Chapter 237: For the Dream of Progress! (With Baimeng's testimonial)
After explaining how to use the reinstatement method to understand whether the stock is at a high or low level, Ding Xu took a look at Haitong Securities and Changjiang Securities with the post-reinstatement method, and had some bottom in his heart.
According to Ding Xu's understanding, if you look at the stock by post-compounding, there will be some errors in the price, which is not very accurate, and you can only look at a rough idea, such as the original big white line of the daily limit, when moving the keyboard, sometimes it will be displayed as about 9% on the small window, sometimes even 11%, which involves some calculation problems of compounding, which cannot be solved by the current software. And there are some errors in the calculation of the cumulative increase.
However, what Ding Xu needs to know is only a general trend, so it doesn't matter.
For example, if you look at Haitong Securities by post-compounding, the lowest price on June 6, 2oo5 was 26.15 yuan, and on November 2, 2oo7, it rose to 639.16 yuan, an increase of more than 24 times. After that, it fell to the lowest point of 137.o1 yuan on December 24, 2oo8, which is only 21% of the high point of 2oo7, but it is still more than 5 times higher than 2oo5.
Considering that the lowest point of the broader market in 2oo5 was 998 points, and this year it is 1664 points, most stocks have at least more than doubled from the low point of 2oo5 when they fall to the low point of 2oo8. Therefore, this increase in Haitong Securities is not an exaggeration, and the stock price has fallen until last week, and it should be in place at present.
Changjiang Securities, formerly known as petrochemical refining, was later transformed and reorganized into brokerage stocks, and began to suspend trading after February 8, 2oo7, with a price of 12.o8 yuan before suspension, and then resumed trading until December 27, 2oo7. Missed the hottest round of the bull market. And when it resumed, the market had already begun to decline.
Shareholders who hold Changjiang Securities during this time. It can be described as ice. Fire double. Sky. At first, I was naturally happy to see the suspension of stock trading, but after a long time, I watched the market and other stocks rise wildly, and my own stocks have been locked, which is really happy and worried. When the market dives at a high level, I am even more apprehensive.
However, on the day of the resumption of trading. Changjiang Securities rose from 12.o8 yuan to 61 yuan, and the final closing price was 58.32 yuan, up 382%, so that shareholders are infinitely looking forward to the next trend.
At that time, many people were clamoring in the stock bar and the media, saying that compared with stocks such as Haitong Securities, Changjiang Securities should at least double again.
The fanatical shareholders seem to have forgotten that Changjiang Securities was as low as 1.23 yuan in 2oo5, and now it has increased forty or fifty times, and they still want to double, which is really called greed.
Some shareholders who are not willing to sell their stocks on the day of resumption of trading. There are also those who can't resist the desire to chase up. Hopefully, on the day of the resumption of trading of Changjiang Securities, the shareholders who rushed in to take over the order soon tasted the taste of regret. Changjiang Securities fell all the way from a high of 58 yuan to a low of 11.89 yuan on December 26, 2oo8, and the stock price was only one-fifth.
Of course, the above are the prices reflected in the post-compounding method, which are very different from the real price.
After reading it, Ding Xu came to a conclusion: "These two stocks are about the same, and the price is about seven or eight yuan." However, Changjiang Securities only has more than 800 million circulation, and Haitong Securities has 3.7 billion circulation. There is not much money in the stock market now, and there is a strong trend of speculating in small-cap stocks. If Changjiang Securities can rise today, and then it can continue to rise sharply and move the moving average well, I will consider chasing a little after the first pullback. β
"Why chase after the limit? Now that it's gone, why not chase it while it's cheap? Tian Gao Yuntian asked in surprise.
When Ding Xu said these words, the disk had already begun to change, and Changjiang Securities rose and fell, and now there are only more than three points of gain.
