Compared with the investors who rushed into Dongfang Fortune in early trading, those who bought Tonghuashun at the bottom of the green market this morning were luckier.
Tonghuashun, which also surged higher and fell back, finally closed at 24.70 yuan throughout the day, recording 1.35%. The transaction volume for the whole day was 339 million yuan, and the turnover rate also reached more than 10%.
Compared with the closing price of Dongfang Fortune, which is the lowest price, Tonghuashun has a higher probability of going higher tomorrow. Ordinary investors who buy in the green market today have a higher chance of taking profit and exiting the market.
But no matter what, the heavy volume decline of these two stocks today also represents the beginning of an adjustment, which is no longer in line with the operation in a short period of time.
At 5:30, the Dragon and Tiger List updated Yin Zhijie’s today’s Dragon and Tiger List. On Yin Zhijie’s Dragon and Tiger List, institutional seats were sold out frequently, and institutional seats that bought two bought more than 10 million yuan.
The institutions that sold seats two and five sold a total of 8.5 million yuan. Relatively speaking, it was not just hot money today. Institutions also showed a net purchase of Yin Zhijie stock.
Two hours after the Yinzhijie Dragon and Tiger List was announced, the company issued a formal announcement and received a feedback notice on administrative licensing project review issued by the China Securities Regulatory Commission.
"So that's it, these institutions are really smart." After seeing the announcement, Gu Junhao finally understood the reason why the institutions rushed into the market today.
The content of this announcement actually talks about the progress of the asset reorganization; it can also be seen from this announcement that Yinzhijie's asset reorganization has made significant progress.
Judging from the specific reply notice time given in the announcement, Yinzhijie's major asset restructuring will have final results around the end of next month at the latest.
This announcement with a clear timeline is undoubtedly good news; regardless of whether the China Securities Regulatory Commission will approve or reject the acquisition by the end of next month.
With a month's response time, for institutions, there is already a lot of profit; this kind of information advantage makes retail investors how to fight with them.
Returning to this era, Gu Junhao once again experienced the current chaos in the market. The market outlook is in 2022. Although the market is not as good as it is now, there are still a lot less blatant behaviors like this.
Strict supervision is undoubtedly a good thing for retail investors, but it is impossible to completely eliminate this phenomenon.
There was nothing to say all night. On Tuesday, Gu Junhao, who was dealing with company affairs, came to the trading room. Tong Huashun had done what he could do. He didn't know much about the current situation of the fund.
The identity of Junshi No. 1 fund manager and part-time trader cannot be forgotten.
"Let me guess, the boss must have reduced his position in Tonghuashun yesterday." Xu Jianqing said with a smile as soon as he entered the door.
"Haha, a lot of hot money has been doing short-term trading for two weeks, and his skills have improved." Gu Junhao also smiled and added, this is not difficult to guess.
Since he hasn't been here for more than a week, Gu Junhao is not busy with the morning meeting. Instead, he asks everyone to bring up their recent transaction records. Gu Junhao wants to check it.
The first thing we look at is Liu Tingting. Her operation is relatively simple; apart from doing T during the day, it was the position reduction last Friday, and there was no operation yesterday.
After reading the operation records, Gu Junhao flipped through Liu Tingting's operation log. The log recorded that the reason for the lack of operations yesterday was the adjustment and differentiation of heavyweight stocks, which affected the brokerage sector.
Judging from the trend of the daily K-line, the decline of Xibe Securities yesterday has fallen below all the moving averages from the 5th to the 20th line. The trend of one negative crossing multiple curves will undoubtedly have to wait.
"Not bad, well done; making rapid progress and having enough patience." Gu Junhao said to Liu Tingting while comparing the K-line.
The analysis in the log is correct. Although Xibu Securities fell by 2.23% yesterday, although it does not seem to be much, specific stocks need to be analyzed in detail.
A drop of more than 2% is already considered very large for a securities stock that usually fluctuates less. The K-line of Hebe Securities is also a long negative line.
