And the problem with the stricter zhòng is that the 500,000 yuan quietly is not his own money, but the money he made up, which belongs to borrowing money to speculate in stocks!

Borrowing money to speculate in stocks, this is a practice that Ding Xu is extremely opposed, and it is also a very dangerous practice!

Ding Xu always believes that stock trading is a seven-point mentality and a three-point technique. Borrowing money to speculate in stocks will have great pressure and psychological burden on debt repayment, and it is easy to rush for quick success and quick profits, and the operation will be deformed, which will easily cause losses. Therefore, in order to ensure that you have a good investment mentality, you should only use spare money to speculate in stocks.

The so-called spare money is money that will not affect your life even if you lose it all.

Only by using spare money to speculate in stocks, will the mentality be good and it will be easy to make money. The mentality of gamblers who want to get rich overnight is very dangerous.

Purple Moon once said that there is a proverb in the futures market, which is called heavy positions must die. That is to say, you will not necessarily lose money once in a while, but if you take a heavy position for a long time, even if 99 times out of a hundred times it is successful, as long as you lose a big loss, you will go bankrupt, because that is ten times the leverage, and a 10% drop means a 100% loss.

The same is true in the stock market, if you use spare money to speculate in stocks, it is a big deal to lose money and will not affect your life. And the mentality of gamblers who borrow money to speculate in stocks is bound to be very dangerous, and there is basically no good ending.

Including Ding Xu's father began to borrow money to speculate in stocks in 2007, and in the bear market in 2008, he embezzled the unit's funds to make up for the position, resulting in a huge loss of one million and almost committed suicide.

In the end, although Ding Huaiguang saved his life, he owed a huge debt of one million, which caused a lot of pressure on Ding Xu. forced him to re-enter the stock market. Trying to make money to pay off debts by speculating in stocks.

But even so. Ding Xu also fully learned the lesson of his father, never borrowed money to speculate in stocks, and only used the 80,000 yuan he earned with 10,000 yuan in the bull market to start the road of stock speculation. Even his father borrowed money from his grandfather to speculate in stocks, but he was scolded by Ding Xu.

In the miracle group, once a group friend said that he borrowed money to speculate in stocks, Ding Xu raised objections and repeatedly warned about the risks.

And now, this Jingjing, who has just joined the group, is similar to his own background. is also to repay the millions of huge debts owed by his father to make money in stocks, but he is different from himself, he borrows money to speculate in stocks, which means a lot of risk.

"Don't borrow money to speculate in stocks, once there is an accident, a black swan event, such as a big bearish, the market or a stock crash, you will not only not make money, but also may suffer huge losses. So. Not only will you not be able to repay the millions of dollars you owe your father, but you will also have to take on a new huge debt. Put a new noose on yourself! ”

Ding Xu was worried about being quiet, and hurriedly persuaded him, "Since you are borrowing money to speculate in stocks, then I can't help you!" ”

"But I only have 300,000 principal, and if I want to pay off the 1 million that my dad owes, I have to at least triple it! And now I have borrowed 200,000 yuan, and if I can double it, I can pay it back! Jing Jing said with some confusion.

"Slow is fast, fast is slow! You want to pay off your debts quickly, but if you get caught and lose money, you will owe more and more! Ding Xu said helplessly, "If a gentleman does not stand under a dangerous wall, borrowing money to speculate in stocks is a dangerous wall, which may collapse at any time." If you want to buy stocks with me, don't use the borrowed money to speculate in stocks, otherwise I won't be able to help you, this is my principle. ”

"Why are you so opposed to borrowing money to speculate in stocks?" Quietly muttered helplessly, "Not long ago, the high-level announced that they would launch margin financing and securities lending business, and financing was not also borrowing money, just borrowing from brokers, and the interest was not cheap, I heard that there is an annual interest rate of 9%!" Isn't borrowing money from a brokerage firm the same as borrowing money from an individual? It can be seen that the state is not opposed to borrowing money to speculate in stocks! ”

"You're completely wrong! You have this misconception because you don't understand how financing works. It just so happens that I studied this some time ago, so I'll talk about the difference. That's right, financing from the brokerage is also considered to borrow money, but the risk is controllable, because all your money and stocks are used as collateral for financing, so that even if you encounter an accident and incur a big loss, the brokerage will automatically close the position according to the procedure. ”

