Chapter 142: Stud Poker and Risk Yourself
June 20, Friday; just after nine o'clock, Li Ze recharged 200,000 yuan into his account and continued to increase his efforts. It is not without reason that Tong Huashun is known as the most expensive online game on the entire network.
At 9:25, Tonghuashun opened at 13.07 yuan, and quickly dropped to 12.80 yuan after opening, and then stopped falling. Li Ze bought 24,000 shares of Tonghuashun at 12.90 yuan.
The 24,000 shares of Tonghuashun were Li Ze's entire savings. He only had a few thousand dollars left in his bank card, so he had to burn his boats.
Tong Huashun rebounded quickly at 9:38, and went up in a straight line. Three minutes later, the price was reported at 13.15 yuan, which made Li Ze very excited. He had made the right choice!
"Brothers, let's go all in!" Perhaps influenced by Brother T, or in the eyes of stock traders, taking screenshots to share their delivery notes is a very common thing. As soon as Tong Huashun's stock price turned positive, Li Ze proudly shared the delivery note in the group.
“Fuck! Li Kuang, don’t you only have 100,000 yuan?” Everyone in the group was shocked to see the buy order for 24,000 shares. Most of the people in this group have a capital of more than 100,000 or 200,000 yuan, and only a handful of them have more than 500,000 yuan.
"I've topped up the account and put in the 200,000 yuan for buying a house." Li Ze said calmly.
"Oh my god, you are awesome, bro. I admire you the most in this group!"
"I can buy a house for 200,000 yuan? Where?"
"Our hometown is in the county town, but your focus is a bit strange, brother, shouldn't it be Soha Tong Huashun?"
"I don't have the courage to go all in, so I only bought 50,000 yuan. But since you topped up the account, I'll play with you."
"Don't say anything. I cancelled my order at 12.83 this morning. Now it's already 13.25 yuan. I'm crying."
"Li Kuang made money, and I cried. It's true that watching others make money is more painful than losing money yourself."
"Li Kuang was short for a few days, and then he came in to make some money after seeing us being trapped. It was really infuriating!"
"300,000 in, 600,000 out, wait, I want to buy a house in Jinyang!"
Yesterday, Li Ze shared his analysis with everyone. Some people were skeptical, but some took it seriously and went to look at Gu Junhao's previous posts.
People who trade stocks love high levels of knowledge, and they know everything about astronomy and geography. It has to be said that Gu Junhao's sale of Tong Huashun at the daily limit, followed by the market's three-day decline, also left a deep impression on everyone.
Combined with some delivery notes in the post, I feel that Li Ze's analysis is correct. Tong Huashun opened low in the early trading and quickly fell. Some people who already believed in Li Ze's judgment were frightened by this trend and dared not take action.
However, after seeing the stock price go up, Li Ze sent his delivery order in real time. He couldn't help but quickly sell his positions and rushed into Tong Huashun in pursuit of rising and falling prices.
After all, people like Li Ze who only think about going all in are in the minority. He doesn't look at the trend of the overall market, but only focuses on individual stocks, which most people dare not do.
Today's two markets continued to open low, but both opened above yesterday's lower shadow line and did not break yesterday's lowest level. The market is gradually showing a trend of stabilizing.
Both markets opened low and fluctuated upward, with the ChiNext rebounding more violently. Part of the funds flowed back to small and medium-sized enterprises. Among Junshi No. 1's holdings, except for Wan'an Technology, which opened flat at 9.21 yuan, the rest of the holdings opened higher, with Yinzhijie opening up by 2.48%.
Xibu Securities, operated by Liu Tingting, performed well at the opening, opening at 10.74 yuan, and the account holding the position instantly realized profit.
"Boss, are you still buying?" Liu Tingting was very happy to see her account turn red. The only pity was that her position was not fully invested. Wan'an Technology also did not have a full position.
"Buy. Today, the two of us will try to fill up our positions. Ruoyu and Xiaoxu, if you have a chance, do T. If you don't have a chance, forget it. You can't reduce your positions."
