Chapter 11 [I will take you until the school season starts in September]
Fang Hong seemed to be speaking to Cao Chenghui, but also seemed to be talking to himself.
No matter what, Cao Chenghui saw that the boss had started to sell, so he sold all of them without hesitation.
During the minute when the board was closed, the stock traded a total of 4.57 million yuan.
Immediately afterwards, Fang Hong entered a new transaction code 000546. The stock was called Guanghua Holdings, and it would be renamed Jinyuan Stocks after many years.
While placing the order, Fang Hong himself said by the way: "Place a declaration at the price of 6.15 yuan."
Hearing what the boss said, Cao Chenghui immediately declared this price.
The orders of the two were not completed as quickly as before. Instead, they waited for about a minute to complete the entire transaction, and a total of 189,000 yuan was sold in this minute, which was basically the orders of the two of them.
The big A in 2008, the liquidity of such small tickets during the big bear market was like this. Sometimes the main funds did not move, but when retail investors traded in it, they might not be able to trade 10,000 yuan in a minute.
The total trading volume of the entire market in one day was tens of billions, and then it shrank to more than 30 billion, and the liquidity was almost exhausted.
The bargaining chips of the two have successfully changed hands, and Fang Hong's securities account bought and sold 15,000 shares.
At around 2 o'clock in the afternoon, Guanghua Holdings hit the daily limit. Although it could not be sealed near the daily limit price for a long time, it was successfully sealed at around 14 o'clock in the late trading.
After the market closed, Fang Hong's account position data today:
[Target held: Guanghua Holdings (000546)]
【Number of shares held: 15000 shares】
[Average transaction price: 6.15 yuan]
[Current market price: 6.52 yuan]
[Market value of positions: 97800 yuan]
[Profit and loss of the day: +13866 yuan (+16.58%)]
[Floating profit and loss: +5550 yuan (+6.01%)]
[Total assets: 97489.18 yuan]
[Cumulative income: +42.00%]
With Cao Chenghui providing 60,000 yuan of funds, it is equivalent to saying that Fang Hong's securities account is leveraged by about 3.5 times, and after the funds come up, the speed of making money has also soared several times.
Today's profit exceeded 10,000 in one day.
According to the current minimum average wage standard, today's profit per day has exceeded the income level of a worker for a year.
This is the charm of the capital market. Knowing the risks of the stock market, there are still thousands of people rushing forward, crazy about it, and sinking into it. Other than that it's impossible to really come out.
...
In the next five transactions, Fang Hong made a super high profit of 16% on the day's daily floating profit through ultra-short days, changing a target every day to fast in and fast out, and all of them were full positions.
In just five trading days, Fang Hong's funds more than doubled, and the account assets exceeded the 200,000 yuan mark.
Similarly, Cao Chenghui, who copied homework with him, also reached the 200,000 yuan mark.
Cao Chenghui felt too dreamy these days, earning more than ten points every day, something that he dared not even dream about, but now it is real.
Watching the account income curve go all the way to the north, it was the first time for him to feel so clearly that the freedom of wealth is in front of him, and it is not an unattainable dream.
Working part-time for ten years is still working, and living in the palace once a stud, this is Cao Chenghui's biggest feeling at present.
...
Tuesday, August 5th.
This morning, Fang Hong came to the Internet cafe again, and Cao Chenghui also came early.
While downloading and installing the market software, Fang Hong suddenly said, "I will transfer the 60,000 yuan I borrowed from you to you today."
After the fund base exceeds 100,000 yuan, it will be rolled down through the compound interest effect later, and the funds will be made very quickly.
The fall semester of Xincheng University starts on September 4th. Counting the time from today, there are about 23 trading days left. It is not a problem to achieve more than one or two million yuan before the start of the semester.
After liquidating the 330,000 debts owed, it is not a problem to still have more than one million in hand.
"Brother, don't call me anymore. It's too troublesome. I think it's too troublesome." Cao Chenghui refused without hesitation on the spot: "Besides, you have earned a hundred thousand just by following my brother these few days. Not to mention thank you for taking me to repay you in the past few days. This is disrespect for your stock trading skills. With your short-term profitability, brother, if you charge people, even 600,000 yuan is not enough to see, 60,000 yuan counts. What, in a word, there is no need to be so troublesome, and there is no other meaning."
Just kidding, if the 60,000 yuan is recovered, this boss is obviously a noble person in his life. If he can't even see this clearly, then Cao Chenghui's life in his thirties is like a dog.
Hearing this, Fang Hong is not a hypocritical person, and at the same time he is not in ink, and said directly: "Okay, then I will take you until the start of the school season in September."
Cao Chenghui was overjoyed immediately. This is the exact time point given by the boss. Although the time is only a month away, at least it is certain. Don't worry about whether the boss will suddenly disappear tomorrow.
Certainty is what matters.
Another one, friendship with the boss is the intangible wealth.
At this time, the market software was installed, Fang Hong logged into the securities account and at the same time spoke in a volume that only the two of them could hear: "But next, you have to strictly follow my instructions. The total amount of funds is 450,000 to 60,000, which is enough to cause considerable fluctuations in the stock prices of some small-cap stocks, especially when the amount of funds reaches 7 figures, it is considered the main force."
It is now 2008, and the GEM has not yet been listed on the GEM, and it will take two years for the GEM to have a big A.
At present, the total daily trading volume of A shares hardly exceeds 100 billion. Most of the time, it is around 30 to 40 billion, and when it is better, it is 70 to 80 billion. It is completely incomparable with the super market in 2015, let alone Compared with the market twenty or thirty years later.
It is no exaggeration to say that with the current market liquidity, a few hundred thousand yuan can be thrown into a deep hole for some small tickets, making retail investors think that it is the main large order of funds.
"Don't worry brother, no problem!" Cao Chenghui nodded his head and assured, and added: "By the way, my capital is not that much, and now it is only about 120,000 yuan. The main reason is that I am afraid that my wife will find out. I secretly saved it back again, haha."
As he spoke, Cao Chenghui smiled a little embarrassedly.
Hearing this, Fang Hong smiled and said: "Family is the most important thing, there is nothing wrong with it. With 120,000 yuan for a month's profit, it is not a big problem to buy a three-bedroom house in the new urban area."
Xincheng is a top-ranked well-known metropolis in the country. The housing price in the local urban area is between 15,000 and 17,000 per square meter. Naturally, this housing price cannot be compared with ten years later, but the current salary level is still very exaggerated. .
Cao Chenghui's blood boiled with enthusiasm when he said this. If other people said that, they would definitely think that they were out of their minds. The profit made in a month with a capital of 120,000 can build a house in the new urban area. It is required to make a profit of 800,000 to 900,000 within one month.
But the person who said this was Fang Hong, and now Cao Chenghui had no doubts.
...
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