Come in, stock expert ~

Question: Is Gann's theory related to the Chinese calendar? Was the turning point that they had established really that magical? Have you studied and used it before? (It's a little difficult. I already said that experts can enter ~~)
Recently, he had read a book about Gann's theory. He agreed with some of the views, such as repeatedly emphasizing the importance of stop-loss, paying attention to the coordination of volume and price, and so on.
However, he didn't really study the angle line and the wheel in the wheel. On one hand, it was very obscure and difficult to understand. On the other hand, he felt that it was just a tool after all. It was no different from KDJ, MCD, and the average line. It could be understood but couldn't be relied on.
The book also mentioned the connection between it and the Chinese calendar, such as the twenty-four seasons, the Book of Changes, etc. It was too mysterious. Although the ancient Chinese civilization was profound and all-encompassing, wasn't it a little too far away to link them together?
Also, I basically don't look at technical indicators such as KDJ, MCD, or even the moving average. I just look at the trend. The rising channel is smooth. I buy on dips and sell on dips when the rise is weak. Do you think this is a good idea?
Please tell me what conditions you look for when you buy stocks?

Answer 1

Please enter, stock expert!

As a stock expert, you need to have a wealth of knowledge and experience in the stock market in order to make the right investment decisions. First of all, you need to understand the company's fundamentals, including the company's financial situation, marketing strategy, competitive advantages, etc., in order to make a judgment on the company's future development. Secondly, you need to master the basic knowledge of the stock market, including the characteristics of the stock market, investment strategies, risk factors and other aspects in order to develop a suitable investment plan. In addition, you need to constantly learn and research the latest stock market trends in order to keep up with market changes and investment opportunities. Finally, you need to remain calm and rational to avoid blindly following the trend and over-investing in order to make wise investment decisions.

In short, as a stock expert, you need to constantly learn, accumulate experience, and remain calm and rational in order to obtain good returns on investment in the stock market.