Chapter 9 Yu Garden Mall is unbeatable

Yu Ming checked the closing of the Kyoto Index on April 8, 1991, after taking a full position in Yuyuan Mall stocks. Monday, 8 April 1991.

The Kyoto Index closed at 121.09 points, up 21.11% from its closing point of 99.98 points on December 19, 1990;

Yuyuan Mall closed at 650 yuan, up 31.58% from the closing price of 494 yuan when it was listed on December 24, 1990.

The increase in the stock of Yuyuan Mall is 2 times the increase in the market!

The opening cost of the 1447 shares of Yuyuan Mall is 595.02 yuan, and the profit target is to increase the stock price by 10-16 times, that is, the share price of Yuyuan Mall will start to reduce its position after reaching 5951 yuan, and the price will be cleared after reaching 9521 yuan.

On April 8, after school in the afternoon, Yu Ming was browsing the news on his mobile phone when he saw a message that the stock exchange of the Shenzhen Special Economic Zone, which had been established for nearly 10 years in August 1980, was established in August 1980 with the approval of the People's Bank of Huaxia, and would officially open for business on July 3, 1991.

Since the current price of Yuyuan Mall is still far from the target price, Yu Ming no longer pays attention to the stock market, and shifts his attention to the college entrance examination, which is three days from July 6 to 8, 1991, just three months away.

Although Yu Ming was a college student and a mathematics teacher in his previous life, it is a sure thing to be admitted to a key university, but Yu Ming still has to take it seriously and strive to be admitted to Huaqing University, the most famous university in China, in order to meet more high-IQ talents, and look forward to recruiting himself in the future, becoming his own help, and being able to complete his ideals faster and more efficiently.

What kind of ideal did I determine in the vast continent, and took this ideal as the life goal I was striving for, indicating that I had thought about it for a long, long time...

It means that if you are reincarnated as a human being, you naturally can't live a messy life like in your previous life, and you can't achieve anything.

Yu Ming's previous life was extremely uneventful, and his life trajectory was very simple, elementary school, junior high school, high school, college, work, wife, divorce.

If it weren't for the accident of drinking in a bar, Yu Ming would have gone through the last three steps like all living beings on the earth: retirement, pension, cremation, and then completely disappear in the long river of history without a single ripple.

Yu Ming summed up the mediocre lesson of his previous life, that is, he took one step at a time, lived a day and hit the clock for a day, did not formulate his own code of conduct, and did not determine his own life plan.

Since the Gate of Fate brought Yu Ming to the vast continent, giving Yu Ming a young life of 18 years old and a powerful soul of 40 years old, fate gave Yu Ming a chance to start over, and Yu Ming naturally couldn't let it go.

After hard thinking, Yu Ming determined his ideal: to build a huge economic empire of his own, and the sound of the vast continent was shocked!

It would take a huge amount of money to accomplish this ideal, and the metaphor has demonstrated a number of possible paths, and the conclusion is that stock trading is the only shortcut.

Yu Ming summarized the lessons of his failure to speculate in stocks on the earth, and came up with 11 lessons of blood and tears:

1. Frequent stock exchanges, frequent short-term operations, drifting with the flow, and not losing money, it is difficult;

2. Do not pay attention to capital preservation, never set a stop loss, nor control the position, always operate with a full position, from the end of the bull market to the end of the bear market;

3. Hearsay, not doing enough homework when buying stocks, not understanding the basic information of stocks, and blindly buying;

4. When you buy stocks, you fantasize about making money and never consider losses;

5. Blindly skilled economists and stock analysts, follow the trend;

6. On the way to the decline of the stock, the company is eager to buy cheap stocks, and the stock continues to fall after buying;

7. Put the eggs in one basket, buy and sell at the same time, and do not know how to operate in batches;

8. In the stock market, they think they are smart, but they are often self-righteous and can't see the general trend clearly;

9. Regardless of the price-earnings ratio and price-to-book ratio of the stock, just staring at the stock price and not losing money, it is not tolerated.

10. If you don't pay attention to the political and economic events of the country and the world, you will always be dizzy by the sudden downturn.

11. Be fearful when you should be greedy, be greedy when you should be fearful, always buy at a higher price and buy at a lower price.

