit the next day to prove no wrong. himself lost in the choice of no confidence on their own. he decided, To believe in yourself! the fourth day, August 4, the market has dropped, but his hands -2% -8% into, out of the danger of being eliminated. After the operation all the way to smooth, one hundred percent accuracy, the final yield of 43% to 10 strong and steady advance. 100 million of funds in the final start, the road mine mentality in the game is more robust. to the Sept. 10 closing, his rate of return is 4%, so far has been not out of the top three. But the Sept. 11, the market fell 200 multi-point, a wrong way to adjust mine, so he proceeds to look into a rate of from 4% -4%. lose money. Second, my goal is to enter the top 10 entries, I have reached the expected goal, then later in the game I was no pressure, and after the crash when the adjustment is easier than the semi-final. I feel the players between Competition in the technology stocks have not entered the top 10 each person has their own unique skills stocks l r, is the mentality that we fight is tactical, comprehensive quality. , fear, joy and emotional loss carried out alternately, for 34 years old, he is undoubtedly a clever game of life's most challenging, but also to benefit from him.
grassroots heroes of the civilian intelligence < br> 1974 years, the way Ray was born in Mudanjiang City, In 1995, he was unwilling to dull the young life, chose to start his own way. He entered the Chinese stock market, until 2001, after several ups and downs, he withdrew from the stock market, started in Harbin, Beijing and other places start, run software companies, agents of food, accumulated their own After the bitter bite his love of learning economics books, in his eyes, red and green numbers, ups and downs of the curve, has an associated, meaningful and fun. whether in the office or official to carry package, will have his needs 20 million, to May 4, 2006, this account has already been 23 million, which is an explosive performance, two years more than 100 times earnings.
Road, Ray said, the stock market a comprehensive integration of a person wisdom, with personal experience, quality, and psychological relationship between both. Everybody can not know that this is going to lose or win, and must have a good mentality. Ray show to reporters at the road's stock on the bill, there are dozens of ticker symbols These are his carefully selected companies. In order to investigate the performance of Huafeng Spandex, who had flown to the enterprise 8 inspections, demonstrations, and eventually he chose the largest holding, the investment of funds so that he had swelling of breakthrough, accounts reached 22.81 million yuan. It is these links very carefully, so he had his own a private effort, along the way, mine has its own way unique insight on the stock. on calligraphy, martial arts, I Ching has stumbled, he is constantly absorbing the essence of ancient Chinese culture, he believes one reason: to total return. So when he faced a major choice in the stock market, he will get some inspiration from other areas, because he believed that all things interlinked reasons.
stock This hope that their experiences can help shareholders friends. First of all, investing in stocks depends on technology, not a good investment ideas and technology, do not learn basic skills, do not make progress, never Cheng Kung University. on corporate fundamentals and technical analysis is the basic requirement for shareholders, the modern stock market, 无知者无畏 situation no longer exists. followed by the discipline of any industry has its own definite rules about the world, the rules of the stock market more difficult to master, like stop, the principle of buying and selling, stock selection discipline, the bottom of the top of the operating principles, but many people are aware of difficulty in enforcement. his success largely due to their ironclad discipline. and then there is the mentality, which is decided to investors the stock can become , life, world outlook, and so, so very important. intraday high of living are concerned about their risk, at the end bit is thinking of its history, the opportunity for investors to have the atmosphere degrees. In addition, the success of good luck is a factor. able to grasp the first three of the people, already in the stock market aspect, you can enjoy the pleasure it gives life, but sometimes also need some luck. He summed up his own unique offerings Heart, options, long-term investment, referred to here medium-long term for 3-5 months, because an enterprise is published quarterly intervals in 4 months, the growth performance of enterprises is also determined during this time, so choose some good companies to invest in is the rational investors investment.
investment in the first championship experience
Road Thunder Road Thunder: Leaders, Ladies and Gentlemen, good afternoon, first came on to the stage I have a regret that I have to participate in this session of the contest just fine. because This session of the contest is banks and financial predators mm heavy traffic mm Guoxin Securities brokerage, and financial site the best combination event, but I did not attend again, I call me for more friends to participate, but also hope that my In this competition students were able to achieve good results.
