Currently, domestic stock analysis software distinguishes the flow of funds by oversized orders, large orders, medium orders and small orders.
Large orders of 1000 lots and above are considered large orders, 500 lots and above are large orders, 100 lots and above are medium orders, and below 100 lots are small orders one. This calculation method does not take into account the overall market value of the stock, which leads to the fact that all stocks use the same lot or the same capital to count the main trend, and there must be a deviation in the statistics of large-cap stocks and small-cap stocks.
And in the transaction, The operating methods of institutions are also changing with each passing day. Compared with the statistics of the flow of funds in the software, it is completely possible to split large orders into small orders. If the funds are reversed to calculate the illusion, the accuracy of using the flow of funds to judge the main behavior will not be too high. There is also a greater risk in buying and selling references.
For example, a stock institution can use small orders to pull up to the daily limit after fully controlling the market to attract investors to follow suit. Shipping after closing the board results in a net outflow of funds today, but the bargaining chip If there is too much, you can still continue to lift the sealing plate for shipment the next day. Here, the stock daily limit is formed, but the funds show signs of net outflow until all the goods are sold out.
If to prevent Investors can follow up, and they can also use large orders to place and sell orders to scare away investors, or large orders to split small orders to buy. As a result, there is no sign of large funds entering the market. Investors who determine the direction based on the flow of funds will be deceived.
And it is not uncommon in the two markets to see a large inflow of capital into the stock price limit and a large outflow of capital out of the stock price limit, which means that the capital flow does not truly reflect the capital of individual stocks. situation, or there are still tools used by institutions to lure investors into the trap.
For the flow of funds The statistics can only be used as an auxiliary reference, and cannot identify the operational behavior of the institution. It is only based on the number of lots and the size of funds to determine which category the order may belong to to give investors a judgment. It is not necessarily the results after the statistics are true. , so don't believe it blindly.
The grasp and understanding of capital trends is a compulsory course for every investor and one of the prerequisites for successful stock trading. There is a big misconception that the flow of funds is the actual buying and selling of funds, but in fact it is not.
Next, let's discuss in detail the flow of funds and why individual stocks have reached their daily limit but the funds have shown a net outflow.
1. What is the flow of funds?
The flow of funds refers to It is the direction that funds actively choose, and this actively selected direction refers to active buying and active selling.
In practice, the trading softwareThe flow of funds shown above is somewhat confusing. Generally, if a stock shows an upward trend within a certain period of time, the turnover during this period will be included in the capital inflow; on the contrary, if the stock has shown a downward trend during this period, the turnover during this period will be included in the funds. Outflows; not included if there is no change in share price.
But we all know that in the stock market, if you only sell without buying If so, it does not constitute a transaction, so the real turnover of any individual stock is divided by the buyer and the seller in half.
The important thing is that everyone misunderstands that the capital flow is represented by the trading volume within a period of time, and what is the trading volume? External disk + internal disk, whether it is external disk It is still an internal market, which means active buying and selling, which is a manifestation of the wishes of both long and short sides.
In this way, we can clearly understand the flow of funds, which is more a manifestation of the wishes of long and short parties, rather than the entry of real funds. or data representation of departure.
2. Why do individual stocks reach the daily limit, but funds show a net outflow?
Above We also said that the capital flow mainly reflects the game between the long and short sides of the market, which can help investors see the market's true thoughts on this stock through the rise and fall of the stock price.
Under normal circumstances, the flow of funds corresponds to the rise and fall of the stock price, that is, if the stock price rises sharply, the funds show as a net inflow, and if the stock price falls, the funds show for net outflow.
However, the capital flow and the stock price trend sometimes show deviations. There are two common deviations:
1. The stock price rose sharply on the day or even the daily limit, and the funds showed a net inflow, but the net inflow was very small;
2. The stock price rose sharply or even the daily limit on the day , the funds are shown as a net outflow.
When there is a deviation, practical experience tells me that I can only believe in the flow of funds. The stock price is the most deceiving thing. The flow of funds can reflect the actual market situation far more than the stock price. Happening.
It should be noted that the stock price rose sharply or even the daily limit, while There are generally three reasons for the net outflow of funds:
1. The main force induces more
This usually occurs when the stock price rises for a period of time, the price is at a high level, and the dealer pulls the daily limit to sell.