Yu Ming made up a few sentences about his operation method of trading stocks on the earth:

Optimistic that it will continue to rise if it does not buy, and it will become bearish after chasing up and buying;

Angry but sold again, and immediately after selling, it rose sharply;

If you choose one of the two, you will inevitably choose the wrong one, the one who buys will fall, and the one who didn't buy will rise;

Correct the mistake after the wrong selection, exchange shares, and change the wrong one;

Make up your mind not to engage in short-term, long-term holdings, and long-term holdings, then it will not rise for a long time;

In the end, I couldn't get through, threw the long-term line, and the next day's limit;

went to engage in short-term again, and immediately got covered;

In order to unravel, the more it falls, the more it falls, the more it falls, and the more it falls, it is a deep set;

The set vomited blood for half a year, and he couldn't stand it, so he cut the meat, and the next day it began to rise continuously;

It has risen for several days in a row, and the eyeballs that I saw fell out, chased in, and set again; fainted and got up, and cut the flesh;

Learn from the pain, pluck up courage, reverse operation, inertia falls, ready to reverse, but the stock is suspended;

When the stock resumed trading, after the opening, it was the beginning of the bear market.

Just after hitting the wall and cutting the flesh in pain, the stock began to rise sharply;

Lying in the hospital, gritting his teeth and looking at the plate.

Yu Ming learned from the pain and formulated his own 5 principles for speculating in stocks on the vast continent:

1. Never put your eggs in one basket;

2. Never do short-term, do not chase up and down;

3. Always control the position, stop loss is the top priority;

4. Pay attention to the political and economic events of the country and the world, pay attention to the trend of the overall market, and decisively go out when the situation is unfavorable;

5. Be greedy and enter decisively when others are afraid; When others are greedy, you have to be afraid and get out decisively.

Yu Ming took the five principles of stock speculation as an iron law, strictly implemented them in his career of stock speculation in the vast mainland, and became the most dazzling trader followed by many institutions and shareholders in the vast mainland stock market.

The 5 principles of stock trading formulated by Yu Ming have also made Yu Ming the most legendary generation of stock gods on the vast continent!

…………

In order to be admitted to Huaqing University, Yu Ming decided to quit his job as a bar singer and leave a month to concentrate on revision.

Thursday, June 6, 1991.

Yu Ming arrived at the topf1club bar located at No. 33 White Horse Square, Changhong North Road, Fancheng, Xiangyang County, after school at 5:30 p.m.

Yu Ming went to the general manager's office to find Liao Chengzhi, applied for resignation again, and explained the reason for his resignation, Liao Chengzhi wanted Yu Ming to sing together in his own bar, because Yu Ming can create very good pop songs, the bar's business is booming, and it is very prosperous, but it is related to Yu Ming's personal future, Liao Chengzhi has no reason to refuse, so he had to agree.

After Yu Ming finished singing his 9 songs in the evening, he settled the bill, said goodbye to Sune and the other resident singers, and left the topf1club bar.

Yu Ming had a deposit of 35,000 yuan on the peony card at this time, which was enough for pocket money.

After Yu Ming became famous, the topf1club bar promoted Yu Ming's experience of singing here, and topf1club bar became the most well-known bar in China.

After Yu Ming returned to school, he entered into hard study, except for sleeping, he was studying.

Monday, July 3, 1991, three days before the college entrance examination.

According to the Huaxia Securities News, after the application of the Huaxia Securities Regulatory Commission, the top leader presided over the discussion of the Politburo Standing Committee and decided to cancel the Shenzhen Stock Exchange, and the stocks that were originally intended to be listed on the Shenzhen Stock Exchange were transferred to the Kyoto Stock Exchange for issuance and listing.

Wednesday, July 5, 1991, the day before the college entrance examination.

Yu Ming checked the closing of the stock market after the stock market closed:

The Kyoto Index closed at 118.17 points, down 2.41% from its closing point of 121.09 points on April 8, 1991;

Yuyuan Mall closed at 876 yuan, up 34.76% from the closing price of 650 yuan on April 8, 1991.

The market is falling, but the stock of Yuyuan Mall has risen sharply by 34.76%!

Since the listing of Yuyuan Mall, regardless of whether the Kyoto index rises or falls, the stock price of Yuyuan Mall has risen almost every day, without a day of fall!

Yuyuan Mall has become a banner of the stock market, and it is unbeatable!

……