Chapter 120: Position Building on Adjustment Day
Taking into account the huge trading volume of Hailanxin, Gu Junhao did not split the 4,300-lot order into various small buy orders of 300 and 200 lots as before, but placed four orders of 1,000 lots and one order of 300 lots.
Calculated based on the minimum daily trading volume, this purchase volume is just a fraction and will not cause too much fluctuation, so there is no need to place too small an order to affect the transaction speed.
At 9:30, trading began. A sell order of 1,754 lots from Hailanxin quickly appeared, and Gu Junhao's pending order was traded for 1,300 lots without any warning.
Before they could react, another sell order of 2,000 lots came in, directly driving Hailanxin's stock price down to 14.01 yuan. The two large orders were also accompanied by a series of small orders.
However, at this time, the lowest price of Hailanxin's stock price did not fall, and it still stopped at 14.01 yuan, and it has rebounded.
"It's more refreshing to do this kind of large-volume transactions. This is a bit like the feeling of the future."
Less than a minute after the opening, Gu Junhao's buy order of 4,300 lots was executed at a cost of 14.05 yuan; in less than two minutes of early trading volatility, Hailanxin's stock price gradually rebounded to the opening price, and there was sufficient trading volume on the market.
At the same time, the Shanghai Composite Index continued to fluctuate at a low level, and the ChiNext Index opened low and fell rapidly; most of the ChiNext stocks showed a unilateral downward trend.
"Today's trend is a test for the three traders." Gu Junhao looked at the other three people in the operation room, and all of them had serious expressions.
On the first day of actual trading, they encountered a unilateral downward trend. How to build a position and at which point to build a position, coupled with the pressure of KPI, was an extremely challenging task. Even the usually cheerful Xu Jianqing had lost his usual carefree attitude.
However, Gu Junhao does not intend to guide them. When they are operating the simulation trading, he will not give them instructions; the same is true for the real trading, he can give them the opportunity to trial and error.
At 9:33, Hailanxin's stock price rose to 14.20 yuan, the K-line turned into a red cross star, and the trading volume remained at the opening level, with a lot of major buying; the possibility of falling below 14 yuan in the morning was not great.
Gu Junhao's eyes rolled as he thought of something. He then said to the three people, "How are you, the rookies who are doing real trading on the first day? I have already completed the position building of a stock. I will use it to compete with you guys when the time comes. Okay, I'm leaving first."
In addition to being a fund manager, Gu Junhao is also the general manager of Junshi Capital. Since the fund operation has ended today, there is no need for him to stay in the operation room.
There are still many things waiting for him to deal with outside, but before leaving, Gu Junhao decided to prank the three of them to add some pressure to them.
Seeing that the boss had left in style, the three of them looked at each other. After a while, Xu Jianqing said, "It's unlikely that the boss fooled us. He built positions in Wan'an Technology and Hailanxin. We don't know which one he built. We will analyze it after the market closes."
"Well, the boss's tone just now showed that he was very confident. He dared to compete with us. The cost of building a position must be very low. This puts us under a lot of pressure."
"Hey, the boss really doesn't know how to be gentle with women. It's fine if he mocks you two, but I'm a girl after all. It's my first day of real trading, and you don't even give me face."
"Xiao Xu, Tingting, today's market is not very friendly to us. We have to hold steady. The boss is obviously trying to mess with our mentality. I don't believe that with today's one-sided decline, how low the cost can be for him to open a position early in the morning."
"Who are you calling Xiao Xu? Call the team leader."
"Fuck you, just look at the plate."
"Hey, I also want to take a good look. The boss has messed up my mindset. What kind of person is he? He messes up his own mindset. I finally understand why he can make so much money in the market. This guy is too ruthless ."
"I'm the worst off. My stock trading volume is very small, not even 100 lots." The speaker is Liu Tingting. The trading volume of Xibu Securities is indeed sluggish. The last day with a trading volume of over 50 million was on the 28th of last month.
In the morning session today, the trading volume of Xibu Securities was less than 2 million. Based on yesterday's trading volume, the amount of 7 million is almost one-fifth of his trading volume. It will be difficult to complete it in a short period of time.
Xu Jianqing also has a difficult task. After days of adjustments, Yinzhijie's stock price has been falling and the trading volume has fallen below 100 million yuan. This morning, the volume has shrunk to around 3 million. In addition, due to his familiarity with the target, Xu Jianqing is currently only tentatively building a position of 100 lots at 16.20 yuan.
This is only him. If it were Wang Ruoyu or Liu Tingting, they would definitely not make a move today. While Xu Jianqing had no chance to make a move, he also set his eyes on the 2 million short-term funds and prepared to look for short-term targets. This was what he had always dreamed of.
Wang Ruoyu is the calmest among the three. Dongfang Wealth has been doing simulation trading for such a long time that he is already familiar with the stock characteristics. In terms of trading volume, Yinzhijie and Xibu Securities cannot compare with it. The recent average trading volume of Dongfang Wealth is close to 500 million per day.
