My rebirth is different

Chapter 290 Starting to Build a Position

In 2002, there were already many professional stock investors in China, and Lao Huang from Rongcheng was one of them.

Lao Huang can be said to be the first batch of old stock investors in China. In the early 90s, he was the first batch of stock investors.

In the past ten years, I have been struggling in the stock market, and I have achieved financial freedom.

In the local stock trading circle in Rongcheng, he is well-known as a master, and people in the Jianghu gave him the nickname "Huang Wanwan"!
On September 9th, it is Monday again, and it is a new beginning of the week.

I got up early, walked the dog in a nearby park, had breakfast at the snack bar downstairs, and then brought a copy back to my wife and children.

After the children and their wives went out, it was nine o'clock. Lao Huang sat in front of the computer in the study on time, turned on the computer and prepared to start the day's work.

His job, of course, is to speculate in stocks.

However, the stock market has been sluggish in the past two years, and Lao Huang also sees more and buys less.

In this general environment, less loss is more profit!

A veteran like Lao Huang, of course, would not make a rash move. He would stare at a stock for a long time and wait for the stock to start a trend before decisively entering the market.

As long as he can earn his own psychological expectations, Lao Huang will clear his position.

Don't be greedy, this is Lao Huang's stock trading principle. He never expects to make all the money he has, as long as he can make a similar amount, he is very satisfied.

It is this habit that has saved Lao Huang countless times, and also earned him the reputation of "Huang Wanwan".

Open your own account, there are 80 funds available on the account, but the position is 0!

In the past three months, Lao Huang has not bought any stocks because he has not found any stocks worth buying.

"Maybe today is another calm, dull day."

Lao Huang said to himself, then got up to make a pot of tea.

Amoi Electronics, stock code 600057. This is an unobtrusive stock, but Lao Huang put it in the self-selected stocks and has been observing.

Because Amoi Electronics is involved in the mobile phone industry, and the mobile phone industry is the fastest growing industry in the past two years, it deserves attention.

However, Amoi Electronics has been losing money in the past two years, and its stock price has continued to decline.

Lao Huang still remembers that in the middle of last year, he just put Amoi Electronics into the self-selected stock, and the stock price of Amoi Electronics was 18 yuan at that time.

Now, it's only ten yuan, almost cut in half!

Now it is the bidding stage, Lao Huang took a look, and sure enough, Amoi Electronics is still alive.

In the first few minutes, no one even participated in the bidding!

When the market opened at 09:30, Amoi Electronics dropped 0.5 points at the opening, not a big drop, but fell a little bit every day.

But a veteran like Lao Huang knows that the more such a stock is, the less he can buy it!
Because this represents the stock nature of this stock and is not active!
To put it in a deeper way, it means that there are no dealers and big funds to take a fancy to this stock, and no one is speculating, so naturally it will not rise. This is the iron law of the stock market!
After Lao Huang took a few glances, he switched the page to other stocks.

Recently, resource companies seem to be doing well, and stocks in the entire category have risen, and Lao Huang has also focused on those stocks.

However, he was not sure if this type of ticket had any stamina, and whether it would suddenly fall off a cliff, so he didn't make a move.

Would rather not make money than take risks.

…………

At the same time, in Shanghai, in a large classroom of Jiaotong University.

As usual, Yu Wenfei sat in the corner of the back row, with Wu Xiu beside him.

He stared intently at the screen of the Apple notebook in front of him, and what was displayed on the screen was the stock trend of Amoi Electronics.

The opening fell 0.5 points, and there were not many transactions, but there were many selling orders at high prices.

Yu Wenfei knew that those high-priced sales orders were placed by non-professional stockholders.

Those people usually have to go to work and have no time or conditions to stare at stocks during working hours, so they like to take the time to set a high price when the market opens, and then ignore it.

If it can be sold, it is a profit. It doesn't matter if it can't be sold, and the price will continue to be high tomorrow.

The stock price fluctuated around 10 yuan, basically no ups and downs, a smooth curve.

Yu Wenfei's account is naturally not comparable to that of Lao Huang. All the 4000 million funds on hand are in the account. After the available balance of the account, after the "4", there is a long series of "0".

After watching for a while, Yu Wenfei did not act rashly, because it is not so easy for him to enter the market with such a large amount of money.

Amoi Electronics' market is not big, with a total market value of only one billion, and the real market value of the market is estimated to be around three or four billion. It's a bit big for me to throw in 4000 million.

In case the retail investors who hold Amoi Electronics shares see big money coming into the market, they will hold their hands tightly and refuse to buy, then it will be useless no matter how much money they have, because they will not be able to buy stocks.

With few stocks in hand, it doesn't make any sense to pull the stock price. It is tantamount to making a wedding dress for others. Of course Yu Wenfei would not be so stupid.

To be a stock, the most basic thing is to sweep the goods first, "garrison" a sufficient amount, then speculate on the stock price, and finally leave the market.

The closing price of Amoi Electronics yesterday was ten yuan, and the current share price is 9.75 yuan.

10 yuan per share, one lot is 1000 yuan, one hundred lots is one hundred thousand.

Yu Wenfei first tentatively placed a 0.5-lot buy order, which directly pulled the stock price from a drop of 20 points to [-] yuan, and wiped out the sell orders below [-] yuan, and there were more than [-] lots left unfilled.

He was not in a hurry to continue to raise the stock price to wipe out the above sell orders, but waited for a while.

Sure enough, seeing a ten-yuan buy order, some retail investors began to sell with one hand and two hands. Many people have been doing it for a long time, and no one can bear the daily drop.

If you can sell it today without losing money, then sell it.

After waiting for more than ten minutes, all of Yu Wenfei's 9.9-lot buy orders were filled, and the stock price was pushed down to around [-] by successive small sell orders.

Yu Wenfei unhurriedly placed another one hundred lots to pay, still at the price of ten yuan.

In this way, he slowly "sweeps the goods" with one hundred or more than 90 lots, or a few hundred lots. If there is no deal for a while, he is not in a hurry, just hang up the list there.

…………

Lao Huang looked at the resource stocks for a while, but still didn't find anything he liked, so he switched back to the self-selected stocks and took a look.

"Hey, Amoi Electronics didn't fall today. Although it didn't go red, it wasn't easy."

Lao Huang looked at the stock trend of Amoi Electronics in surprise, and saw a buy order of more than 90 lots hanging at ten yuan.

He was taken aback, and immediately looked at the turnover rate.

I found that the stock performance of Amoi Electronics is a bit active today. It has only been a little more than an hour since 09:30, and there is already a turnover rate of about 0.5%!
This turnover rate, in a big bull market, can be regarded as a "dead stock", but in a big bear market, it is no longer easy. This is a manifestation of the stock market becoming active.

It shows that someone is willing to buy, and the amount of buying is not small.

This stock...

has a problem!
(End of this chapter)