Chapter 40 The First Pot of Gold

When Zuo Qiucai returned to school, it was already dusk. It was already early winter, and it was getting late, so Zuo Qiucai and his friends also opened the stalls early, and of course, they also closed the stalls early. Now all the things on the stalls have been handed over to Zhao Yunsheng and Cao Yinghao, and the others have their own things to do. In comparison, Zuo Qiucai has the lightest burden on him, and just go to the News Bureau and the Business Administration for a few more trips.

The small pavilion on the east side of the school’s residential area has entered the final decoration stage. This matter is stared by Shao Ning and Zhang Bingjie, and Zuo Qiu doesn’t need to worry about it.

What Zuo Qiucai has to consider now is the money that is trapped in the stock market. For him, the Chinese stock market is divided into two schools, one is the information school and the other is the technical school. The information school specializes in collecting various information from listed companies to analyze the trend of stocks; the technical school analyzes the previous trends of stocks to infer the following trends. Zuo Qiucai's two schools do not belong to, and he now relies on his own intuition! It may be a bit funny to say this, but this is indeed a unique way. Moreover, in the past month, Zuo Qiucai's judgment has been proven to be correct by reality again and again! After two days of reflection, Zuo Qiucai still has no doubts about his judgment. He remembered an analysis article he had read before, which talked about the wave theory in the stock market technology school.

Wave theory is a price trend analysis tool invented by technical analyst Elliot. It is a set of rules obtained entirely by observation and can be used to analyze the trend of stock market indexes and prices. Elliot believes that whether it is stock or commodity price fluctuations, they are like the tides and waves of nature, one wave after another, repeating over and over again, with a considerable degree of regularity, showing the characteristics of cycle cycles, and any fluctuations are traced and cycled. Therefore, investors can predict the future price movement based on these regular fluctuations.

The trend is applicable to the trading strategy. There are four basic characteristics of the wave theory, which will not be explained one by one here. In short, the wave theory can be summarized in one sentence: that is, the "eight wave cycle"! These eight waves are composed of five rising waves and three falling waves. This theory is the analysis theory that Zuo Qiucai is most interested in. Although he cannot combine the trend of stocks that have been rising and falling with this theory beforehand, afterwards, he can find some theoretical basis for the stocks he bought and sold by himself through his intuition!

The "Huadeng Shares" he is optimistic about has reached the bottom of the second upward wave in the previous analysis, and now it seems that there is some error, but he firmly believes that the trend behind this stock will satisfy him. However, this time he did not dare to be careless and set a stop loss honestly. If things exceed his budget again, then he should cut his losses and leave the market quickly!

Zuo Qiucai also realized the importance of information in operating stocks at this time. After all, the Chinese stock market is still a policy-based stock market, which is greatly influenced by various information. In the past, the small-scale fights could be a little more casual, but now the funds in his hands are no longer considered as low as possible. If he can do whatever he wants, he will just give money to those big dealers. Zuo Qiucai entered the stock market not for them to give money, but also to seize food from them. Therefore, after hearing what Jia Boss Jia asked him to do, he asked Jia Boss Jia to allocate the "golden monkey" to himself. Now there is nothing else to do, so he is responsible for collecting relevant information about the stocks he is optimistic about.

The next day, Zuoqiu did not go to class on time for the first time, but sat in front of the computer in the dormitory, paying attention to the stock market throughout the process. Another stock under his name, the "Industrial and Commercial Bank of China", which has been rising rapidly recently, has now risen by 70 percentage points, and it still has strength; and "Huadeng Co., Ltd.", at the beginning of the new week's opening, continued the decline last week. Zuoqiu clenched his fists and his heart pounded. When the market was closed in the morning, "Huadeng Co., Ltd." fell by nearly one yuan, and was only 50 cents away from the stop loss position set by Zuoqiu.

At noon, Wang Zhaonan, who was quite familiar with the stock market, looked at the trend of the stock market in the morning and gave Zuo Qiu a sincere suggestion, asking him to clear the "Huadeng Shares" quickly, wait for an opportunity to fight again, and find a report for him. The report said that the current hot stock market, the stocks that really rose with the market, only account for 20% of all listed stocks, and the remaining 80% were still falling. This phenomenon has become the "28 phenomenon". Zuo Qiu just smiled slightly and didn't care. One of the most taboo points in stock trading is that he has no own opinion, and he can't stick to the market!

Wang Zhaonan has rich experience in stock trading, but after entering the stock market for so long, the books were still flat, without making or losing. Especially since this year, after the stock market showed signs of rejuvenation, his several moves failed, which made him disappointed with the Chinese stock market. It happened that he was busy with other things and gradually became cold to fight in the stock market. However, when he saw Zuo Qiu's stubborn attitude, he couldn't help but say: "San brother, we have industry now, so we don't have to take these odd thoughts in this way! Isn't it just a few thousand yuan to lose. According to the current profit rate of our company, you can earn this money back in less than half a year!"

Zuo Qiucai smiled and said, "I am not obsessed with this and cannot extricate myself. After these two days of thinking, I have already gained a new understanding of the stock market. Now it is not that I don't want to let go, but I can't let go! If you let go, I will not hang myself on this crooked tree. I set a stop loss and now I will wait for it to automatically close the position!"

Wang Zhaonan was still worried after all. When the market opened in the afternoon, he accompanied Zuo Qiucai and paid attention to the trend of "Huadeng Shares". What he did not expect was that after the market opened below, "Huadeng Shares" fell a little, and began to wander a little above the stop loss point set by Zuo Qiucai, torturing his heart and refused to give them a pleasure! Zuo Qiucai sold the "Industrial and Commercial Bank" to his surprise and invested the freed funds into "Huadeng Shares". It was incredible that after Zuo Qiucai made a desperate bet on "Huadeng Shares", "Huadeng Shares" seemed to be stimulated by Zuo Qiucai's inconspicuous more than 10,000 yuan, stopping the decline and rising, and the upward trend was so unsuspected. It took only half an hour to smooth out the decline in the morning, but also actually rose to a daily limit!

In the next few days, as soon as the market opened, "Huadeng Shares" hit the daily limit with a lightning speed. Five daily limits came in a crazy week. After two days of rest, it seemed as if it had been fully nourished, and three other daily limits came! The eight consecutive daily limits allowed Zuoqiu not only to recover the previous losses, but also to make a lot of money! On the ninth day, the rise of "Huadeng Shares" finally slowed down, and Zuoqiu decisively retreated at a high level at this time and did not continue to pursue.

After ten consecutive days of rising, "Huadeng Co., Ltd." finally reached its peak. The day after Zuoqiu retreated, it suddenly fell after a slight increase, giving investors who were enthusiastic about pursuing this stock a wake-up call, pouring a basin of cold water on their heads. And for the next period of time, it plummeted continuously and quickly smoothed out the previous rise.

Such a sudden change made Zuo Qiucai, who was mentally prepared, still frightened. Wang Zhaonan, Boss Jia, Qi Kai, the old man and others, who had been paying attention to Zuo Qiucai's movements, looked at Zuo Qiucai with admiration. Wang Zhaonan, who was closest to Zuo Qiucai, all had to bow to Zuo Qiucai under Zuo Qiucai's jeans and regarded him as the "stock god" of the first class of tourism management class!

Zuo Qiu has earned the first pot of gold in his life in this battle! The more than 10,000 yuan he had, the bubbles he had usually turned to more than 30,000 yuan. With the commission earned from Boss Jia's money, the funds in his stock account have already reached 40,000 yuan! With Boss Jia's part, the funds he had operated had reached 200,000 yuan!
Chapter completed!