2. The main force to lure shorts
generally occurs when the stock price is still relatively low, and the main chips are I don’t collect much or I feel that there are too many floating chips in the intraday, and the control strength is weak. At this time, pull up the daily limit to shake out the floating chips in the intraday, and then after a period of small decline or sideways, it will rise again .
3. Differences between the main players
After the stock price rose for a period of time, the most The dealers who came in first felt that they had made enough money, so they wanted to come out, but those who came in later still wanted to increase. At this time, the difference between the two houses will lead to the fact that although the stock price is still at the daily limit, the funds may show a net outflow.
The Secret of "Fund Flow"
A single stock, whether institutions are buying or retail investors are buying, always This is a concern of many ordinary investors. Obviously, the tickets bought by the institutions are the tickets of the main players and the dealers, and the tickets that the retail investors participate in are a pool of backwater, and there may even be a catcher! In theory, the transaction details of each individual stock can be seen. In the mainframe of the exchange, who bought which tickets for which seat and which brokerage, it is clear at a glance, if you can see this data, Stocks are bound to becomeEasier than cooking! The reality is that the host of the exchange should be a high-level "secret unit", and almost no one can peep the data inside. Even so, wanting to see the opponent's hole cards is still the best shortcut for gamblers to win! Where there is demand, there is a market. In order to satisfy the desire of investors, the market has created a very turbulent data - the flow of funds!
"Fund flow" data was once all the rage ("net inflow of funds", "institutional funds", etc. are the same), and now, major financial media are also in the announcement. This data is also the main selling point of many charging software, and it is also the flagship product of many financial service companies, which can only be bought with money! At the beginning, we really thought that this "fund flow" data told us what tickets the main players and dealers were buying, and what tickets retail investors were buying! However, with the passage of time, many investors have found that the data of capital flow is not as magical and accurate as legends. In many cases, the stocks and sectors to which capital flows will not rise or even fall. Many friends are also here. Data stumbles. Slowly, the flow of funds to this data will be "forgotten to everyone". There are people who have many friends, from the beginning of the rush, to the later avoidance, from one extreme to another extreme, angering that "the flow of funds" is a scam!
Is "money flow" data useful? According to our "Hei Zhuang Logic" point of view, for any disk phenomenon, you must know its principle, and you will have a real bottom line when you use it! Dear friends, do you really understand the principle of "fund flow"? What data did he count? For example, today's disk, funds flowed to the financial sector, what does this mean? The first thing that comes to your mind is that the money in the market is buying the financial sector.
The transaction must be the behavior of the buyer and the seller, and there is a buy and a sell! Some people buy tickets for 10,000 yuan, and some people sell them for 10,000 yuan. The more people who buy, the more people who sell them. The data shows that the most is the enlargement of the transaction volume, and there is no capital. The question of where to go. Many friends immediately thought that the flow of funds to the financial sector reflects the
initiative of funds to buy tickets in the financial sector... In fact,
is about active buying and active selling The problems that arise are represented by "outside disk" and "inside disk" on the disk, not "fund flow"...
Here comes the question, the flow of funds, what is his statistical basis? Let's first look at the transaction details of this picture
In this transaction details , suddenly there were 3 huge transactions of 10,000 lots! The market generally believes that retail investors cannot make such transactions because of the limitation of the amount of funds and the lack of unified and coordinated actions. Such transactions are considered to be the order of the institution, or the order of the main force.
The answer is revealed: "Fund flow", "Net inflow of funds", "Institutional funds" and other data actually count the difference between "active buying" large orders and "active selling" large orders value. The active buying of large orders is greater than the active selling of large orders, and funds will flow in; the active buying of large orders is smaller than the active selling of large orders, and funds will flow out. It can be seen that the transaction of large orders is the key to the statistics of "fund flow data"!
The point is here, after knowing the principle of "fund flow", is this data still useful? Many friends would like to say: Of course it is useful, because the large order transaction as shown in the picture above is the behavior of the institution, and the inflow of funds shows that large funds are buying this ticket! It makes sense to say that the market is intriguing. As shown in the figure below, it is revealed that the main force easily uses the simplest trading technique to create the illusion of capital inflow!