Ding Xu explained, "The brokerage will have a maintenance guarantee ratio, which is to use the borrowed money plus your own money, divided by the money you borrowed. If this ratio is less than 150%, a margin call will be made, and if it is less than 130%, the position will be liquidated. For example, if you have 500,000 and you raise 500,000, you have 1 million assets. If you buy a stock with a full position and buy 1 million, once your 500,000 principal is lost to only 150,000, that is, 350,000, the guarantee ratio is only 130%, and the brokerage will automatically close the position, so that your principal can still be 150,000, and the money lent to you by the brokerage will not be lost by you. Of course, there is an exception, you can't encounter the extreme of a continuous word board down limit, otherwise you can't close the position. In this way, under normal circumstances, you will not lose all the principal, and you will not owe money to the broker. In other words, generally speaking, you can stop the loss at most of the principal, so that you will not have to owe foreign debts. ”

"I understand, if you borrow money to speculate in stocks, because there is no forced liquidation measure, it is easy to wait for the unbundle, or cut the meat indiscriminately, operate indiscriminately, and finally lose more and more, not only lose all your money, but also lose almost all the borrowed money." Jing Jing understood this time, and said with some fear, "This is really risky, not only will I not pay off my father's money, but I will also put myself in, in this case, I am afraid that I will not be able to solve it in this life." ”

"You're right, I'll build yì you quickly pay back the borrowed money, and only use your own principal to speculate in stocks!" Ding Xu nodded and said, "Don't put too much pressure on yourself, and don't have a gambling mentality." Nine out of ten stocks are losing, why do you think that you can make money by borrowing money? Don't think about the good side of everything first, think about the bad results first, and think about your maximum ability to bear it. This is called seeking defeat before winning. ”

After thinking quietly for a while, he nodded and said, "Okay, I'll listen to you, I'll pay back the borrowed money first." Actually, I didn't even dare to tell them the purpose of borrowing money, I said that it was to do some business. If it is to borrow money to speculate in stocks, it is estimated that they will not lend me a penny. ”

"Well, that's good." Ding Xu breathed a sigh of relief. Laughed. "You haven't experienced the big bull market of 2007. At that time, some people even put forward the slogan of selling houses and speculating in stocks, and some people really did this, and as a result, they even lost their houses and had no place to live, you can understand how miserable it was. This kind of person only sees the possibility of getting rich overnight, but cannot see the risks of the stock market clearly, and it is easy to psychologically distort and chase the rise and fall. If you make a mistake, it's hard not to lose. ”

"That's right, never sell your house and speculate in stocks. The story of our family is almost equivalent to selling houses and speculating in stocks, and we almost lost it, but fortunately we encountered a miracle. Yuying interjected, "Jingjing, you just listen to the miracle and mine, don't be blindly impulsive." Borrowing money to speculate in stocks is really a bad idea to hurt people. It's going to kill people! ”

"Yes, I heard the story of the Jade Shadow family yesterday. It's dangerous! Jing stuck out his tongue and said, "Miracle, I listen to you, come to a steady investment, and only use my 300,000 principal to speculate in stocks." However, I want to know, can the stock market be speculated with a full position now, and will the market fall sharply again? ”

"Quietly, I believe this is a small bull market, from 1664 points, it should more than double, to about 3300 points. Since the stock index has doubled, it is not difficult for individual stocks to double, you only need to find a small and medium-cap stock at the bottom of history, and then hold it to 3300 points and then throw it away, with a high probability of double. Because small and mid-cap stocks are likely to outperform the index, perhaps by one or two times or more. ”

Ding Xu thought for a while and said to Jing Jing, "Of course, the premise is that you can cover it to death, don't buy it today, sell it tomorrow, if you toss it like this, it will be more difficult to double." ”

"I can cover it to death, but I don't know what to cover. I just joined the group before the Spring Festival and wanted to share your Baotou steel rare earth, but when I saw that you sold it and bought Zhongbing Optoelectronics, I hesitated, and then I flew, and I didn't dare to chase it. Now I am basically empty, what should I do? Jing Jing asked a little depressed.

Ding Xu thought about it, and finally chatted privately and quietly: "Why don't you find a chance to enter CICC Gold today, I am also ready to enter, and the goal is to double." However, this stock plate is too small, only more than 100 million circulating disks, so don't say it in the group, lest everyone come to buy it, I'm afraid there will be a capital stampede effect. ”

This is a small-cap stock that Ding Xu is going to operate with a full position of 10 million, and it is difficult to purchase it. So he didn't want to sue others, after all, most of the friends in the group held Baotou Steel Rare Earth and Zhongbing Optoelectronics in their hands, and there was no shortage of good stocks. Once this operation is announced, maybe everyone will sell the stocks in their hands to follow the trend of gold and gold, which is not necessarily better than holding other stocks, and it is easy to alarm the dealer. After all, the stock is small, and the daily trading volume is not large.

