my financial empire

Chapter 9 The Way of Trading
"The position of 'Northern Navigation' is a bit high!"

While Wang Liling was hesitating whether to talk to Su Yue, in the trading room, Fang Wanqing took a look at the opening of the market, frowned slightly, and said with some hesitation: "If you participate in this position, even if today's check can reach the limit , and there is basically no profit margin, hey...it's really difficult."

"Sister, when you look at a stock, don't you only look at the trend of the day?" Su Yue responded while switching his personal trading account, "The stock price follows emotions and expectations, as long as the expectations and emotions of a stock If there is still the possibility of continuous heating up, then the stock price has not reached its peak, not to mention that the expectations and sentiment of the 'Northern Navigation' check have just begun to ferment, and the possibility of continued heating up in the future is basically certain."

"Emotions and expectations?" Fang Wanqing was thoughtful.

Su Yue nodded slightly, and continued: "The stock price performance on the disk will affect our emotions and judgments, so...in the transaction, I think we should focus on these two points, and combine the performance of the amount of funds, It should be able to more intuitively judge the buying and selling point of the transaction.”

"Excellent!" Fang Wanqing thought about what Su Yue said for a while, and praised.

Compared with Su Yue's thoughts, her criteria for judging the market's buying and selling points in trading are indeed too narrow.

At the same time, after understanding this point.

Fang Wanqing also reacted in an instant. Before the market officially opened at 9:30, she placed 5000 lots at the limit price in the form of an advance order, with a total of more than 690 million funds. make a deal.

"Su Yue, what do you think of the check for 'Fushun Special Steel' today?" After placing the buy order for 'Northern Navigation', Fang Wanqing glanced at the self-selected stock pool, another stock that she focused on, and whispered Asked, "Do you think this check has the possibility of hitting the third board?"

"It should be difficult." Su Yue said, "Short-term profit taking is too heavy, but the emotions and expectations of this check are still increasing. There is a high probability that after a wave of short-term profit taking is cleared, under the dominance of emotions and expectations , the stock price can still rise, and you can take a look at the capital composition of subsequent interventions. If there are institutional funds entering the market, you should continue to take a look at the upward trend of this check and the expected future space.”

"Understood!" Fang Wanqing responded, "Then I'll wait for the purchase point of this check."

After finishing speaking, she turned her gaze back to the trading board of the two cities.

At this time, the time has reached 9:30, and the two cities ushered in the official continuous auction trading session.

And when the short-term stagnation of the two markets began to bounce again, the stock price of the 'Northern Navigation' check, under the influence of many main buying funds, jumped up rapidly in an instant, and it hit the daily limit price in just half a minute.

Seeing that the share price of 'Northern Navigation' hit the daily limit price, the market sentiment was once again aroused.

Su Yue immediately liquidated the 'Fushun Special Steel' stock held in his personal stock account with one click, and after the funds returned, he directly chased the check of 'Northern Navigation' at the daily limit price, and at the same time, Fang Wan Qing also continued to increase her position by 2000 lots near the daily limit price of the 'Northern Navigation' check, and hit the bargaining chip of this check near the red line of the individual stock position limit.

Under the unanimous pursuit of the two.

At 9:31, 'Northern Navigation' completely blocked the daily limit with a burst volume of 1 million within 1.3 minute of opening.

"What do you mean? The daily limit will be closed in seconds!" Deng Yajie, who was sitting next to Fang Wanqing, had also noticed the change in the stock 'Northern Navigation', but because of a momentary hesitation, it was too late to place an order to buy again, and she couldn't help but said in surprise, " The news is not clear, and the market funds are scrambling for a while, everyone is crazy, right?"

"'Northern Navigation' has a daily limit, doesn't it feel like it won't be sealed?"

"If there is no accident, there should be a supervision letter for this check at noon today, or after the market today."

"It's obviously fake news. I don't know why everyone is crazily speculating on this check."

"I don't dare to follow such news-driven stocks. Let's see... As long as the regulatory letter is issued and the 'Ordnance Group' starts to clarify market rumors, how the stock's stock price rises will happen. Fall back."

"Comparatively speaking, the rising logic of the 'Fushun Special Steel' check should be more stable, right?"