As shown in the figure, the main force hangs a huge pressure order on the sell order , and then use the large order to buy him proactively. In terms of statistics, all purchase transactions are active purchases of large orders, and they are all counted as net inflows of funds. The real situation is that the main force hangs up the list and eats it by himself, but he sells his left hand to his right hand, and there is no real money flowing in. This may be a trap!
One trick to catch the latent main force
Follow ZhuangPrinciple: Because the main capital is very large, when they enter a stock, they often leave obvious signs on the trading volume, which is directly manifested in the enlargement and shrinkage of the trading volume. Because the dealer can use multiple accounts to create the illusion of heavy volume, the increase in trading volume is not necessarily true, but the shrinking volume must be real, and the price does not fall when the trading volume shrinks. On the one hand, it shows that the market agrees with the current stock price. On the other hand, this phenomenon implies that the main force has already controlled the market. Since the dealers come in to make money, if they want to sell, there must be room for profit, and there will inevitably be a rise in the future. the process of.
Technical points for stock selection:
1. Long-term moving average and long-term moving average (the rising trend is clear and the short-term is protected by the middle line)
2. The decline is not adjusted during the adjustment. Large, the transaction volume has shrunk significantly. (The shrinkage represents the height of the dealer's control panel)
3. During the adjustment process, a beautiful double bottom, arc bottom and other platform forms are formed
4. The stock price rises in heavy volume for the second time or the platform breaks through to confirm the buying point.
5. Do not use it when the market index is trending down, avoid systemic risks, and pay attention to stop losses.
The following are several typical combat maps of this stock picking technique:
Teach you how to catch the main upswing
The main rising wave is the dream of stock speculators, and every stock has the main rising wave. How can we catch several times and dozens of times the main rising wave? Is there a way to do this? The answer is yes.
According to the past performance of individual stocks, those stocks that are about to enter the main uptrend have the following characteristics:
1. The individual stocks have already risen to a certain extent in the early stage, but the upward pace is more cautious and the trend is relatively mild;
2. The position of the stock price is not low, and some are The highest position for a period of time, and some of them even go higher on the basis of historical highs;
3. The stock price tends to move sideways before entering the main upward wave During the period of , some fluctuated slightly, and some showed an upward triangle trend, but either way they experienced a certain consolidation process.
4. As far as transactions are concerned, in addition to the huge amount released in the early stage, the later transactions have gradually shrunk, and the transaction volume before the start is relatively small.
Judgment on the buying point of the main rising wave:
1. There is a small overcast on the daily K line Small Yangxian
Under normal circumstances, if the stock price is relatively low, the main force will slowly push up in the way of small yin and small yang, and the increase will be controlled within 7% intentionally or unintentionally, because At this time, the main force does not want anyone to follow the trend, let alone the increase of more than 7% to be on the list. When the stock price has a certain increase and the main force hopes that the market will follow the trend, a big positive line will appear
For example, the picture above is the trend of a big bull stock before the start of the rising wave. It is in a stage of volatile and climbing, and after entering the main rising wave, the stock price enters a stage of rapid rise, constantly pulling out the big Yang line.
2. When there is an upward gap, the gap will not be filled
Generally speaking, when the stock price gaps higher, It is a strong long-term signal. If the stock price can continue to rise after opening higher, or even close the daily limit, it is a signal that the main rising wave is unfolding
For example, our old friend Donghua Software, the trend of February 5th and April 5th, the stock owner has many upward gaps when the rising wave starts. The gap was not filled, and then the stock price launched the most explosive three-wave rise.
3. The weekly MACD just had a "golden cross" above the zero axis or was about to have a "golden cross"
According to The principle of MACD's application We can know that the "golden cross" of MACD above the zero axis means that the stock has experienced a round of rises before, and has been adjusted later. When MACD appears "golden cross" again, it means that the previous adjustment has ended, and this adjustment is just a retracement, and the stock price will enter a new round of rising stage.
For example, the main rising bull stock in the picture above, in the 1949-point market, The stock price soared 60%, and then began to adjust with the broader market. Although the adjustment was not large, we can see that the MACD indicator has been in a downward channel until March 26, after the MACD indicator appeared a golden cross above the zero axis. The stock price once again entered the main rising wave soaring.