Regarding today's unilateral downward trend, Wang Ruoyu's idea is to wait. It is easy to make mistakes if you act during the trading session, so it is better to buy at the end of the trading session. Even if the purchase price is higher, it is safer in terms of certainty than during the trading session.
"The central bank has once again announced a targeted reduction of 0.5 percentage points in the reserve requirement ratio for commercial banks that meet business requirements and have a certain proportion of loans to agriculture, rural areas, farmers or small and micro enterprises."
There has been another targeted reduction in the reserve requirement ratio. It seems that the monetary easing policy is getting closer and closer. These are just appetizers. Gu Junhao came out of the operation room and returned to his office. On his desk were various information collected by Xu Yan and sent by his assistant Li Xinyu.
Recently, Gu Junhao's instructions to Xu Yan are to collect as much macroeconomic information as possible, without having to limit himself to A-shares.
Everyone knows that A-shares are a policy market . Although Gu Junhao knows the general trend, some details still need to be compared with current economic data, news announcements, etc. in order to better interpret the general trend.
Today, most of the stocks on the ChiNext showed a trend of adjustment with shrinking volume, and the same was true for Tong Huashun. Tong Huashun opened low in the morning and then maintained a low-level oscillating trend, as if it had returned to the previous few trading days.
Throughout the morning, Tonghuashun's lowest price was 13.60 yuan, and the highest price was no more than 13.80 yuan; the trend was still above the five-day line. Today, Tonghuashun's performance was slightly better than Dongfang Wealth.
With 13,850 shares, Tong Huashun currently has a market value of nearly 19 million, with no major losses. In the busy months of May and June, the narrow range of fluctuations in Tong Huashun actually gave Gu Junhao more time to focus on other things.
But judging from the K-line trend, Tonghuashun is actually in a gradually rising state. Excluding the first few trading days after the ex-rights period, although Tonghuashun's maximum increase does not exceed 4%, its decline will not be large when it pulls back.
Apart from the 4.50% plunge on May 29, Tonghuashun's biggest correction was only around 1% today. But on the eve of May 29, Gu Junhao was lucky enough to significantly reduce his holdings.
This is the trend that Gu Junhao often talks about: fast is slow, slow is fast. The stock price seems to have not changed much, but from the flat price of 12.86 yuan on the ex-rights day of May 16, the increase to today is nearly 7%.
"If there are no major accidents, the private account should be able to get directly to 2015, right?"
However, Gu Junhao also knows that such an idea is somewhat unrealistic. Tonghuashun currently has no signs of increased trading volume, and the average daily trading volume is around 100 million yuan. If there is no large-scale increase or large-scale decrease to clean up the market, such a trend cannot be maintained.
Judging from the trend, Tonghuashun will most likely experience two washouts; the current price is around 13.70 yuan, and the actual price is infinitely close to the high point of 27.50 yuan after the ex-rights.
Judging from the fact that Tonghuashun is currently moving slowly upward and gradually stabilizing on the five-day line, it is highly likely that a new high point will be created, and there will be a certain increase in volume, and then it may gradually reduce the volume and adjust.
This is the first wash-out process. The second one should be the time to fill the rights in a real sense. After passing the high point of 27.50 yuan, after two stages of wash-outs, the chips will be more concentrated. Combined with the general trend, Tong Huashun’s stock price can take off in a real sense.
After observing the trend of Tong Huashun, Gu Junhao looked at the trends of the three stocks that the trio needed to operate today; except for Dong Fang Fortune, which had a large drop, the other two were fluctuating in a narrow range like Tong Huashun.
In addition, HaiLanXin, in which he had already built a position, has now risen to the red market and did not break the integer of 14 yuan during the morning trading period, which was in line with Gu Junhao's prediction.
"I don't know how the three rookies are doing now." Once you leave the trading room, you can't enter again, not even Gu Junhao himself is an exception.
Although Junshi Capital is a start-up company with a small scale and only manages one fund with a scale of less than 100 million yuan, everything is done in accordance with large public funds and all operations are strictly regulated according to industry regulations.
This is also to prevent the occurrence of insider trading to the greatest extent. The three fund operators are not allowed to have personal stock accounts. As for their immediate family members, Gu Junhao currently does not have such great power to eliminate them, but the three have signed confidentiality agreements, so they should understand this aspect.
In fact, strictly speaking, Gu Junhao's personal account should also be cancelled, but this is also a historical problem. It is not a big problem for temporary use, but if he wants to develop public fundraising business in the future, his account still needs to be cancelled.
As one of the core departments of Junshi Capital, every workstation in the trading room of the Fund Business Department is equipped with cameras, but under normal circumstances, Gu Junhao would not check them.
Although Gu Junhao also wanted to know how the three of them would perform at this moment, he decided not to start the conversation; once something is done, one will slowly get used to it and gradually break through one's bottom line.
Gu Junhao could empathize with the feeling of being watched by his boss through cameras during working hours. If it were not for the special nature of his industry, Gu Junhao would not be willing to do this.
"I hope they can get through this . Today's decline may not be a bad thing for them." Gu Junhao couldn't help but think.
