Looking back at nearly thirty years of stock trading experience, I feel I have always been quite dull.

Stocks that have made big profits from heavy positions are actually just catching the tail of the fish with hindsight.

In the recent decade,

For example, after COSCO Shipping Holdings rose ten times in the main rising wave,

Only entered at the low point of the adjustment, making more than doubled profits.

For example, after China Shenhua Energy rose one to two times in the main rising wave,

Only entered at the low point of the adjustment, making more than doubled profits.

For example, after Anhui Conch Cement rose one to two times in the main rising wave,

Only entered at the low point of the adjustment, making around double profits.

Especially after Gree Electric Appliances has risen dozens of times in the main rising wave,

Only entered at the low point of the adjustment, making around double profits.

I have never had the foresight and insight like Zhang Yao, Lu Dinggong, and retail investor B.

Entering heavily at the beginning or even before the turning point of the industry cycle,

Eating the whole fish from the head to the tail,

Even less like COSCO Shipping Holdings' old sailors with foresight and insight,

Entered heavily when COSCO Shipping Holdings was at H two or three Hong Kong dollars.

Such a huge bull market from 2014 to 2015,

Others are several times or even tens of times, while my full position in Shanghai Pudong Development Bank is only a mediocre one and a half times, and without state intervention, I might have incurred losses.

And the crazy super bull market from 2005 to 2007,

The Shanghai Composite Index rose more than six times from 998 to 6124, making twenty times profits is quite normal,

Of course, I have to thank my ignorance and fearlessness in investment at that time,

Only dare to hold shares continuously, if it is the current understanding,

I would definitely be scared to escape at 3000 points, and I would definitely earn less than half.

I also have to thank my poverty at that time, coming from a mountain village, having never seen big money and how easy it was to make money,

So after more than twenty times, I will be afraid and timely stop.

And not striving for progress, feeling that I have already achieved financial freedom and don't need to work anymore, it's unnecessary to continue trading stocks and take risks,

Therefore, during the decline from 6124 to 1664, I did not re-enter the stock market above 2000,

Only started buying the dip when it fell below 2000, and then doubled again in 2009.

It can be seen that unless you want to be like Zhang Yao, Lu Dinggong, and retail investor B who manage my finances like a stock god,

Making money from stock trading to support a family doesn't require too much cleverness; understanding some investment basics and not being too greedy doesn't seem too difficult.

On the contrary, being too clever can lead to losses, being too smart can backfire,

Today, I calculated an account; if the current net value were all COSCO Shipping Holdings H, then the number of shares held is almost exactly the same as the beginning of this year,

You see, thinking I was clever for eight months of fussing around, it was all pointless fussing, simply a joke.

So one reason to admire small investors is that they are younger than me by two rounds and have more determination than me by two levels.