The stock market opens daily, and there are always bulls turning the market upside down, accurately buying at the bottom and escaping at high points, showcasing trading records that leave everyone in awe. In envy, you often ask yourself, why is it that I toil daily in stock trading, practicing various techniques, yet cannot secure consistent profits?
In fact, the answer has long been told to you by the late Mr. Jin Yong: When trading stocks, learn from Linghu Chong.
Discussing Stocks and Wealth
01
When the 'Lonely Traveler' Tian Boguang stepped onto the Huashan's Cliff of Reflection, Linghu Chong knew trouble was coming. His martial arts could not match Tian Boguang's swift blade, and his internal strength and swordsmanship were all inferior.
What to do? Even if you can't win, you must fight! In the midst of laughter, for the dignity of the righteous sect, Linghu Chong made his move with imposing manner.
The ideal is perfect, but reality is harsh! The consequence of charging ahead recklessly is being knocked down by Tian Boguang time and again. As the prominent disciple of the Huashan Sect, unable to withstand even thirty moves from the non-mainstream master Tian Boguang, this left Linghu Chong quite embarrassed.
At this point, doesn't this resemble your first foray into the stock market? Your vision and skills may not be good, but for the small ideal of making big money or improving the quality of life, and for the fairness of wealth redistribution in the stock market for all humanity, you plunge into the stock market without hesitation, rushing in blindly and trading chaotically. As a result, you are repeatedly taken down by your trading counterparts.
Lonely Traveler - Tian Boguang
02
After being taken down by Tian Boguang's swift blade a few times, Linghu Chong, whose internal strength was already inferior, began to take a technical route. Under the banner of reflecting on life after leaving the Cliff of Reflection, Linghu Chong began to learn the lost ultimate moves from the predecessors of the Five Mountains Sword Sect. The ultimate moves left by the predecessors were indeed good things, and few had seen them in the martial world. Linghu Chong learned a move from the Taishan Sword Technique in the east, a killing move from the Hengshan Sect in the west, and then when he came out to spar with Tian Boguang, he was completely defeated again.
At this moment, Linghu Chong resembles you, who has been in the stock market for some days. When you are always being cut down by your trading counterpart, you rise with ambition and begin to learn various candlestick techniques and analyze various data indicators, never missing the trading principles published by the great masters, diligently researching them.
When you think you have mastered the skills and confidently enter the stock market again, only to find that the stock trading techniques you learned with great effort are of no use, and you incur losses as expected. What to do? At this moment, you are completely devoid of confidence, feeling lost: Am I really suitable for stock trading?
Therefore, memorizing techniques is not enough for stock trading; specific situations need specific responses. The technical analysis methods you have learned must be applied flexibly: the same price points and K-line trends, once the environment changes, if you operate according to the original techniques you learned, you will definitely incur losses.
Linghu Chong
03
Just when Linghu Chong was playing tricks and refused to go down the mountain with Tian Boguang, the master of the Dugu Nine Swords, Feng Qingyang, appeared! Feng Qingyang guided Linghu Chong's first step, asking him to combine all the sword techniques he had learned into one. After some effort, Linghu Chong indeed made great progress in his swordsmanship and could exchange over a hundred moves with Tian Boguang. However, ultimately, he was still a bit lacking in skill and was ultimately defeated by the old Taoist Tian Boguang.
At this point, Linghu Chong was like you, who had been in the stock market for a long time: you began to learn how to make comprehensive judgments and analyses of stocks, combining point, line, and area, and started to try to make the most reasonable trading decisions. Should you buy or sell? Buy more or less? At what point to buy and at what point to sell? Should you allocate your position in tiers or go all in? Although you may not fully integrate everything, you have made significant progress, and you can earn small profits, but you still cannot earn consistently.
