Chapter 22: Transcendence
readx; Tang Xiao and Liu Yun discussed, after determining the strategy of fighting against Jin Mantian, he bought 1,000 shares of Agricultural Bank of China on September 2, at a price of 2.45. This is www.biquge.info his first shot, and he decided to win steadily and try it out.
The school started on September 3, this year, Tang Xiao has just reached the third year of high school, and the busiest and hardest year in the student stage. His luck is also good, after buying Agricultural Bank of China shares, the stock price closed three small yang lines for three consecutive days, the fourth day, that is, September 5, the day closed a high doji, the price repeatedly hit new highs, the volume gradually shrank, looking at the price rise is not perfect volume, the price rises and rises, on Friday, September 5, the choice of profit is safe, the closing price is 2.52, regardless of transaction costs, the net profit per share is 7 cents, less than 3% of the profit ratio. For a novice, the profitability in four trading days is close to the bank's one-year fixed deposit rate, which is not bad.
After closing the position, he decided to wait for the opportunity and enter the Agricultural Bank of China again.
made a profit of 3%, Tang Xiao didn't know what level he belonged to, so he sent a message to Tian Qian on QQ.
"Sister Qian, has school started?"
After a while, I received a reply from Tian Qian: "It's early, but there aren't many classes this semester." Tang Xiao, what have you been doing in the past two days, studying Texas poker? ”
"While researching Texas, trading stocks."
"Buy bank stocks? The recent performance has been pretty good, at least in line with the composite index. Tian Qian vaguely remembered that Tang Xiao once said that she was ready to hold bank stocks.
"Agricultural Bank, buy on September 2, sell on September 5."
"I just took a look at the trend chart of the Agricultural Bank of China, and your rhythm is quite accurate, continue to work hard and make persistent efforts." After this message, Tian Qian sent a cheering expression.
"Sister Qian, what level of operation am I?"
For a long time, there was no response on QQ.
After a long time, the QQ message prompt sounded: "This, how to say it, so-so, barely passing." ”
"Have you ever heard the saying: allarebravewhentheenemyflies."
"Nope." Tang Xiao answered honestly, but he was muttering to himself in his heart, could it be that the first time he traded stocks to make a profit, it was because of good luck.
"In the bull market, as long as you open an account and transfer an account, you can make money even if you are a pig, and all you need to do is very simple, just keep holding."
"If it's so easy to operate, why are so many people losing money?" The statistics that Tang Xiao knows are that only one percent of the profits in the stock market are one, two percent are tied, and seven percent are lost.
"The bull is short and the bear is long, and most people sell very high at the bottom of the bull market, buy very high at the head of the bear market, and do things like buying high and selling low."
"If you want to practice your skills well, what should you do, Sister Qian, do you have any suggestions?" Tang Xiao is very studious and ready to develop in the direction of a top master.
"Mr. Liu has already given you options when you enter the market, the stock market and the foreign exchange market. The stock market is unilateral, which is relatively simpler. Forex trading is indispensable if you want to develop well. ”
"Thank you Sister Qian for your advice, I'll check the foreign exchange information first."
"Okay, let's discuss what we don't understand."
In this way, Tang Xiao began to study foreign exchange in addition to homework.
The foreign exchange market, with a wide variety of varieties and a maximum leverage of up to 200 times, is completely a test of human nature, and a little greed may blow up in a second. High leverage, high volatility, good trend judgment and capital management skills, and most importantly, strong execution.
Tang Xiao decided to select a few trading varieties as special observation objects. In the foreign exchange market, there are many kinds of trading varieties, all kinds of straight and cross. In the Internet era, there are still many countries where foreign exchange transactions can be conducted.
After careful consideration, Tang Xiao chose nine varieties for trading, and there are three principles for selecting varieties: active trading, direct trading, and not easy to be manipulated by black hands.
Tang Xiao has always felt that appropriate intervention is okay, the invisible hand of the market is not so reliable, and sometimes, there will be black hands behind the scenes who use this invisible hand to do some bad things. The tangible hand, on the other hand, will have a certain coordination effect. The two cooperate, and the country is safe and secure. Separated, the weak eat the strong. In that way, it is the people at the bottom who will suffer in the end, after all, the bankruptcy of enterprises and the payment of wrong decisions will eventually pay the price for mistakes. And the people at the bottom have the weakest risk tolerance. Tang Xiao finally chose nine varieties.
USDX, U.S. Dollar Index. The U.S. dollar is currently recognized as the world's clearing currency, and many people will buy U.S. dollars to avoid risks for the safety of their assets. The U.S. dollar index is closely related to the state of the U.S. economy and the economic policies of the rest of the country.
Brentcrudeoil, Brent Crudeoil, the blood of industry. Prices reflect global industrial production, but are threatened by OPEC (Organization of the Petroleum Exporting Countries) and alternative natural gas, biofuels, etc.
XAUUSD, the preferred tool for avoiding war and anti-inflation, and at the same time has a certain industrial value, which is mainly praised for its hedging value and anti-inflation value.
EURUSD, EURUSD currency pair: The euro is the biggest competitor of the US dollar clearing currency position, the largest counterparty, there are many countries in the euro area, and the foreign exchange market performance is "stable" first, and the stable "stable";
GBPUSD, GBPUSD currency pair: Before the rise of the United States, the United Kingdom was the number 1 of Europe, with a glorious history, skilled investors, and the performance of the foreign exchange market was a "bump" word, crazy "bump";
AUDUSD: Australian dollar dollar currency pair: Australia is an export-oriented country, iron ore and other metals go far and wide, a veritable commodity currency, closely related to the changes in commodity prices, the performance in the foreign exchange market is "slow", slow "slow";
USDCAD: U.S. dollar and Canadian dollar currency pairs: Canada has a close economic relationship with the United States, and at the same time it is the counterparty of the U.S. dollar, showing a relatively unique situation, the performance in the foreign exchange market is a "unique" word, a maverick "independent";
USDCHF: US Dollar Swiss Franc Currency Pair: Switzerland is a European country, once a neutral country, the main trend follows the euro, the performance of the foreign exchange market is "with", with the "with" of the fart;
USDJPY: The dollar yen currency pair, Japan's impact on the dollar index, second only to the euro, island countries, imports and exports are affected by the policies of countries around the world, in order to stabilize the development, there is often intervention, the performance of the yen is a "dry" word, the "dry" of intervention.
These nine varieties are closely related to the US dollar. Gold and crude oil are priced in US dollars, followed by EURUSD, GBPUSD, AUDUSD, and these five varieties are generally in a state of decline when the dollar index rises, and are in a state of rise when the dollar index falls; USDCAD, USDCHF, USDJPY are in the front, and generally fall when the dollar index falls, and rise when the dollar index rises.
Choosing a good variety will be the object of improving your trading skills in the future. Successful forex trading is the transcendence of self and human nature.