But Jingjing's life experience is very similar to Ding Xu's, and Jingjing's amount of funds is not large, only hundreds of thousands, so it should be no problem to piggyback on him.

Sure enough, Jing Jing became excited when she heard it, and said: "No problem, I won't tell anyone, will I enter as soon as the market opens?" ”

"Well, depending on the situation then, if you open within 5 points, you can chase it." Ding Xu nodded and replied.

"Can it really be doubled?" Quietly asked.

"Stock speculation is just a probability, and no one is absolutely sure. I think that if there is really a small bull market, the probability of doubling this stock should be more than 80%, which is worth fighting hard for a heavy position or even a full position. After all, it is not yet 2,000 points, and the four trillion economic stimulus policy has come out again, and the market does not have much room to go down, and the room for upward movement may reach 3,300 points. In this way, the probability of doubling the small-cap stock of CICC Gold, which was strictly stagnation in the early stage, should also be 80%. Ding Xu replied, "And if the market has risen to 3,000 points now, I will definitely not build a heavy position to buy stocks, because when it reaches 3,000 points, the possibility of falling is relatively large, and you should do subtraction and light position operation." ”

"That's good, I believe in you. No matter how much it can rise, just go up, don't fall sharply, otherwise I will be miserable. I only have 300,000 yuan in savings, but I can't afford to lose it, and my dad is still waiting for me to pay off the debt and save my life. Jing Jing breathed a sigh of relief and replied, "You also know that the loan sharks are really not easy to mess with. If you owe money for too long, anything can happen. ”

"Well, the possibility of a big fall is relatively small, and the upward space is still relatively large, and it can be done." Ding Xu nodded seriously and said.

At the same time, Ding Xu felt that the burden on his shoulders suddenly became a little heavier, which made him a little breathless.

Don't look at just some netizens, but behind a virtual network ID. But one by one, there is a living life. The happiness of a family.

Can you really help Jing Jing get out of this quagmire of life?

And also. Can I really help my father pay off his million-dollar debt?

Will the bull market really come?

It's all unknown.

"Trust your own judgment! In any case, at this low level, it is worth going to the full warehouse to fight once! Once you reach a high position, you have to start subtracting, slowly withdraw funds, and retreat with your whole body, and you must not be like your father, who is trapped on the hill! Ding Xu took a deep breath. Said to yourself.

As he spoke, the market opened.

It's off to a good start, will it be?

This is the first trading day of the Year of the Ox, and countless investors are looking forward to it.

…………………… Dividing line ........................

Today, I saw the video of "A 32-year-old man suspected of losing millions of dollars in stock trading", and I felt very uncomfortable, I actually lost money like this in the big bull market, what's going on?

Someone responded to a post in China's CRRC bar, the landlord is called "retail investors who want to make money", and the content of the post is: "Before leaving this world, I just want to say that I am willing to gamble and lose." The principal amount is 1.7 million plus four times the financing, and the whole warehouse is in the car. I didn't blame anyone, I blamed myself for being greedy, I wanted to give my family a comfortable life, who wanted to lose everything, farewell, family, I love you, I love this world. ”

I don't know if this landlord is the man in the news report, because he also has a post of "The 500 shares left for my daughter to get married, today's college entrance examination, congratulations to me and bless her", which is a bit vague, and it is easy for people to think that his daughter has taken the college entrance examination this year, and his daughter is only the sixth in the news. But his posting time is June 7th, it may be unclear, in fact, he may want to express it as: "The 500 shares left for my daughter to get married in the future, congratulations to me, bless her, today's college entrance examination, and also bless the candidates of the college entrance examination." ”

In addition, the landlord also has a post that reads: "I am so lucky to win the lottery, I am ready to get my daughter to marry all the time, and give it to her as part of the dowry, just like the daughter red in the past." I hope that those who win the lottery will take him for five or eight years like me. Congratulations to all of you on your fortune. ”

Inferred from these five or eight years, his daughter should be more than 6 years old, and it is indeed possible that she will take the college entrance examination on June 7, and then get married after college, that is, five years and eight years. Therefore, this landlord may not be the retail brother who jumped the rooftop in the video, and he may be fine.

