Chapter 13: Learn to Short Sell
"Not yet." Gu Junhao replied: "Now I have no house, no car, no money, and even no proper job. I dare not find a girlfriend."
"How could that be? You work so hard and you're so handsome." Zhang Yiru said with a smile, "But what you said is indeed a factor. It's impossible for a person to live his whole life by being handsome, so you have to work harder."
Gu Junhao nodded and said, "Indeed, nowadays when you are looking for a girlfriend, you can't just look at her face. You have to at least provide her with enough living security. It is impossible to have love and be content with life, but these things have to be done slowly."
"You have really matured a lot. I thought you would be disgusted when I said this." Zhang Yiru said with a smile.
"I grew up knowing the importance of money, so I don't think there's anything wrong with girls' material demands. As long as it's within your ability and you don't do anything illegal or against the law, it's normal to pursue the material things you want."
"I didn't expect you to think so much. You have indeed matured and changed a lot. I remember that you were quite shy when you were taking tutoring classes at my house."
Zhang Yiru was really happy. After four years, she was able to meet the big boy who used to take extra classes with her. Gu Junhao had also matured a lot. Her tentative words to encourage him did not arouse his disgust, and he was able to listen to them seriously.
"It's getting late. Let me take you home!" Gu Junhao looked down at the time and asked, "Are you renting a house outside or living in a dormitory arranged by the company?"
"The dormitory is arranged by the company." Zhang Yiru replied.
Then he stood up and followed Gu Junhao out of the cafe where there were not many people left.
Gu Junhao asked Zhang Yiru about her residential address, then hailed a taxi on the roadside and sent her back to the company dormitory.
"Huh? I just saw a man walking you home from the window? Did you go on a date?"
As soon as Zhang Yiru returned to the dormitory, her best friend Liu Ruihuan asked excitedly.
"What? He's my high school classmate, I met him by chance." Zhang Yiru rolled her eyes at Lin Ruihuan.
"High school classmate? I haven't heard you mention that. When did you have such a handsome high school classmate?"
"We haven't seen each other for several years, and this time we ran into each other by chance."
"You look so happy, do you have any feelings for her?"
"No, I was just surprised to meet my old classmates. I haven't seen them for so many years, what can I think?" Zhang Yiru argued.
At night , Zhang Yiru lay in bed unable to sleep.
"Huanhuan, are you asleep?"
However, her best friend did not respond to her, obviously she had fallen asleep. Zhang Yiru felt bored, turned sideways, and started playing with the mobile phone on the bedside table.
She opened the chat software and saw that the friend request she sent when she came back earlier had been approved by Gu Junhao, and she couldn't help but feel happy.
"have you slept?"
Zhang Yiru clicked on Gu Junhao's avatar and typed in the chat box, but when it came to sending the message, she hesitated again.
"It's too late. Let's send it tomorrow!" Zhang Yiru glanced at the time displayed on her mobile phone, warned herself in her heart, and then deleted the words in the chat box.
Then, she clicked on Gu Junhao's space and browsed the updates and footprints in the space. There were very few updates in Gu Junhao's space, basically some work-related reposts, and almost no topics related to life.
"This guy is so boring." Zhang Yiru muttered, and finally couldn't resist the sleepiness anymore, put down her phone, and fell into a deep sleep.
On Monday, October 21, 2013, a new week of trading began. The chance encounter with Zhang Yiru at the weekend did not cause much waves in Gu Junhao's heart.
For Gu Junhao at this moment, making money is his only goal. Although Zhang Yiru is very beautiful, Gu Junhao can also feel the tentative words she made to him during the conversation.
But for me at the moment, love is not a necessity. As for how it will develop in the future, I will just let nature take its course.
Influenced by the small rebound last Friday, the market trend was good today. After the call auction ended, the ChiNext opened higher and reported at 1358.88 points.
Wangsu Technology was also affected by the ChiNext Index, opening at 71 yuan, up 1.6%, which was a good start.
After the opening, the ChiNext Index continued to rise and Wangsu Technology also ended its adjustment. After the opening, one buy order after another made Wangsu Technology rise rapidly.
At 9:40, Wangsu Technology's stock price reached 74.50 yuan, breaking through the previous high of 74.19 yuan, which was a good start.
Then the market adjusted at this position to digest some of the previous trapped positions and profit-taking positions. Overall, the market showed a strong willingness to go long.
