Chapter 55: The Greed of Human Nature

Fang Renzheng sold all the Qiong Minyuan shares in his hand, and cashed out 460,000 yuan at a price close to 20. There are 80,000 yuan in it from the bank, and his current net worth is 380,000 yuan.

Although it is a lot worse than a millionaire, such a sum of money is definitely one of the richest in the countryside.

Thinking that he was reborn and came back, it was only a few months to earn such a huge amount of money, which is really in response to such a sentence, you can't make money, you can't make money.

Neither of them can earn 10,000 yuan a year, but he has no effort to earn 30 years of income from his parents.

Fang Renzheng's heart was full of joy, no wonder this bull market will make people crazy, the effect of making money is too stimulating to human nature, and it is not easy to pan for gold in the stock market without doing anything. Why do those capital predators cut the leeks of retail investors over and over again, is it not because this way of making money makes them want to stop, and retail investors always forget to remember, and they are harvested over and over again, which is also the greed of human nature, resulting in retail investors unable to stop and escape from the hole of the stock market.

Retail investors who can make a little money in the stock market must be the kind of retail investors who are not so greedy, if they are greedy, even if they make more money, they will not only spit out all the money they have earned, but also lose all their capital.

Qiao Mingwen sold half of the stocks, and he also made a lot of money, and his face was also red, after the sale, the other party said benevolently: "Xiaofang, I see that it will rise next week, but if you sell it, you will sell it, and you can't be too greedy." ”

Hearing this, Fang Renzheng couldn't help laughing, saying that he was not greedy, but he still didn't want to sell it all.

Friday's stock market ended in a boom, and no one expected that next week would usher in a black Monday, and those who just entered the market on Friday were the unluckiest people, and before they could make money, they fell into the abyss.

On the morning of 16 December 1996, the People's Daily published an article by a special commentator entitled "A Correct Understanding of the Current Stock Market," and at the same time, the Shanghai and Shenzhen stock markets simultaneously issued a circular stating that from 16 December, a 10 percent limit on the price increase or decrease of stocks and fund securities will be imposed.

Fang Renzheng bought a radio and pinned it to him, and when he heard the news, he didn't go to the securities business hall again, he stayed with Zhou Wanqing, and he was in the clothing business.

The clothing wholesale business is on the right track, and Zhou Wanqing is getting busier and busier now, and after she was busy for a while, she thought about stopping the CD store and concentrating on the clothing business.

When Fang Renzheng heard this, he didn't agree, the business of the disc store was about to enter an outbreak time, and it was a pity to quit at this time, let Wang Chen help take care of it, there was no need to stop.

Just as he was busy with Zhou Wanqing, his BB machine rang, and it was Qiao Mingwen calling. I didn't know what was wrong with him, so I hurried downstairs to the public phone booth and called him.

As soon as he got on the phone, Qiao Mingwen said loudly to him: "Xiaofang, you are really amazing, the stock market has plummeted, and my stock has dived and fallen by more than two yuan!"

Hearing his words, Fang Renzheng smiled slightly, and then said calmly: "Qiao Bo, you sell the stock now, it has fallen by more than two yuan, you still make money, and when the situation is better, you will enter again." ”

Qiao Mingwen said: "It's fallen by more than two yuan, and if it rises again tomorrow, I can't sell it." ”

Fang Renzheng couldn't help but laugh, the psychology of the quilt is like this, after falling, he is reluctant to cut the meat, looking forward to rising tomorrow, but the more he waits, the worse the situation becomes, and in the end there is only the quilt.

Qiao Mingwen himself knows that he can't be too greedy, but when faced with this situation, he is still reluctant to sell, although he is already making money, but he still wants to earn more, at least not less than what he earned yesterday.

"Uncle Qiao, what if it falls again tomorrow?" Fang Renzheng asked.

"Can it go down tomorrow? If it falls today, it may rise tomorrow. Qiao Mingwen said.

"Uncle Joe, the stock market will not be good this week, you sell it first, and then enter it next week. Fang Renzheng knew that this plunge did not last long, as long as he avoided this plunge, he could go further in the next step.

Qiao Mingwen was reluctant to sell in his heart, so after thinking about it, he said: "I see that the stock will not fall if it falls by more than two yuan, and it will definitely rise tomorrow." ”

When Fang Renzheng heard this, he smiled and said: "Uncle Qiao, haven't you watched the news, you have set a limit on the rise and fall, you can only fall so much in a day, if you let the stock fall, it will not only fall by two yuan." ”

"What is a price limit?" Qiao Mingwen asked puzzled.

Fang Renzheng listened, so he had to tell him about it, and after understanding it, he still didn't believe that it would continue to fall tomorrow. Fang Renzheng saw that there was no way, since he didn't listen to his own words, he had to let the market urge him to listen.

The next day, Fang Renzheng decided to take a look at the stock market. After arriving, Qiao Mingwen came early. At this time, the business hall can be said to be overcrowded.

Yesterday's plunge frightened the stock speculators, and some people ran to the door of the business hall before dawn to wait. They are eagerly looking forward to today's market change and make up for yesterday's losses.

Especially the retail investors who just entered the market last Friday, their hearts at this time are like being cut by a knife, and they have lost a penny without making a penny, which is really unreasonable.

Everyone's eyes are on the big screen, the stock market has not yet opened, but everyone is holding their breath to see if there will be a miracle on the big screen.

Many people are optimistic, believing that yesterday's plunge is just a small probability event, and that Hong Kong will return to Hong Kong soon, how can the country let the stock market keep falling?

All of them have this mentality, and their eyes have become red. When Fang Renzheng arrived, Qiao Mingwen was staring intently at the big screen, he walked over gently and said hello to Qiao Mingwen.

As soon as he saw him coming, Qiao Mingwen hurriedly pulled him aside and said: "Xiaofang, you are here, you see so many people today, just waiting for the stock market to open and rise sharply, I think the probability of a big rise today is very high." ”

Fang Renzheng smiled and said: "Uncle Qiao, the price rose too much in the early stage, and it should go down, it will definitely fall today, you take advantage of the fact that the market is not open, first put up a price and sell it." ”

"I can't sell it, and now I have to sell it, and I'm even more at a loss. "Qiao Mingwen is reluctant to sell.

There is no way, I can only wait until the stock market opens, let Qiao Mingwen take a look, whether it will rise in the end, if you don't see the Yellow River, you won't die, you won't cry if you don't see the coffin, it's a common disease in the world.

Just as he was talking to Qiao Mingwen, someone suddenly exclaimed, "The market is open." ”