"On the main line of 'military industry', today's hot spots have shifted to the concepts of 'Beidou Navigation' and 'domestic aircraft carrier'. The 'Northern Navigation' check, it seems that the market's attention and popularity are still soaring. Quickly suppress the check of 'LeTV' and become the most popular stock in the market."

Accompanied by Deng Yajie's astonishment, small discussions sounded from time to time among other traders in the trading room.

And amidst such small discussions, the market trading hours kept moving forward.

At 10:36 in the morning, the stock index turned red all the way from the low opening state in the early trading, the main market of "military industry" became more and more intense, and the concepts of "Beidou Navigation" and "domestic aircraft carrier" broke out in an all-round way, and the core concept stock "Northern Navigation" maintained its daily limit. The number of cover orders reached 3 lots, and the weight component stock 'Aviation Power' rose more than [-]%.

At 11 o'clock in the morning, the intraday increase of the Shanghai Stock Exchange Index expanded to about 0.5%. However, due to the negative impact of 'LeTV', the core component stock of the GEM, the entire ChiNext Index was still hovering underwater, which was relatively torn from the trend of the Shanghai Index. Moreover, the pattern of 'twenty-eight divisions' in the market is also more obvious.

At 11:30 in the morning, at the close of the noon market, the Shanghai Stock Exchange Index finally settled at a 0.42% increase, while the ChiNext Index fell by 0.78%. In terms of the performance of the core popular stocks in the two cities...'LeTV' increased volume and fell by the limit, and 'Northern Navigation' maintained In the daily limit trend, 'Fushun Special Steel' took the 3% increase position as the shock center, and fell into a violent shock pattern.

At noon, during the short break, market news and emotions continued to ferment.

The market supervision letter that many people expected did not appear in the news reaction of "Northern Navigation". Publicly speaking out against the market, and this also gave the market a check for 'Northern Navigation' hype, higher hazy expectations and room for imagination.

In the afternoon, the market reopened for trading.

'Northern Navigation' has become the most popular stock in the market. The number of cover orders continues to increase, and the selling price on the market has further dropped sharply. Absorbed a large number of chips.

At 2 o'clock in the afternoon, the market ushered in a short dive.

The stock price of 'Fushun Special Steel' hit the flat position at the lowest point in the session, and then rose rapidly, returning to the position near the 3% increase.

At 2:30 p.m., as the number of orders for 'LeTV''s limit-down orders increased, many other Internet stocks of the same type were affected and also dived one after another. The rapid decline, the tearing state with the Shanghai Stock Exchange Index, is getting bigger and bigger.

Finally, when the market closed at 3 o'clock in the afternoon.

The Shanghai Designated Index was at 2046.96 points, up 0.42%, with a turnover of 864.52 billion; the ChiNext Index closed down 1.13%, in stark contrast to the performance of the Shanghai Index.

In the polarized performance of the index, the performance of large-cap stocks today is significantly better than that of small- and medium-cap growth stocks.

Of course, the core hotspots of the market are still developing around the main line of 'military industry'. Among them, driven by the two stocks of 'Northern Navigation and Aerodynamics', the concepts of 'Beidou Navigation' and 'Domestic Aircraft Carrier' have become market Today's leading concept hot spot.

With such a closing situation...

The net value of Su Yue's personal stock account increased by 3.23% to 491006.56 yuan, holding a total of 355 lots of 'Northern Navigation' stocks at a cost of 13.81 yuan; while the net value of the fund sub-account he operated increased by 2.02%. Returning to the 1000 million mark, at the same time, the account's capital transaction authority has also passively increased to 8.04% due to the rapid growth of net worth.

Similarly, when the net asset value of Su Yue's personal stock account and the fund sub-accounts operated by him both increased significantly.

Thanks to the relatively good performance of the Shanghai stock index today and Wang Liling's correct strategic guidance to encourage everyone to trade around the main line of "military industry", the net asset value of the accounts of other traders today has also increased to a certain extent, resulting in the company's fund net value The trend also continued to outperform the broader market today.

After the market closed, everyone saw that the net value of the account and the net value of the fund they were operating rose simultaneously, and they all outperformed today's stock index. They were very excited, and their trading confidence quickly recovered. At the same time... for Wang Liling, the fund manager who was airborne, A lot more sense of identity.