Feng Qingyang - Transmitting the Sword
04
Come, let's continue: Seeing that Linghu Chong was quite perceptive, Feng Qingyang began to teach him the ultimate skills of the Dugu Nine Swords. The core point of the Dugu Nine Swords is actually summed up in five words: No move defeats move! If you have no moves, your opponent cannot break your moves, and you are not harmed at all; a true master can control others without being controlled by them!
While learning swordsmanship from Feng Qingyang, Linghu Chong began to learn how to identify the flaws in his opponent's moves. In all martial arts techniques, as long as a move is made, there will be flaws to exploit; the difference is only in the number of flaws. No matter how fast the blade of the evil sect's top player Tian Boguang is, there will still be flaws. Once Tian Boguang makes a move, Linghu Chong can clearly identify the flaws.
Thus, after Linghu Chong comprehended such profound sword principles, he was overjoyed and finally defeated Tian Boguang, causing Tian Boguang to spit blood and admit defeat, leaving the mountain in disgrace.
Laughing Proudly in the Jianghu
05
At this point, you should have grasped the intention behind the article written by Piao Ge, right?
You must not trade frequently within the market every day; high trading commissions are one issue, but it will also make your mentality prone to fluctuations. You must step back, patiently observe, and think calmly from outside the market; if you do not enter the market and hold no stocks, you are without moves. Even if the trading counterpart wants to cut your leeks during a plunge, they have nothing to cut, and they cannot harm you at all.
And if your trading counterpart does not step down, in the next match, you will immediately see through their tactics and flaws. You can calmly respond, choose the right time to enter the market and hold stocks, and be ahead of others. With this approach, you will only make a profit without loss.
You must keep a few days each week where you do not trade, making it a hard rule. This way, your brain will have enough time to make comprehensive judgments and analyses. Once you find a stock you want to buy at a more reasonable price than before, take decisive action, and you will hit the target! A small suggestion: based on my observations over the years, the probability of stock index declines is relatively high every Thursday, so at least on Thursdays, you should refrain from trading.
Reduce your trading frequency, carefully observe the stock trends, avoid unnecessary mistakes, cooperate with unique operational rules, and use corresponding technical analysis methods to respond. If you persist like this, you will find that opportunities to make money are everywhere, and success in stock trading is just around the corner!
The harder you work, the luckier you get.
06
Moreover, looking at the various experiences of Linghu Chong in the martial world, there are profound implications for stock trading. For example:
One, when trading stocks, learn the essence of the sword; use intention, not form. Although Linghu Chong did not have many sword techniques from the Hengshan Sect, he deeply understood the Hengshan sword intent: dense and rigorous, good at defense. Therefore, even if the moves are different, the sword intent unfolds, and everyone says it is Hengshan swordsmanship. As long as you master the sword intent and trading skills, no matter how varied the martial arts techniques are, the essence remains unchanged. With so many stocks in the market, you can still analyze well, make accurate judgments, and continuously profit.
Two, when trading stocks, learn the essence of the Dugu Nine Swords. The essence of the Dugu Nine Swords teaches you to improve your ability to make comprehensive judgments and analyses. In the stock market, there are various traps; you must seriously summarize and distinguish them. The next time you encounter a trap, you can immediately avoid it.
Three, when trading stocks, learn from Linghu Chong's persistence: do not enter a demonic sect. No matter how good the position of the deputy leader of the Sun Moon Holy Cult is, it is ultimately constrained by others. Avoid stocks with poor fundamentals, no matter how good the trend is, do not touch them to avoid disasters, losses, and being controlled by others.
Four, when trading stocks, learn from Linghu Chong's ability to let go: do not enter Shaolin. No matter how respected the position of the close disciple of Master Fangzheng of Shaolin Temple is, it is still not what one desires. Stocks that do not conform to one's unique trading principles should not be touched, no matter how good they are.
📱 Seize the opportunity, sign up immediately, and work with an experienced strategy team to explore certain opportunities in the fluctuating market, responding calmly and rationally to the unpredictable cryptocurrency market.