Stock Market Mastery Complete Volume 4 (Volume 4)

Author: Li Hang
Publisher:
Publishing Date: 2003-08-01
Features: Two years ago, the Xinmin Evening News published a story: "The Stock Market Practice Manual sold the most nationwide in 2001." At first, we thought we had made a mistake, thinking to ourselves: "There are thousands of stock books published and distributed nationwide each year, many of them prestigious and well-known. How could our Stock Market Practice Manual, which just entered the securities book market, take the top spot?" However, later, when we saw the "Top 30 Best-Selling Securities Books in China in 2001" published in China Book Merchant News, which ranked the second volume of the Stock Market Practice Manual second and the first volume third, we believed it. The entire writing team was genuinely happy that the Stock Market Practice Manual had stood out among all securities books nationwide. So, how much help does this book provide to investors? We self-evaluate the Stock Market Practice Manual as having little empty talk, being easy to understand, quite practical, and deserving a score of 75. But we never imagined that some readers' love for the Stock Market Practice Manual far exceeded ours, to the point of being obsessed with it. Among the thousands of letters we received from readers, most praised the Stock Market Practice Manual without reservation, using phrases like "hard to put down," "too late to meet," "greatly benefited," "like a sweet rain after a long drought," and "a good teacher and friend." For example: A reader from Hunan wrote: "The Stock Market Practice Manual has an innovative layout, rich content, strong operability, and is truly a 'treasure' for investors." A reader from Chongqing wrote: "Facing the endless stream of stock books with varying content in bookstores and newsstands, it's hard to choose. Since the Stock Market Practice Manual came out, it has ended my confusion and doubts." A reader from Beijing wrote: "I have nearly 100 stock books, but I believe the Stock Market Practice Manual is a rare high-quality and excellent book in China so far. It's the best stock book I've ever seen, but unfortunately, it came too late." A reader from Fujian wrote: "I thoroughly read the Stock Market Practice Manual and benefited greatly. My previous experience of losing money every time I bought stocks has been completely reversed. Now, I win every time, and every trade is based on confidence and reasoning, no longer blindly following my instincts." A reader from Shandong wrote: "By chance, I bought the first and second volumes of the Stock Market Practice Manual and read them over and over again, still unable to put them down. I have recommended this book to many fellow investors, and everyone agrees that it is indeed very well-written and greatly helpful to investors. The success rate of combining the knowledge I learned from the book with practice has been over 80%." A reader from Hubei wrote: "I believe the greatest feature of the Stock Market Practice Manual is its originality—it uses a one-lesson-one-exercise, testing, and other methods to provide comprehensive training for investors, which other stock books have not yet adopted." A reader from Gansu wrote: "To be able to buy the Stock Market Practice Manual, I consider myself lucky. After reading it, I was deeply captivated by its content. I regard this book as a treasure and don't even dare to show it to friends for fear of them borrowing, damaging, or losing it." A reader from Shanghai wrote: "The Stock Market Practice Manual is an invaluable book. It's like a lighthouse in the stock market sea. After reading it, I benefited greatly. Its value is far more than 30, 300, or even 3,000 yuan." A reader from Hengyang, Hunan wrote: "The Stock Market Practice Manual has benefited me greatly. I regret that it came out too late. After reading it, I was deeply moved. I was almost drowning in the stock market, but now I have found a guiding light." A reader from Guangzhou wrote: "The philosophy of this book is excellent, and all praise is justified. I only hope the other volumes will be published soon." A reader from Sichuan wrote: "Looking through the sea of books, there are countless stock books, making it hard to decide which one is best. For new and experienced investors, the Stock Market Practice Manual is a guide to the right path of stock trading. With rich content, simple explanations, and systematic exercises, it has won the favor of many investors. It's like a mother leading a child to take its first steps; like a lighthouse in the dark, guiding a returning ship; like a teacher who patiently instructs, leading students into the vast ocean of knowledge and teaching them to grow and reach the shore." The high praise readers have given the Stock Market Practice Manual was completely unexpected. But with great fame comes great responsibility. We know in our hearts that the Stock Market Practice Manual is not as good as readers have described—it still has its flaws. The readers' affection has greatly encouraged us but also put us under invisible pressure, urging us to keep striving forward. Over a year ago, many readers called or wrote to ask when the fourth volume of the Stock Market Practice Manual would be published, and some even eagerly wanted to transfer money. The trust readers have placed in us moved both the publisher and the writing team deeply. How could we not want the fourth volume of the Stock Market Practice Manual to meet readers sooner? But precisely because of the readers' fervent anticipation, we hesitated to deliver. The entire writing team set a goal: the fourth volume of the Stock Market Practice Manual must be better than the previous ones, must satisfy readers even more, and must deliver the benefits readers expect. Otherwise, we would be letting down the hundreds of thousands of readers who support and care about us. The goal is set, but achieving it is no easy task. This is why we saw such phenomena: after drafting the outline, it was reviewed and revised by experts; after writing the first draft, it was discussed with relevant individuals, found to be lacking in refinement and precision, and then heavily revised; after the second and third drafts were completed, the writing team debated over the content of certain chapters and sections repeatedly, revising it over and over until everyone felt the issues were fully addressed. To write the over 100 special reminders for the fourth volume of the Stock Market Practice Manual, we spent more than two years. The guiding principles for writing the fourth volume of the Stock Market Practice Manual are as follows: First, conduct a comprehensive summary of the previous three volumes of the Stock Market Practice Manual, including the Stock Market Practice Manual Exercise Collection, but this summary must highlight key points and be presented on a higher level, avoiding the feeling of recycling old material