"These two stocks have been falling and falling, and they have fallen below all the moving averages, and now the moving averages are scattered and the moving average system is ugly. In the past few days, it has risen sharply by lifting the ban, and it is estimated that it is only a short-term behavior. The stock price is like a ship, the moving average is like water, if you want to rise continuously, you generally have to go well to the moving average and form a bullish arrangement, so that it is possible to rise continuously. β
Ding Xu explained, "If you want to reverse the current ugly moving average system, it is best to start strongly in the form of a price limit, and quickly flatten the medium and long-term moving average that is in a downward trend." At the same time, whether it can end the decline by the limit and start a round of rise is also an important way to see whether the main force is strong or not. β
Originally, Ding Xu was moved in his heart, and felt that the stock price did not fall but rose when the ban was lifted, which was an opportunity, similar to the example of using reverse thinking to rise against the market before the lifting of the ban by China Railway Second Bureau not long ago, and turning the bearish into a bullish example.
However, after looking at the technical graphics, Ding Xu did not dare to buy stocks with a particularly ugly moving average system, because it takes time for the moving average to go well, and most of the stocks with ugly moving averages have to consolidate at the bottom for a long time before starting.
Like this kind of stock, buying it now, it is basically a left-side transaction, and Ding Xu thinks that it is more cost-effective to wait for the upward trend to be determined, and to do the right-side trading.
So after weighing it, Ding Xu was still ready to give up this opportunity.
The most important thing in the stock market is the opportunity to make money, there are big or small good things every day, and there are strong stocks every day, but the safety of the principal is always the first.
Ding Xu is now burdened with millions of huge debts, and he can't make any mistakes, nor can he waste time on this kind of stock that has a high probability of repeatedly consolidating at the bottom.
In a bull market, the saying that time is money is vividly embodied!
"I agree with you. Now that the Shanghai Composite Index has fallen to around 185o points, only 11% higher than the low of 1664 points, it is difficult to tell whether the bear market is really over. As you just said, brokerage stocks generally rise wildly when the bull market is established. At this time, the stock market is still very sluggish, and the transaction is also very sluggish, and it is difficult for brokerage stocks to have a good performance. β
Qi Fei interjected, "But these two stocks haven't started to rise this year, compared to the doubled stocks of China Railway Second Bureau, these two stocks are safety stocks." Although brokerage stocks generally fall sharply when the broader market falls, these two brokerage stocks are an exception, and they have fallen particularly hard this year and have already fallen too much. So buy them when the market pulls back. It is also a good way to hedge against risk. β
"Isn't the market pulling back now? So I buy a little bit of these two brokerage stocks to hedge? Tian Gao Yundian hurriedly asked.
"Don't worry. The market correction is almost in place. It should be the end of the day. Ding Xu hurriedly said, "Brother Qi is reasonable, these two stocks, let's leave them to Bao Erdan's classmates to deal with, we won't enter for the time being, and it's even more important to keep an eye on Baozi." β
As he spoke, Ding Xu began to stare at the trend of the market and plates.
However, today's market can be said to be lifeless. It's like a pool of stagnant water.
There are no hot sectors that have risen sharply against the market, and the only few stocks that have risen sharply have fought on their own, not joining forces to fight the bears, and not fully driving the sector.
"It's uncomfortable to put money in the account, I want to buy the bottom." Bao Erdan couldn't help but say.
Watching the stocks he threw away soar, Bao Erdan felt really uncomfortable, and he couldn't wait to pick up Haitong Securities back immediately.
Although this is a typical sell low and buy high, Bao Erdan now feels that he has found a reason to be optimistic about Haitong Securities again, so he has convinced himself that he does not think this is a ridiculous thing.
This is a common problem for many retail investors.
When cutting meat. They forget why they were bullish on a stock when they bought it.
When chasing the rally, they forget the reason why they were bearish on the stock in the past.
"Dare to go long against the market. People who buy and sell every day are either real short-term masters, or rich second generation who are bored with a lot of money and want to spend a lot in the stock market. Ding Xu asked with a smile.
Bao Erdan sighed speechlessly and said, "Miracle, my son is going to buy a house, I have to spend a lot of money, and now I am counting on the bull market you said to earn it." I'm uncomfortable with an empty half-position. β
"Are we uncomfortable?" Yuying suddenly interjected, and complained depressedly, "I calculated, the buns almost have to be doubled in order to earn back the money my husband has lost in the past two years." But I felt stupid and didn't dare to move; In addition, my husband is also clumsy to operate, and he was not at home that day, and he didn't keep up with the rhythm of the miracle, so he didn't follow the miracle shipment, and now I look at the buns falling every day, and my heart is like dripping blood! β
Hearing this, some group members who did not reduce their positions also complained.
