Chapter 172: Ice and Fire Part 2
"Let's do it! But if I make a mistake, you don't have to share the 1 million. I will take all the responsibility myself." The trend of Dong Fang's wealth made the usually steady Wang Ruoyu have the same idea as Xu Jianqing.
"You think too much. I'm not sharing the responsibility with you. I'm just making a plan for losing the chips. The boss always says that trading profits and losses are at your own risk. Don't think about running away from my responsibilities.
Also, don't think I'm acting on impulse. I have an analysis and plan for what I do. I will write it down in my work log. Whether I do it right or wrong, I will explain it to the boss. If you decide, you have to be prepared for this."
"I see. Well, then I am more confident. Also, I accept your 1 million plan." Wang Ruoyu gave Xu Jianqing a thumbs up.
"Do you want to tell the boss?" Liu Tingting saw that Wang Ruoyu also agreed with Xu Jianqing's opinion, and Xu Jianqing was not speaking without purpose, so she gradually understood. However, this was not the boss's order after all.
"Let's not talk about it for now. Since the boss told us to trade on our own, let's do it this way first without losing the chips." Xu Jianqing lost his usual playful smile and became much more serious than before.
As the leader of the trading team, he was the one who proposed the operation plan this time. If anything goes wrong, the main responsibility must be on him. It is not true to say that he has no psychological pressure.
"Don't worry, the boss said that letting us trade independently is also a way to train us. Besides, the boss is not a stingy person. A little loss is acceptable. Don't put too much pressure on yourself." Wang Ruoyu saw that Xu Jianqing was a little nervous after making the decision, so she comforted him.
"I'm not nervous, but it's my first time making a decision, so I think it's a bit exciting. Let's do it this way, and proceed as planned tomorrow."
"Okay, it's settled. Let's all go back. There's no need to disturb the boss." Wang Ruoyu said.
"Okay then, just make the decision you two, it's none of my business anyway." Liu Tingting pouted, but since both of them thought it would be better not to tell the boss, they didn't say anything for now.
These three people were really bold. After making such a decision, they actually chose to leave work early and go home. It was not yet five o'clock. When the three of them walked out of the trading room and went out, Li Xinyu who came out of the finance office was a little surprised.
"What's going on? Tingting and the other two just told me that they went home after get off work." Li Xinyu said to Gu Junhao after returning to the office.
"After get off work? Let them be. It's not trading hours yet." Although Gu Junhao was a little surprised, he didn't think much about it. Both markets rose well today, so the three of them should have gained something.
…
July 23, 2014, Wednesday; at 7:50 in the morning, Xu Jianqing ran into Wang Ruoyu at the company gate and couldn't help but smile and said, "You're here so early too."
"I can't sleep, let's go." Wang Ruoyu said with a shrug. It can be seen that although the two said they were not nervous, they were actually a little nervous inside.
As far as the traders' own judgment on stocks is concerned, whether right or wrong, the behavior of both of them is not abnormal, but this kind of thing that goes against the will of the boss can be regarded as a taboo in the workplace. Ordinary veterans in the workplace would never do this.
After a while, at eight o'clock, Liu Tingting also came to the trading room. Seeing that the two had arrived, she couldn't help laughing. Liu Tingting was also a little nervous. Although she didn't have to participate in their trading plan, they were in the same team and would also be responsible if something went wrong.
At 9:25, the Shanghai Composite Index finally opened at 2074.20 points, and the ChiNext Index opened at 1330.14 points, one opened lower and the other opened higher.
The 60-day line pressure level of the ChiNext is at 1332.16 points. The opening point is only two points away from the pressure position. Junshi No. 1's four support warehouses Wan'an Technology, Yinzhijie, and Xibu Securities all opened lower, and Dongfang Wealth opened at 10.48 yuan, up 0.01 yuan.
Similar to the ChiNext Index, the most recent pressure level of Dongfang Wealth is 10.53 yuan, and it seems that a breakthrough is imminent.
"Only 806 lots were traded in the call auction, which is less than 1 million yuan. It doesn't look good." Wang Ruoyu said, staring at the screen. In particular, the trend of Tonghuashun did not seem to be very good. It opened directly below 17 yuan, and the rebound trend was destroyed.
"Mine doesn't look very good either. I don't know if I can hold the 20-day line." Xu Jianqing also said.
"Haha, I feel good. At least the trading volume is much higher than before." Liu Tingting said with a smile. If Xibu Securities does not change much today like yesterday, there will be no need to trade today.
"By the way, if you need help, remember to tell me that as long as the changes in Xibu Securities are not too big, I don't need to trade today."
As they are in the same team, Liu Tingting will naturally not stand idly by and watch the two people's operations. She will also lend a hand when necessary. For example, when someone is in an emergency, she can help the other party to watch the market or even execute trading instructions.
"Okay, no problem; but you should still take care of yourself." Xu Jianqing no longer had his usual playful smile and was looking at the plate very seriously.
Trading began at 9:30 , and the heavyweight stocks that had been on an upward trend continued to perform well today; the Shanghai Composite Index opened low and ended high, and the index rose slowly.
The ChiNext Index opened higher and rose slightly, approaching the pressure line at 1331.67 points, and then this trend lasted only one minute.