During the morning meeting, Gu Junhao already knew that the two had already bought up their 8 million positions, and he specially praised Xu Jianqing for this. Yesterday, Yinzhijie's trading volume was not particularly large , and Xu Jianqing was able to complete the position building at a reasonable price, which also took some effort.
At 9:30, after the trading started, individual stocks began to retreat. In Gu Junhao's view, this was a normal correction. After all, most of the stocks closed with a lower shadow at the end of yesterday's trading.
In the early morning opening, some stocks had profits of 3% or even more than 5%. Some hot money had a demand to stop profits. Wan'an Technology quickly fell back and its share price dropped to 9.09 yuan, but Gu Junhao was unmoved.
Buy orders are still placed in batches at the price of 9.16 yuan, for a total of 3,000 lots. There is a whole day today, and the funds are less than 3 million, so buying is not a problem. The reason why it is still set at 9.16 yuan is that this price can quickly collect some chips without exceeding yesterday's cost. Chips can be collected between the previous lowest price of 9.06 and 9.16 yuan.
Other positions had the same fate, opening high and then correcting downward, but none of them fell below yesterday's lowest point. Xibu Securities fell to as low as 10.55 yuan in early trading.
"Boss, Xibu Securities really can't fall any further. 10.50 yuan should be its lowest point." Although there was a volatile correction in the morning session today, the decline was not much.
The above proves that the index opened at 2013.54 points, and fell to a low of around 2010 points. After that, it fluctuated upward. There is little hope that it will fall below 2000 points again.
“Well, the price can’t fall any further, so you can place your order at a slightly higher price. Otherwise, you may have to cancel orders frequently.” For large funds, there is no need to worry about the interest rate difference of a few cents when building a position, while for small funds, the price can be adjusted as there is no need to worry about not being able to buy.
Gu Junhao looked at other holdings again. Hailanxin's fluctuation today was very small, less than 2%, and it remained in the red. Yinzhijie's fluctuation was also not large, and the increase remained at around 2%.
Dongfang Wealth performed well. It fell slightly to the green market level of 11.30 yuan in the morning and then began to rebound. It then fluctuated upward all the way, with a higher increase than Tonghuashun, a stock in the same sector.
"Leading stocks are leading stocks. No matter what, I can only grab the limelight for a while." Looking at the performance of Dongfang Wealth, Gu Junhao couldn't help but sigh.
In fact, among the five current holdings, the only one that is truly worth holding is Dongfang Wealth. The other stocks have no value after a round of surge and their performance and expectations are met. For example, Zhongqingbao last year and Wangsu Technology at the beginning of the year have no momentum after their surge.
Zhongqingbao has currently fallen to around 26 yuan, and the price after adjustment is only around 52 yuan, which is nearly half of its high of 100 yuan. Wangsu Technology has also experienced a round of 10-for-10 dividends, and its current share price is around 50 yuan, which is nearly 40% lower than its high before the ex-rights period.
This kind of stocks that have reversed in performance, fundamentals, or even concepts are not really leading stocks. They can only be popular for a while like Internet celebrities. Once they are out of fashion, it will be like the saying: "Outdated Internet celebrities are worse than dogs."
"Hey, it looks like Xiao Wang is number one again this week." Xu Jianqing said with envy as he looked at Dong Fang Wealth, which had risen nearly 4% from a low level with sufficient trading volume.
Although his stocks had a good increase, the amplitude was too small and there was no room for operation. The operation targets were safe and did not require any operation. Xu Jianqing, who was bored, also thought about his own 2 million quota.
"The market has been falling for three days. It should have stabilized at this level, and we should be able to trade a rebound." Having made up his mind, Xu Jianqing decided to choose his favorite target first.
"This one won't work. The impulse line is rising, but the volume is not enough, just like Yin Zhijie that day. It will definitely fall."
"The position of this stock is good, but the fundamentals are too weak. If it doesn't rise in one or two days, I should consider stopping the loss."
Gu Junhao, who was wandering around, saw Xu Jianqing scratching his head and glanced at the big screen. Is there anything wrong with Yin Zhijie?
Then he walked behind him and saw that he was selecting stocks, and Gu Junhao also laughed.