Ding Xu sighed and typed these paragraphs on the computer: "I can understand your feelings. This round of bear market has lasted for more than a year, and our stockholders are not having a good time, and I am also one of the victims! However, as stockholders, you and I both know that the reason why we have been tormenting in the stock market is just waiting for a market, a chance to get rich in life, and a magnificent life in the stock market! β
"Don't panic if you have a short position, if you can keep the principal and survive until the next bull market, it is a victory!"
"Let us not lose faith, let us not grieve, let us not be presumptuous."
"Now, the bull market has arrived, and I can already hear the sound of cow hooves stomping on the ground!"
"It's the darkness before dawn!"
"Do you remember at this moment, our dream when we entered the stock market was to get rich through hard work, to win wealth with wisdom, and to achieve financial freedom in life!"
"For the sake of our common dream, forward, forward, forward!"
β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦
--Baimeng's Speechβββ
Coincidentally, today is Thanksgiving, which is just the right time to be grateful or something.
I had fantasized about the day of this book, but I never thought that I would fulfill this wish so quickly! On the shelves on August 8th, today is November 27th, more than three months, 1o9 days, this book already has 1o9 alliance leaders, just an average of one alliance leader is born every day, this is the rhythm of the limit!
I'm so excited and proud, brothers and sisters, you guys are so powerful!
Especially today, when I saw that because of yesterday's 8 alliance leaders, our book actually ranked second on the 24-hour best-selling list on the starting page, second only to the book "Wuji World", and I was even more proud to think that this should be the pinnacle of this book.
But I didn't expect that this is not the highest peak, today, there are a total of 12 alliance leaders, unexpected, moved, excited!
I would like to express my heartfelt thanks to "netzho", Qiu Fengyan, Feiyang 14, o Yili, Marie, Xiang Ling'er, Tianci Shenniu, Fruit 11, Unlucky Dan, I love the two girls, you are not normal, and "Hu Wang Daxia", these 12 hardcore book friends generously rewarded me as the leader of the alliance and helped me ascend to the throne of the hundred league books.
Click on the leaderboard at the top of the page to open the main list of works alliance. The book is now ranked 25th. Above, on the left and right are thunderous names of great gods. Among the many books of the gods, the Book of Fire. Our somewhat niche "feature book" (editor's words) can finally move a small bench to sit in it, and quietly bathe in the light of the gods sprinkled on my shoulders, hehe.
Today, we have witnessed a small miracle, which is the glory of our shareholders!
Please allow me to sing "In the Bull Market" to cheer you on your journey to financial freedom in life. I wish you all a daily limit and make a lot of money every month.
In addition, I would like to inform you of two things. One is the "Bull Market" written by the miracle group friend "Sweet Orange" and sung by "Hongye Zhiqiu", which has been uploaded to the group text of the 1o group, and those who are interested can download and listen to it (that is, the lyrics in that chapter of "The Song of the Miracle Group".) οΌβ¦β¦β¦β¦
Today we also witnessed the emergence of another small miracle, the Shanghai Index 33.9 billion, another record high, Shenzhen 279.5 billion, Shanghai and Shenzhen total 618.5 billion, also set a historical record.
The night before yesterday, I said at the end of the chapter: "By next year, the high point of 331.3 billion Shanghai stock market turnover will be refreshed", and I just said yesterday that the stock market is not bad for money. As a result, today's trading in Shanghai and Shenzhen has exploded again, reaching a new high. It's not bad for money.
Of course, in the morning, as I feared last night, there was another upward gap, and in just a few days, there was a third gap......
Those who have read "Level Retail Investors" must be no stranger to the gap theory of Mr. Du Yucheng's "three jumps in a row, and the number of qi is exhausted" in the book. Fortunately, this gap was filled in the afternoon when the diving turned green, and there was no gap left today.
The gap that was filled that day is no longer a gap!
Of course, from the point of view of the 6O minute K-line, there is a gap, and it is quickly filled, and from the short period of 6O minutes, there is a need for short-term adjustment technically.
However, on the daily timeframe, it rushed to the upper band of the ascending channel today, and began to break through the upper band (more obvious from the 6O minute candlestick chart). Could it be that the market still thinks that the current 45-degree rising channel is too slow, and it is necessary to change an upward channel, that is, to change the first gear to the second gear?
