Financial module: cash flow simulation game
In the morning of August 10, 2015, director of training department of China Finance and Education Development Foundation, Mao Nini, showed the campers a special financial module lesson. She didn’t tell too many theories, but let the group experience the charm of the financial management through a cash flow game.
Under the guidance of Mrs. Mao, the campers learned a lot from the exciting game. Mrs. Mao said: “even Buffett can’t make his return on the investment up to 100%. He can be excellent, because he can make his return on the investment around 20% stably. And that is the most difficult thing.”
In the stock market, the human subjective intention, for example, human nature plays an important role on the price of stock. And it can’t be predicted exactly. So it’s important that we have self-control. As Mrs. Mao said, the really excellent stock trader can sell the stock not only at a loss, but also in profit. Win or lose also depends on human character.
After that, the campers played another game to see that one minute in our heart has a big difference with the real one. And it’s same with the stock market. Intuition always leads to wrong judgment. It’s important that we realize that the trade of others is just a reference, and the final action must follow the most real judgment.
Finally, Mrs. Mao made a conclusion about how to win in the stock market. First, only the ones with faith and principles can get profit in the market. Second, excellent self-control can make us curb our greed, and leave the market in time. Third, we should think long-term, not care about short-term gains and losses, so that we can avoid unnecessary risks. The stock market is unpredictable. Only we trust our judgment, and never stop our try, can we perform better and better in the stock market. |