have come, organizers hope that I talk about, which I compete in the first contest of the feelings. say the truth, led me to the reason is because the financial sector competition The first non-governmental experts sponsored contest, which is the largest one in history can come to the final match of funds firm millions, so attracted me. Before, I was already 97 years into the stock market and hope that through time event test yourself in all aspects of the theory and practice of how the operational capacity in the end. At that time I remember, when the first round of preliminaries we are more than a dozen people leaving only a hundred people, I came in 89 and poor in 11 to fallen off. If it is outside of hundred words, and today I had no chance with the ladies and gentlemen, leaders standing here, so competition is very cruel. and we used a three-time three principles, is 1 / 3 positions, is a stock does not exceed 1 / 3 of the position, to full warehouse to buy four shares, and take on 3 days later, as organizers fear some price manipulation. The first round I get away with the first three months in the 50 when I enter is relatively easy, because the three three principles, find good stocks to OK the.
most intense, I entered the Top 50, that is, when the semi-finals, semi-finals place my state of mind a change, think about which country a total of 50 people in 30 provinces, the average share is not a province but also the two places, I'm from Heilongjiang, Heilongjiang there were two players selected. I think if we can access in Heilongjiang One of them came in the top ten can, whether it is him or me. this time a change in mentality, God told me a joke, I remember that on August 1, the operation on the day the stock market plunge in the afternoon. Only a few people who did not buy the stock the top row, first place was that a few per cent earnings, and my stocks in Shanghai Jiabao Industry & loss of 7%, because the sharp decline of 100 points that day a large grind. The when I wanted, and a further 8% I was out the next morning the broader market Dikaigaozou, playing the stock up two points, I sold it. this time I have a loss of 5%, the results That day I pulled the stock to daily limit. if I sleep or I'm traveling on the plane, I was profitable out the next day. This state of mind for me when the very big changes took place, gave me a very heavy blow. The next day I bought a stock, called the Jiangsu Sunshine, stocks have risen more than 90%, except my stock is green. the broader market rose more than 80 points that day, my stock is green. Then I I thought, no, that way Ray, you are not right, you went into the top 50, and your own ability and level have been tested, this time a little utilitarian, is not want to pursue first, want to go to the top 10. I attitude adjustment at the time, I said, mine you are with your road game, not in competition with others. I mean, in a negative 9%, the use of a month's time, 49% I win the semi-finals and the final two in advance trading days to end the game, preparing for the championship.
to the finals when we have a 9 month and October, when I predict that there is a risk of the market index. So, when I was in the final strategy the right choice, I choose to clearing ahead. because the semi-finals just to blow up. So when my mind is very good final, final 24% of my final score is won, but the 17% return is my 1 / 3 positions obtained. because of the general trend is not good, I remember when we had the final out of 5 people, only 3 people is profitable.
above are my real race events and feelings can be very cruel game. However, this term well, there are more investors to participate in the hope that the emergence of more expert, I hope the third master of China's stock market competition was a complete success Folk.
organizers only to let me talk about feelings, but also want me to talk about my investment experience. In fact this time, tell about investment experience, 12 years, I have a few words which I have invested some practical experience and some experience.
concluded to sum up to the stock market and other business, politics and all of the industry, no different from everything for a reason. in order to achieve good results, have to have some unique offerings not hidden weapon. I learned the most important point is that both the small and medium investors or institutions, funds, including Buffett, Soros these masters, must have its own investment system. I emphasize their own investment system, not just parroting. Buffett's philosophy is not necessarily suitable for you, not necessarily suit China. a lot of fund managers philosophy and investment approach will not work for you, so that each person must be based on their history and their own practical real situation to develop in line with their investment philosophy, investment system. because I was originally written in this book on I hope can only put so, I talk about random.
investment in my system, there is a very important point I think it is , the eighth wonder of the world is compound interest, compound interest is that the charm of 10,000 annual increase of 30%, 30 years is 26.19 million. in this world if you get 10,000, if you do a 35% compounded annually, your investment after 30 years is a miracle .08 years, 09 years, my investment idea, and I do not pursue three years of 100 times, I do not pursue each stock to double, me more is that the pursuit of a quarter, I can not make 30%, or can I make 10% a month. For, we have 12 years of investment experience, and if they want to have 10% of monthly income, as long as you can we resist is achieved. increments each month 10% down is 2.12 times a year, far more than Buffett, you're the best in the world of investment guru. If 30% of each quarter, one year is 1.8 times. get 100,000, for example, 7 and a half years is 200 million 61.9 million, so this number is staggering. we must first do engage in investment is