At 9:25, the call auction ended and the market opened higher twice; the Shanghai Composite Index opened at 2070.70 points and the ChiNext Index opened at 1384.16 points.
"Something is not right, boss. Today's sentiment doesn't seem to be about to fall back. Instead, it seems like it's going to surge." Xu Jianqing stared at the big screen. Today, most stocks in the two markets opened high, market sentiment was high, and various abnormal movements occurred frequently.
Among the stocks held in Junshi Fund account, all opened higher except Hailanxin, which opened sharply lower at 16.60 yuan, down 3.31%.
"There's nothing wrong with it. If you want to destroy a person, you must make him crazy. But you two are lucky. You have the opportunity to reduce your positions today." Gu Junhao also stared at the screen.
Emotions reach a high point before every pullback. Today’s opening made Gu Junhao even more certain that a pullback was bound to come!
As for HaiLanXin, I thought it would pull back last Friday as so much capital fled. Today it opened significantly lower, and there were large orders in the call auction, indicating that the main force has a strong desire for a pullback.
"This group of funds is quite smart. They knew to run away in advance." Gu Junhao couldn't help but sigh. The large-scale exodus started last Friday, and they should have almost run away. There is never a shortage of smart people in the market.
After the opening, blue-chip stocks took the lead and the index opened high and continued to rise; small and medium-sized innovative stocks remained sideways, and the four holdings of the fund had mixed gains and losses.
Hailanxin's stock price was sluggish, and after opening low, it quickly fell to around 5%. The trading volume and turnover rate dropped significantly compared with the previous trading days.
"It's hopeless. This is how it will be today. It will be a good thing if there is no big drop." Gu Junhao judged after looking at the trend of Hailanxin.
But I only have the bottom position left, so I will buy back the 1,000 lots I sold before after the adjustment is completed.
"Boss, what should we do?" Xu Jianqing saw that the market index continued to rise, while the stocks he held had been fluctuating around the flat price. He suddenly didn't know what to do. It was really because Gu Junhao's tone of judgment about the pullback was too confident.
"Wait a little longer, don't take any action." Gu Junhao called up Yin Zhijie's trend and gave the order.
Although the funds were attracted by the weight, and the performance of small and medium-sized start-ups was sluggish, there were not many large orders on the trading market. On the contrary, some small stock funds were frequently testing the market.
"Ruoyu, you too, Dongfang Wealth should wait a little longer. Tingting will not make any operations today." Gu Junhao had seen the unusual movement of Tong Huashun on the big screen during the early call auction. He also took a look at the trend of Tong Huashun just now. It opened high and then went back to test the bottom.
Although Dongfang Wealth's performance today was not as impressive as Tonghuashun's, it quickly rose to more than 1% and traded sideways during the early trading session; as for Xibu Securities, it still maintained its amplitude range of less than 2% today. The reason why it closed in the red was most likely affected by the sector.
"Okay, boss." Wang Ruoyu and Liu Tingting answered. Wang Ruoyu was fine. He had no intention of taking any action based on the morning trend of Dongfang Wealth.
Liu Tingting was a little disappointed. She originally thought that this week would be her chance to show her ability, but she didn't expect that there would be no opportunity today.
"Don't worry, there are plenty of opportunities." As if sensing Liu Tingting's emotions, Gu Junhao comforted her.
"Okay, I get it. Boss, you're not going to do anything today?" The boss of Hailanxin has completed his position building. Logically, he should have built a position in Wan'an Technology today, but it seems that the boss has not made any movement.
"Well, the fund account is not operated, but I also have a personal account, have you forgotten?" Gu Junhao said with a smile.
"Oh, yes. Boss, what's the situation with your personal account? I haven't seen any movement in a long time. Is your account empty?" Xu Jianqing asked curiously.
"No, the warehouse is fully stocked."
"Boss, this is awesome! The personal account is either all-in or on the way to all-in. Which stock did you buy? How much did you make recently?"
"Tong Huashun, I really don't know how much I have earned." I haven't checked Tong Huashun for more than a week. There was not much change in Tong Huashun last week, and no operations were made. Gu Junhao really couldn't tell how much profit he had made.