for readers. Second, introduce some stock trading experiences, lessons from failures, and some patterns that truly exist in the stock market through case studies, making them vivid and memorable for readers. Third, provide a comprehensive, multi-level, and multi-angle reminder for investors regarding easily overlooked and frequently mistaken issues in stock trading, starting from investment philosophy to specific operation methods. It can be said that the content and writing format of this book are designed based on the above guidelines. The book is divided into ten chapters, with a total of 121 special reminders. Each chapter discusses a specific topic, such as special reminders on stock investment philosophy, special reminders on identifying bottoms and buying at low prices, special reminders on identifying tops and escaping high prices, special reminders on stock selection, and so on. Each chapter also includes several special reminder columns. The reminders are both independent and interconnected in content. Some reminders with multiple meanings can be placed in either chapter A or chapter B, but we arranged them in the chapter with less content to maintain a rough balance in the length of each chapter. Careful readers will notice that this book adopts a new writing format, abandoning the previous question-and-answer style (where a question is posed for readers to think about, and then the answer introduces stock trading knowledge and key points) in favor of "special reminders." Why this change? The reason is simple: the fourth volume of the Stock Market Practice Manual is different from the previous ones. The earlier volumes focused on introducing stock trading knowledge, using a question-and-answer format to reinforce readers' understanding through learning and practice. The fourth volume, however, has the task of providing a comprehensive summary. Just like a good coach reviewing a game after it ends, the summary must address the core issues, be concise, and highlight the key points. Only in this way can it inspire the athletes' morale, keep them humble in victory and resilient in defeat, and prepare them for future success. Considering this, we adopted the "special reminders" format. The specific writing process is as follows: First, we briefly introduce the reminder content and provide clear hints about our sample survey statistics on this issue, the expert's risk assessment, and the target audience for this reminder (this is very important, and investors must pay attention). Then, we analyze the content of each special reminder in detail, using case studies, and offer concise and targeted operational suggestions. Among the 100+ special reminders in this book, some remind investors from a macro perspective (e.g., investment philosophy, investment strategy), while others remind them from a micro perspective (e.g., stock trading tactics, operational details). Some reminders are for conservative investors, while others are for aggressive investors. Therefore, when reading this book, readers should pay attention to the differences in content between each reminder, especially the target audience for each reminder. Please do not mix these up, otherwise, it may negatively impact your investment behavior. Additionally, when using the methods in this book to find buy/sell points, select stocks, or analyze market trends, readers should consider multiple layers as much as possible. That is, solving a problem with just one reminder may not be enough. Using several reminders for analysis and cross-verification can greatly improve accuracy. Although all the reminders in this book have been carefully selected and reviewed, errors and shortcomings are still inevitable. This is partly due to our limited understanding as authors, and partly because the stock market is high-risk, with many uncertain factors, making it difficult to accurately measure some situations. Therefore, if readers find any issues in the content, perspective, or language expression of the reminders, please contact us promptly so we can correct them in future editions. We sincerely hope readers will overlook the mistakes in the book. Finally, we want to remind investors that there is no savior in the stock market, nor are there 100% successful experiences or absolutely correct methods. Therefore, a rational investor should not blindly follow anyone, any experience, or any method (including the Stock Market Practice Manual), but should critically evaluate everything in the stock market, use others' knowledge for their own benefit, keep learning, practicing, and comparing. Only in this way can you develop a trading method that suits you and find a path to success in the stock market. Wishing everyone good luck and successful investments!
Stock Market Practice Manual Writing Team
July 1, 2003
This book provides a high-level summary of the key points of the previous three volumes and also offers a comprehensive, multi-level, and multi-angle special reminder for easily overlooked or mistaken issues in stock trading, as well as technical difficulties. It includes special reminders on investment philosophy, identifying bottoms and buying at low prices, identifying tops and escaping high prices, stock selection, avoiding deep traps in stock trading, and stock trading tactics, covering almost all aspects of stock trading. At the end of the book, there is a compilation of stock trading experiences and a collection of trading tips. The book is rich in content, detailed in data, easy to understand, and simple yet practical. It can serve as an introductory guide for new investors to learn stock trading techniques and help experienced investors improve their trading skills through intensive training. It is an invaluable practical tool book for stock trading.
Since the publication of the Stock Market Practice Manual volumes one, two, and three, they have won the market with their innovative and practical content, being reprinted dozens of times in just a few years. This is the fourth volume, which not only provides a high-level summary of the key points of the previous volumes but also offers a comprehensive, multi-level, and multi-angle special reminder for easily overlooked or mistaken issues in stock trading, as well as technical difficulties. The book is divided into ten chapters, with a total of 121 "special reminders." It includes special reminders on investment philosophy, investment strategy, identifying bottoms and buying at low prices, identifying tops and escaping high prices, stock selection, avoiding deep traps in stock trading, stock trading tactics, and more, covering almost all aspects of stock trading. At the end of the book, there is a compilation of stock trading experiences and a collection of trading tips. The book can serve as an introductory guide for new investors to learn stock trading techniques and help experienced investors improve their trading skills through intensive training.