If it cannot close up today, if nothing unexpected happens, Xibe Securities will continue to test the 60-day line to find new support points as the market adjusts.
Currently, there is 6.7 million yuan in cash lying in the sub-account of Xibu Securities, and the price of the 60-day line is around 11.60 yuan, which is still more than 2% higher than yesterday's closing price.
This 2% gap can also be used to collect more chips, which is what Liu Tingting's patience can achieve. For an impatient person, she had already bought it at the end of yesterday.
After all, despite continued optimism, the closing price has been far lower than the selling price last Friday.
"Boss, you think we can wait, right?" Seeing Gu Junhao's confirmation, Liu Tingting also said with a smile.
"Well, don't wait too long, just one or two days. It is of course the best if you can stand firm on the 60-day line. If you can't stand firm, buy it again in these few days."
Although Gu Junhao was very sure of Liu Tingting's view, he still decided to let her refill her position in Xibu Securities in the past few trading days.
This is all because there is currently no systemic risk in the market, it is just an adjustment, and the specific time of this adjustment cannot be estimated.
Instead of waiting for him to finally adjust and finish buying, it is better to start buying gradually while the current stock price is well below 12 yuan, just like making a T the next day.
For a stock that has the potential to benefit from additional issuance, I really don’t know when it will be launched. If I delay it for a few more days, the T will be in vain.
Gu Junhao only scanned some of Xu Jianqing's sub-accounts. Gu Junhao didn't care about Xu Da's short-term operations, and it didn't matter whether he made money or lost money.
However, it was with this glance that Gu Junhao discovered that Xu Jianqing had used the remaining funds in his hand to buy Yin Zhijie yesterday, and Yin Zhijie's position actually reached 9,800 lots.
"You have a good grasp of the time. It seems that your ability to read the market has improved." However, compared to Xu Jianqing's improvement in his ability to read the market, Gu Junhao is even more pleased that he seems to have a certain amount of patience.
Under yesterday's unusual movement, Xu Jianqing was actually able to slowly accumulate funds below the daily moving average, instead of making a one-time purchase that would cause stock price fluctuations and thereby increase costs.
"Haha, I saw yesterday that he increased the volume and the price went up, so I thought it wouldn't be a big problem to buy." Faced with the boss's praise, Xu Da Hot Money seemed a little embarrassed.
"Fortunately, it's only 2.5 million yuan, otherwise I would have been on the Dragon and Tiger List." Yesterday, the amount for buying five seats on the Dragon and Tiger List was 4.81 million yuan, and it was still Hongling Middle Road in Shencheng.
"The trading volume is still too small. You should pay attention to it when doing T in the future. Try to control the amount to about 3 million yuan to avoid appearing on the dragon and tiger list."
Hongling has not taken the middle road, and institutions are also buying. For small-cap stocks like Yinzhijie, with nearly 10,000 chips in hand, it is still necessary to try to keep a low profile.
If you spend two to three million doing T-shirts, big funds won't pay much attention to you, but if you spend more than ten million or even tens of millions to do T-shirts, then it's not easy to say.
"Okay, I understand." Xu Jianqing nodded, but she still felt a little regretful.
Gu Junhao knew exactly what Xu Jianqing was thinking. It was Xu Jianqing's dream to become a hot money player. Since he was a hot money player, he would inevitably appear on the dragon and tiger list.
The reason why I specifically reminded him to control his position and do T was because he was afraid that Xu Jianqing would get too excited. Just like last time, it would be bad if he accidentally appeared on the Dragon and Tiger list.
After that, we arrived at Dongfang Wealth, which Gu Junhao was most concerned about. We had seen it before, and today we mainly wanted to take a look at Wang Ruoyu’s operation yesterday.
Not surprisingly, Wang Ruoyu was still so stable. He took advantage of the high position to reduce part of his position in the early trading, and at two o'clock, Wang Ruoyu still had transactions to sell.
