Stock Market Wisdom/股市心经

This book encapsulates over thirty years of practical market experience from Xie Mingyi, one of China's first-generation stock market investors. Starting with his entry into the market during the Shenzhen blackboard trading era in 1988, and witnessing key market events such as the 8.10 Incident and the 327 Treasury Bond Incident, it reveals the essence of stock market operation through his real-world journey "from 10,000 to 100 million." It revolves around three major practical systems: "Strength and Weakness Analysis Method," which uses price, volume, and time as coordinates, abandons causal logic and quantifies capital flow through the "boiling water theory," validating trend power in cases such as the Shenneng 818 defense battle; "Trend Trading," which constructs a "five-wave sentiment chart," localizing the theory of reflexivity and proposing a dual-track position-building method of "lurking and holding + right-side following," accurately capturing the main upward trend of brokerage stocks in 2014; and "Short-Term Combat," which decodes Keynes' "beauty contest theory," revealing the three-stage strategy of theme fermentation in the limit-up game. With "the market is always right" as his core principle, Lao Xie incorporates new trends such as "normalization of delisting" under the registration system into his strategies. Through life-or-death lessons such as the Shenzhen Development Bank crash in 1990 and the stock market crash in 2015, he has extracted the counterintuitive "expectation-probability-following" survival rule, providing retail investors with a complete investment guide from concept to practice.

这本书凝结了中国第一代股民谢明夷三十余年的市场实战经验，从1988年深圳黑板交易时代入局，亲历8·10事件、327国债事件等市场关键节点，以“从1万到1亿”的实战轨迹，揭示股市运行本质。围绕三大实战体系展开：「强弱分析法」以价格、成交量、时间三要素为坐标，摒弃因果逻辑，通过“烧开水理论”量化资金热度，在申能818保卫战等案例中验证趋势力量；「趋势交易」构建“五浪情绪图谱”，将反身性理论本土化，提出“潜伏蹲守+右侧追随”双轨建仓法，精准捕捉2014年券商股启动等主升行情；「短线搏杀」解码凯恩斯“选美理论”，揭秘涨停板博弈中题材发酵三阶段策略。老谢以“市场永远是对的”为核心原则，将注册制下“退市常态化”等新趋势融入策略，通过1990年深发展暴跌、2015年股灾等生死教训，提炼出反人性的“预期-概率-追随”生存法则，为散户提供从理念到实操的完整投资指南。