After Yu Ming finished speaking, he saw that Wei Xuxia was still thinking, so he said:

"Sister Xia, I didn't study finance, what I said was all I pondered, I don't know if what I said is right."

Wei Xuxia looked up at Yu Ming and said:

"Brother Ming, my thoughts on you are very inspiring to me, thank you!"

Wei Xuxia looked at the time on her phone and said, it's not early, we haven't eaten yet, let's go back after eating some rice? ”

"Okay, Sister Xia, what do you want, I'll order it."

"Ask me for a scrambled egg with tomatoes."

Yu Ming asked for a rice bowl with stir-fried beef with green peppers, which is good in the café, and the meal was served quickly, and in less than 5 minutes, two bowls of rice were served on the table.

Yu Ming eats quickly, and eating is like a war. After Yu Ming finished eating, he saw that Wei Xuxia was still chewing slowly, so he said:

"Sister Xia, you eat slowly."

After Yu Ming finished speaking, he went to the bar to settle the account, spending a total of 260 yuan. This is the first time that Yu Ming has had a treat outside on the vast continent, so he carefully looked at the list:

1 cup of cappuccino 48 yuan;

1 cup of iced coffee 38 yuan;

Maojian tea 1 cup 66 yuan;

1 scrambled egg rice bowl with tomatoes 38 yuan;

1 portion of stir-fried beef rice bowl with green pepper is 68 yuan;

1 box of napkins 2 yuan;

A total of 260 yuan

Wei Xuxia saw that Yu Ming came back after going out, put down her chopsticks, picked up the Kun bag on the chair next to her, stood up and said to Yu Ming:

"I'm done, let's go."

"Sister Ming, please first!"

Yu Ming saw that Wei Xuxia only ate less than 2/3 of the meal, and felt that in order to maintain her figure, the girl just ate less, and it was not good to accuse Wei Xuxia of wasting food, so he let Wei Xuxia go ahead.

Yu Ming looked at the newly recognized sister Wei Xuxia who walked in front of her, walking like the wind blowing willows, and thought, Sister Xia is a lovely person, and I don't know which bastard will be cheaper.

"Let's go, welcome back!"

Yu Ming unconsciously walked out of the Left Bank Cafe, and the voice of the café waiter interrupted Yu Ming's reverie.

"Brother Ming."

Wei Xuxia suddenly remembered something:

"I also want to speculate in stocks, how long do you estimate that the stock market will fall."

Yu Ming says:

"How can this be said accurately, the cycle of each bear market decline should be different, right?"

Wei Xuxia went on to say:

"I'll open an account first, when do you think you can open a position, tell me!"

Yu Ming replied:

"Okay."

Wei Xuxia said:

"Then I'm leaving, Brother Ming, goodbye!"

Yu Ming also waved his hand and said:

"Sister Xia, goodbye!"

……

On February 24, Huaxia Securities News announced that the stock market in 1994 would continue to expand, and it planned to issue and list 287 new shares.

The news caused the stock market to tumble.

The Kyoto Index closed at 1,418.23 points, down 8.10%.

On this day, the three stocks of Lianhua Synthetic Fiber, Hand Tianchen and Highly fell by 6.80%, 3.21% and 7.98% respectively.

The stock market has been in the red for four consecutive days, which is the 6th negative candle in the last 7 trading days, and the Kyoto index has plummeted by 17.70% in 7 trading days, which means that the bear market has come!

The stock market is currently falling for almost 7 consecutive days, and the market is facing a short-term rebound.

Yu Ming did not move his holdings on this day, waiting for the last opportunity to escape after the stock market rebounded.

On February 25, the stock market rebounded as expected, and the Kyoto Index closed at 1564.45 points, up 10.31%.

Lianhua Synthetic Fiber opened at 42.5 yuan and closed at 48.8 yuan, with a trading volume of 7,803 lots, up 16.05%;

Tianchen shares opened at 40.70 yuan and closed at 45.20 yuan, with a trading volume of 8,514 lots, up 11.05%;

Highly shares opened at 27.90 yuan and closed at 29.50 yuan, with a trading volume of 10,289 lots, up 11.31%.

Yu Ming reduced the position of Highly shares by 8,000 throughout the day, and cleared 4,000 hands of Lianhua Synthetic Fiber and 3,384 hands of Tianchen shares in the afternoon, with a total of 56.771 million yuan in liquidated funds.

A account also has 10,000 lots of Highly shares.

On February 26, the stock market ended its rally and returned to the downward channel, with the Kyoto Index closing at 1,482.16 points, down 5.26%, halving yesterday's rally.

Yu Ming A account on the 10,000 hands of Highly shares due to yesterday's trading volume, failed to complete the clearance operation, has missed the last opportunity to escape, Yu Ming had to forcibly escape, carried out the killing operation, resulting in the day of the volume of Highly shares fell sharply, Highly shares to yesterday's closing price of 29.50 yuan after the opening, performed a unilateral decline in the market, and finally closed at 26.40 yuan, down 10.51%, the volume reached 34,879 hands, more than twice yesterday's volume.

Yu Ming sold all 10,000 lots of Highly shares at an average price of 28 yuan and obtained 28 million yuan.

So far, Yu Ming's A account has also been cleared, and the funds have been realized 202.6634 million yuan.

Yu Ming started the position reduction operation on February 5, and it was not until February 26 that the stocks on the two accounts A and B were cleared.

The Chinese stock market began to change and enter the bear market on February 16, indicating that because of the lack of understanding of the position of its own stocks, and because of the insufficient estimation of the initial trading volume of the Chinese stock market, the timing of the position reduction operation was not accurate, and finally it was forced to clear its position in the bear market stage, losing a lot of profits.

This also reminded Yu Ming that funds of more than 100 million yuan are not suitable for fighting alone in the stock market, and operating like retail investors will not work in the future.

In order to ship quickly, you must either choose more stocks, and after there are more stocks, a person cannot successfully complete the opening and clearance operations, and must hire a number of professional traders.

There is also a way to be a banker, concentrate the funds on a stock, and control this stock, which requires a more professional stock trader.

Yu Ming's escape from the top, although it was not smooth, the Kyoto index fell from 1592.76 points on February 15 to 1482.16 points on February 26, a decline of only 6.94%, which is still acceptable, but Yu Ming's position of several stocks fell more than the market, and the actual loss of profits is more than that.

Illustrate the benefits of this bull market:

After the stock clearance on account A, the realized funds were 202.6634 million yuan, the cost was 65.096 million yuan, and the profit was 137.5674 million yuan, with a yield of 211.33%;

In the same period, the Kyoto index rose more than 3 times, indicating that the amount of funds invested is large, the cycle of opening and clearing positions is longer, and it is normal for the yield to be lower than the increase in the market.

Together with the 70.2 million yuan transferred from account B, it means that there are 202.6634 million yuan of funds in the shareholder's account.

Now, Yu Ming has become a veritable billionaire.