Chapter 119 Adjustments when Building a Position
"Qualifying is the bottom line. There will be specific rewards for the excess profits. The reward method is 15% higher than the simulated trading. I will ask Director Shen to send the specific reward measures to your email later."
"Thank you, boss. That's great!" Upon hearing that there was a reward, the three of them shouted in unison.
"You're thanking too early. The rewards have been raised, and the penalties for failures will also be raised. Risks are directly proportional to benefits."
"Every 7 trading days is one cycle, which is about 4.5 cycles. Calculated based on 4 cycles, I don't care how many chips you collect in each cycle, whether you have 100 shares or you complete the position within one cycle."
"I only look at the average stock price. Take Dongfang Wealth as an example. For example, if the average stock price in the first cycle is 10 yuan, and Xiao Wang buys a full position at 10 yuan or buys half a position or even less, then you are qualified. But if your average cost is 11 yuan, even if you only buy 100 shares, you will not be qualified."
"Do you understand?" The reason why Gu Junhao asked this was that he wanted to collect as many chips as possible. Anyway, a certain amount of T funds was allocated to each person, and he also wanted to make them more flexible in their operations.
There is less than a month left before we enter the second half of 2014, and the 2015 big market trend will officially start in the second half of 2014.
There is not much time left for Gu Junhao. Fortunately, the total amount of funds is only 40 million, which can be dispersed among various stocks. It is not particularly difficult to build a position.
Gu Junhao didn't want to just build a position and then sit there doing nothing. The most important thing was to make use of the limited time and funds to add as many chips as possible during the fluctuations of about a month to maximize the profits.
In Gu Junhao's opinion, even if the first fund collects chips at the current highest price, there is no need to worry about profitability; the reason why Gu Junhao has such strict requirements on the three people is that he is considering it from the perspective of cultivating talents.
"clear."
"That's good to understand. If you fail to meet the requirements in three of the four cycles, you will be fired. If you fail to complete the position building task before the last trading day in July, you will also be fired."
When the words of direct dismissal came out, the three of them felt pressured; however, when they thought of the excess profit ratio, they felt that there was nothing wrong with the boss's arrangement.
In fact, this plan is somewhat unfair to Xu Jianqing and Liu Tingting. Both of them were assigned to unfamiliar new targets. Xu Jianqing still has 2 million yuan of funds for short-term needs. According to his personality, since the money is given to him, it is impossible for him not to take action.
However, there is no real fairness in the workplace. You can only endure some injustices, and what the boss says is everything.
Gu Junhao's serious words also made the three people look solemn; especially Xu Jianqing, who was used to smiling and frolicking , so suddenly he felt a little uncomfortable.
However, the three of them also understood that Gu Junhao was not only their boss, but also the founder of Junshi Capital. The company's profit must always come first, and Fund No. 1 was related to the company's survival. There was nothing wrong with such a request.
"Understood, boss. I will do everything I can to collect more chips." Wang Ruoyu was the first to express his opinion.
"I'll listen to the boss and do whatever he says. If I'm fired, I'll apply for the position of receptionist in the company." Liu Tingting was not nervous and said with a smile.
"Don't worry, boss. I won't let you embarrass you no matter what." Xu Jianqing also adjusted his mentality and expressed his opinion along with the two of them.
"Well, now that we've said what we need to say, let's get to work and try to create a miracle. 40 million is not a lot of start-up capital, but so what? I can make tens of millions with just tens of thousands of dollars, and you can do the same."
"Also, you have all signed the confidentiality agreement. You should all understand that today's conversation must not be leaked."
"Okay, that's it. Why are you two so serious? Look at Tingting. If you are fired, you can apply for a receptionist position. Can't you two think about applying for a cleaning position if you are fired? The salary for cleaning in our company is not low. It should be no problem to support you two single dogs."
Seeing that the mood in the operating room was a little tense, Gu Junhao also started to joke with his subordinates.
"Come on, she's not even as tall as the stool at the front desk. You won't be able to find anyone if she sits inside." Xu Jianqing curled his lips.
"What are you talking about? You're not that great. Just wait to snatch the job from the cleaning lady." Liu Tingting scolded with a smile.
Liu Tingting is not tall and looks petite. Any normal man would find her cute. Only someone with Xu Jianqing's personality would say such words.
"Okay, okay, let's get to work." Gu Junhao couldn't help but shake his head. Was it a wrong decision to let this guy be the team leader? Wang Ruoyu was much more stable.
After sending the three people away, Gu Junhao returned to his seat and started thinking; in addition to the positions of the three of them, he still had nearly 10 million yuan of funds in his hands. Among these funds, Hailanxin's position accounted for a small proportion, so the position could be completed in one go.
Wan'an Technology can be operated in waves. Its current stock price is around 10 yuan. According to the overall position plan, 4,000 lots can be purchased. Wave operation can hold more chips.
