In the next few weeks, I’m going to start researching US stocks, because I promised a friend that I would train them in US stock trading. Even though I’m not a professional, I believe that in the future I will become one. My confidence comes from my own growth in the crypto world. I’m also doing risk management—if the crypto market doesn’t work out, there will be another way out. But personally, I still have a lot of confidence in the crypto world. The logic of trading—plus contracts—and doing crypto is the same as doing US stocks. I previously researched US stocks and A-shares, and honestly, it’s basically the same as the crypto world. Maybe some people think crypto is more low-end, while US stocks are more high-end.

This time’s learning is also a challenge for myself, and an opportunity to improve. Even though I know the methods are the same, I still need to spend time accumulating the basic knowledge. And I also need to step out of my comfort zone again.

First of all, learning means learning the English abbreviations for US stocks and the corresponding full Chinese names. This is the same as in the crypto world. In the crypto world, the names of coins and projects usually aren’t the same. If you don’t understand that, you won’t be able to make sense of a lot of the information in the news—because the news will talk about the project name. If it doesn’t match the coin, it’s essentially like you didn’t really look. There are more than 4,000 stocks in the US market, and you have to remember them all. Then researching sectors and tracks is also the same as in the crypto world. Since it’s more of something tangible, you’re generally more familiar with it, so you still need to map and memorize it using Chinese-English side-by-side comparisons. Next comes researching earnings reports. This part basically doesn’t exist in the crypto world, but I studied accounting-related content on my own before—earnings reports, and the balance sheet—so it’s not that difficult either. I still need to learn the corresponding English and Chinese side by side.

The technical analysis is pretty much the same—just like how I analyze big caps and copycats.

When I think back to the past when I was learning technical analysis and researching the crypto market, those experiences come back to my mind. To be honest, reading and studying really does have benefits. My undergraduate and graduate studies gave me the ability to self-study and also the ability to do research. With that already, plus the English proficiency I have, I have enough foundational capability to support cross-domain learning, so I can jump across industries.

Keep going—encourage yourself!