It can be seen that he is also aware of the short-term risks of Dongfang Fortune. The stock price has fallen to near the flat price and is still shipping.
"Not bad, keep it up." Seeing that there were only 5,000 lots of Dongfang Wealth left in his account, as well as up to 10.5 million yuan in cash, Gu Junhao no longer needed to say anything.
With a sales volume of 7,500 lots, Wang Ruoyu was able to maintain an average transaction price of 14 yuan, which is quite good.
"You did a great job. I'll tell Director Guo when the time comes and I'll give you a bonus." Gu Junhao was very satisfied with the performance of the three of them yesterday. They were able to achieve this level without any explanation in advance.
"Haha, thank you, boss!" The three of them said in unison. It is a happy thing to receive bonuses, especially for the three of them who have recently bought new cars. The small coffers are still quite tight.
"Okay, everyone, take your places and prepare for today's transaction." Gu Junhao waved his hand and then walked to his work station.
The work station was very clean. Gu Junhao wiped it with his fingers and found that it was not stained. It could be seen that someone was cleaning it every day. He nodded and Gu Junhao didn't say much.
The trading time has arrived on time. Following yesterday's dark opening, both markets still opened lower today. Among the fund holdings, Dongfang Wealth has the worst trend.
Following yesterday's barefoot negative line, Dongfang Fortune once again jumped down and opened lower today, at 13.04 yuan. The stock price fell 2.07%, and nearly 14,000 lots were traded during the call auction.
There are obvious signs of big money running away, and with the stock price falling, today's Dongfang wealth trend has basically been ruined.
"No need to move today, just wait for the 10th line." Gu Junhao said to Wang Ruoyu.
This kind of trend of gapping downwards from high positions, even if the gap is quickly filled within the day, it is difficult to hold on to the 5-day line. This is what Dongfang Wealth is familiar with.
Otherwise, if he changed to a stock that he was not familiar with, Gu Junhao would definitely clear his position and leave; then, Gu Junhao looked at his position, Tonghuashun.
Tonghuashun performed better than Dongfang Fortune today. Following yesterday's false negative line, Tonghuashun opened at a flat price today, which relatively speaking gave it a chance to run away.
——
"If it's not for sale, I know about the adjustment, but I can't do it properly. I don't know when it will be adjusted. It would be bad if the sales go away." Li Ze said sonorously and forcefully in the stud group.
Yesterday, both Dongfang Fortune and Tonghuashun fell. Most of the people in the crowd chose to clear their positions and run away. Only Li Ze still had a full position, and Brother Cao reduced his position to 30%.
The moment the stock price exceeded 26 yuan, Li Ze was quite excited. It was the first stock to double in his life. After that, he saw everyone reducing and clearing their positions.
To say it or not, it was false, but Li Ze decided to wait a little longer, hoping that when Brother T resolves the pledge, there will be an announcement on the lifting of the pledge.
"Dongfang Fortune has jumped down today, and the trend will definitely not be much better. Tong Huashun should be more kind. In the early trading, there was still a chance for people to run away. Li Kuang, you didn't sell it."
"Don't panic, I made a big profit. So many institutions appeared on the Dragon and Tiger List that day, and Brother T was also on the list. The market must be big." Then Li Ze said: "Brother T, Dafu Technology, only took it for more than a month.
The stock was cleared, but he had held it for several months at Xiangsu Technology.
If you look at the trends of Xiangsu Technology and Dafu Technology, Tong Huashun has been taking it for a few months this time and has pledged it, so he will definitely take it for a while longer, aren't you excited?"
Everyone knew what Li Ze meant, but it still had to be sold.
"Just wait until the adjustment is completed later before entering. I have sold out many times before, so I have given you an opportunity. If you clear your position, the stock price will fall, and you can buy more."
"What you said does make sense, but I'd better forget it. I'm afraid that if I sell now, if it goes higher later and I chase it again, it will be a loss.
Besides, if it really falls a lot, I can continue to increase my position, Tong Huashun’s trend is not bad.”
