Chapter 66: The Fun of Stock Trading
It was April, the beginning of the second quarter. Gu Junhao's days passed by in trading, boring but not boring.
Some people may ask, knowing that few people make money from stock trading and many people lose money, then why are so many people rushing into the stock market? There are more than 100 million stock investors in the country, and at least tens of millions of investors go in and out of the stock market every day. What is the charm of the stock market?
In Gu Junhao's opinion, one of the pleasures of stock trading is that the threshold is very low. It does not cost money to open an account, and the minimum investment is only a few hundred yuan to buy or sell a stock. Participating in it is like lottery. There is also a large base of lottery players. Once the population base increases, there will naturally be more stock events.
The second is to challenge human nature. Although the threshold of the stock market is low, the difficulty is high. Otherwise, there would not be the rule of seven losses, one draw and two profits. But from the perspective of human nature, everyone has more or less a complex of not wanting to admit defeat and always thinks that they are the one who makes money.
The third is the joy of making money. Generally speaking, most people lose money in the stock market, but no matter which investor, it is impossible to lose money every day in the 250 trading days of a year. Whether it is technical investment, value investment or other ways, there is always a chance for you to make money, which adds a glimmer of possibility to the ordinary life and makes people persevere.
Fourthly, the stock market also has its entertainment attributes. There are many monsters in the stock market, all kinds of people are pointing fingers at the world, and deification movements are one after another. Whether it is a bear market or a bull market, there are always many different jokes, comparable to the gossip circle of stock investors.
With all these pleasures, how can one not be addicted to it? However, in Gu Junhao's opinion, the greatest pleasure of stocks lies in its uncertainty. Unlike work, it is not unchanging.
Of course, such uncertainty must be based on the ability to make money and have stable long-term returns. If you cannot make money, everything will be in vain.
In his previous life, Gu Junhao often advised some of his friends around him and on the Internet that if you have been investing in stocks for more than three years and still cannot make stable profits, it means that this thing is not suitable for you. The best thing to do is to quit. It is never too late to quit the stock market.
Of course, not many people can actually quit; that's human nature.
…
At 9:15, the call auction of the two markets began. Dafu Technology was trading actively, continuing the rebound trend of the previous trading day. There were constant movements at the beginning of the call auction.
"It looks like there's hope today. Is the stock going to start rising here?" Judging from the trend, although Dafu Technology experienced a sharp drop on the earnings forecast day, its trend has already broken through the previous platform.
The changes in market fundamentals, performance and trends all have the conditions for an upward trend. It is not surprising that the main funds choose to start the main upward trend.
After ten minutes of call auction, Dafu Technology finally opened at 19.60 yuan, with the stock price opening higher.
"It's a good opening." Looking at the market, Gu Junhao said happily, whether in terms of position or volume, Dafu Technology's performance in the opening stage today was good, and he hoped it would continue.
At the same time, both markets continued to open low today, with the Shanghai Composite Index opening at 2031 points and the ChiNext Index opening at 1327.18 points.
The economy is far from the recovery stage, and the stock market trend in the second quarter should still be dominated by low-level fluctuations. Without specific policy support, it will be difficult to have a substantial breakthrough. To put it bluntly, the A-share market is actually a policy market.
At 9:30, trading began. Gu Junhao also turned his attention back to his own holdings. The trend of the market could be used as a reference, but the specifics still depended on the performance of individual stocks.
Dafu Technology opened higher with a gap, and funds continued to flow in from the beginning of the trading. Unlike the rise in the early trading on the 28th, today's rise of Dafu Technology was driven by large orders, and the trading volume was obviously increased in the opening stage.
At 9:33, the share price of Dafu Technology had reached 19.93 yuan, an increase of more than 2%, officially testing the 20 yuan integer mark.
The indices of the two markets also opened low and ended high, all pulling up. The heavyweight stocks of the Shanghai Stock Exchange and the ChiNext all rebounded.
"Today is looking pretty good, it should be a good start." As long as the index is not bad , there is nothing to worry about.
At 9:35, Dafu Technology continued to advance by leaps and bounds. With a buy order of 2,500 lots, the stock price rose straight from 19.89 yuan to 20.42 yuan, an increase of more than 5%, breaking through the 20 yuan mark without any pressure.
"Oh my god, I got my money back so quickly? It really is a good stock."
"I envy those who have made back their investment. I am still 20 cents away from making back my investment. Come on, so I can run away."
"Why are you running today? The market is rising today, there's no need to run."
"I'm afraid of being trapped. Besides, this stock often doesn't follow the trend of the market. It goes down when the market goes up."
The volume has increased, and the price has also increased. Next it depends on whether there is an opportunity to do T. Looking at today's trend, a 7% or 8% increase should not be a problem.
After rising to 20.42 yuan, Dafu Technology began a brief adjustment, and the stock price gradually slipped above the yellow moving average of the day, but always remained above 20 yuan.
"It's a benign adjustment, the follow-up is very good, and the trend is very healthy." It is still necessary to digest some profits and trapped positions during the trading session.
This is how stocks work. There is buying and selling. Only after sufficient turnover, with some of the profit-making funds exiting and some people who continue to be optimistic coming in, will there be momentum for an increase. Gu Junhao's T-trading is equivalent to this concept.
At 9:45, Dafu Technology started to rise again. Five minutes later, the stock price reached 20.42 yuan again, and then continued to consolidate at a high level, but this time the adjustment time was obviously shorter.
At ten o'clock, six consecutive buying orders of over 1,200 lots appeared on the trading board, driving Dafu Technology's stock price to take off again. The stock price instantly rose by nearly 3% to 20.81 yuan, setting a new high for the year and appearing at the forefront of the intraday five-minute increase while the increase exceeded 7%.
"Oh my god, he just raised the price right after I sold it?"
"Damn, the previous high, is this a sell-off?"
"This is going to reach the daily limit, hurry up."
It turned out to be a positive line that changed the belief. If one line is not enough, then another one will come. There will be no more abusive words like on the 28th in the Dafu Technology stock trading area.
Dafu Technology's share price rose to the 7% level and then stayed there. Then there were three consecutive large buy orders of over 3,000 lots, and the share price rose strongly to 21.36 yuan, up 9.99%.
"Huh, it hit the daily limit directly. How sharp." Seeing the stock price hit the daily limit directly, Gu Junhao became conflicted.
Should I do T or not? There is no doubt that Dafu Technology has started to move in terms of trend. Regardless of whether it can hit the daily limit today, today's volume and price have both risen and broken through the previous high, far away from the box position. If I do T and sell it at this time, it would be a loss.
At 10:40, Dafu Technology opened the board and then closed it again, with less than 20,000 orders on the board.
