Chapter 322: Be a Companion
For the gold market, Liu Mingguang is now less and less confident, after all, Liu Mingguang has failed many times today, if there is another mistake now, then these tens of thousands of dollars may all be wasted.
Moreover, looking at the gold market now, it is indeed not very dripping, and just after closing the doji, there have been several consecutive falling black candles, which seems to be the main force has put all the chips out at a high level.
If this main force comes out of the blue, then the rest of the market can be imagined, and there is no force that can support it at all.
And once the downward trend is formed, then not to mention the rebound, it is difficult to keep the original position, and it is very likely to fall directly below the stop loss point set by Liu Mingguang.
Now Liu Mingguang is looking at the latest market of gold, and he is worried about whether the index point just set can hold up, if not, the position of this stop loss is indeed a bit big.
After all, he entered the market after the gold rebounded more than 30 US dollars, if it fell down, it would be equivalent to a loss of such a large amount, even if the account was not liquidated, but once it was stopped out, it would also lose a lot.
Liu Mingguang's only hope now is to hope that Lin Yong can give him a positive answer, after all, in a market like this, Liu Mingguang's own level, he really can't see what to do, and he really can't see whether gold can continue to rebound.
For what Lin Yong just said, the general direction of gold will continue to rise, but Liu Mingguang now feels that it is difficult to bear the hurdle in front of him, and how can he manage the trend behind.
If the pullback of gold is too large now, then he will even be swept away by the last bit of position, and no matter how much it rises in the future, it has nothing to do with him.
Looking at Liu Mingguang's anxious face, Lin Yong smiled a little helplessly and said: "Hehe, my special 100 million funds are still full here, I don't know what you're worried about, didn't you set a stop loss just now at the price of my cost price, if my 100 million capital position is not moved, you just look at it, if you want to make money in the financial market, you have to be a little patient, otherwise you just placed an order and you are worried, so what money do you make?"
Seeing that Liu Mingguang was worried about this and that, Lin Yong really felt a little ridiculous.
Liu Mingguang is not only not good at technical level, but also very unstable mentality, which is no wonder he has not made any achievements in the sales department for so many years.
It's a pity to think about the people who support his fund, they haven't achieved positive growth for so many years, but they have lost management fees, and it is even worse to sell funds and stocks, which is a stable loss of money!
"Mr. Lin is right, even Mr. Lin's 100 million funds are in the warehouse, and now there is not even a little position at all, which shows that Mr. Lin is still optimistic about the future market of gold, and when to buy and when to sell, I believe that Mr. Lin must have a plan in his heart!"
"That's right, Liu Mingguang, you TMD is learning from Mr. Lin, now your stop-loss point and Mr. Lin's cost price of entering the warehouse is at a price, you can completely see how Mr. Lin operates, just follow his operation, if he doesn't sell, you don't care so much, at least don't sweep your losses, then you can keep the position and wait to make money!"
"Yes, although now I see that gold has begun to have a more obvious pullback, but now it seems that Mr. Lin's confidence in the continuation of the gold rebound market is still very strong, should we find an opportunity to wait for him to follow a long order when the callback is in place?"
"I'll go, you tmd looking for death, I didn't see the strong rebound just now, it has rebounded directly for more than 30 US dollars, and now the pullback has fallen a little too fiercely, I don't know if it will really reverse, who knows where it will fall when the time comes, how can we compare with Mr. Lin, even Mr. Lin has entered the market when the gold has not been pulled up, and we are now higher than Mr. Lin's cost no matter which position we take, so there is no need to take this risk again!"
After educating Liu Mingguang, some people seemed to see an opportunity to enter the market from the trend of gold.
After all, a doji that gold has just closed has ended this wave of rally.
But Lin Yong said that the trend behind gold is still an upward trend, so the current pullback is equivalent to a good opportunity to enter the market again.
If gold can continue to rebound in the later period, then buying the dip now is of course the best strategy, even if it is good, it is much lower than the cost of Liu Mingguang's entry.
If you have money and don't make money, if you have a good buying opportunity, who doesn't want to operate it well.
Hearing someone say that they want to buy after the gold pullback, Liu Mingguang suddenly came to the spirit, which shows that there are still people who are optimistic about the future of gold.
Liu Mingguang said with some excitement: "Yes, although there is a short-term pullback in gold, but Mr. Lin said that gold will continue to rise later, and now when gold is in a pullback, it is your best opportunity to buy, otherwise when the European market opens, I am afraid you will not have the opportunity to buy such a low-priced chip!"
Liu Mingguang was excitedly encouraging other traders to buy gold on dips at this time.
After all, for Liu Mingguang, except for Lin Yong's long orders, the other traders have just taken profits, and now he is the only one holding the long orders of gold.
Now encouraging other traders to buy gold is also equivalent to being a companion for themselves, and the more people hold more orders of gold, the more down-to-earth Liu Mingguang's heart will be.
At that time, even if it is a loss, then at least there is a psychological comfort, after all, other people are also losing money, and they will not be so desperate when they think about it.
After Liu Mingguang finished speaking, everyone seemed to be hesitating, and no one really placed an order directly because of his words.
Seeing this, Liu Mingguang was a little disappointed, so he said to Lin Yong: "Mr. Lin, do you think it is possible to make a profit by buying dips in the process of gold pullback? I think since we are optimistic about the future of gold, then when gold is in the callback, isn't it the best opportunity to enter the market?"
Liu Mingguang said this deliberately, Lin Yong had already said that the gold market will continue to rise, and now there is a pullback in gold, of course, it is possible to buy a part of the position gold on dips, and in the long run, it will only let the trend of gold return to the right track again, which is of course profitable.
Therefore, Liu Mingguang feels that it is definitely impossible for Lin Yong to deny his statement, after all, gold is in the upward trend, and it is bought at the time of the pullback, which is a normal operation.