Just when everyone is comparing today's account profitability with each other and actively discussing the market outlook.

Before getting off work, Wang Liling came back from the fund trading department's meeting. After carefully sorting out the position data of each fund's sub-accounts, Su Yue and Fang Wanqing were left alone by roll call.

"Today, the trading accounts of both of you on the same stock have reached the red line of the position limit." Wang Liling looked at the two of them carefully, and asked with a smile, "Tell me the reason for this operation." ? And...why are you so optimistic about the stock 'Northern Navigation'?"

Fang Wanqing knew that she was at the daily limit, and after chasing high and heavily buying the stock of 'Northern Navigation', which hit the position limit of individual stocks in her account, Wang Liling, as the fund manager, must ask why, in order to control the risk, after thinking about it , I couldn't help but preemptively explained my operating logic and expected thoughts on the stock 'Northern Navigation'.

"Su Yue, where are you?" Wang Liling turned to her apprentice.

Su Yue looked at Wang Liling with a smile, and responded, "Master, you already knew it in your heart, otherwise you wouldn't have waited until this time to ask us."

"But I still want to hear your operating logic and the reasons for choosing this stock." Wang Liling said.

"Operational logic, the senior sister has already said just now that my senior sister and I have basically the same ideas." Su Yue responded, "As for the reason for choosing this check, it is mainly due to the current stage of the market. In the big main line field that has been heated up by the market, under the stimulation of direct news, the check of 'Northern Navigation' is the stock with the strongest expectations and sentiments, and it is impossible for market funds not to speculate."

"But regarding this check, the good news on the surface may not necessarily be true." Wang Liling said with a smile, "If there is no accident, there should be news about this stock's regulatory letter at night, and if the good news is False, after the company clarifies, do you think the rising logic of this stock still exists?"

Su Yue responded: "Master should also know that the underlying hype logic that led to the explosion of this check stock is not this good news at all, but the general direction of the two policies of 'military industry asset restructuring' and 'military industry asset securitization'. , as well as the breakthrough of the key technology of 'BeiDou Navigation', as well as the expectation of the future commercial market space... These are the fundamental logics that support the stock price explosion of this stock, and the good news is just a lead.

This lead ignited emotions and instantly pushed the check to the cusp of the market.

If we only analyze it from the emotional side and ignore the underlying logic of expectations, it will be completely "one leaf blinds the eye, but Taishan is not seen".

With the support of these underlying logic...

Even if this good news is falsified, there is a high probability that the stock price will continue to break through upwards.

Because regardless of the impact of good news, the future expectations of this stock are still growing. In addition, this stock has been silent for a long time during the bottom adjustment. The internal chip structure is also quite clean. When future expectations When the stock price continues to grow, and there is a big difference between the stock price and the expected reaction, it is impossible for the smart main capital group in the market not to seize this opportunity to fill in the gap between the stock price and the expected reaction. "

After listening to Su Yue's analysis, Wang Liling's face gradually became more smiling, and she was quite happy in her heart, knowing that her apprentice had already achieved some accomplishments in the "way of trading and investment" and was able to grasp the market's most important skills. There are some core things, and I couldn't help but admire: "The analysis is very good, it seems that you are already fully qualified for the position of the company's trader, but the trading methods of the two of you are still too aggressive, and you will be full of positions at every turn." ...You guys don't leave room for yourselves to make mistakes at all!"

"Didn't Master say it before..." Su Yue responded with a smile, "You said that the trading rules are not static. What kind of opportunity matches what kind of trading mode. With the current situation of our fund, we basically There is no time to slowly choose long-term investment opportunities, and to invest in individual stocks that are expected to be realized in half a year, a year, or even in the following two or three years. We can only follow the core hot spots of the market and make trend investments. , or speculative, and I think this is also the strategic motivation why Master chose to let us all focus on the line of 'military industry'."

Hearing Su Yue's words, Wang Liling was startled. There was an illusion that the thoughts and plans in her heart were all accurately analyzed and guessed by the other party. She was stunned for a moment before she replied with a smile: "When will I Have you said this? But you two know what is at stake, as long as you know the risks of this type of transaction."

