Chapter 190 Operation Ideas During Adjustment Period
Chapter 190 Operational Thoughts during the Adjustment Period
Author: Ru Meng Ru Hua
Chapter 190 Operational Thoughts during the Adjustment Period
The trend of Fushun Special Steel, which returned to the trend line, gradually improved and reached the 18 yuan position again ten minutes later. The stock price continued to rise and exploded at 11 o'clock in the morning.
The last buy order of 15,000 lots pushed Fushun Special Steel's stock price to 18.55 yuan, and Fushun Special Steel hit its daily limit!
"Hahaha, I bought it right, I bought it, it's the daily limit." Xu Jianqing shouted happily, but this excitement only lasted for a minute.
Fushun Special Steel, which had a single surge, did not receive closing funds. Instead, large sell orders continued to pour in. One sell order of 8,000 lots pushed the stock price back to 18.50 yuan again.
"It's a little early to be happy, the pressure is still quite high, and the probability of closure is low." Wang Ruoyu stood behind Xu Jianqing and said, Wang Ruoyu was the most familiar among the three with this kind of large trading volume stock.
The volume of Fushun Special Steel is currently quite high. If you want to maintain the price limit, you need at least a trading volume of more than 1 billion today. However, from the current point of view, big funds have no intention of following suit and closing the market.
"It's okay. It's the first time I touch the board. I'll adjust the callback. If the turnover rate is good, there is still a chance of another callback." Xu Jianqing replied.
Judging from the current volume and energy, Xu Jianqing also knows that the probability of a quick closure is low, but since he has done short-term trading, who doesn't want to hit the daily limit?
Another batch-type mid-order order with less than 500 lots, Fushun Special Steel fell rapidly this time, and the stock price quickly fell above the yellow moving average during the day, maintaining a shock around 18 yuan.
The current trend is basically in line with Xu Jianqing's judgment. It is not yet clear whether the market can be closed. At midday closing, Fushun Special Steel closed at 18.01 yuan, with the stock price rising 6.82%.
Afternoon trading began, Fushun Special Steel began to shrink and fluctuate at high levels. Xu Jianqing had no hope for the closure. Throughout the afternoon, Fushun Special Steel fluctuated around the daily average price.
At the close of trading, it closed at 18.06 yuan, an increase of 7.12%. The trading volume was as high as 838 million yuan, and the turnover rate exceeded 10%. There were obvious differences in funds throughout the day.
Xu Jianqing was somewhat disappointed that he didn't hit the daily limit, but today's gain of almost 5% is pretty good.
"It's okay. A profit of 5% can basically guarantee that you can run away safely." Wang Ruoyu consoled him. The boss once said that whether you can make money in short-term trading does not depend on how many daily limits you can eat, but on how you can make money.
The drawdown rate is reduced to a minimum.
After staring at Fushun Special Steel for a day, Xu Jianqing finally remembered his Yin Zhijie. Yin Zhijie did not fall against the trend today, but the trend was still very sluggish and the trading volume was low.
This week, the two cities got off to a good start, stimulated by the positive weekend news. The Shanghai Composite Index surged 1.38% and returned to above 2,200 points. Heavyweight stocks such as financial services and real estate performed well today.
After the ChiNext Index opened slightly lower in early trading, it continued to fluctuate upward throughout the day, and finally closed up 1.48% at 1,397.78 points, continuing its attack on 1,400 points.
Before you know it, the GEM Index has rebounded by more than 11% in 12 trading days. The index has gone from the lowest point of 1255 points to the current point of 1397 points. The K-line chart shows a big deep V.
trend.
Under the cover of the surging trend of the Shanghai Composite Index since July, the ChiNext Index has not performed so well. However, today, investors are surprised to find that the biggest gains are still in small and medium-sized enterprises.
Tonghuashun has become the leader of this round of rebound. Tonghuashun, which hit the bottom earlier than the index, has rebounded from around 12.80 yuan to today's 20.93 yuan, an increase of more than 60%. It has become the most beautiful boy in the market.
Although the performance of Dongfang Fortune, which is in the same sector as Tonghuashun, is not as strong as Tonghuashun, it has gained nearly 15% in this round of rebound, unknowingly outperforming the two major indexes.
A strong stock is a strong stock after all, and each round of rebound is always completed unconsciously.
Compared with frequent stock exchanges, the concept of making money by continuously performing swing operations in a stock that you are familiar with, has intact fundamentals, and has a high winning rate is relatively large.
This is how Li Ze feels now. Although he has not participated in the transaction, most people in the group hold positions in Tonghuashun. They watch everyone repeatedly perform swing operations in Tonghuashun. Although there are also cutting operations, on the whole everyone is happy.
I have never lost money on Tonghuashun stock.
Repeated operations on a stock with a high winning rate will significantly reduce the probability of loss. While satisfying the desire for operation, you can also make money. This is probably the greatest truth of retail investors' stock trading.
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Although the boss is away, normal trading logs still need to be recorded. This is a necessary homework every day, even if there is no transaction throughout the day.
After finishing all the work, the three of them also left the trading room. They didn't see the boss in the company, so they left after get off work. They were the only three people in the company who had the most flexible off-duty hours. They could leave whenever they wanted.
However, no one envied them. Compared with other people's normal commute to get off work, Xu Jianqing and the other two people had to go to work at least half an hour earlier than others every day.
