Chapter 184 Xu Jianqing's Short-Term Journey
In the trading room, Xu Jianqing was staring at the trend of a stock in a daze. Gu Junhao didn't come today, and he had informed the three of them; since the boss didn't come, the morning meeting was naturally cancelled.
The three people acted separately. Xu Jianqing wanted to avenge his previous humiliation, so after the company party on Saturday, he went home and started selecting targets for short-term trading this week.
On Sunday, he stayed in the room all day, selecting stocks and ordering takeout for meals. This morning, when he arrived at the trading room, Xu Jianqing opened the trading software first.
Looking through last week's trading orders, Xu Jianqing himself couldn't bear to look at them. Although he didn't lose money, he sold several times before the price went up, and the purchase price was also relatively high.
"Sure enough, the boss is right. Although I am doing OK in Yinzhijie, short-term trading is not that easy." It is really difficult to grasp when to buy and when to sell a stock that you are not familiar with.
Although he was laughed at by Wang Ruoyu and Liu Tingting, Xu Jianqing was not discouraged. After summarizing his experience, he realized that he was too dependent on intraday movements last week. Many times he rushed in directly when there was an abnormal movement, and after discovering that it was fake, he had to look for opportunities to escape.
"What are you looking at? Mr. Xu." Seeing Xu Jianqing in a daze, Liu Tingting couldn't help but walk over and ask curiously.
Xu Dayouzi has successfully replaced Xiao Xu, otherwise Gu Junhao is very afraid that in a few years these two people will tease: "Xiao Xu, do you want a wife or not?"
Xu Jianqing didn't pay attention to Liu Tingting's teasing, and continued to stare at the computer screen. Liu Tingting looked around and said, "Fushun Special Steel."
"You chose this one for short-term investment?" Liu Tingting asked in surprise. This company rose 9.11% on Thursday last week and even hit the daily limit on Friday, with a very domineering trend.
"Yeah." Xu Jianqing responded in a deep voice. At this time, Wang Ruoyu also came over: "The second wave broke through the new high, and the volume rose to the daily limit. It's just that the sector is average."
“No, it’s not just steel, it also has the concept of military industry. The concept of military industry is very popular recently. Its stock price has increased in volume and has reached its daily limit. It won’t be a big problem for me to go in and make a short trade.” Xu Jianqing has also analyzed Fushun Special Steel.
On the Dragon and Tiger List last Friday, the top five buying seats of Fushun Special Steel bought 90 million in total. They were all well-known seats mentioned by the boss. The only shortcoming was that one institution sold 15 million yuan last Friday.
Although there are signs that institutions are dumping the market, hot money is clearly taking over; considering the recent popularity of steel and military industries, if the market opens well today, it will not be a problem for me to enter the market and do some short-term trading.
"Your style has changed too quickly. Last week you were looking for bottom stocks, and this week you went straight to a high breakthrough." Liu Tingting said with a smile.
"Hey, since I can't make any profit at a low price, let's try at a high price. Anyway, the boss has said that I can do whatever I want." Xu Jianqing scratched his head.
"There's nothing wrong with trying out different styles, but you have to stop losses. Although the boss doesn't mind you losing the 2 million, you can't lose too much." Wang Ruoyu reminded.
Wang Ruoyu is also optimistic about the trend of Fushun Special Steel. It has been rising continuously since it started from a low level. After a correction of ten trading days from the first high point, it rose again. It has already broken through the second high point with a daily limit.
Judging from the trend, Fushun Special Steel's trend is very similar to Dafu Technology, which the boss had previously invested in. Talking about our Xu Da's first short-term experience as a speculator, it was when the boss instructed him to buy Dafu Technology.
"You also think it can be done, right?" Seeing that Wang Ruoyu affirmed his idea, Xu Jianqing was a little happy.
"You can do it, but you have to be aware of the risks. Don't you find that its trend is quite similar to that of the Dafu Technology that you did before?"
"I know this. I chose this because their trends are somewhat similar. Today I will mainly look at the call auction. If the auction is good, I will go in. If it is not, I will give up."
"Okay, then you decide for yourself. Let's go, Tingting, let's do our own thing and not disturb us, Mr. Xu, who is making a fortune." Wang Ruoyu did not forget to tease Xu Jianqing before leaving.
"Hey, that's enough, you've been making me laugh for a week."
"When you prove yourself, Mr. Xu will either laugh at you or praise you."
"Hmm? That makes sense. Is this what the boss meant by the capital market being all about profits?"
"Just take it as it is, come on Xu Dayouzi!"
Influenced by the positive market news over the weekend, after the call auction ended, the Shanghai Composite Index and Shenzhen Component Index both opened slightly higher, while the ChiNext Index opened slightly lower.
Xu Jianqing ignored Yin Zhijie and kept staring at the changes in the opening price of Fushun Special Steel. In today's call auction, there was a fierce battle between the bulls and bears of Fushun Special Steel.
Finally, within a short ten minutes, the bulls defeated the bears. Fushun Special Steel opened at 17.30 yuan, up 2.61%, and 9,650 lots were traded within ten minutes.
"It opened well. Let's see how it performs after opening." Xu Jianqing was very satisfied with the opening price of Fushun Special Steel. It provided enough space for early profit-taking and funds to escape, and also provided an acceptable opening price for subsequent follow-up funds.