So I opened the Bollinger Bands of the Shanghai Composite Weekly Line and took a look, and now the US line has also broken through the upper Bollinger Bands!
In a word, here I have an important law, the current weekly line, and the beginning of the bull market in 2oo6 when the weekly line is more similar, that wave of big bull market, the weekly K line is basically running above the middle rail of the Bollinger Bands, has not fallen below the middle rail, even if the 53o tragedy in 2oo7 did not fall below the middle rail. And once it fell below the middle track at the end of 2oo7, a big bear market began. The same is true of the small bull market in 2oo9, so you can take the middle band of the Bollinger Bands on this weekly line as a bull-bear dividing line. οΌ
Then open the monthly line of the Shanghai Composite Index and take a look, it also broke through the upper band of the Bollinger Bands and began to open the bell mouth of the monthly line. This is also a terrible thing, after the last 2oo6 year after the opening of the monthly line flare, the run, after a new high after a new high, until 6124 points.
In the face of such a general trend, I think the small exhaustion gap of 6o minutes is not terrible, and it can be solved by the intraday adjustment on the daily chart. And even if there is a failure gap after the daily line, it will be like that, don't get off lightly, so as not to step on the air, the taste of the empty is not pleasant, and it is easy to spoil the mentality.
Let's recall the sentence that I have emphasized many times, that we are little trees, bathed in the spring rain, and when the lightning strikes, I must be present.
The two stocks provided over the weekend, one of which rose by more than 6% today, and in just four days, the weekly increase was 37%, which is really the most bullish and really this kind of small market capitalization stock. The other stock rose slightly today, and the weekly increase was also more than 15%.
I think this is the charm of safe stocks, for example, this stock that has risen by 37%, when I dig it out, it is only less than one-third of the market price, which is safe enough. Sure enough, the explosion began under the benefit of interest rate cuts, and the intensity of the explosion was surprising.
In that case, why should we chase stocks that have risen sharply at high levels?
The safety of funds always comes first.
Those who hold security stocks and haven't made much money recently don't worry, the market is still difficult to form a top structure for a while, even if it is adjusted, these stagnation security stocks will not adjust much, and will even make up for it against the trend. Therefore, when there are signs of correction in the broader market, a better way is to replace the stocks that have risen continuously in your hand with safe stocks to avoid risks and avoid going short.
Today is Thanksgiving, and I think just like foreign believers will be grateful and reflect before eating, we should also take a good look back at what we came to speculate on stocks for.
I think it's not just to make money, but to be attracted to the stock market, I'm afraid it's also to experience the excitement of capital fluctuations, the joy of profit accumulation, and the beautiful process of realizing your life dreams.
As long as you master the right method, you can experience a lot of joy in stock trading. For example, the process of hitting the limit and opening again of a heavy stock I held today was wonderful at first and then nervous and exciting, which was a very beautiful life experience and added a lot of fun to my originally dull and boring work life. So please try to learn to be grateful, learn to abandon all kinds of negative feelings such as complaints and regrets, and enjoy the excitement and happiness brought by stock trading to our ordinary life.
In life, dreams cannot be missing.
In Ding Xu's words, people have no dreams, and they are like salted fish.
On this Thanksgiving Day, let me make two more wishes, one is that I can do my best to achieve financial freedom in life, and I can write books and trade stocks full-time. The second is that our book can impact the 3oo alliance leaders, and on the list of the league leaders of the works on the page list, a batch of chrysanthemums of the gods will be exploded.
Don't despise my greed, Ding Xu said, people have no dreams...... Well, as I said earlier, it's just an echo.
I just feel like we need a new goal.
What's more, the bull market is coming, and the more alliance leaders who reward me, the more everyone earns, what a wonderful thing.
In the bull market, I hope that every reader of us can count the money until it is soft, and then when the bear market comes, when God turns, we will retreat together, and achieve a myth and miracle of retail investors defeating institutions in the Chinese stock market.
Next year's Thanksgiving, let's take stock of this year's harvest!
Meet at 2o15. (To be continued!)
Tips: The new domain name "biquge.info" has been launched by Biquge, and the original domain name is about to be discontinued. Please tell each other, thank you!