Li Ze is so stubborn about stocks. Once he decides on something, he won't listen to other people's suggestions until he finally overthrows himself.
This was true for short-term trading before, and it is also true for Tong Huashun now. Strictly speaking, this kind of personality is actually not suitable for stock trading. The stock market is ever-changing, and a stock can have its expectations and sometimes unexpected times.
Even if it is expected, there will be relatively large adjustments. It is reasonable to follow the trend and make a small band operation at this time.
The essence of long-term investment is to go long and short, and perform swing operations during the holding process. While avoiding adjustments, it can also reduce the cost and risk of holding positions.
Whether you choose to clear your position or significantly reduce your position until the expected time comes depends on your personal position and the use of funds. However, before the expected time, swing operations also leave enough room for liquidation and stop loss.
The ultimate purpose of buying stocks is to sell them, as long as you reach your profit target.
Of course, this is the way to operate when there is profit and the profit is high.
As for how stocks that have been locked up for a long time should be operated, this is another matter.
For stocks that have been locked up for a long time, it depends on whether there are changes in the fundamentals of the industry and the company. If there are no changes, you can hold them patiently.
A stock cannot always be in a state of decline. Even if it falls from a high of 48 yuan, it will rebound at a certain position.
When the fundamentals remain unchanged, using this small rebound to perform band operations is also a way to unwind.
However, unlike adjustments to an upward trend, rebounds during a decline often have a next low.
During the rebound at this time, remember not to be too greedy, and exit the newly entered positions in a timely manner after earning a little profit.
Then be patient and use the pattern of multiple rebounds to slowly reduce costs.
This is just a helpless move. For most people, it is still reluctant to cut the meat too deep, so they can use this method to reduce some losses.
Of course, the best way to operate is to stop the loss and exit in time when the risk is discovered, thereby reducing the probability of loss.
Just like today's Dongfang Fortune, if you entered after chasing the high yesterday, you should think about how to operate today based on the trend performance of the individual stocks themselves and the index at the end of the trading day.
If the index and individual stocks perform well at the opening today, you can wait. Even if the wealth drops sharply at the opening today, it is still an excellent opportunity to do T trading within the day.
After all, as much as 1.8 billion was traded yesterday. These funds need to be released, and there will also be some pull-up. But like now, when the decline is not large and the gap can go up or down, we cannot hesitate.
When the market opens or when the gap is upward, you should stop the loss and exit in time. If you are familiar with individual stocks, you can wait until after the adjustment to enter again.
While reducing risks, you can also make a T by the way. The same funds can buy more chips, which also provides a basis for rebounding.
After the start of trading, Dongfang Wealth, which rebounded slightly, quickly started to fall after finally reaching 13.37 yuan. As Gu Junhao judged, it continued to fall after filling the gap.
With such a trend, there is no need to pay too much attention today as long as the position is held without worries; then, Gu Junhao turned his attention to Yin Zhijie.
For stocks promoted by institutions, the probability of continuous trading is still relatively small. Yinzhijie opened at a high of 19.48 yuan in early trading today, and fell quickly after the market closed to cover the gap.
Seeing that the two markets were still fluctuating downward like yesterday, Gu Junhao said to the three of them: "You must pay special attention to the upward gap during the adjustment period. There is a high probability that it will be replenished; so don't worry if you want to buy."
Yin Zhijie's volume in early trading today is still not small, which is naturally a good thing. Regardless of the increase in volume, the most fearful thing for a stock is to always be in an infinite state.
After observing the up and down trend of Yin Zhijie, Gu Junhao also lost interest. Anyway, with Xu Jianqing watching, Gu Junhao focused on the Shanghai Composite Index.
Although there was good news about the approval of the Shenzhen-Hong Kong Stock Connect in the morning news, it was obviously high and volatile. The Shanghai Composite Index, which fell to the 5-day line yesterday, did not rebound as expected when the Shanghai-Hong Kong Stock Connect was launched.
