"Seven Deficits, Two Gains And One Gain" Is The Long Term Law Of China'S Stock Market.

In 2015, it was an unusual year for China's stock market.

During the period, China's stock market experienced a trend of skyrocketing and plunging, and many investors really experienced a "roller coaster" market.

"Cheng Yi capital, losing money" has become a true portrayal of the stock market in 2015.

However, looking at the performance of the stock market in 2015, the trend of the first half of the year and the second half of the year appears to be "ice and fire".

Among them, in the first half of this year, China's stock market has gone through a vigorous market.

Take the Shanghai Composite Index as an example, in the first half of this year, the index increased by more than 50%, and successfully reached the 5178 highest point.

During the period, both the daily average volume of the market, the scale of the market and the growth rate of the on the spot financing and over-the-counter allocation have created an unprecedented growth rate.

It can be seen that for leveraged funds, the role of helping up and helping fall is indispensable.

However, in the first half of this year, the function of leveraged funds helped to make the stock market crazy.

However, when leverage capital has reached the extreme impact on market prying, the market has undergone a 180 degree turn.

Suppose a stockholder gained 100% of the profits in the bull market, or the stock market value increased from 500 thousand yuan to 1 million yuan.

However, if the bull market burst, he lost 50%, that is, the investment return rate of the whole year will be in place.

In short, the money earned in this bull market is basically returned to the market.

In this regard, in this year's high volatility market environment, shareholders can achieve

No loss, may have been the winner of this year's market.

In essence, the stock market itself does not create wealth, but redistribues wealth.

At this point, the trend of this year's sharp fluctuations, in fact, for the whole market, from a certain concept, does not mean that the market wealth has been a substantial expansion or evaporation.

But for the market, a losing party will have a profitable side.

Here, who can grasp the advantages of information, capital, technology and so on, who may be the biggest winner of a round of wealth distribution.

In fact, since 4 and May this year, management has launched a series of "deleveraging" initiatives.

However, in view of the excessive market madness at that time, the series of "deleveraging" means did not achieve significant results.

However, after entering 6 and July this year,

The "deleveraging" of the market has been significantly improved.

At the same time, the enthusiasm of the market has already reached the extreme, and after the market is extremely crazy, combined with the gradual landing impact of the series of "deleveraging" means, the impact of leveraged funds on the market has gradually evolved from helping up to helping fall.

Obviously, from "1000 stock limit" to "

And then to the "1000 stock suspension", this series of events has profoundly affected the investment sentiment of hundreds of millions of A share investors.

However, for 2015, it did bring too many "surprises" to shareholders, and many shareholders also had a round of ups and downs of wealth market value.

Today, although the market index has stabilized, and the overall operation of gravity has shifted upward.

But throughout the year, the vast majority of Chinese shareholders have never returned to the highest level of shareholding in the year.

"Seven deficits, two gains and one gain" is the long term law of China's stock market.

Obviously, no matter the bull market or bear market, the vast majority of shareholders ultimately can not get rid of this Law curse.

Indeed, in practice, it is a piece of cake to achieve rapid growth in the market value of a shareholding in a bull market.

Perhaps, in this round of bull market, many investors' stock investment yield has reached 100%, or even more than 200%.

But at the end of the bull market, especially when the bull market burst, its market share impact on shareholders is quite lethal.