Core Viewpoint - The article discusses the importance of choosing and utilizing flexible financing and spot trading for novice investors, highlighting their characteristics, risks, and applicable scenarios while providing practical investment advice. Group 1: Flexible Financing - Flexible financing (such as margin trading) allows investors to amplify their investment scale by borrowing funds, leading to higher returns in a rising market [2] - The leverage effect can also magnify losses in a declining market, making it crucial for novice investors to start with low financing ratios (e.g., 1:1 or 1:2) to avoid liquidation risks [5] - Flexible financing is more suitable for short-term trading due to higher interest costs associated with long-term holding [5] Group 2: Spot Trading - Spot trading involves using personal funds to buy and sell securities without leverage, making it a safer option for beginners [4] - It helps novice investors develop trading habits, such as stop-loss and position management, while ensuring that losses are limited to the invested capital [6] - Spot trading is more aligned with long-term investment strategies, such as dollar-cost averaging or value investing, minimizing the impact of short-term market fluctuations [6] Group 3: Practical Investment Advice - New investors are advised to start with spot trading to build a solid foundation before exploring financing options [6] - Diversification is essential regardless of the chosen investment method to reduce the risk associated with any single asset [6] - Setting strict trading disciplines, such as predetermined stop-loss points, can help avoid emotional trading [6] - Continuous learning about market dynamics and technical analysis is vital for improving investment decision-making skills [6]