After dinner, we walked back, Situ Yue went back to his home in the city, Xiao Yuan went back to the villa area, and Tang Feng and I walked to the dormitory.

"Tang Feng, what is the origin of Mr. Xiao, you see that he just understood everything from the international financial situation to the national monetary policy, as well as the development prospects of our company's industry to the future planning of the Hong Kong-Zhuhai-Macao Greater Bay Area, and the Shenzhen-Hong Kong humanistic feng shui pattern, and his insights are unique and profound, I feel so powerful", I couldn't help but ask curiously halfway.

"Oh, Xiao was always specially invited by the chairman of the board of directors from ** last year to be responsible for the company's capital operation. 35 years old, ** person, don't look at his young age, he used to be a senior executive of an internationally renowned securities company, he has worked in the Asia-Pacific financial industry for many years, has a deep background and rich resources, and has handled many classic cases. This time, the company's related industries wanted to operate simultaneously in the domestic A-share and ** stock markets, so they spent a lot of money to find him. "Tang Feng is like a treasure.

"Oh, no wonder, when I first met him at the card table a few days ago, I felt quite secretive, and I thought it was a mixed salary, but today I see his eloquent and strategizing aura and demeanor, which is just like the two of them before, but I can understand." I was pleasantly surprised.

"Well, you learn more from him, he is a very low-key person, but he is really powerful, this time I introduced you to him, just to bring you to their team, to see if you can learn some skills." Tang Feng stopped, thought about it and added, "Of course, there are still opportunities to make money."

In a villa by the sea far from downtown Shenzhen. A large screen hangs on the wall of the living room showing the stock market movements and figures. At the bottom of the screen, Zhu Yu and I had many other colleagues, in groups of twos and twos, each of whom was busy in front of the computer.

A month ago, Xiao Yuan brought me here to observe and learn to capture some dynamic changes in stock market chip trading, as well as the design and application principles of several mainstream technical indicators, and also assigned a small account for me to follow Zhu Yu's real operation.

We work every day very boring, but the management is very strict. Everyone's means of communication have been confiscated, and communication with the outside world is also restricted during work, and everyone can only engage in simple life and entertainment activities in a limited space.

"Hongyi, how are you learning?" After lunch that day, I was reviewing in my seat alone, and Xiao Yuan walked out of the office with a folder.

"Oh, Xiao is always good. Well, I've had some background in stock market theory before, but the actual operation feels very different. I stood up and replied cautiously.

"Well, there are differences, that's for sure, but you still need to link theory with practice, and recently I see that you have learned well, think carefully, and have a lot of ideas. This is some of the information I have compiled for you, and there is a little bit of my experience on it, you can slowly understand it, remember that you are only allowed to read it alone." With that, he handed me the folder. Before leaving, he patted me on the shoulder and said a word of encouragement. "I'll arrange some accounts for you to try to do right away, and if you have any questions, feel free to come to me, I'm optimistic about you!".

"Okay, thank you, Mr. Xiao" I couldn't hold back the ecstasy in my heart and replied excitedly.

"The way of heaven is beneficial but not harmful; The way of the saint is indisputable. At the frontispiece, a line of small bold letters came into view. I was surprised that this was the last sentence of the last chapter of the Tao Te Ching. I don't know what Mr. Xiao's intention is to introduce such a philosophical and mysterious sentence on the first page of the trading textbook, but literally I think he is looking at the philosophical problem of trading with heavenly thinking.

The pricing mechanism of stock price is a subjective judgment method pursued by different types of participants under different capital requirements. Under normal market conditions, there will be significant differences in the criteria for defining retail and institutional funds.

There are three kinds of stock investment logic: capital operation, (fundamental analysis) value investment, (technical analysis) trend investment, which is a complex process method theory. In the process of implementation, it requires a lot of evidence to falsify the logic, and a lot of uncertainty to deduce the results. The combination of these complex or contradictory words reflects the game relationship and the essence of profit and loss between the buyer and the seller (counterparty). Among the five analysis elements composed of price (price), volume (capital), time (time window), short (spread), and state (technical indicators), different concepts focus on the strategy logic applicable to different implementation stages。。。。。

Price is the core element of trading, and only with the right price and spread space can the real profit be obtained through chip exchange.

Volume is one of the core elements of stock investment, which clearly indicates the will expressed by the money at a certain stage and the strength of the intervention within the time window.

The time window is one of the core elements of investment transactions, which perfectly combines the purpose of the main capital with the event-driven process, completes the falsification of the seemingly accidental but inevitable process, and gives the corresponding reaction cycle to the reason for the resonance of market sentiment.

Space or price range is the most difficult variable to determine in the analysis system, and only changes in the spread can bring profit or loss. Its complexity directly defines the essence of profit and loss for all participants.

