In an era of information overload, having a personal thinking framework allows us to maintain clarity and confidence in a complex environment. Recently, I mastered the thinking framework of investment research and execution processes through step-by-step learning. Below is a summary of my learning process and gains.
1. What is a Thinking Framework?
A thinking framework is like a map that helps us avoid getting lost when faced with a large amount of information. Without a framework, thinking can easily become chaotic; with a framework, decision-making becomes more determined and organized.
Gains:
With a thinking framework, decision-making becomes more confident and is less likely to be disturbed by external information.
2. The Basic Process of Investment Research and Execution
A complete investment research and execution process includes the following steps:
Collecting Information: Actively search for research reports, financing information, official channels, etc., to filter valuable projects.
Project Analysis: Research the background of the team, financing situation, development roadmap, and data performance to assess project potential.
Formulating Strategies: Calculate risks and returns, determine participation methods, how much to invest, and set profit-taking and stop-loss points.
Resource Allocation: Reasonably arrange human resources, funds, and time, and consider whether to leverage when necessary.
Review and Summary: After each operation, review and summarize experiences to optimize the next decision.
Gains:
Reviewing and summarizing is the easiest step to overlook but extremely important; it helps us identify shortcomings and continuously grow.
3. Active Information Sources and Passive Information Sources
Passive Information Sources: Simply passively receiving external information, which makes it easy to be influenced by chaotic and fragmented content.
Active Information Sources: With my own framework, I will actively seek and filter useful information for myself, such as focusing on smart VCs, team members, on-chain data, etc.
Gains:
Proactively acquiring information involves collecting and organizing information within one's own framework, making it more targeted and valuable.
4. Volume, Price, Resistance and Support Levels
Volume and Price: Observe the relationship between trading volume and price to determine market trends.
Resistance Level: When the price rises to a certain level and encounters a large number of sell orders, it is difficult for it to continue to rise.
Support Level: When the price drops to a certain level and encounters a large number of buy orders, it is difficult for it to continue to fall.
Operational Ideas:
Buying at support levels and selling at resistance levels can effectively reduce risk and increase returns.
5. Review and Continuous Optimization
After each investment or decision, conduct a review, analyze what was done well, where improvements can be made, and continuously optimize one's thinking framework and operational process. This applies not only to investment but also to writing, learning, work, and various other aspects.
Gains:
Reviewing and continuous optimization allow us to improve continuously in any field, forming our own efficient decision-making system.
Through this systematic learning, I have deeply realized:
Having a thinking framework, proactively acquiring information, and being good at reviewing and optimizing are key to improving investment research and decision-making capabilities.
In the future, no matter what kind of information flood I face, I can make choices more confidently and rationally.