The reason why he told them which target to buy was actually for Xu Jianqing to hear. This guy had a quota of 2 million and could freely choose the target. Gu Junhao was also afraid that he would target Tong Huashun in the future and do short-term trading.
"Uh, I thought so. No wonder you told Xiao Wang not to move, boss." Several people also noticed Tong Huashun's unusual movements in the morning. It was impossible for the three people who had been doing simulated warehouse work for a while with Tong Huashun from Dongfang Wealth, not to know about it.
"Oh, what a pity! If I hadn't been worried about Yin Zhijie getting into an accident this morning, I would have joined Tong Huashun. Now I have no chance." Xu Jianqing also understood the rules. In order to avoid risks as much as possible, he had to listen to the boss's requests.
"Um, Boss, if you buy any stocks with your personal account in the future, you have to tell me in advance. It would be bad if I buy your stocks."
"Don't worry, you can choose any one you want. During the fund closure period, my personal account will only hold Tong Huashun." When managing a fund, there is no time to change stocks. Just make enough of this one, that's enough.
"Boss, are you so optimistic about Tong Huashun?" Liu Tingting asked curiously. The fund has been closed for a year, but the boss has no intention of exchanging shares and has been holding on to this stock.
As far as I can remember, the last three times that the boss held shares, except for Zhongqingbao, all of them did not exceed one year. Could it be that Tonghuashun can also reach such a high level?
"I am more optimistic about Dongfang Wealth. I gave up on it and chose Tong Huashun for the sake of fund returns." Gu Junhao did think so at the time. Since the fund established its position later than he did, he finally chose Tong Huashun to avoid suspicion.
Liu Tingting and others are very familiar with the fundamentals of Dongfang Wealth. Gu Junhao has talked to them more than once about buying Dongfang Wealth if they don’t know what to buy.
Several people could understand using Tong Huashun to replace Dong Fang's wealth.
"That means we two don't have to do anything. Ruoyu, work harder and get more chips. The fund's performance depends on you." Liu Tingting said with a smile.
"Boss, if the 40 million yuan of funds in the fund were all your own, what would you do?" Xu Jianqing suddenly asked.
"They are all mine, of course I'm going to go all in with Dong Fang Wealth." The 40 million are all his. After one round of Dong Fang Wealth, he will have a total of 400 million in funds, and he can do whatever he wants with it afterwards.
"The boss is still the same all-in freak. It doesn't matter how much money he has..."
"In fact, it is also because of the large transaction volume of Dongfang Wealth. It is actually very simple to deposit 40 million in several trading days." Dongfang Wealth now has an average daily transaction volume of over 400 million. If 40 million of funds are used to build a position, it can be done quietly in at most 10 trading days.
"In fact, the fund really restricts the boss's performance. Those who say on the Internet that the boss can't play with big funds are really frogs in the well."
In the opinion of the three, they don't know what will happen after the funds exceed 100 million, but for funds below 100 million, the boss will definitely have no problem and even dare to go all in on a stock. The various rules of the fund really limit the boss's performance.
There was no trading in the whole morning. Everyone watched the market and chatted at the same time, and ended the morning trading in this way. The overall market conditions in the morning were good, and the index continued to rise driven by its weight.
The fund's holdings had mixed gains, with Xibu Securities up 0.18% and Hailanxin closing at 16.72 yuan, down 2.53%. Although these two holdings did not perform well, two major holdings performed well, with Dongfang Fortune closing at 11.92 yuan, up 3.11% and Yinzhijie closing at 17.50 yuan, up 3.94%.
Hailanxin's performance was sluggish in the morning. Except for a surge to around 17 yuan, it remained around a 3% drop throughout the morning. However, the takeover rate remained high, reaching as high as 10%.
The Internet finance sector saw unusual movements during the trading session. Oriental Fortune, one of the leading stocks, also saw unusual movements and an increase in volume during the same period. However, Gu Junhao still asked Wang Ruoyu to remain motionless.
Tonghuashun moved unusually in the morning today, and the Internet finance sector moved unusually again during the trading session. There is no rush to reduce your position. You can wait and see in the afternoon. If there is a chance, you can sell it at a better price. Tonghuashun closed at 14.05 yuan at noon, up more than 4%. Dongfang Wealth has better fundamentals than Tonghuashun, and the probability of continuing to rise in the afternoon is still very high.
