Cross-posted from Investing in Chinese Stocks.
Are you new to stock investing? Do you get happy when stocks rise and nervous when stocks fall? Do you feel like you cannot go without checking on your stocks everyday? You might be suffering from stock market anxiety syndrome (AKA a stock market bubble), Xinhua: 新华社连发4文致新股民：别让涨跌左右了生活:
In fact, this is definitely not normal investor psychology, but a “stock market anxiety syndrome.” Such symptoms are usually prone to inexperienced new investors in stocks, and investors are keen to follow suit. Because of this population itself is not very familiar with the stock market investment, blindly follow the trend, and the mentality is not mature, emphasis on speculation, so jumping up and down in the face of the stock market, is often difficult to control their emotions, and therefore lead to psychological anxiety.
With the arrival of the bull market, the influx of a large number of new investors, this anxiety will spread rapidly. If you find yourself or friends and family around also have these symptoms, do not worry, in fact, in order to cure the disease nor difficult, just remember to keep the two hearts: one steady heart, one for early heart.
First, the world is not only rise in stock does not rise nor fall only stock, in the face of surging stock market, you should not do in order to rise pleased, not to fall sad, keep calm attitude, attention to financial investment at the same time, the investment should pay more attention mental health investments, enhance self-regulation, so can a duck in the vagaries of the stock market, stocks relaxed. Even if the judge problems, had to liquidate the flesh, will be willing to pay the price for his irrational behavior.
Secondly, do not forget the early heart [early heart means the feeling/reason why you first do something]. Stocks is only a small part of life, and more importantly, there health, work, dating, entertainment and so on. The original intention of this stock is to serve life, make life more beautiful. If the cart before the horse, but it became hard after the stock market’s “slaves”, the daily worry about the outcome, do the gains outweight the losses?
An article published in the China Securities Journal looks to volume as a sign for a long bull market, iFeng: 万亿成交VS千亿成交 分析称本轮牛市或远超市场预期:
At the peak of the bull market in 2007, daily volume topped out around ￥600 billion. In July of last year, at the start of the bull market, it was ￥300-￥400 billion. In December, it crossed ￥1 trillion. Since March, it has exceeded ￥1.5 trillion.
Price follows volume and volume there is with new stocks accounts last week up and away:
