The investment era of rebirth
Chapter 21 Long Stampede
At 9:30, trading in the two cities officially started.
The Internet speed technology that Su Yu was watching climbed slightly upward by 0.3 points, and then fell without resistance along with the adjustment of the GEM index.
For ten whole minutes, Su Yu didn't see any big buyers or sellers.
"It seems that following the concept of 'mobile games' and the hot money one-day tour, the big money in the market has basically gone away." Su Yu looked at the changes in the board of Internet Speed Technology, smiled, and thought to himself, "
Since there is no big money dominating the market and hiding it, you can open positions as you like."
In the current market, the trend of the GEM is much stronger than that of the main board.
However, at the end of this bear market, the main long-term funds that are still active in the market still focus on large blue chips and many white horse stocks.
The so-called regular army of public offerings, everyone’s understanding of the GEM market...
I still feel that this is dominated by hot money, random speculation due to irrational market conditions, and a castle in the air that is unsustainable and has no performance support.
Very few public fund managers can do this at this time.
Realize that the valuation method of the market is quietly changing; realize that in the context of 'mobile Internet' and '4G', numerous concept stocks on the GEM also have the potential to transform concepts into substantial performance and grow into a new generation'
Tech White Horse's huge opportunity.
Market bias, and the lessons of past history.
As a result, the main fund institutions completely failed in the first stage of the GEM market.
It also led to the situation that in the early stages of the GEM core stocks such as Wangsu Technology, which relied on the explosion of "mobile Internet" and saw changes in fundamentals and performance, there was no large-scale position held by any major fund institution.
Two accounts with a total of 2.069 million funds.
Su Yu divided the buy orders into orders of less than 50 lots. Under the adjustment situation of the two cities today, he gradually cleared the sell orders of Wangsu Technology.
There is neither a pallet nor a pursuit of gains.
In the end, it took almost 20 minutes to buy all the funds of more than 2 million yuan. The average cost of holding the position was 24.80 yuan. The accounts of Liu Tianshui and Mr. Wang each held 400 lots.
After the position is completed...
Internet speed technology continues to follow the market fluctuations.
By the time the market closed at 3 o'clock in the afternoon, Hua Qingbao fluctuated violently, falling 5 points, and the enthusiasm for the entire "mobile game" concept had dropped across the board.
In the end, Wangsu Technology fell 1.52%, and its stock price closed at 24.49.
During the whole day's trading, in the transaction records of Wangsu Technology, large orders of more than 1,000 lots appeared only three times, and ultra-large orders of more than 3,000 lots did not appear once.
This proves that this stock has withdrawn from hot money speculation.
There is an extreme lack of attention from major funds.
Su Yu's stock market trading record today ended with a loss of more than 2 points, and the client's financial management account also experienced a retracement for the first time.
But when he looked at Internet Speed Technology, which basically had no financial attention, and the rebound of the market, which was obviously declining, he didn't have any worries in his heart.
Gold will always shine.
When the performance report of Wangsu Technology came out, the future expectations and fundamentals of this stock completely reversed under the performance of the performance report.
Funds for market speculation will definitely flock in.
For a stock like this that is purely driven by performance and fundamentals and does not have many good stories to tell, it is a good thing that there are no main funds lurking before the wind blows.
This shows that after the performance is implemented...
Driven by the rapid establishment of a large amount of funds, its stock price has more explosive potential and sustainability.
Therefore, Su Yu would not care too much about the trend before the announcement of the performance report, whether it was up or down. At this time, after having figured out the on-site chip organization of the check, he only needed to wait patiently.
Just verify your investment logic and wait for funds from all sources to come to support you.
in a sense……
He can be regarded as the main force hidden in this stock, but his trading capital is only the size of a market owner, so he cannot have a huge impact on its stock price.
After briefly reviewing the stock market trading conditions, Su Yu quickly turned his attention to the gold trading market.
After the turmoil in the Asian market, gold prices have returned to a downward trend, and even a weak oversold rebound failed to last long.
Entering the European trading session, the price of gold fell into a rapid downward trend at the beginning of the session.
It broke through the support position of $1,475 in one fell swoop.
Su Yu looked at the almost unilateral plummeting trend of gold, and then looked at the total funds in the account that had expanded to more than 30,200 US dollars, and the available margin of more than 24,000 US dollars.
Directly near US$1,474, another short selling order was placed for 6 lots of gold, with the stop loss set at US$1,481.
After increasing his position again, the available margin in his account reached more than 19,000 US dollars, and the overall position level was still in the low-risk zone.
It was around 5 p.m., after European trading began to enter its peak period.
Gold's decline began to expand further.
The entire market, all the bulls, saw the price of gold deviating further and further away from the bull-bear line of $1,500. Seeing that most investment banking institutions around the world began to bet on the market, they began to stop losses and liquidate their positions.
At this point...the terrifying multi-kill situation is coming.
At 6:20 p.m., the price of gold quickly broke through $1,450, plummeting again by more than 300 points compared with Friday's closing price.
The bulls were desperate, and the entire gold trading market turned bearish.