Although there was no change in the volume and turnover of Yinzhijie in the early trading session, its performance today was also good, maintaining an increase of more than 2%. With this trend, coupled with the good sentiment today, there is no need to rush.
"Have a good rest after dinner. Ruoyu and Xiao Xu will be preparing to reduce their positions in the afternoon." Gu Junhao instructed Xu Jianqing and Wang Ruoyu while eating.
"Okay, Xiao Wang is really lucky. I think you will have a chance to go higher in the afternoon." Xu Jianqing looked at Wang Ruoyu with envy. After going through the panic period and gradually calming down, Xu Jianqing knew exactly what the unusual movements of Internet finance concepts during the trading session meant.
"It seems that you have no chance to avenge yourself this week." Wang Ruoyu said with a smile.
"Oh, it looks like I, Team Leader Xu, will have to be second in command again." Xu Jianqing sighed.
"That's not necessarily true. I didn't perform well last week, so I gave you guys a week. This week you will be the last one." Liu Tingting said domineeringly.
In the first half hour of the afternoon session, the heavyweights continued to show their power, and small and medium-sized start-up stocks maintained their follower posture; however, after 1:30, affected by the sentiment, small and medium-sized start-up theme stocks also collectively exploded.
However, Yin Zhijie showed his uniqueness again today. He was the first to surge at the opening at 1:00 p.m. In just ten minutes, Yin Zhijie's increase exceeded 5%, but the volume never increased.
"Xiao Xu, be prepared. You will start reducing your positions at 1:30 pm. Your positions will drop to 10% of the existing positions." For this kind of rally that cannot be expanded in volume, a pullback is inevitable. Taking advantage of this opportunity to sell will make it easier than when it falls. The sell order of 1,800 lots should not be difficult to sell.
"Okay." Xu Jianqing didn't expect that the boss would ask for such a large reduction in holdings. This shows how pessimistic he is about the market. With today's increase, it is really incomprehensible what the boss is thinking, but he just has to execute it.
"Set the price at 18.35 yuan per transaction." Gu Junhao gave another order. He reduced his holdings at the last limit price of 18.35 yuan, and now the share price of Yinzhijie has reached 18.17 yuan. It should not be a problem to break through the last limit price.
Xu Jianqing didn't say anything and started to execute orders, and Gu Junhao ignored him. It was already half past one and the market was moving again. The market this afternoon was even more exciting than this morning.
At 13:30, Tonghuashun, the best performing stock in the Internet finance sector today, was the first to move, launching like a rocket during the trading session. Seeing this, the main funds of Dongfang Wealth seemed to be unable to sit still, and tens of thousands of buy orders quickly appeared, with a momentum to regain the lead.
"There are unusual movements on the market, keep an eye on it, Ruoyu." Gu Junhao reminded.
"Okay, boss." Wang Ruoyu responded, holding the keyboard in his left hand, the mouse in his right hand, and his eyes fixed on the screen.
"Don't be nervous. The trading volume has increased a lot today. You can sell those chips with your eyes closed." Liu Tingting, who had nothing to do, appeared behind Wang Ruoyu and said.
"Um."
Tong Huashun's performance seemed to have been overshadowed by Dong Fang Fortune. After rising and falling, it began to fluctuate sideways, while Dong Fang Fortune continued to rise step by step. At this time, the increase had reached more than 5%, which was comparable to the increase of Tong Huashun.
"Boss, I've sold all my shares. I reduced my position by 1,800 lots at 14.35, and raised a total of 2.583 million yuan." Xu Jianqing replied. Yinzhijie stopped at 18.42 yuan and began to fall, 4 cents away from the high point of 18.46 yuan after the ex-rights.
"Okay, don't do anything else today." Gu Junhao looked at the time. It was 1:40 p.m., just ten minutes after he issued the task of reducing positions.
At 13:45, Dongfang Fortune surged again to 12.28 yuan, an increase of 6.23%, exceeding the real-time increase of Tonghuashun.