But no matter what the truth is, the mood is very heavy, because judging from the video report, someone did jump off the roof because of huge losses, this is another retail brother who was hurt by the stock market and couldn't breathe, and his family.

This incident, just like the one I wrote in the first chapter that the protagonist's father borrowed money to speculate in stocks and suffered a huge loss and almost committed suicide, all of which point to the risk of borrowing money to speculate in stocks. This is what I would like to remind readers not to make this kind of mistake.

This is really worth everyone's attention. This retail brother used his life to ring the alarm bell and once again reminded everyone that using spare money to speculate in stocks will have a good mentality, and it is really dangerous to borrow money to speculate in stocks.

As for financing, it's better, because as I wrote in this chapter, there is risk control, there is a liquidation line, but it is also necessary to distinguish between high-level stocks and low-level stocks, risky stocks and safe stocks. Just like Chongqing Beer and Changjiu Biochemical in previous years, once you encounter a black swan event and ten consecutive down limits, even if the brokerage wants to help you close your position, you will not be able to sell it at all. At that time, I don't know how many people were liquidated after financing, so we must also learn to control the position of financing, and we must be very cautious about stocks like CRRC that have risen ten times or eight times.

Therefore, whether it is the investment story written in the book or my operation in reality, it is mainly to be a safe stock that has rebounded from the fall. In the book, I said something similar through Ding Xu's mouth: "High-ranking stocks are like a yellow mass on the ground, it may be to pick up gold, but it may also be to pick up a piece of shit." So this kind of stock, even if I pick up gold, I won't do it. "In reality, I have always advocated that everyone should be a safety stock, and would rather make a little slower than take too many risks, and this is the reason.

Please remember the truth that nine out of ten stocks are lost. The risk of the stock market is really big, and now it is a big bull market, and some new investors can't see the big risk, but once it turns into a bear market one day, the risk of losing money will be released in a concentrated manner. If you borrow money to speculate in stocks, it is very easy to cause tragedy.

Here, I would like to remind readers who are still engaged in capital allocation that OTC capital allocation has been identified as an illegal activity by the senior management and completely stopped, and must not be allocated again, which is very risky.

Finally, I would like to post a paragraph of my advice (in the testimonials related to the work and in the first chapter) for your reference to my investment ideas.

"In addition, I would like to explain that in 2007, when the bull market was big, I was just observing, and I didn't go into the water, because I didn't have money at the time, and I firmly opposed borrowing money to speculate in stocks, because once I lost everything, not only did I not have the principal, but also owed a bunch of foreign debts, and the pressure on life would be very great, if I borrowed money to speculate in stocks in 1996, I would have a distorted mentality and operate in a disorderly manner, and then even getting married and buying a house may become a problem. So I only use spare money to speculate in stocks, and idle money is money that will not affect my life even if I lose it all. Even if you want to borrow money, you still have to finance from the brokerage, so that even if you are closed out by accident, you will only lose the principal and stop the loss, so as not to owe foreign debts. Especially now there is a kind of allocation on the Internet, which will lend you money several times, or even ten times the leverage, which sounds very tempting, and ten times the leverage will double if you earn a limit, but at the same time it means that no matter how much money you have, your principal will be gone if you have a limit, and it will be over, so I resolutely do not build yì to allocate funds, which will cause your psychological distortion, and it is easy to make mistakes and cause losses.

Stock trading is seven points of mentality and three points of technology. Therefore, I advise everyone, in addition to financing from brokers, never borrow money to speculate in stocks, let alone sell houses to speculate in stocks. Only by using spare money (money that does not affect life if you lose all your money) to speculate in stocks, will you have a good mentality and make money easily. The mentality of gamblers who want to get rich overnight is very dangerous, there is a saying in the futures market that heavy positions will die, and in the stock market, the mentality of gamblers who borrow money to speculate in stocks is bound to be very dangerous. Including the story I told in the first chapter that the protagonist's father borrowed money to speculate in stocks and suffered huge losses, and almost committed suicide, which is to say this truth.

Therefore, the focus of this book is always to tell about the process of stock trading, the mentality of stock trading, and finally the skills of stock trading. Because I think these contents are really useful to everyone, let's not be in a hurry, read slowly, think slowly and improve, and make money steadily. (To be continued......) R1292