splendid star

Chapter 11 Yu Yang Opens an Account for Stock Trading

Chapter 11 Yu Yang Opens an Account for Stock Trading
"How much did your stock go up today?" colleague Xiao Zhang asked Xiao Guo.
"It's only [-]%. It will drop a little bit again." Xiao Guo was a little unhappy.
"Mine is all on the daily limit!" Xiao Zhang showed off happily.
Yu Yang often heard his colleagues talking about stocks at work recently, which made him feel itchy, but he didn't understand stocks, so he asked: "What does closing the daily limit mean?"
"Sealing the daily limit means a [-]% increase." Xiao Zhang said.
"Will prices continue to rise today?" Yu Yang continued to ask.
"Will the price increase even after the market is closed? You don't even understand this." Xiao Zhang said with a look of disgust.
"Then how much money did you make?" Yu Yang continued to ask.
"How can you directly ask someone how much money they make? This is privacy, do you understand?" After Xiao Zhang finished speaking, he ignored Yu Yang.
"How much money you make depends on the price at which you bought the stock, and how much principal you invested when you first entered the market. I can't explain it in a sentence or two. There is a lot of knowledge involved." Seeing that Xiao Zhang ignored Yu Yang, Xiao Guo continued. Explained later.
Because Yu Yang didn't understand stocks, he felt a little isolated in the company.Are stocks really so profitable?Yu Yang was very curious and planned to open a securities account to try.
After hearing what Guan Lu said about Wang Yuqing's role as a manager in a securities company, Yu Yang thought about finding a time in the near future to open a stock account with her and ask her for advice.
That morning, Yu Yang, who rarely asked for leave after coming to Beijing, took an excuse and went to the securities business department where Wang Yuqing worked based on the address he had written down. Looking at the long queue, these people should be opening accounts just like him. of people, right?Yu Yang secretly rejoiced: Fortunately, he had said hello to Yuqing in advance, otherwise his leave today would have been in vain.
It’s good to have acquaintances!Yuqing prepared the contract for Yu Yang in advance, and Yu Yang took him directly to open an account as soon as he arrived.After opening the account, Yuqing told Yu Yang how to download the software on the computer, how to transfer funds after binding the bank card, how to buy stocks, how to check the profit and loss situation, and how to transfer the money back to the bank card after selling the stocks.
Yu Yang looked at Wang Yuqing with admiration and said sincerely: "I don't know anything about stocks. I have to ask you to help me give advice in the future. If you have any good stocks, remember to recommend them to me!"
Yuqing is a newbie and is not afraid of tigers. She has just graduated from college and is still half-experienced in this complex and ever-changing stock market. However, she cannot resist the trust and admiration of her old classmates, so she confidently assures her that it is okay, no problem.
"I want to buy a fund. Do you have any good fund recommendations? The ones that rise quickly." A customer who opened a new account a few days ago was afraid of missing out on the opportunity to make money, and wanted Yuqing to help him pick a few funds.
"What do you want to buy? Old funds or new funds? New funds have a closing period..."
After helping Yu Yang open an account and exchanging simple greetings, Yu Qing was called to receive other customers again.
Looking at the bustling crowd in the trading hall of the sales department, Yu Yang thought to himself: Anyway, I have taken leave today, and I have plenty of time. Why don't I stay here and take a look, or learn from other veteran investors.
In front of the computers in the retail investor lobby of the sales department, everyone is queuing up to buy the stocks they are optimistic about. Some of them are unable to get in line and are making phone orders.
Since the last misjudgment, the stock market started to rise again within a few days of falling. Uncle Wang has been keeping a low profile recently, and he knows that this time it is a solid loss.
Not only has Mrs. Liu’s pension not been lost, but she has also earned 30.00% back so far, which is really a blessing.She has been sarcastic about Uncle Wang recently, and this time she started again: "Old Wang, what did I say? I knew you would miss the mark this time, so hurry up and chase after him. Your valuation theory doesn't work. Well, who has a grudge against money?"
Uncle Wang looked sideways at Old Mrs. Liu, but still insisted on his value investment philosophy: "From the perspective of the price-earnings ratio, the current level is already very high, so it's better to take it easy." Uncle Wang has always been cautious, and he has a premonition that the risks are getting higher and higher now. It's getting bigger and bigger. Based on this low point, the stock index has theoretically risen by [-] to [-]% at its highest.