"Ruoyu also began to reduce her position, and the reduction was the same as Xiaoxu's, with her position reduced to 10% of the current position."
Today's position reduction can be described as a substantial one. The two stocks with heavy positions, Dongfang Fortune and Yinzhijie, have both been reduced to 10%. After the reduction, the four holdings combined account for less than 5% of the total position. It is no exaggeration to say that the position has been cleared.
Gu Junhao did not intend to provide the price at which Dongfang Fortune's holdings were reduced. Whether it was the simulated trading or last week's trading, Wang Ruoyu's operation of Dongfang Fortune performed very well, which showed that he was very familiar with this stock. He did not need to say much and only needed to provide his opinions.
Fifteen minutes later, Wang Ruoyu also completed the task: "12.35 yuan, reduced position by 3,600 lots, and recovered funds of 4.446 million yuan."
"That's right, Xiao Xu, take a look at the total account holdings and the current financial situation." Today's positions have been reduced a lot, which can be regarded as the first period of profit. Gu Junhao also wants to know the specific situation of the fund account.
"The current overall stock positions are 200 lots of Yinzhijie, 400 lots of Dongfang Wealth, 500 lots of Hailanxin, 700 lots of Xibu Securities, and the account funds are 40.8735 million yuan." Xu Jianqing checked and reported.
"Okay, very good. Don't worry about the bottom position in your hands. When it is time to buy at the bottom, we should increase our position this time."
The market value of the positions is difficult to estimate as there is no final closing price, but it is more than 2 million yuan. The total funds in the account should be more than 43 million yuan. A return of almost 10% has been achieved in just six trading days, which is already quite good.
"Boss, aren't you afraid of selling out?" Xu Jianqing asked with some doubt. It was no exaggeration to say that today's method was a clearance sale. Nearly 10 million chips that had been collected with great effort were sold just like that.
"Come to my office after the market closes and I'll tell you. I have to go out now." Ignoring Xu Jianqing's question, Gu Junhao turned around and went out. He was very busy today.
"Why is the boss leaving in such a hurry?" Xu Jianqing was a little confused.
"Look at the unusual movement on the board." Wang Ruoyu pointed to the big screen and said, "Tong Huashun rocket launch!"
"Oh, the boss is going to reap the profits." Xu Jianqing said suddenly. He also knew that Gu Junhao would not trade his own personal account in the operation room, but the boss's attitude of reducing his holdings today was really firm. Not only did the fund account drop sharply, it seemed that his own personal account was also going to be smashed.
Although we don't know the exact amount of money in the boss's personal account, it is certain that it exceeds 10 million. So far today, Tong Huashun has only completed transactions of more than 100 million. It is no exaggeration to say that it is a market crash.
"Mr. Gu, there is a document for you to sign." As soon as Gu Junhao entered the office, his assistant Li Xinyu stood up and asked him to sign the document.
Normally, as the boss's personal assistant, her status should be quite high, but Li Xinyu is a freak. If not second only to the boss, then at least she has no sense of existence at all.
The boss is in the trading room all day long, and the number of times she interacts with him is less than the number of times she types on the keyboard. Sometimes Li Xinyu feels a little depressed, but fortunately, the boss does not have any opinions about her and will ask her to do some important things.
As for calling the three people in the Fund Business Department keyboard tyrants, it was because Xu Jianqing often boasted in the company about how loudly he could type on the keyboard, causing the whole company to tease them as keyboard tyrants, which made Wang Ruoyu and Liu Tingting very angry.
"Wait a minute, come to me after three o'clock." There was no time to sign documents now, let alone these few minutes. Gu Junhao was in a hurry to come out just as Xu Jianqing thought, that is, to crash the market.
After the Tonghuashun rocket was launched, the stock price had reached the upper limit at 14.82 yuan, with a limit order of 500 million yuan. Gu Junhao, who held 13,850 shares of Tonghuashun, made a lot of profit today.
In fact, it is very easy to understand why Tong Huashun hit the daily limit today. It was the first to move in the morning. In addition, without Tong Huashun on the plate, the trading volume during the sideways period often hovered between 50 million and 70 million yuan. Excluding the amount of the limit today, the trading volume has exceeded 170 million yuan. It is not difficult to hit the limit.