At 10:20, Wangsu Technology's adjustment was over, and a buy order of 3,000 lots once again brought the share price of Wangsu Technology to 74.50 yuan.
Then there was a pause of less than a minute, and several buy orders of 1,000 lots appeared on the market again. The stock price rushed up in a straight line again, reaching a new high of 75.84 yuan, with a daily increase of 8.58%.
"It looks like the stock will hit the daily limit today. The trend is so good." Gu Junhao couldn't help but feel delighted when looking at the market.
Sure enough, after a pause of more than ten minutes, Wangsu Technology once again received several large buy orders at 10:10, and the stock price quickly rose to 76.84 yuan, a daily increase of 10.01%.
"Sure, it's very strong today." Looking at the 1.5 billion yuan of funds on the daily limit of Wangsu Technology, Gu Junhao pondered.
But we still have to be careful and not be careless. Jintianlu bought nearly 170 million in the previous trading days. With today's daily limit, his profit should be more than 10%. There is no guarantee that these people will not dump the market, as well as the institutions that shipped goods in the previous trading days.
After watching the market for more than ten minutes, I found that sell orders started to appear after the price was closed, and the orders on the board decreased little by little.
"It looks like the price can't be contained, so I'll sell it first. It might as well be a T." Thinking of this, Gu Junhao sold his 4,500 shares of Wangsu Technology at the upper limit price of 76.84 yuan.
After clearing out all his holdings in Wangsu Technology, Gu Junhao's account funds had reached 350,000 yuan. His profits in October were booming, and he was only 30,000 yuan away from doubling his profits within the month.
At 10:50, there were only 500 shares left on the Wangsu Technology board, and the board was about to be opened. As trading continued, the 500 shares of the order were eaten up, and Wangsu Technology was delisted.
At the morning closing, Wangsu Technology closed at 76.52 yuan, up 9.5%. In the trading after the opening, the amplitude was too small, and Gu Junhao did not choose to take back Wangsu Technology, and could only wait for the opportunity in the afternoon.
At one o'clock in the afternoon, the two markets continued trading. After being very close to the daily limit, Wangsu Technology did not choose to close the limit, but chose to follow the index adjustment, and the range of adjustment was much greater than the index.
Throughout the day, the ChiNext Index surged 3.78%, re-crossing the 1400 integer mark and closing at 1400.97 points.
Wangsu Technology closed at 75 yuan, up 7.37%, with a turnover of 377 million yuan. Gu Junhao also chose to buy back Wangsu Technology at 74.70 yuan in the closing price, and his holdings reached 4,600 shares.
"Good, I bought 100 more shares today, and there is more than 6,000 yuan left in the account. If there is a chance tomorrow, I can do T." Looking at the account, Gu Junhao smiled with satisfaction.
After the market closed, Gu Junhao reviewed the market and did not post his transaction screenshots. He simply chose to update the post with a sentence: "Continue to hold Wangsu Technology today, with a daily return of 10%+."
The reason for this choice is that after reviewing the market, Gu Junhao cannot confirm whether the ChiNext has completed its adjustment. This is a question of short-term direction selection. Not posting transaction screenshots means that he does not want to mislead everyone too much.
After a speechless night, it’s Tuesday, and yesterday’s uncertainty has finally come true.
The ChiNext Index opened high at 1401.47 points today. Just when retail investors thought that the ChiNext would continue to rise, the index did the opposite and went down after opening high.
After reaching a high of 79.60 yuan, Wangsu Technology did not choose to attack further, but turned downward.
The market trend was very bad, and combined with the results of his own review, Gu Junhao finally determined that the ChiNext was about to undergo a relatively large adjustment. He chose to liquidate Wangsu Technology at 79 yuan and decided not to take it back for the time being.
Compared with yesterday's big rise, today's market was extremely ugly. The ChiNext opened high and low throughout the day, and finally closed at 1350.47 points, down 3.6%. The K-line showed a huge negative line, almost reversing yesterday's rise.
Wangsu Technology also closed with a high-level cross negative line. After creating a high of 79.60 yuan, it finally closed at 73.86 yuan, up 1.52%, and the transaction volume also reached 421 million yuan.
Individual stocks and indexes have shown such an ugly trend, and the adjustment trend has become unstoppable. In this case, shorting is also a good choice.