As the so-called 'you don't need a heavy hammer to beat the drum', Su Yue and Fang Wanqing are both traders she values ​​more.

And after the understanding just now, she knew that the two of them did not do it casually in trading operations, but strictly followed the trading logic in their operations, so she was not going to emphasize too much.

"Okay, both of you get off work." After a pause, Wang Liling continued, "I'll study what you both said just now, about the stock of 'Northern Navigation', and the companies of 'Beidou Navigation' and 'Domestic Aircraft Carrier'." It is a market continuity issue that is a hot spot in the market concept.”

"Okay!" Su Yue and Fang Wanqing responded simultaneously.

Afterwards, the two left Wang Liling's office, went back to the trading room and turned off the computer, cleaned up briefly, and got off work together.

"Student, after you joined the company, you shouldn't have been with Sister Liling for long, right?"

Walking out of the company, the two of them stood in the corridor waiting for the elevator. Fang Wanqing recalled the scene just now, and couldn't help but look at Su Yue carefully, and said, "How can you master the skills of market analysis and trading operations?" Understand so deeply? To be honest... In terms of your operation method, market analysis logic, and individual stock research ability, you are not like a novice trader who has just entered the market. Let alone me, according to my observation, Lu The team leader doesn't seem to be as good as you in some personal abilities."

"Senior sister's words really upset me." Su Yue replied, "If Team Leader Lu hears about it, I'm afraid our senior sister and I will have a hard time in the company."

Fang Wanqing chuckled and said, "Don't you still have your master as a backer? Are you still afraid of Team Leader Lu?"

"My master has always focused on the company's interests and work, and he doesn't care about me." Su Yue said, "And I am a newcomer in our trading room. At this time, if the master helps me and takes care of me everywhere, it will cause trouble. People gossip, and it may directly arouse everyone's disgust and cause everyone to isolate me, which is not what I want."

"You have a delicate mind." Fang Wanqing saw the elevator arrived, walked into the elevator with a smile, looked at Su Yue who was following up, and continued, "Sister Liling has an apprentice like you in the company who always thinks about her. Lucky."

Su Yue flashed a lot of past events in his mind, and replied: "The kindness of dripping water should be repaid by a spring. Without Master's help, I would not be able to stay in the company, and it is unknown whether I can even stay in Shanghai."

In a sense, Wang Liling played a crucial role in changing his original life trajectory and shaping his personal survival ability. Now...he has the ability to change some things and repay some things that Wang Liling once had. For some help to him, he believes that this is what he should do.

Just as Su Yue was meditating briefly...

The elevator the two of them were riding in, when it was normally descending to the 7th floor, suddenly broke down, the button panel flashed sharply, and the car instantly lost weight and plummeted.

Su Yue felt the strong weightlessness, his heart was startled suddenly, and he regained consciousness in an instant.

But before he could react in the future, he saw the out-of-control car plummeting two floors and then stopped on the fifth floor. The flashing button panel also returned to normal in an instant.

At this time, Su Yue had time to turn his head to look at Fang Wanqing.

In less than a second, Fang Wanqing's face turned pale.

Without waiting for the stopped elevator to move again, Su Yue stabilized his mind, quickly took a step forward, and lit up all the floor buttons below the 5th floor, and at the same time, quickly pressed the emergency button.

After he had done all this, the elevator doors opened.

However, the location where the elevator car stops is obviously a few centimeters away from the location of the corridor on the fifth floor.

"Let's... go out!" Seeing the elevator door open, Fang Wanqing glanced outside, gritted her teeth, and tried to calm herself down, "Staying here will be even more dangerous."

After speaking, before Su Yue could respond, Fang Wanqing squeezed the sweat on her palms and moved out of the elevator.

"Don't move!" Su Yue saw that the parking position of the elevator was inconsistent with the location of the corridor, and knew that the elevator failure had not been recovered, and it was very likely that another accident would happen in an instant, so he couldn't help but hastily grabbed Fang Wanqing.

Fang Wanqing was taken aback for a moment, and before she had time to react, she saw the elevator plummeting down again.

Seeing that her body was only less than three inches away from the gap between the falling car door and the corridor, her body softened, and the center of gravity of her whole body instantly fell into Su Yue's arms.

(End of this chapter)