These are what Xu Jianqing learned from his boss. Unfortunately, he was too impulsive last week and did not implement these ideas. Many things are easier said than done, and the same is true for stock trading.
If he had bought a stock after careful analysis last week, even if he lost money, there would be no obvious loopholes in the delivery note, which would make Xiao Wang and Xiao Liu laugh at him .
At 9:30, the trading officially started, and the large orders in the call auction were caught, which instantly ignited the Fushun Special Steel market.
Led by a buy order of 7,000 lots, in just one minute, the buying volume of more than 20,000 lots quickly pushed Fushun Special Steel's price to 17.79 yuan, and the stock price rose by 5.52%.
At 9:32, the stock price, which had stagnated briefly, was suddenly detonated by a wave of more than 10,000 long positions. Fushun Special Steel hit a new high of 18.37 yuan, with an increase of nearly 9%.
"What a pity, I'm one step late. It would have been much better if I had placed an order in the call auction." Xu Jianqing sighed. However, it looked like he might not be able to buy it in the call auction . The opening amount was 7,000 lots, so it was not up to him.
You can only wait for it to pull back or hit the upper limit. You cannot buy at this price. The second time the volume will not be as large as the first time, so you will have to be the one to take the loss if it falls.
Hitting the board is to make the stock price certain, and the cost is only 1% higher than now, while smashing it down is to make the change of the market divergence point. When the divergence becomes consistent, it is time to buy the bottom.
Fushun Special Steel's second wave of trading volume was insufficient, and the stock price began to fall when it hit a high of 18.37 yuan, and quickly dropped to 17.80 yuan. Xu Jian also breathed a sigh of relief, fortunately he did not act impulsively just now.
At 9:38, Fushun Special Steel, which briefly surged to 18 yuan, fell back again. A wave of batch sell orders of 300 to 500 lots totaled more than 10,000 lots.
The large and dense sell orders showed that there was capital outflow. The trading quotation of Fushun Special Steel was divided and the stock price fell back to above the opening price, closing at 17.50 yuan.
"The volume is still a bit large, let's wait a little longer." Xu Jianqing gradually calmed down from his impulse and seemed calmer than before. Looking back, if he had rushed in impulsively around 18.37 just now, he would have lost almost 5 points by now.
The reason why short-term trading is highly regarded by retail investors is that, in addition to the possibility of huge profits in a short period of time, the sense of excitement is also incomparable to long-term stocks.
Xu Jianqing also loves this kind of stimulation, but compared to stimulation, making money is also what Xu Jianqing pursues.
Due to the disagreement of big funds, there was a fluctuation in the trading quotation. At 9:50, Fushun Special Steel fell below the 17 yuan price to 16.99 yuan, and a long upper shadow negative line appeared on the intraday chart.
At this time, Fushun Special Steel was only 0.13 yuan away from the flat price of 16.86 yuan. The market looked extremely dangerous. Countless retail investors who had rushed in on impulse in the early trading session were wailing in the stock trading area and were in a panic.
After falling below the 17 yuan mark, Fushun Special Steel's share price rose briefly and then rebounded above 17 yuan to 17.10 yuan. At this time, the trading volume had shrunk a lot compared to the opening price.
"Almost there. Wait a little longer. If the volume continues to shrink, we can try to buy from this bottom."
It was already ten o'clock, and Wang Ruoyu and Liu Tingting had almost finished what they were supposed to do today. They came behind Xu Jianqing at this time. They were all brought up by Gu Junhao, and their trading habits also followed Gu Junhao's style.
Only trade T once a day. No matter right or wrong, never make a second move. If it can be resolved before ten o'clock, it will definitely be resolved before ten o'clock.
Although the two men came behind Xu Jianqing, they did not make any sound so as not to disturb his thoughts.
Although the three of them would tease each other before and after the market opened, they still assisted each other during the trading session, and those who were not busy would also help each other when everyone was busy.
This is what team spirit is all about. It is naturally a good thing for colleagues to become friends, but it doesn’t matter if they cannot be friends. Just help each other at work.
At 10:05, Fushun Special Steel fell back to 17.20 yuan and the trading volume shrank again. At this time, Xu Jianqing took action and placed a buy order for 1,100 lots at 17.30 yuan, which was executed instantly.
Although the price is more than 20 cents higher than the lowest price, in Xu Jianqing's opinion, buying at this position is safer than buying at the lowest price. At this time, the volume tends to be stable and the buying risk is relatively small.
If the stock price falls rapidly but does not reach the extreme position and the volume does not stabilize, it will often be copied halfway up the mountain, such as Fushun Special Steel, which was just 16.99 yuan.
If the differences become larger and the bearish trend in the market is obvious, the stock price may fall again until it turns red and triggers a crash. Eventually, the bullish trend may turn into a bearish trend, resulting in a sharp drop in the day.
However, with the stabilized trading volume at this time, selective bottom fishing can still be tried, and the stock price is not too high. As for Xu Jianqing's one-time purchase of 1,100 lots, this amount of funds is only a very small part of the fund, and it is not a full-position all-in.
Fushun Special Steel's stock price, whose trading volume tended to be stable, returned to above the yellow moving average of the day at 10:30, closing at 17.65 yuan. Xu Jianqing also showed a satisfied smile on his face.