In this market, sometimes you have to learn to hold short positions. When the adjustment trend can no longer be stopped, you have to stay away from the market and wait for opportunities. The harder you work in the stock market, the more money you can make.
"It's 370,000 now, what a pity, I'm only 10,000 yuan away from doubling it this month. I don't know if there is still a chance." There are still seven trading days left this month, and I don't know when the ChiNext will be adjusted.
After the market closed, Gu Junhao sent screenshots of his delivery notes and position status to Taoguba.
"The ChiNext will adjust soon, so I chose to liquidate my position today. The total funds are currently 370,000 yuan. Unfortunately, I am only 10,000 yuan short of doubling my capital."
After posting, Gu Junhao continued to review the market. The big negative line of the ChiNext Index today was very demoralizing. If the market performs well at the opening tomorrow, this wave of adjustments will stop near the 20-day line and will be limited to adjustments within the month.
But if the performance is not good after tomorrow's opening, it is likely to adjust to around the 60-day line, which is around 1,200 points. The range of adjustment will be relatively large.
From above 1400 points, it adjusted to around 1200 points, with an adjustment range of more than 15%. However, it seems that the overall increase in the ChiNext has been huge, and huge profit-taking has accumulated. It is indeed necessary to make an adjustment and exchange chips before continuing to attack.
However, in this process, most of the retail investors will be in trouble again.
After reviewing for a while, I switched the interface to Taogu Bar again and found that there were already a lot of messages.
"Too strong, basically running at the highest point, even with the sharp drop in the ChiNext today, Brother T didn't suffer any losses."
"It's hard to say, this rate of return is really speechless. It has almost doubled in less than a month."
"It's nothing. Because the capital is small, I can enter and exit with full position every time. In addition, the T level is not bad, so I can get such a rate of return. However, if the capital is large, it may not be the case."
"Don't be so jealous, the guy above, you make it sound so simple, why don't you try making one?"
"Is it so hard to admit that others are excellent?"
"By the way, you guys were so busy arguing that you didn't notice what Brother T said? Brother T has already cleared his position. Does that mean he is not optimistic about the market outlook?"
Seeing this comment, Gu Junhao replied: "I continue to be optimistic about the market outlook, but specifically for the ChiNext and Wangsu Technology, I think there is an adjustment here, so I choose to temporarily clear the position."
Most of the transactions today are in a losing state. Once Gu Junhao’s post came out, it seemed to stand out from the crowd. Not to mention that the intraday high was missed, and because of the National Day this month, there are only eleven trading days so far.
In eleven trading days, I caught a stock in the main upward trend and did T in it. I reaped all the gains and at the same time, through the strong T-doing ability, I also took in almost all the volatility. This style of play can be described as powerful.
You should know that those who hang out in Taogu Bar and have high returns within a month basically earn high returns by frequently changing stocks and making short-term quick entries and exits.
People like Gu Junhao, who only invests in one stock and can get high returns, are rare in Taoguba.
Therefore, Gu Junhao’s posts today are more lively than those in the previous trading days. It is not uncommon to make money when the market is good, but it is particularly precious to be able to maintain profitability during periods of bad market conditions.
When it was evening, Su Mingyu also saw the post and discovered that Gu Junhao had run away. He seemed a little panicked.
"This guy actually ran away? Didn't he see more than 100 yuan? Has his logic changed? Should I run?"
Although the current price is much higher than the expected price of 60 yuan, once you have new expectations, you will inevitably worry about gains and losses.
Su Mingyu was a little confused at this time. After thinking about it, he left a message in the post: "Didn't Brother T expect the price to exceed 100 yuan before? Why did you sell out? Can you reply to my private message?"
Feeling that it was not safe enough, Su Mingyu also sent another private message to Gu Junhao.
Su Mingyu was lucky. Gu Junhao had nothing to do tonight, so he was watching a movie while refreshing the Taogu Bar, so he was able to see Su Mingyu's posts and private messages in time.
As the number of fans increased, Gu Junhao received more and more private messages. Normally, he would not read them, but after all, this was his first fan, so the comments were always very friendly.
I opened the private message box and found a private message from Mephillis. The private message was the same as the post, except that he added a sentence saying that he had no time to check the market because he had classes during the day, so he missed the high point and has not sold yet.
"She's actually a student? A college student? There aren't many college students who trade stocks these days."