This was not requested by Gu Junhao, but was spontaneously done by the three of them, because if they arrived late, some early trading news might be missed due to time constraints.
It's not that Gu Junhao didn't come to the company today, it's just that the three of them didn't meet each other. After lunch, accompanied by Zhang Yiru, Gu Junhao also came back to process a few documents, but they didn't stay long before the two left again.
.
Days passed, transactions came day by day, and the next day, it was still the same.
Yesterday, both cities rose sharply, but today, the performance of the two cities was not so eye-catching. Just like last week when they adjusted around the big positive line, the same is true today.
The weights stalled and the index adjusted sideways. Fushun Steel, which rose sharply yesterday, also performed poorly today. It opened nearly 1% lower at the opening and appeared in the public eye.
Xu Jianqing quickly cleared Fushun Special Steel during the collective bidding stage. The transaction price was exactly the opening price of 17.89 yuan, 1,100 lots, and a profit of 74,800 yuan.
Compared with yesterday's call auction, today's call auction was much inferior. The call auction only amounted to less than 4,000 lots, including Xu Jianqing's 1,100 lots.
However, Xu Jianqing has not planned to exchange shares yet, and wants to wait and see after the market opens. Fushun Special Steel is still above the 5-day line, and yesterday's sharp rise deviated from the maximum position of the 5-day line.
Choosing to clear positions in call auctions is only for safety reasons. If Fushun Special Steel can return to the 5-day line today and gradually stabilize, we can still continue to do so.
At 9:30, trading officially started. Fushun Special Steel fell rapidly. The stock price fell by 3% in less than ten minutes. The continuous emergence of large sell orders seemed to indicate today's trend.
"Fortunately, we ran early, otherwise the profit would have been lost when the market opened." Looking at Fushun Special Steel, which has been falling all the way, Xu Jianqing was secretly grateful.
After having some time to clear the position, Xu Jianqing also observed the trend of the index and wanted to look for new opportunities. Although Fushun Special Steel has fallen significantly, it has not yet reached the desired position.
The two cities that saw big gains yesterday both fluctuated within a narrow range today. Individual stocks have entered a state of adjustment, and it seems that it is not that easy to find new opportunities.
As for changes in the market, Xu Jianqing decided to give up on these for the time being. He did not do well last week and will wait until he learns to follow the market for a while.
There are no good opportunities. Apart from taking a break, I can only continue to focus on Fushun Special Steel. It is impossible to take a break. I finally get the opportunity to do short-term trading, and I have to do it even if I lose money.
At 10 o'clock, Fushun Special Steel, which had been rising immeasurably, once again entered a state of heavy volume decline, and capital flight was very obvious. At 10:15, Fushun Special Steel reported a price of 17.25 yuan, returning to the vicinity of yesterday's purchase price.
The price of the five-day moving average is getting closer and closer, and Xu Jianqing has regained his energy. With the stock price fluctuating sharply, it is really good to do intraday arbitrage.
At 10:20, Fushun Special Steel fell sharply to the price of 17.07 yuan, an intraday drop of nearly 6%. If it had not been sold decisively during the call auction stage, it would have been in a loss situation by now.
"It's almost time to fall sharply." Xu Jianqing quickly took action and placed 1,200 lots at the price of 17.10 yuan. The remaining funds of 2 million plus profits were enough.
At the same time as Xu Jianqing's 1,200 delivery orders, there were also batch buy orders of less than 500 lots. Yesterday's batch selling and today's batch buying were done by the same funds.
Due to the advantage of the size of the order, Xu Jianqing's 1,200-lot buy order was successfully completed. The influx of bargain-hunting funds also brought Fushun Special Steel back to the price of 17.25 yuan again.
A large number of batch-type middle orders continued to appear, digesting the power of the short side. After trading sideways for a period of time, Fushun Special Steel ushered in its first rise in the day at 10:45.
The stock price of Fushun Special Steel quickly rose to 17.50 yuan, fluctuated below the yellow moving average for three minutes during the day, and then pulled up again. At 11:15, Fushun Special Steel reported 17.79 yuan, and the decline narrowed to less than 2%.
During the pull-up process, in addition to the batch-style middle orders, the largest single purchase order was 6,500 lots traded at the price of 17.40 yuan. It is obvious that the main funds did not want to buy in this split type today.
Launch an offensive.
The correction after the price of 17.79 yuan pulled up again, but the stock price still did not touch the opening price. At this time, it was already 11:25, and the opening price was still the highest price today.
At 11:30, Fushun Special Steel, which fluctuated at a high point, quickly fell back to close at 17.65 yuan at noon, an intraday drop of 2.32%. The trading volume shrank significantly yesterday morning.
"No chance. It looks like it will fall again in the afternoon. I don't know if I can run away tomorrow." Xu Jianqing said a little depressed. The main funds had no intention of raising the price. Xu Jianqing could tell.
"You are very brave to come in like this today." Wang Ruoyu, who was passing by Xu Jianqing's work table, said with some surprise. Wang Ruoyu and Liu Tingting, who had completed the morning's transaction, were already ready to go to dinner.
"The trend is not bad yet, and I also saw that there are funds to buy the bottom, so I thought about going in and giving it a try. Forget it, let's eat."