"How much should I sell for?" 500 million is enough to sell. In addition to thinking about how to sell, Gu Junhao was also thinking about how much to sell.
"Then sell 10,850 lots and keep 3,000 lots as a base position." With exactly 16 million in funds, the remaining 3,000 lots would be my pure profit.
As for the selling method, the transaction volume of Tong Huashun after the board was closed was less than 30 million. It would definitely not work to directly sell it with a one-time large order of 10,000 lots. The board will definitely be opened, so it is better to sell it slowly.
After placing the orders one by one, at the afternoon closing, Gu Junhao's chips were successfully sold out. Tong Huashun launched the abnormal movement at 14:10, and the price was officially closed at 14:15. The 45-minute closing time was enough for all the chips to be sold.
As of today's closing, Tong Huashun's trading volume today reached 224 million yuan, three times that of the previous trading day, and its turnover rate also reached an unprecedented 12.10%. Its own sales today accounted for 7.14% of the total transaction volume. If Tong Huashun had a Dragon and Tiger list today, it would definitely be on the list without any accident.
3,000 chips and a market value of 4.446 million yuan, this is pure profit, and it is worth holding it for a month. Moreover, this market value is exactly the amount of funds that Wang Ruoyu recovered from reducing his holdings in Dongfang Wealth today. It is really a coincidence.
In fact, Gu Junhao really wanted to clear out all his Tong Huashun holdings at once. His trading volume was always too small. Even if his average daily trading volume was half of Dong Fang's wealth, he would clear out all his holdings without hesitation.
Because it would be very easy to buy it back by yourself, but now Tonghuashun’s transaction volume has increased more than three times to more than 200 million, and the subsequent adjustments will inevitably reduce the volume again, so it will take some effort to buy it back by yourself.
"What document is so urgent? Bring it here." The young assistant asked me to sign before I even sat down.
"It's Mr. Xu Yan from the Market Intelligence Department. He wrote a report, hoping to expand the intelligence department and also apply for more funding." Li Xinyu quickly picked up the document and said.
"That's it? I thought it was something urgent. You didn't even wait for me to sit down." Gu Junhao said as he flipped through the documents.
This is not a big deal. As Gu Junhao needs more and more information, it is inevitable that the market intelligence department will expand its recruitment. We can't always let Old Xu work 007 all the time. He has a family too.
As for the application funds, it is not much, only 200,000 yuan; it will be used to cover some necessary travel expenses for newly recruited talents, and may later conduct research on some listed companies.
"It's because you go straight to the operating room after a short while when you arrive at the company every day. It's difficult for me, a personal assistant, to see you, let alone others." Li Xinyu said with some dissatisfaction.
"Haha." After hearing what the assistant said, Gu Junhao found that it was really like this. Since the establishment of the fund, he had basically not been in charge of the company's specific affairs. He was more like a full-time fund manager.
"Well, it's impossible for me to let you into the operating room, but I'll give you a privilege. See this red-labeled phone on my desk. If you have any emergencies or problems that cannot be solved in the future, you can call me on this number."
This phone is connected to the operation room, so that any instructions can be given directly. Generally, no one else can touch it without Gu Junhao's order. Of course, if the operation instructions are not issued by Gu Junhao, the three people in the operation room can also ignore them.
"Why can't I go in? I heard from others that some fund managers will bring assistants into the operation room. Private equity is not that strict." Li Xinyu actually wanted to go into the operation room to take a look. It was not that he wanted to know some inside information, but he was just curious.
Li Xinyu also asked three people from the fund business department about the situation inside, but these three people were very tight-lipped and only said that there were just some computers inside and nothing special.
"Who told you that? How could you know these things when you stay in the company every day?" Gu Junhao smiled. This kind of situation did happen, but he would not do that. It is better to be careful in everything. As long as he abides by the rules, if someone is jealous, at most they will just fine him, but it won't be too excessive.
"That's what Mr. Xu said. He said that when he was trying to get information, he went to a business in Ningbo and met with a colleague there."