After all, the net value of the fund is related to the income of the entire company. It can be clearly stated in the subscription contract that if the net value exceeds 1.5, a 20% profit share will be charged; and when the net value exceeds 2, the standard of charging will be increased to 50% profit share.
With limited funds, you can collect more chips, so that the final net value of the fund will exceed 2, and doubling it will be no problem at all.
…
In June, except for the first trading day when Gu Junhao watched the market, he had no time to watch the market on the remaining three trading days. What Gu Junhao did not expect was that during the few days when he did not watch the market, both markets unexpectedly rose sharply last Thursday.
The Shanghai Composite Index rose 0.79% on Thursday last week, and the ChiNext Index surged 2.55%, both closing with a large positive line, and the ChiNext Index even broke through the 60-day line.
However, the two markets did not continue the upward trend last Friday, and both closed in the negative on Friday. Tonghuashun's performance has been average in the past few days. It rose 1.20% on Thursday and underperformed the market. However, it bucked the trend and rose 2.38% on Friday, closing at 13.78 yuan.
"It broke through the 60-day line, which is a good thing." Although the ChiNext Index ultimately closed down on Friday and failed to continue its trend, with this positive line breakthrough, there is hope after all.
Both markets continued to open low today, with the Shanghai Composite Index opening at 2024.94 points and the ChiNext Index closing at 1348.77 points today after falling from a high of 1362.98 last Friday.
"It looks like there will still be a pullback, but a pullback at this time is a good thing."
Only after a sufficient retracement can it be able to rise better. Looking at the trends of Wan'an Technology and Hailanxin, the two stocks also opened low today following the index; Wan'an Technology opened at 9.90 yuan, falling below the low of 9.95 yuan on the ex-rights day.
"It should be the second time to hit the bottom. You can ignore it today. Let's take a look at Hailanxin first."
Even though he was very familiar with Wan'an Technology, the price of 9.90 yuan was already very cheap, but Gu Junhao did not want to rush to build a position today.
Some unexpected things usually happen when the stock price bottoms out. It is safest to buy only after the trend stabilizes. The price of 9.90 yuan on the way down and 9.90 yuan on the way up seem to be the same, but they are actually not the same.
For ordinary investors, if you buy stocks on a downward trend, even if you think they are already very cheap, but on the second or third trading day, if the stock price is still falling, you may want to cut your losses.
"Anyway, the loss is not much, maybe I can make it back by selling my losses and switching to another one." This is the idea that most investors would have. Of course, Gu Junhao is not one of them. Gu Junhao is only considering the utilization and security of funds. Another reason is that Wan'an Technology's recent trading volume is too small.
After buying at 9.90 yuan on the way up, the stock price continued to rise day by day. Although some people would inevitably sell during this process, more people were free from the pressure of holding shares and losing money, and were more relaxed.
Without pressure, your mentality will be relaxed; the holding time will inevitably be extended, and the chances of making more profits will increase greatly. In an upward trend, the probability of stock prices taking off is still very high.
"It seems like Hailanxin has a good opportunity." Hailanxin No. 3 fell more than 5% on the ex-rights day, but it quickly recovered the big negative line on the ex-rights day the next day and closed at the daily limit.
Hailanxin did not have a bug like Yinzhijie. There were Dragon and Tiger Lists for three consecutive trading days starting from the 3rd. The data from the Dragon and Tiger Lists showed that hot money was deeply involved.
It is worth mentioning that Hailanxin has a huge trading volume. The smallest trading volume was on June 6, reaching 456 million yuan, and the trading volume on the 4th, the day of the daily limit, was the largest, reaching 704 million yuan.
"It only takes a few minutes to build a position of 2 million with such a large volume." Today, HaiLanXin opened at 14.10 yuan, which is the lowest price on the ex-rights day.
It is still some distance away from the lowest price of 13.85 yuan, and Hailanxin has been correcting for two consecutive trading days without breaking the positive line. Today's opening position is also good.
"Since Wan'an Technology is not opening a position for the time being, his 4 million quota can be temporarily transferred to Hailanxin, which will just be enough for the transaction volume."
Today is a good opportunity. Although there is a risk of a correction in the index, it is precisely because of this that Gu Junhao feels that Hailanxin is a good time to build a position.
Deposit 6 million yuan at one time. If you can ensure that the long-term positive trend does not break and the price rises for a few trading days, and then reduce the position by 4 million yuan, Hailanxin will be able to complete a one-time position with extremely low cost.
Of course, this also carries a great risk. If the stock price continues to fall and breaks below Changyang, Gu Junhao is likely to miss out on the market opportunity of Wan'an Technology. This is a matter of choice.
"14.10 yuan. Judging from the volume of the call auction, the probability of the price falling below 14 yuan today is not high. Let's try the opening price."
With 6 million in funds, the opening price was about 4,255 lots. With 10 million in available funds, Gu Junhao, who suffered from obsessive-compulsive disorder, placed an order for 4,300 lots of HaiLanXin at the opening price; the amount just exceeded 6 million.