"Boss!" Xu Jianqing smiled embarrassedly.
"Want to choose the target yourself?" Gu Junhao said to him.
"Yes, today Yin Zhijie's space is too small to do anything, and the market is stable. I think it's a waste to just leave the 2 million yuan lying there, so I want to try to pick stocks."
"How do you know the market is stable?"
"Boss, you asked us to buy all the stocks yesterday, and today's market opened well. Now most stocks have bottomed out again, and the floating profits have been washed out. I feel there should be a rebound next week."
"Well, that's right, but you can't choose stocks this way. You should choose the strongest ones during a rebound. Since you missed the strongest one, you should choose the second strongest one instead of looking for it at the bottom."
The strong will always be strong. You will never go wrong when choosing the strong for short-term trading during a rebound. Bottom stocks may have higher returns, but it is uncertain when it will start. Maybe it won’t start even after the rebound is over, so it would be a waste of money to buy it.
"Take a look at Dafu Technology." Gu Junhao estimated that Xu Jianqing would not be able to pick out any good targets for the time being, and immediately reminded him that it would be difficult to select a satisfactory target with such an impromptu operation.
"Dafu Technology? The one that you cleared out before, boss?" Xu Jianqing asked in surprise.
"Well, look at its trend." In the nearly two months of trading after Gu Junhao liquidated his positions, Dafu Technology built a box in the range of 32 yuan to 38 yuan. There were occasional breakthroughs, but it never fell below the bottom of the 32 yuan box.
"Can this stock still be traded? Isn't it trading sideways at a high level?" Dafu Technology's trading volume has shrunk to the extreme today. The current transaction volume is less than 40 million yuan, and the stock price is fluctuating around 34.40 yuan. In Gu Junhao's opinion, this is an excellent buying point.
“It is indeed sideways at a high level, so we can only do short-term trading. However, this short-term trading does not mean one or two days. Our capital utilization rate does not need to be like that of hot money. Clearing the position within a month can be considered short-term trading.
If you look more closely, you will find that Dafu Technology has been oscillating within the box since May, and its volume and turnover have remained within a healthy range. For every two or three trading days of rising market, there will be one or two days of correction.
The stock price has broken through the box and then retreated, but it has never fallen below the box. This round of adjustment has lasted for another two trading days. Today is the third trading day of adjustment, and the trading volume has shrunk to the limit.
What does this mean? It means that he has basically adjusted to the right position and it is time to change the market, so I think today is a great buying point. "
"It's true. Every time it rises for three or four days, it will fall back for one or two days. The stock price and the bottom point are also rising little by little. But boss, aren't you afraid that it is a false breakthrough? What if you make a wrong judgment?"
"Didn't I say this before? 32 yuan is the bottom of the market. If you make a mistake, you should sell at this position to stop loss. There is no such thing as making money when buying stocks, especially short-term stocks. Just set a stop loss."
"It turns out that the boss is not absolutely sure when buying stocks."
"You are talking nonsense. There is no such thing as making money from stocks." Gu Junhao couldn't help but roll his eyes and said, "But I can tell you a bottom line. My expected price for Dafu Technology is around 50 yuan. The reason I sold it before was due to capital and position considerations. You can clear your position when it's over 40 yuan. It depends on your ability."
"Haha, okay, then I'll place the order now." Xu Jianqing placed a buy order for 500 lots at the price of 34.50 yuan without hesitation. Although the transaction volume was small, the order of less than 2 million yuan was still easy to digest, and the position was completed in a short while.
"Boss, who will get this profit?" After completing the position building, Xu Jianqing returned to his playful smiling mode.
"It's yours. Since this is your first time doing short-term trading and you don't have much experience, I'll give you some advice."
"If there is a loss, whose share will be paid if the investor cuts his losses at 32 yuan?"
"Of course it's yours too. I'm just giving you advice, but you're the one who placed the order. Don't you understand that you're responsible for your own profits and losses?" Gu Junhao rolled his eyes at him.
"Ah? So I have to take the risk. I thought you would be generous and say that the loss is on me."
"Nonsense, once you place an order you have to bear the risk."
