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Recently, it was discovered that the old father at home has actually come to an understanding.

One day he suddenly ran over and told me that he had discovered a new continent.

Upon asking, I found out that he had started playing with index funds ETFs.

Then, he began to tirelessly popularize the benefits of index funds, various securities, and how difficult it is to speculate on individual stocks now, how much financial fraud there is, how many have been ST and so on.

I could only listen silently, because once he started talking endlessly, I had to let him finish, not interrupting him.

In fact, these words were told to him two years ago, but at that time he was still quite stubborn, thinking that funds were deceptive and did not understand what index funds were.

Now it feels like the Shanghai Composite Index ETF is a money-giver, a standard ATM.

As an old stock investor for more than 30 years, to have a new view and new understanding of the stock market at the age of nearly 70 is gratifying.

The stock market is a place where people grow, no matter how old they are, no matter how long they have been in the stock market, as long as they reflect and explore, they will find different things.

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Whether it's individual stocks or ETFs, these are all superficial things.People who have long been buying bank stocks still enjoy a rich and fulfilling life in the stock market, making a fortune.

The key is to gradually find a way to make money that suits oneself.

Looking back at the 30 years of stock trading experience of the old father.

From the earliest entry into the market, he was a news faction who didn't understand anything, to a technical faction in the middle period.

Later, he chased the news again, engaged in what was called the reorganization and lurking faction, then to the value faction, and finally back to the technical faction.

He has participated in all kinds of methods, including the board chasing and rising faction.

The result is that he made some money in the bull market, but lost all the profits in the bear market and even lost a part of it.

Fortunately, with the accumulation of time and experience, the number of times he suffered heavy losses has become less and less, and he can identify many major pitfalls.

Old stock investors may not necessarily make a lot of money, but the number of times they suffer heavy losses must be less and less, because they have more experience and insight.

Isn't the investment market a place where those with more experience win?It's like being in school and repeating the same grade over and over again. Although the grades may not be outstanding, comparable to top students, as long as one studies diligently, they will at least be better than most people.

As long as veteran stock market investors continue to gain insights, there will always be a lot of new growth.

The stages of growth in the stock market are inevitable.

Even if there are famous teachers to guide, at most they can shorten some time and reduce some pitfalls, but they cannot solve the fundamental problems.

Most people need to accumulate experience through practice, and there are no shortcuts.

Even those with good talent also succeed through continuous efforts. The amount of time they spend on this every day is much more than ordinary people.

From the initial period of confusion when entering the stock market, to gradually understanding the rules of the dazed period, and then accumulating lessons and experience in the sedimentation period, until finally entering the enlightenment period, one has their own so-called "secrets."

Unless one is particularly lucky, there is always a process of paying tuition fees, and none of the stages can be missed.

The period of confusion.Everyone will go through a period of confusion.

The so-called period of confusion is when it seems easy to see others making money, but after entering the market, you find that you don't know anything and don't know how to play the game.

Most people follow others into the game, buying whatever others buy.

When making money, everyone is happy, but when losing money, confusion naturally arises.

Confusion arises because you don't understand anything and don't know what to do.

During the period of confusion, you will look around for information, whether it's on stock forums, message boards, or various portal websites, you will take a closer look at any information.

Rises and falls are the results, but you must find the reasons, why it rises today, and whether it will fall tomorrow.

During the period of confusion, you will receive a large amount of information, filling your brain, to make up for the fear brought by the unknown.

If you stay clear-headed during this stage, you will pass through it quickly.

If you get lost in a large amount of information, it will be more troublesome and miserable, because pure information is impossible to help you make money.Information must be filtered through one's own judgment before it begins to hold value and gradually enters the second phase.

The period of naivety.

The period of naivety is when one starts to understand a little, grasping some principles and market patterns.

Without the need to look at too much information, one will understand why the market falls and why capital retreats.

In this stage, in addition to filtering some information, most people will also engage in some technical research.

Although technology is not omnipotent, it can often provide a reasonable and convenient explanation for what happens on the market.

During the period of naivety, the selection of information channels will be much better, with one's own preferred and fixed information sources, and one's own ability to discern right from wrong.

Although one has not yet formed their own set of methods, the understanding of the stock market has reached a higher level, and one can judge right from wrong.

Technical analysis is most prevalent in this stage because when information begins to become ineffective, one will believe that technology is useful.

In this stage, some people will fall into the trap of technical analysis, while others will find some technical patterns and start to study them.Settling Period.

The settling period refers to the effective integration of information and market changes to form a set of investment logics.

Why should one buy this stock, what is the reason, and from where to judge that it will rise in the future.

The settling period mainly involves transforming one's experiences of success and failure into some experiences.

The settling period is at least a time of mutual gains and losses, and it is no longer a time to lose a lot of money.

Another sign of the settling period is the ability to clearly judge the market, and all information is only used for assistance.

At this stage, one can maintain independent thinking, independent stock selection, and independent trading.

Of course, the method of trading is still in the process of exploration, and it is not completely formed, because the accumulation is relatively limited, and it also requires a certain amount of time.

Stockholders who can enter the settling period can basically survive in the stock market, but it is still difficult to make a lot of money.

Enlightenment Period.The period of enlightenment is best understood as the moment when one suddenly discovers the way to make money in the stock market.

In the stock market, everyone's way of making money is different, which also means that the enlightenment is different.

For example, one day I suddenly realized that making money with short-term trading is very difficult, and it is impossible to compete with large capital, so I abandoned this trading model and chose to do trend trading.

Some people do value investing and suddenly realize that value itself is not like this, listed companies will also have turning points, and they may also decline, so they give up and change to another way.

Of course, there is also a kind of enlightenment that is suddenly understanding where one's own trading method is wrong, where it needs to be upgraded, where it needs to be corrected, and so on, to make one's trading better.

The growth period in the stock market is something everyone must go through, and it is more or less the same.

It's like we all start from being a baby, learning to eat, walk, go to school, and then enter society, and so on.

Although life experiences may be different, the destination is the same, and the stock market is also the same principle.