After gold effectively broke through 1,450 US dollars, Su Yu continued to add 10 gold short positions near 1,449.3 US dollars. With the available margin in his account having expanded to more than 51,600 US dollars, he maximized his position within the low-risk position range.
Increase account profits.
Gold trading market, all technical indicators, fundamentals, market sentiment, and long and short market patterns.
All have shown a unilateral short position.
Under this situation, Su Yu knew that the plummeting trend of gold would not stop unless all the bulls accumulated above $1,500 were forced out of the market.
so……
Although he continued to increase his positions with the help of ever-expanding profits amid the collapse of gold, in fact, the risk was not great at a position level of less than 30% of the total capital.
In his prediction, gold needs to absorb the bullish power that has accumulated above $1,500 for two years.
Without pulling out a drop of more than 1,000 points, that is, a plummeting space of more than 100 US dollars, it is impossible to completely destroy the power and confidence of the bulls in the market.
and……
At this stage, the bull's prisoner's dilemma has arisen.
No matter how determined the long position holders are, facing a complete collapse of market confidence and extreme losses in their accounts, they will passively join the group of traders who cut their positions and stop their losses.
This will step by step deepen the stampede behavior of the market and increase the magnitude of gold's plunge.
Only when the bullish stop-loss forces that trample on each other in the market are completely consumed by the market during gold's plunge will gold's plummeting trend slowly stop.
At 6:40, the price of gold broke through the price of $1,440 and continued to expand its decline.
Su Yu looked at the comment sections of relevant domestic gold trading forums and financial websites at this time, and saw that there were many bullish investors and bargain-hunting investors everywhere.
"It's not even the U.S. trading session yet, and the trend of gold is really scary."
"It plummeted by more than 400 points, and my account has been liquidated. Hey... I thought I could survive Friday and use the oversold rebound today to reduce some losses, but I didn't expect..."
"Hey, it's the same thing. I also replenished the margin, but my position was also liquidated."
"If I had known earlier, I should have stopped the loss decisively and should not have taken the order."
"Who would have thought that the price of gold could drop like this? For two consecutive trading days, this drop... has almost caught up with the drop in A-share stocks. It is simply unbelievable!"
"The financial crisis in 2008 has never been so bad. I just can't understand it."
"Yes, there is no particularly major negative in the market. Gold suddenly collapsed. It's hard to understand the logic behind it!"
"Depending on the situation, today's gold price decline will not be smaller than Friday's."
"Hey, this continuous plunge proves that gold has really entered a bear market. Everyone...all your long orders should stop your losses quickly. The bear market in gold prices has begun, and there is no bottom."
"Is this a market stampede?"
"This unilateral plummeting trend is obviously a stampede. Alas...In the early days, all institutions, media, and major Vs all sang long gold, causing long gold investors to pile up in large numbers above US$1,500. Now...the price of gold
It has completely fallen below $1,500, can you not step on it?”
"If the bulls don't die, the decline will continue."
"The current gold trend really fully explains this sentence."
"Go short, go short on the backhand, go with the trend, maybe you can recover some losses."
"The short-term gold price has plummeted too much. Enter short selling at this time...I am afraid that if it rebounds quickly, the stop loss will be knocked off again!"
In countless discussions, market sentiment has increasingly shifted towards the short side.
The situation of multiple kills and multiple tramples in the market has become more and more serious, causing the decline of gold to continue to expand.
At 8:36 p.m., the price of gold hit $1,430, plummeting more than 530 points, surpassing gold's full-day decline on Friday and continuing to set the "worst decline in four years."
Then enter the US market...
Amid the global market turmoil, American gold bull institutions and bull investors continued to cut their positions and stop losses.
The price trend of gold has plummeted further due to the desperate mood of global gold bull investors, setting a new historical record of "the worst decline in four years".
Su Yu stopped adding positions after the gold price fell below 1,430 US dollars.
Instead, they waited silently for the violent storm of bulls in the market to trample each other to pass, and then after the gold decline slowed down, they concentrated on closing their positions and exiting the market at a profit.
In his attention...
At 1:52 a.m., gold fell below $1,415.
At 2:32 a.m., gold fell below the integer mark of $1,400, continuing to further expand market panic.
After gold effectively fell below 1,400 US dollars, that is, in the second half of the US trading time, Su Yu thought that the stampede sentiment of the market bulls should have been released.
The trend of gold has not only failed to slow down, but has completely spiraled out of control.
You'll Also Like
-
Naruto: Uchiha is not the Raikage!
Chapter 139 13 hours ago -
Mount and Blade System: Start from Pioneer Lords
Chapter 319 13 hours ago -
Online Game: I Am The God Of Wealth, What's Wrong With My Pet Having Hundreds Of Millions Of Po
Chapter 513 13 hours ago -
The Goddess Brings The Baby To The House, Awakening The Daddy System!
Chapter 368 13 hours ago -
Douluo: Haotian myth
Chapter 607 13 hours ago -
Douluo's Valkyrie Zhongli
Chapter 312 13 hours ago -
Pirates Manipulate the World
Chapter 110 13 hours ago -
Dragon of Douluo
Chapter 50 13 hours ago -
dog in ninja world
Chapter 417 13 hours ago -
I became the head of the Uchiha clan
Chapter 802 13 hours ago