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Retail investors and beginners can take a look.

$TENCENT (00700.HK)$ $BABA-W (09988.HK)$ In order to be successful in stocks, a person must have these seven abilities, summed up from years of experience:
First, have the ability to think in reverse and think from others' perspectives. You need to understand that investment is a game where only a few people make money.
Second, independent thinking. The ability to think independently is very important. Most people just follow the crowd based on rumors, especially those who only focus on news without considering the stock price. They are prone to losses.
To have the ability to correct mistakes, you need to learn to cut losses, because there are always mistakes in investments. No one can be 100% correct. If you don't respect the market, one mistake can undo all your previous efforts.
Find your own correct investment method. Some people invest with spare money, so they don't need to worry about external market fluctuations. Some people invest in large cap stocks, some in small cap stocks, and some focus on growth stocks. There is no comparison. But we should know that most individual stocks end up losing money, and only a few stocks are successful. The opportunity for athletes to take the field is very rare. The time for a stock to rise is very limited. Most of the time it is falling. So everyone should have their own investment method. Don't keep learning and trying, but rather focus on long-term practice and accumulation.
Learn to control emotions. Many people often fail at the last moment because they have different positions and sources of funds. It is difficult for them to control their emotions. Some people may earn a few hundred yuan a day at work, but when the stock market fluctuates, they can lose thousands or tens of thousands. It is difficult to control such emotions. So, before entering the market, you must understand that you should be prepared for the worst and have a clear understanding.
Learn position management and risk control. It means that you should not blindly buy at the bottom, otherwise your mentality will collapse. Sometimes, after making a big profit, you may overlook the subsequent big losses. Sometimes misfortune may be a blessing in disguise.
Logical thinking is required. The rise of a stock requires the right timing, favorable conditions, and people's support. The fundamentals, capital, news, and technical aspects need to resonate in order for the breakthrough to occur. The fall is not determined by your words alone. Many people vote with their positions, thinking that if they are not holding any stocks, they should be bearish, and if they are fully invested, they should be bullish. By doing this, you will never grow. $MEITUAN-W (03690.HK)$
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