When the market is at a low level, all it takes is the stimulation of a piece of news, and funds will pour in like chicken blood. Once it reaches a high level, it will not be so easy for big funds to take over.
The tricks that fellow traders should not follow are only effective when used on retail investors. Big funds obviously do not follow this trick.
Although some heavyweight stocks are still protecting the market, the Shanghai Composite Index continues to fluctuate downward after a slight red turn, and the adjustment trend remains unchanged.
The Shanghai Composite Index, which fluctuated downward in early trading, also fell below the 5-day line as expected, while the ChiNext Index fell faster than yesterday.
As of 10:30 in the morning, the ChiNext Index, which was fluctuating downwards, fell by more than 1%. More than 60% of the stocks in the two cities were in the green market, and the market was cloudy.
However, it seems that the trend of the two city indexes has not yet affected fund holdings other than Dongfang Wealth, and Xibe Securities has remained within a narrow range near the flat price.
Needless to say, Yin Zhijie, which hit the daily limit yesterday, needs no introduction, and Wan'an Technology, which I haven't watched for a while, actually performed pretty well today.
Since Wan'an Technology briefly hit a high on August 14 and reported a price of 13.55 yuan, in the following seven trading days, it continued to adjust and fluctuate downward until it fell below the five-day line.
As of today, Wan'an Technology has already fallen below the 10-day line support level, and the daily trading volume has once again returned to below 50 million yuan. Last Friday, it set a recent low, with daily trading volume of 30 million yuan.
In early trading today, Wan'an Technology maintained an increase of around 0.5%, but the trading volume was still sluggish. It seemed that the adjustment was ending, but the trading volume obviously cannot deceive everyone.
Stocks that are shrinking and rising in volume should still attract attention unless they are at an absolutely low level. Last Friday, Wan'an Technology's trading volume of 30 million yuan also closed in the red.
However, it was of no use. A drop yesterday brought the stock price back to its original shape.
"Looks like there's nothing going on today."
Throughout the morning, Gu Junhao did not choose to trade, but observed the recent performance of fund holdings and today's opening. After analyzing, Gu Junhao couldn't help but sigh to the three of them.
Today, except for Yin Zhijie, there are other three support positions, among which Wan'an Technology has suffered a serious shrinkage, and it is not suitable to intervene on the second trading day of Dongfang Wealth's wide adjustment.
As for Xibe Securities, although its performance in early trading was acceptable, it is difficult for a brokerage stock to be immune to the way the index has fallen. If nothing else, it will most likely turn green in the afternoon.
"It would be great if Xibu Securities closed a negative line today like yesterday." After hearing Gu Junhao's sigh, Liu Tingting also said.
If you close a bar with a similar trend as yesterday, you can start building a position in the late trading."
After a period of real trading, Liu Tingting also discovered that opening a position does not need to be so tiring. Calculated based on the current price of Xibu Securities, 6.7 million funds can buy more than 5,600 lots.
If you buy in the market, you need to keep trading, but if you buy appropriately in the market and place a large order in the late market call auction, this is not the case.
In addition to making transactions easier, this method will also greatly speed up the speed of opening a position; the only disadvantage is that it is easily detected by the main funds, but for the amount of 6.7 million, plus the factors of brokerage stocks, it does not matter much if it is detected.
At one o'clock, Gu Junhao, who had just woken up from his nap, was still a little out of sorts. At this time, Xu Jianqing's voice came to his ears.
"Hey, what happened? The three major indices plunged together!"
After hearing this, Gu Junhao immediately became energetic and walked quickly to the front of the work station.
"Haha, I actually dived." Gu Junhao was not surprised but overjoyed by the diving.
The market situation in the morning made people sleepy. Unexpectedly, as soon as the market opened in the afternoon, the three major indexes all plunged. However, it is also reasonable. In a high level, the market will fall for a long time, but I did not expect it to be like this when the market opened in the afternoon.