How to use the 3-day line to capture the rising waves of individual stock owners?
The general stock index has three short-term trends:
One is when the 3-day moving average is upward, It is called a short-term upward attack situation (the larger the angle, the stronger the attack strength, and the 45-degree angle is the boundary of strength and weakness)
One is when the 3-day moving average goes flat, Known as a short-term consolidation trend. (The rise and fall of the stock price is transformed by the obvious or insignificant short-term intraday situation as a transit point)
One is when the 3-day moving average is downward, which is called for the short-term downtrend. (The larger the angle, the stronger the attack, and the 45-degree angle is the boundary of strength and weakness)
In operation, in addition to the basic understanding of the 3-day moving average, there are many skills , the most exciting is the short-term chasing method. Remember that chasing up is not chasing high, it is chasing up!
Graphics and texts explain the nine daily truce methods
Buy daily limit stocks , is the goal of every investor in the stock market, but it is often difficult for most people to achieve this goal. Only when they encounter a bull market with a daily limit of 1,000 shares can they realize their "daily limit dream". However, in the A-share market, there are not many opportunities for the daily limit of 1,000 shares. Therefore, if you want to seize the daily limit, you still have to have some skill. Today, Xiao Feng will explain to you in detail: how to capture the daily limit of stocks, I hope to give you some reference:
When buying daily limit stocks, you need to pay attention to the following points:< p data-pid="jM5 _ Ym5J">1. The first choice is the stocks with the theme, and the stocks that suddenly gapped higher and opened the daily limit on a certain day; the second choice is the stock price that has been consolidating at the bottom for a long time, and the stocks that have not responded to the daily limit; the third choice is strong After the stock has risen for a period of time, the strong consolidation ends and the daily limit is pulled;
2. The sector is linked, and the leading stocks that chase the daily limit first are more likely to be in a bull market or a very strong market. In this case, if you want to chase the first daily limit stock; The previous trend and the size of the circulating plate determine whether the stock is suitable for intervention. The increase of chasing stocks should not exceed 9%;
4. This style of continuous reduction should not be changed at will, so as to avoid the quilt caused by entering the market when the market has no daily limit.
Grab the daily limit, especially by chasing the price. This is a strategy with high returns and high risks. Xiao Feng does not recommend conservative operators. And investors with risk tolerance below 50% do this. Share belowThe daily truce method for everyone to study:
Nine daily truce methods:
1. Revisiting the old place of the truce
2. Meeting of the Queqiao Bridge of the Law of Armistice
3. Happy breakup of the daily truce method
4. Upside down willow
5. The law of daily truce is seamless
6. There are three other than the three methods of daily truce.
7. Open the Sesame of the Daily Armistice
Three trading rules< /h2>
What exactly is a transaction? As far as speculators are concerned, it is a special investment behavior aimed at making profits and at the same time taking certain risks. As far as the entire market is concerned, it is a method of risk transfer.
The market is full of contradictions, and the contradictions constitute the rise and fall of market prices. There is no absolute right or wrong in the perception of the market, only the market is always right of. Among the spears and shields of the market, among the right and wrong perceptions of the market, we should find a moderation, a balance, not too extreme, not too absolute, survival of the fittest.
Trade, do the trend, not the price, wait for the trend When it is finally clear, it is not too late to start. This will lose a small amount of opportunity, but won the safety of funds. Your goals must be aligned with the market and follow the trends of the market. If you are in line with the market, profits will roll in; if you see the trend wrong, you have to use the old and reliable umbrella - the stop loss order, which is the relationship between trend and profit. Contrarian operation is the beginning of failure , should not fight against the market, or try to beat him, there is no need to be shrewd than the market, when the trend comes, follow it;
The highest level of transaction is five nos: no hi, no No worries, no fears, no desires, no self, "The market is like a vast ocean, the only thing you can trust is your trading system and plan.
The way to trade is originally In the field of learning, for everyone, failure is almost self-inflicted. In the market, you have to change your frequency but follow the market. Be sure to build a trading system that suits you, no matter if you are slapped by the market You have to get back on your feet and improve your system. Don't be afraid of complexity and red tape, because this is your only way to success and out of losses, there is no other way.
