The recent surge and plunge of the Chinese stock market has attracted much attention. The post-00s who took out loans to invest in the stock market are in trouble again... Who will pay for it in the end? Investing in the stock market is actually a very special way of participation. For most Chinese investors, they do not have the conditions to participate, such as directly purchasing individual stocks. However, based on the low threshold and special "response" method of the stock market, no matter how powerful the methods and theories are, it is difficult to get attention at the individual level. Therefore, the stock market and the economy, the stock market and investors, and the hidden characteristics of the stock market itself all need more continuous thinking and understanding. Otherwise, facing the fluctuations of the stock market, they are blind at all times, and all the participants are completely based on feelings. They can only be atypical repetitions of the past, and the result is nothing more than a different degree of sadness and joy.

Let's talk about the particularity of the stock market first. The stock market is a very strong instant feedback mechanism. From a psychological perspective, this feedback mechanism has the same effect as gambling, that is, as long as you buy, you will see instant feedback immediately, and its profit and loss are changing every moment, and it is a super infinite game. Unless you choose to settle or encounter a suspension of trading, this kind of feedback directly related to money will always stimulate the participants and never stop. This particularity means that if you do not deeply understand the nature of the stock market, once you participate in it, with the timely feedback of profits and losses, you will completely forget the difference of the stock market itself, and enter a very subjective psychological state. This is why, in the stock market, those who have very high cognitive abilities and knowledge levels will inevitably listen to seemingly absurd rumors to speculate in stocks, and their IQ will immediately drop to zero. This is a common problem for everyone. Are there any professionals in the stock market? I can tell you that there are of course professionals, but professionals in the stock market do not make money by obtaining specific floating returns from the stock market. Most of the professionals in the stock market make money by relying on business processes related to the stock market, such as management fees, handling fees, issuance and recommendation, as well as agency sales and channels, etc. Is there no technology and experience in the stock market?Of course there is, but the technology and experience need to be sufficient to play a role$BTC