Chapter 37 Opportunity Cost
On February 20, Jiu'an opened higher and then went down, with the lowest price reaching 19.40 yuan, a decrease of 2.26%.
Wu Yirong saw Jiu'an's third-level diving jump from the highest 3.5% to -2.26%. He felt a little panicked and kept talking.
"Falled!"
"Bounce back!"
"It's fallen again, what should I do? Do you want to leave? You haven't lost yet,"
"Don't panic, what's the rush? There are still a lot of uncertainties in the ten minutes after the opening of the market. Wait until these ten minutes have passed before looking at it." Li Xuyao comforted.
"It's green, alas, it's coming back again."
"Brother Rong, your emotions are too easily affected by the market. It's easy to be induced by the information on the market." Li Xuyao said.
"Then what can we do? The market is going up and down, which can easily affect people. Each point costs thousands of dollars, so there is no way we can't avoid being affected." Wu Yirong was a little depressed.
"If you were playing a simulated disk, it shouldn't have such a big impact, right?"
"It should be possible. The simulated disk is just a number, not real money. Of course it won't affect my mood."
"If you can only regard the actual funds as a number, it should be much better." Li Xuyao looked at Wu Yirong.
Wu Yirong shook his head: "How is this possible?"
Li Xuyao said seriously: "It is possible. I am working hard in this direction now. When I have stocks in my hands and no stocks in my heart, I will probably be able to succeed."
Wu Yirong smiled: "Your metaphor is a bit martial arts."
Li Xuyao also smiled and said: "I like to read martial arts novels. The principles are actually the same. The key lies in how to understand and how to apply them in operations after understanding."
Wu Yirong asked: "Isn't this just like mathematics? There are only a few formulas, and then the questions are changed in different ways. If I change it even slightly, I won't be able to do it."
"Take your time, invest more time and energy, and you will understand."
"Brother Yao, you seem to be a lot better recently. You are much more stable than before, but the rate of return is even stronger than before." Wu Yirong looked at Li Xuyao, seeming a little curious.
Li Xuyao explained: "Recently I have read a lot of books by investment experts, and I have learned a little bit, and my level has improved slightly."
Wu Yirong became interested: "Then show me, I also want to improve."
Li Xuyao said: "That's the best. It's all on my bookshelf over there. You can look through it later."
Wu Yirong smiled and said: "Well, I'll take a look when the market is closed. Now I'd better keep an eye on the market."
Li Xuyao nodded: "Yes, when the market opens, it is better to keep an eye on the good points and develop a sense of trading."
"Jiu'an rebounded and turned red. It seemed to be suppressed by the time-sharing average price line and went down again. Can it go up?" Wu Yirong was a little worried.
"Don't worry, it'll be fine. So far, it's still in line with my expectations. There haven't been any major changes. Keeping track of the market is also to prevent accidents and respond in time."
"I see that your face is expressionless when reading the market, and there is no fluctuation in your heart?"
"It's not a big fluctuation. The amplitude of these few points won't affect me."
"Okay, this seems a bit pretentious."
After a while, Jiu'an's trading volume began to continue to increase, quickly standing on the time-sharing average price line, and then jumped up three levels. At 10:50, it rushed to more than 8 points. Wu Yirong's face showed joy.
As the stock price rose, the color gradually became exaggerated. While smiling, he said that Li Xuyao was worthy of being entrusted to him and was worthy of being "the one chosen by me."
Then he looked at Li Xuyao with great expectation and asked: "Can the price limit rise today?"
Li Xuyao looked at the market and saw that Jiu'an's real-time transactions began to see a lot of large selling orders, and the trading volume quickly dropped. So he said: "It's hard to say, the daily limit is still a bit difficult. I couldn't reach it with such a large volume just now.
It is probably the highest point today. And it has already reached 11 o'clock. There should be no larger transactions later. We have to see if there are funds rushing in at the end of the day. In this case, it may reach the daily limit."
Wu Yirong hummed and said: "It doesn't matter, just make as many points as you can."
Then, Jiu'an's trading volume never showed any improvement, and the stock price went sideways for two hours. The wave of heavy volume in the morning was really the highest price of the day. Jiu'an finally closed up by 6.25%.
The funds in Li Xuyao's account have exceeded 470,000, and he will soon reach the 500,000 threshold for opening margin trading. It will only last 20 trading days.
Li Xuyao is not in a hurry to open margin trading now. He will wait until the funds from Zhang Yang, Wei Ge, and Jiang Mengmeng arrive, so that the amount of financing can be much larger.
In 2014, the financing ratio of some securities companies can reach 1:2, some radical securities companies can even reach 1:3, and the leverage of over-the-counter capital allocation can even reach 1:5.
Li Xuyao will not do over-the-counter capital allocation. This is illegal. If he is investigated by the supervision in the future, the fine will be light. If he is banned from entering the market, then there will be no chance at all.
Li Xuyao asked Wu Yirong: "Brother Rong, have you enabled the margin trading function?"
Wu Yirong said: "It's not open. What's wrong?"
Li Xuyao said: "I plan to open it next month. When the market is good, using good leverage can speed up profits."
Wu Yirong said: "I don't want to open it. I feel that I have too much capital to handle it, and I am not good enough to operate it. I can only operate such a small amount of capital."
Li Xuyao thought for a while and said: "It's okay not to open it. The risk of leveraging is not small."
Wu Yirong said: "It depends on the situation. If the bull market really comes by then, it won't be too late for me to start again."
Li Xuyao said: "That's right. It won't be too late to open again by then. Do you really plan to hold on to your other positions and wait for your capital to be returned?"
Wu Yirong showed pain on his face and said: "It hurts too much to cut the flesh. I really don't want to do it."
Li Xuyao shook his head: "Okay. Do you want to consider imitating Brother Long and doing T to relieve the trap?"
Wu Yirong also shook his head: "Just do it a little bit. Can you guide me? I don't want to spend too much energy on doing T."
Li Xuyao said: "Brother Rong, why don't you just clear it all out? Do some Jiu'an, and if you're lucky, you may be able to get your money back with this sum."
Wu Yirong's eyes widened slightly: "You mean I clear everything else, and then the whole warehouse is safe?"
Li Xuyao nodded.
Wu Yirong sighed: "I don't dare. This is more than one million for one ticket. It's a bit scary to think about it."
Li Xuyao advised: "Brother Rong, I'm almost 500,000 now, and I have one in my entire warehouse. Don't worry, I'm with you, what are you afraid of?"
Wu Yirong said: "I say this because I am afraid that what if Jiu'an does not go as you expected?"
Li Xuyao continued to provide psychological counseling to Rong Gei: "Brother Rong, I am very sure about myself. Jiu'an's current trend, the second wave has just begun, there should be about 20% of room in the future, even if it can't be so good
If you eat more, it should be no problem if you eat ten points. To take a step back, even if Jiu'an does not do well this time and cannot let you get your money back, we can still make other tickets later. You can hold on to it now.
Aren't a few half-dead tickets taking up your funds? Isn't finance meant to make funds flow? You are also studying finance, so you should know the opportunity cost, right? How many good opportunities have you missed by holding these junk tickets?
”
Wu Yirong thought for a while and then said: "Okay. These junk tickets have been lying here for several months, and they are losing more and more. If I hope they will improve, it is better to find a few good tickets to speculate. I will buy them tomorrow."
Those few are cleared."
Chapter completed!