At 9:31, the ChiNext Index, which had opened high, quickly turned green and the trading volume expanded in a short period of time; at the same time, it was also accompanied by a rapid decline in individual stocks, and Dongfang Fortune, which had opened one cent higher, went straight down.
This trend also made the three of them realize that something was amiss; since joining the company, especially since the fund officially started operating, Gu Junhao would often pass on some of his experiences to the three of them regarding early trading changes, trading volume, and the trends of individual stocks.
All three of them have professional backgrounds and coupled with the unique environment, their ability to judge the market's call auction is no weaker than that of the general market speculators.
"Something's wrong with me. I'll run away first." Wang Ruoyu shouted.
He was very familiar with Dongfang Wealth. Although it did not go against the market trend today, it was precisely because of this that he felt something was wrong. The trend of Dongfang Wealth today reminded him of the big drop on July 14.
The same small opening high without touching the pressure level and directly falling down made Wang Ruoyu a little excited. Perhaps he did not need to do T-out the next day to achieve greater profits.
As a trader, it is a must for your hands to keep up with your brain. After making a judgment, you need to analyze it immediately. This reaction speed cannot be compared with usual times.
At this time, the share price of Dongfang Wealth was 10.46 yuan. Without time to think about it , Wang Ruoyu quickly placed nine orders at 10.43 yuan, large and small, totaling 4,000 lots.
It is relatively easy for Dongfang Wealth to do T with a position of 40% of the existing market value and more than 4 million yuan of funds. However, the order cannot be too large, too high or too low. If it cannot be sold out, cancel the order and continue selling.
Nearly 4,000 orders still have a certain amount of weight. After digesting these orders, Dongfang Wealth also reached the price of 10.43 yuan at 9:36.
After digesting the sell orders in this stage, Dongfang Wealth also rebounded slightly to the price of 10.45 yuan. There were quite a few buy orders of all sizes at this price.
At 9:40, the ChiNext Index began its first decline of the day. The index fell rapidly, and the decline quickly expanded to 1% in a short period of time.
"It collapsed again. It seems that 1300 cannot be maintained." Xu Jianqing sighed. The market fell as soon as it opened, and there was no rebound at all. Yesterday's hot market returned to the freezing point again.
Yinzhijie's trading volume is not like Dongfang Wealth. Dongfang Wealth usually has explosive trading in the early and late trading sessions, and sluggish trading during the trading session, so Wang Ruoyu's one-time order can also be digested slowly.
Yin Zhijie's trading volume is relatively balanced throughout the day, so if Xu Jianqing wants to sell as much as possible, he can only sell it little by little according to the intraday volume. Compared with Wang Ruoyu, Xu Jianqing's workload is much greater.
At 10 o'clock, the ChiNext Index fell again, the intraday yellow moving average showed a downward slant, funds for individual stocks frequently flowed out, while the Shanghai Composite Index was unusually strong.
After breaking through 2080 points, the Shanghai Composite Index moved sideways for 15 minutes and has now risen to 2088.19 points, a new high since June 16. All major moving averages have shown an upward trend, and the index is in a breakthrough state.
"The situation is about to change, and the market is about to break through." At the same time, Gu Junhao was also staring at the trends of the three major indexes in the office. The trading volume of the Shanghai Stock Exchange remained strong today.
As for the ChiNext, the decline at this position is not surprising to Gu Junhao. The high opening in today's morning session has actually basically set the tone. The small and medium-sized start-ups are undoubtedly the most severely drained of new funds. The ChiNext, which is at the pressure point, did not actively pull back to ease the selling pressure, but instead appeared in a high-level posture.
At 10:28, a sell order of 2,000 lots caused the share price of Wan'an Technology to drop rapidly from 11.05 yuan to 10.64 yuan, a drop of nearly 4% in total.
Under normal circumstances, this kind of sharp drop in a short period of time would have no problem ranking in the top five of the 5-minute decline list. However, today, it still cannot be ranked.
The reason is that the ChiNext started to crash again, and countless ChiNext constituent stocks and small and medium-sized ChiNext stocks fell rapidly by more than 5%, and some even went straight to the limit down.
The two markets were like heaven and hell. On the one hand, the Shanghai Composite Index opened low and ended high, with blue chip stocks extremely strong. On the other hand, the small and medium-sized growth stocks, led by the ChiNext, suffered severe declines.
Some concept themes that soared yesterday have all cooled down today; except for the leading stocks that are still resisting, some of the stocks that followed the trend yesterday have experienced deep corrections today.
The share price of Dongfang Fortune closed at 10.20 yuan, setting a new low. The decline from the beginning of the month to now has been as high as 18%. Within a month, countless investors have been trapped. In the Dongfang Fortune stock trading area, which was full of criticism in the previous trading days, not many people are in the mood to post now.
Just from the trading time-sharing chart, Gu Junhao can judge that the price of 10.20 yuan is far from the lowest point of Dongfang Wealth today. Although the cost of building a position is high, Gu Junhao does not care. At this moment, he still has the leisure to stroll around the stock trading area of Dongfang Wealth.
"It should be about the same now. The leeks don't have the energy to curse anymore. I guess they have already harvested what can be harvested."