The technical form is the inevitable result of price changes, no matter what kind of data collection mode is used to compile what kind of logical technical indicators, it is to clearly express the process or law of price changes in the form of charts.

We use fundamental analysis and technical analysis as one of the evaluation systems; value investing and speculative investing as another valuation system; They overlap and focus on each other's five elements, but they belong to a passive evaluation mechanism when compared with the level of capital operation. Capital operation is a process that actively completes the analysis system of the first two in the linkage process from the primary market to the primary and semi-market and then to the secondary market. There is only one criterion for judging it: true (legal) and false (illegal) ...

On the main screen of the display in front of you, a stock tick chart is beating with various numbers, and the position numbers of the trading software on the secondary screen are also constantly changing. The stock we want to buy is it, and it's just that it'--- Muyang shares.

This is an old stock in the Northeast region, which has been listed for more than ten years, and its performance has been lackluster, and it has remained in a state of meager profits all year round. The bleak prospects of the main industry are fiercely competitive in China, and there are almost no barriers to the industry; And the burden of historical legacies is getting heavier and heavier, and it has been squeezed to the brink of bankruptcy. It's just that because of its state-owned enterprise background, it is still breathing with various subsidies. It's a stock I would hardly consider.

The broader market has been in a bear market for many years, and with the wave of reform rising higher and higher, the index has finally started to improve this year. Our small-cap ticket with a total share capital of about 80 million is now also showing signs of starting. After more than half a year's efforts, it has risen from 2 to 4 to 3 6. Although this stock has no theme and performance, but the market is very hot recently, many stocks are taking turns to rush up, and the hot atmosphere around it also makes it a little impatient, but the strange thing is that every time it rushes to around 3.6, there are always big orders to smash down, and even as long as the market is a little windy, the price will immediately hit below 3.5, and then tepidly.

"Hey, Brother Zhu, ask you something, do you think there will be a problem with our stock", one day at noon, I quietly grabbed Zhu Yu.

"What's the problem?" He didn't look up, and asked as he ate.

"You see, I also study economics, with my understanding of the stock market, there will always be some correlation between the market and individual stocks, but you look at our stocks, every day is sick and not hungry, the price is so low, the peripheral rising atmosphere is so good, it does not rise at all, and there are so big selling orders from time to time, and they also go against the rhythm of the market, are they a group of fools who sell stocks?" I shouted and said indignantly.

"Hmm. Ahem. Stop it. Zhu Yu raised his head in a panic and peeked around.

"They're sick, they're not going to have such a big sell, or maybe there's still something wrong with the stock, or... I have to say that he didn't even have time to wipe the rice from the corner of his mouth and quickly interrupted me.

I was about to retort when I noticed that many colleagues were looking at me strangely, and I realized that things might not be what I imagined, so I glanced around and quickly buried my head.

Large funds are a long-term process, in different stages of the use of techniques and strength will be very different, in the actual operation process, panic market or downward trend, homeopathic or small single selling pressure can complete the price suppression and achieve the purpose of funding. The week passed quickly, and I had added more than 3 million shares to my account, which was close to the limit of the listing. Xiao Yuan didn't seem to pay much attention to the details, and didn't even ask in the middle.

In the second week, Xiao Yuan gave me a new account, which was already full of nearly 4 million shares of Muyang, and it was very profitable. Judging from the transaction records, the first purchase can be traced back to half a year ago, when the market was still a bear market, and even in the most dangerous time, there was a limit of 100 shares. But this account has been insisting on non-stop buying, regardless of the trend of the broader market and the rise and fall of individual stocks.

This time my task is to sell. When the stock rises to around 3.6, a sell order is placed. Or when the intraday rally is very fierce, you can directly use a large order to smash the buy order to prevent the price from continuing to rise. It's an anti-market operation, but it's a refreshing feeling to control the tempo during the session.

In the third week, my task changed again, the new account has a large amount of funds, but only half of the positions are held, and the requirement is to chase the rise and kill the fall in the intraday. At the end of the day, it is almost full and rolling back and forth.

In the fourth week, the rebound seems to be coming to an end, this year's market has accumulated a large number of profits after five consecutive months of 50% gains, and various theme concept stocks with huge gains in the early stage have begun to dive in turns, and banks and securities financial stocks with excellent performance have also stopped. The atmosphere was a bit stormy.

I'm a little anxious, we have a very heavy position, once the situation reverses, it may be difficult to throw the chips at that time, and the account will be at risk of loss. During the morning meeting, I couldn't help but want to remind them several times, but the words came to my lips and swallowed again. I understand the truth, don't they understand?

In the last few days of the month, the situation was as I expected, and the broader market began to fall. Our stock has not been spared, and it has even performed worse than most stocks. The team has stopped operating, but it is still going down every day. I feel a little heavy in my heart.

Xiao Yuan didn't say anything, just gave us a holiday, and let us go back to the science and technology park to rest.