Uncle Wang really plans to wash his hands and bid farewell to the stock market for a while, but he can't help but want to come to the sales department every day, looking at the red screen every day, looking at the long queue of people waiting to open an account, and listening to Mr. Liu. Tai Or's elated achievements, or the ridicule of which pot he didn't pick up, made him a little bit uncontrollable.
A few days ago, he had secretly copied a list of stocks to focus on, but when he hesitated, he realized that the stocks he was optimistic about had already missed two daily limits, which made him very regretful.After reminding Mrs. Liu, he secretly filled the warehouse on a computer in the back under the cover of the crowd.
The conversation between Uncle Wang and Mrs. Liu happened to be overheard by Yu Yang who was wandering around. It seemed to be clear at a glance who the stock trading expert he was looking for was.When he saw Uncle Wang leaving, Yu Yang stepped forward and asked Mrs. Liu for advice: "Grandma, I just opened a stock account and I still don't understand it. Do you think the stock market can still rise?"
Mrs. Liu was staring at the screen leisurely and contentedly. When she saw a strange young man coming up to ask for advice, she also started chatting. "Young man, it's a good time for you. Look, how much the stock market has risen! Grandma can't say how much it can rise, but I heard experts say that I want to climb Mount Everest!" Mrs. Liu said in an old-fashioned way. The attitude of stock investors imparts experience.
"Climbing Mount Everest?" Yu Yang didn't understand.
"Some people say it can reach [-] points, and some say it can reach [-] points! Look, it's not even [-] points yet." At this point, Mrs. Liu's eyes were shining, as if there were golden ingots crackling in front of her eyes. Falling down.
When Yu Yang heard this, he was overjoyed and quickly continued to ask: "Grandma, do you have any good stocks that you can recommend? I'll buy some too."
Mrs. Liu generously recommended a stock she was optimistic about to Yu Yang.
This scene was seen by Uncle Wang, who had just returned from secretly placing an order.He quickly interjected: "What's the price-to-earnings ratio of your stock? Don't hurt this kid."
"It's a price-to-earnings ratio again. Just put away your theory of value investment. This stock has an Olympic concept. It has only risen as high as it has. There will still be a lot of room in the future." Mrs. Liu criticized Uncle Wang.
"Look at the five-day moving averages, they have all crossed, and there is a downward U-turn trend." Uncle Wang continued to insist on his point of view.
"Look at the weekly and monthly lines, are they arc bottoms?" Mrs. Liu saw Uncle Wang using technical analysis to attack her, but she showed no weakness and retaliated with teeth.
"Young man, let me tell you, according to technical analysis, this stock has an arc bottom, and there is a lot of room for growth in the future. It has an Olympic theme in concept, so feel free to buy it." Mrs. Liu analyzed it for Yu Yang.
Hearing the conversation between Uncle Wang and Mrs. Liu, Yu Yang felt as if Monk Zhang Er was confused. He couldn't understand what they were talking about at all, but they seemed to be very powerful.It seems that both of them are masters of stock trading. Hey, you have found the right person.
"Okay! I listened to grandma and bought some to try first." Yu Yang looked at Old Mrs. Liu's clear analysis and unforgiving look, and decided to try his luck.
"Grandma, what's your phone number? I'll leave you a number. I'll have to ask you for help later if I don't understand something!"
Mrs. Liu happily gave her number to Yu Yang. She felt that she had another fan!
At this time, Uncle Wang, who was left alone next to him, felt increasingly lonely.It was originally evenly matched and each had its supporters, but since this round of "V"-shaped reversal, there are fewer and fewer value investors standing on their side. Today, even I have surrendered.Mrs. Liu is right, who has a grudge against money?You, Lao Wang, are scared, but others are vying to get on the bus!
Yu Yang left the sales department and happily dreamed of his dream of getting rich.He felt that with the double insurance of Wang Yuqing and Grandma Liu, he would be able to make a fortune in the stock market soon.
Since Yu Yang had a securities account, he listened to Mrs. Liu's recommendation and bought a few stocks, quickly making a little money.He felt that it was not enough, so he boldly bought dozens more lots. He watched the profits in his account quickly turn red, and the numbers kept increasing. This was all real money!He couldn't contain his excitement and got rich!Is stock trading so easy?A novice like me who knows nothing can make money!No wonder everyone is trading stocks. He regretted why he didn't open an account with Wang Yuqing earlier to trade stocks, as if he had missed out on winning a big prize.
 In those days, there were no smartphones, so only computer commissions and telephone commissions could be made.
 
(End of this chapter)

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