Investing must first ensure capital security, and take limited risks as little as possible before making profits. After having the profit, use the profit to take the risk. Develop a set of money management plan: the first goal is long-termViability; the second goal is the implicit growth of capital; the third goal is a high level of profitability. Common use of funds in actual trading:
1. Full position trading method; 2. Regressive Masukura trading method; 3. Radical Masukura trading method; 4. Speculation trading method ; 5. Dead-resistance trading method; 6. Two-way pair opening trading method (commonly known as lock-up trading method); 7. Probabilistic trading method; 8. Arbitrage trading method.
Professional masters never envy others' accidental profits, they hate their own accidental success even more. The most important value of their existence is to obtain their own profits from the market continuously, stably and for a long time by virtue of their superb technical skills. Any accidental or temporary success is meaningless to them.
Manage funds flexibly and reasonably, attack the most potential market, rely on programs to ensure success, have a lasting probability advantage, win rate more than 60%, trend The idea is the most important, the tools are easy to use, there is no need to get to the bottom of things, overcome psychological fatigue, the most important thing is to be calm and dare to win. Don't scale your operations beyond your load -- just focus on the game you're currently playing, don't worry about making money.
The market is a school that can never graduate. Always be humble and cautious, guard against arrogance and impatience, maintain a normal heart, and be an ordinary person. The market should always be in awe, succumb to the market, map it, and follow it. "Only those who are afraid can survive." school graduated from. Fall in love with your gains, but don't be timid about your gains; fall in love with your losses, but don't get used to your losses. The greatest joy in life is not the result you get, but the process of constantly pursuing struggle. So "you must develop a set of procedures, you must understand your procedures, you must follow your procedures" to operate, and win!
What you lack is not only technology but also patience
Too many people are impatient and see a downturn in the stock market Stop loss and cut the meat, originally just a loss on paper turned into an actual loss. Regular cuts and stop losses are a shortcut to accelerating bankruptcy! Northbound funds are smart funds, and they come in to pick up chips whenever they fall too much.
Patience is also the secret to making money investing in the stock market. You don't need to make too many decisions. You only need to seize the few investment opportunities in the downturn in your life, and you will be able to succeed and become rich. This refers to buying in a downturn and not to your ability to buy the lowest price. In fact, no one can attempt to buy the lowest price.
You don't need to think too much about investing. You just need to be patient and wait until the market panic spreads to invest your heavy money (50% stock position), leaving room to continue to increase your positions in the fall. Then wait patiently until the next stock market madness to clear your positions. As soon as you enter and exit, you will earn a lot of money.
The secret to making money in the stock market is the inconspicuous four words "waiting patiently". Patiently waiting for buying opportunities, patiently waiting for harvest season. A friend is educating his children to invest: "Success comes after buying a house for rent more than ten years ago. You can wait for the house to rise five times. Now you buy stocks and get dividends. You will wait for the next time. Wealth is a great opportunity.”
Rogers said a passage worth thinking about: "If you make 50% profit on investment in two years, but in the third Lost 50% in 2018. Then you might as well put your money into the Treasury market. You should be patient and wait for good opportunities, make money and take profits, and then wait for the next opportunity. Only then can you beat others."
Wait patiently for the perfect trend of the market, do not preconceived, do predictive intervention.
Timing is everything, buy at the right time and sell at the right time. Trading is not something to be done every day, and those who think that trading is necessary at any time ignores one condition, that is, trading requires a reason, and it is an objective and appropriate reason. In addition to trying to decide how to make money, traders must also try to avoid losing money. Knowing what to do is almost as important as knowing what not to do.
Stock operators have to contend with a lot of costly enemies within themselves. Make big money by "waiting," not thinking. Be sure to wait until all factors are in your favor. Predicting markets is so difficult because of human nature, and navigating and conquering human nature is the most difficult task. Careful timing is very important... There is a price to be paid for being too hasty.
The first mentality to speculate well in stocks is patience. Patience is to face fluctuations, to have a normal heart, to watch it calmly, and to be unmoved. "Mount Tai collapses in front and the color remains unchanged" This is the embodiment of the highest state of mind. The obvious performance of patience is calmness. In layman's terms, patience is the ability to hold back and not be in a hurry, which is the heart of "patient". "