Speculation in stocks is a smart person?

Stock speculation is not necessarily very smart, but want to make money stupid can not really make money, the reason is very simple, the stock to make money by the use of professional knowledge, must have very professional knowledge to play well, other professional areas of the smart people to speculate on the stock market to lose money just on behalf of those who lack of professional knowledge, and stupidity is not related to the use of professional knowledge to make money is a good use of professional knowledge, is a professional. Stocks are the most difficult to get started, because the knowledge involved is too wide, on the chart analysis will need time to slowly specialize in this just the most basic technical analysis, the technical analysis of a period of time after you will naturally find that do not match the fundamentals, policy, financial, psychological, and so on you will be very confused, but you do not start from the technical first, the first Warren Buffett's value investing you'll be even more confused. After playing a period of technical analysis, and then learn value analysis, this will be twice the result with half the effort, technology is actually buying and selling time points, value is the basis for the future rise! One is indispensable, in the stock run in a variety of news impact, the impact of the market, the psychological impact of speech, etc., need to be the study of human nature and money management! Stocks a great learning, basically you fry stocks for a period of time, we read the news, read the news you will be to the stock market inside the stock market and the general public thinking is not the same! The stock market is a great learning, just the average person does not feel the stock market learning where, and even think it is a casino!