Core Viewpoint - The article presents ten golden rules for survival in the stock market, emphasizing the importance of risk management, independent thinking, and long-term investment strategies [3][4][5][6]. Group 1: Investment Strategies - Avoid using leverage as it amplifies both gains and risks, leading to potential losses [3]. - Focus on understanding industry logic and long-term value rather than relying solely on intelligence or K-line charts [3][4]. - Stay away from penny stocks and companies with poor financial health, as they are likely to face significant downturns [3][4]. Group 2: Market Behavior - Independent thinking is crucial; following market trends or "hot stocks" often leads to losses [4]. - The stock market is likened to gambling, where long-term value investing is seen as a more favorable bet compared to short-term speculation [5][6]. - Recognize that even high-quality stocks can decline in value during bear markets, thus investors should buy low and hold rather than chase high prices [5][6]. Group 3: Investment Timing and Valuation - Emphasize the importance of understanding valuation, market sentiment, and the potential for price appreciation when making investment decisions [5][6]. - The article suggests that while predicting market timing is challenging, focusing on the potential for price movement (space) is more feasible than trying to predict speed or timing [6].

Core Viewpoint - The article discusses the differences between trial and distribution upper shadows in candlestick charts, emphasizing the importance of understanding these concepts for stock market analysis [1]. Group 1: Trial Upper Shadow - The trial upper shadow occurs when a stock price is suddenly raised to test market reactions before a potential upward trend [4]. - Characteristics of trial upper shadows include their appearance at relatively low price levels and low trading volume, indicating that the intention is to gauge market sentiment rather than to sell [4]. - After a trial upper shadow, the stock price is likely to recover and continue rising, as the purpose is to prepare for future price increases [4]. Group 2: Distribution Upper Shadow - The distribution upper shadow indicates that the stockholder is selling shares to realize profits after a significant price increase [7]. - This type of upper shadow typically appears at high price levels with increased trading volume, as the stockholder aims to attract buyers while selling off shares [7]. - Following the formation of a distribution upper shadow, the stock price often declines significantly due to the selling pressure exceeding buying interest [8]. Group 3: Differentiation Techniques - Investors can differentiate between trial and distribution upper shadows by analyzing the price level; a shadow at a low price suggests a trial, while one at a high price indicates distribution [10]. - Trading volume is another key indicator; low volume suggests a trial, while high volume indicates distribution [10]. - Observing subsequent price movements can also provide insights; a price increase after a trial shadow and a decline after a distribution shadow are typical patterns [10].

Fundamental Analysis - The global economic situation, monetary policies of major economies, and geopolitical issues significantly impact gold prices [3] - Gold prices typically have an inverse relationship with the US dollar index; a stronger dollar often leads to lower gold prices and vice versa [4] - Inflation erodes the purchasing power of currency, making gold a sought-after asset during inflationary periods [5] - The supply and demand dynamics, including changes in gold mining output and central bank reserves, also affect gold prices [6] Technical Analysis - Candlestick charts are essential for technical analysis, allowing investors to observe market trends and potential buy/sell signals [7] - Technical indicators such as moving averages, MACD, and RSI serve as navigational tools for investors to assess market conditions [7] - Support and resistance levels act as critical price points; breaking through these levels often indicates a shift in market trends [7] Risk Management - Setting stop-loss orders acts as a safety mechanism for investors, automatically triggering a sell when prices fall to a predetermined level [8] - Position sizing is crucial; investors should not risk all their capital on a single trade and should allocate funds based on their risk tolerance [8] - Diversification is recommended to mitigate risks associated with price volatility in a single asset [8] Psychological Management - Greed and fear can hinder investment decisions; maintaining a calm and rational mindset is essential for analyzing market dynamics [10] - Developing and adhering to a trading plan serves as a strategic guide, helping investors avoid impulsive decisions based on market fluctuations [10] - Continuous learning is vital for investors to keep pace with the evolving financial market and remain competitive [10]