Xu Yan said that, so it's not surprising. Seeing that the assistant was quite curious about the operation room, Gu Junhao said, "I can't control other people's business, but it's definitely not allowed in our company. If you want to get in, take the fund practitioner qualification certificate and train for a few months. I can make an exception and let you be a trainee trader to learn."
"Forget it. I still have to take exams and do internships. I might as well be my assistant."
"Are you sure you don't want to consider it? The salary is quite high."
"How high can it be? Will it be higher than when I was an assistant?" Li Xinyu was quite satisfied with her current salary. As the boss's personal assistant, the salary would definitely not be low.
"You can ask Director Guo how much it is when next month's salary is paid. I believe he will tell you." It seems that I have to say hello to Mr. Guo. It seems that all the employees in the company are lying down and even my assistant is not motivated to make progress.
Reducing wages or replacing people is definitely impossible, so the only thing we can do is to use the salary packages of Xu Jianqing and the other two to stimulate these people and let them know how to make progress.
…
"Boss, we're here!" The door was ajar. Xu Jianqing, who had always been carefree, walked in without knocking. Ji and the other two followed Xu Jianqing in.
After the market closed, the three of them became a little impatient, but they still had to organize the data, so that they would not be confused when the boss asked them, and they would definitely be scolded then.
"Why didn't you knock on the door?" Li Xinyu said angrily. This bunch of people are really the boss's followers. Wherever the boss goes, they go. I finally found a chance to get in touch with the boss and have a chat, but it was ruined by them.
Moreover, the three of them came in so carelessly. Fortunately, there were no customers here, otherwise the boss’s dignity would be lost.
"Oh, I'm sorry, Assistant Li. I was too excited today and forgot about it. Please pay attention next time." Xu Jianqing finally reacted and apologized quickly. The other two also looked embarrassed.
This is the general manager's office. The boss sitting here is the actual controller of the entire Junshi Capital. He is not just his own boss. This place is not like the operation room where he can do whatever he wants.
"It's okay. Be careful next time." Gu Junhao didn't dwell on it too much. He immediately said to the three people, "Report the details of today. Xiao Xu, you should do it."
Xu Jianqing broke out in a cold sweat. Fortunately, the boss did not blame him, and Xiao Wang was still so steady. If he hadn't asked him to review the situation for a while before, he really wouldn't know what to say now.
"Do you need me to step aside for a moment?" Seeing that Gu Junhao and others were about to talk about the fund's operation, Li Xinyu asked tactfully.
"No need. Just do your own thing and let them talk about theirs." After sending away the assistant, Gu Junhao also winked at Xu Jianqing. Xu Jianqing had a certain understanding of Gu Junhao, and he also understood such common sense. The boss wanted him not to talk about the specific details, so just talk about the general situation.
"Let me say that today's overall market is still very good. In the morning, the heavyweight stocks made efforts, and in the afternoon, the small and medium-sized innovative themes and concepts took over. The market investment sentiment is very high."
While listening to Xu Jianqing's report, Gu Junhao looked at the specific trend. Today, the Shanghai Composite Index traded 80 billion yuan. The index closed with a bald and barefoot positive line, up 0.74%, and finally closed at 2085.98 points, which was also the highest point of the day.
The ChiNext Index also showed a positive trend, rising 0.93% and closing at 1395.61 points, with a trading volume of 34 billion yuan.
The Shanghai Composite Index is less than 15 points away from 2100 points, while the ChiNext is less than 5 points away from 1400 points. The big bullish candle with large volume looks like a breakthrough trend with both volume and price rising.
"It's quite deceptive. It's really smart." Gu Junhao looked at the candlestick chart and said to Xu Jianqing, "Go on."
"Our fund has risen by about 1 point today, which is barely better than the market. I have also followed your instructions on the position."
"This kid is quite smart. He understood it just by looking at my eyes. He didn't say the specific position or the specific target." Gu Junhao couldn't help but praise him in his heart.
The reason why Li Xinyu was not asked to avoid the meeting was that he did not want to discourage her too much. This assistant had always been indifferent to her. If he asked her to avoid the meeting directly and Shen Boyu heard about it, he might consider replacing her.
However, some specific data cannot be disclosed for sure, such as today's reduction in holdings and which targets are held. These are considered confidential in the company and cannot be known to everyone. Fortunately, Xu Jianqing is smart enough.
"It's okay. Let's follow the rhythm in the next few days." After flipping through the index chart and the charts of some individual stocks, Gu Junhao still maintained his judgment and felt that the probability of a pullback was relatively high.
Today, not only Tonghuashun released a large volume, but Dongfang Wealth also released a huge volume, with a turnover of 903 million. With such a high turnover, the GEM constituent stocks released such a huge volume, and subsequently a large amount of new funds were frozen. How could the market be stable?
What's more, Dongfang Wealth did not make a breakthrough with large volume, and it is still some distance away from the 20-day line. If it wants to break through the pressure of the 20-day line and quickly achieve a leap in stock price, it will need at least two such large-volume surges, which means that at least 1.8 billion volume is needed to have a chance.
It is obvious that there will not be such volume in the days ahead, so the only option is a correction, allowing the 20-day line to slowly fall back and use time to digest the pressure.
Tonghuashun's performance is much better than Dongfang Fortune. Today's daily limit broke through the 20-day line. However, since both Dongfang Fortune and the index are expected to correct, there is no problem in significantly reducing positions.
"Are you here to ask the question just now?" Gu Junhao was referring to the question Xu Jianqing had asked in the trading room just now about why they sold.
"There's no rush. Boss, are you in such a hurry to come out to operate your personal account?" Xu Jianqing asked curiously.
"Yes, we'll know after looking at the Dragon and Tiger List later." Gu Junhao did not deny it. If Tong Huashun released the Dragon and Tiger List, the matter could not be hidden from the three of them. If she didn't, then they would just pretend that he hadn't said anything.
At that time, I can say: "I'm not asking you to look at Tong Huashun's Dragon and Tiger List, I'm asking you to look at the Dragon and Tiger List to analyze what attitude the big funds have towards the big rise."
"Awesome!" The flatterer Xu Jianqing came online again and gave a thumbs up, causing Li Xinyu who was sitting next to him to roll her eyes.
"I can't believe that the boss, at such a young age, also likes flattery. This Xu Jianqing really acts like a traitor." Seeing the four people chatting animatedly, Li Xinyu also began to slack off, sitting in his seat and listening. These three people are the ones who have the most contact with the boss in the entire company, and through their conversation he should be able to get a general idea of ​​the boss's temperament.
Gu Junhao didn't care about her. Let her listen if she wanted to. It wouldn't be a bad thing for her to learn something. After all, he had no plan to change his assistant. This little assistant was smart, but she had some tendencies to become lazy. It was probably because of his neglect of her. It wouldn't be a bad thing to raise her enthusiasm.
"Okay, let's go back to the questions you asked me in the trading room. I'll answer your questions at that time."
"For example, there is a saying among short-term speculative funds: buy when there is disagreement, sell when there is consensus. In fact, the same is true for swing trading. When market sentiment reaches consensus, it is time for us to reduce our positions."
Gu Junhao glanced at the three of them and continued, "Of course, there is definitely a risk of selling out, but why should we be afraid of selling out? We have already made the profit at this stage. Even if we make a mistake and sell out, we can start over at the next stage. The cost of the stock price is not important. What matters is that the stock can rise."
"You see, Hailanxin has fallen a lot today. Even if my cost is negative, I am still in a loss today. At this time, if Hailanxin continues to fall, then the cost will be useless even if it is negative. The reason why I minimize the cost is to collect more chips. The ultimate goal is to be bullish."
If the stock price does not recover for several years, it will be meaningless even if the cost is low, unless you are prepared to receive dividends for a lifetime.
"Buy when there is disagreement, sell when there is consensus." The three of them lowered their heads and thought at the same time.
"Xiao Li, make me a cup of coffee." Seeing the three people thinking about it, Gu Junhao also stopped.
"Oh, okay."
After the three of them digested it for a while, Gu Junhao moistened his throat and said, "I won't repeat the literal meaning of this sentence, you should understand it."
"Although this sentence is a popular saying among hot money, mainly targeting short-term funds, and we are not hot money, then why do I think this sentence makes sense?"
In fact, you can have two understandings in this regard. Let's first talk about buying in terms of divergence. You can imagine the index as a certain stock, and understand the market in a broad and simplified way. When the market is in a hazy stage and the height and space can never be opened, funds will choose to repeatedly try and error, pull up or pull back, to test how much pressure there is here.
During this process, the K-line chart will show various pull-ups, retracements, pressure levels, support levels and the like; you may understand this process as an emotional divergence. Of course, everyone’s emotional divergence points are definitely different. What we have to do is to follow the general trend. When most people’s emotions are in agreement, it can be understood as buying in divergence.
Another one is just like today, the high space has been created, the trading volume has increased, and there is a positive line. At this time, whether to continue to break through or to pull back is a point of divergence. It depends on how you judge it.
"In summary, it's about how to operate at the low-level divergence points, and how to operate at the high-level divergence points, right?" Li Xinyu suddenly interrupted. The sudden interruption also stunned the three people who were fascinated by the talk.
"Hmm? There is something there. You have a good ability to understand and your summary is also very good. If you are fired by me in the future, you can become a failed writer." Gu Junhao did not expect Li Xinyu to listen seriously and could not help teasing.
"Boss, don't think I don't understand. I watch women's movies!" Li Xinyu blushed. She didn't expect that the boss even knew the word "扑街".
"I have 4G Internet access!" Gu Junhao suddenly said, but immediately moved on to the next topic: "Let's continue to talk about selling at the same time. This aspect can be understood better than before. After all, when you sell, it is basically at a high point in a certain period.
In the same way as above, understand the market as individual stocks. When the market or a certain theme is at an emotional climax, a large number of individual stocks continue to rise, and funds from all walks of life rush into the market.
Of course, market sentiment has not reached its peak at this time. If your funds are too huge, you can choose to sell some stocks in the back row of the sector in your holdings. You can also reduce your holdings in the front row.
But if you have a small amount of capital, small capital has its own flexibility, you can still sell in the back row, and you can wait in the front row, but my opinion is that it is best to sell and not make the last penny. "
There is a greedy side to human nature. When most people in the market are shouting that the bull market is coming, the real bull market has actually passed, and some investors are not unaware of this.
But sometimes, one just cannot overcome the greed in one's heart and wants to stay in the market to earn another three or five points. Gu Junhao himself has made such a mistake before.
When he first entered the stock market, Gu Junhao’s funds reached more than 980,000 yuan for the first time, and he was less than 20,000 yuan away from 1 million yuan.
At that time, Gu Junhao also felt that his holdings were about to fall back, but he still wanted to make it an integer to 1 million, so he did not choose to liquidate his holdings. Instead, he wanted to wait until the next day to see if there was a chance of a higher surge. After all, it only took less than 2 points to reach 1 million.
As a result, on the second trading day, the stock price opened 5% lower and there was no sign of rising throughout the day. Gu Junhao had to accept the fate of losing 50,000 yuan and clear out his position.
After that, I understood a truth: you must not be too greedy. You should only make money within your ability in the market. When you think the stock price is going to fall back, you should sell it without hesitation, but hold on to the profits.
If you make a wrong judgment this time, then summarize the experience and lessons, why you made a wrong judgment, and whether you will make the same judgment again next time. The market is a process of continuous trial and error and continuous learning.
Of course, the prerequisite is that you have to have the cost of trial and error. If you only have 30,000 to 50,000 yuan to invest in the stock market, it is better not to operate frequently. Select a stock and throw it at it for a year or two, then delete the software, work hard, and just treat the money as if it is gone; whether you make money depends entirely on your vision and destiny.
Gu Junhao talked for a long time and had already drunk a cup of coffee. The assistant wanted to make another cup, but Gu Junhao glared at her and refused. If Zhang Yiru drank so much coffee, she wouldn't be able to sleep at night.
"Get out of here now. I have things to do." Seeing the three people sitting there in a daze, Gu Junhao sent them away. There was less than half an hour left before the end of get off work. What the young assistant said made sense. They couldn't spend the whole day in the trading room treating themselves as a fund manager. They still had to deal with some specific matters in the company.