From stock fundamentals, to candlestick charts, tick trends, handicap language.

The third uncle made rapid progress and quickly understood how to look at the market.

In addition to this necessary knowledge, Chen Weidong did not instill too much theory about the stock market to the third uncle.

Because he knows very well that the market is felt and analyzed by himself, rather than listening to what others say, which is not what a trader should do.

If you don't have your own opinion.

It's not called a trader, it's called a trader.

The third uncle was full of interest and was ready to buy some financial books, saying that he wanted to further study and become a powerful trader as soon as possible.

When Chen Weidong found out, he hurriedly stopped him.

In the original time and space.

Chen Weidong has seen countless traders/investors with decent talent fall into an investment cycle because they read some financial theory books written by experts.

For example, when you read a book written by an investment expert, "XXX Stock Practical Techniques." "XXX Theory and Operation."

When there is a similar trend in the market, because you have read the book, the memory in your mind will overlap with the current trend.

Immediately after that, you can't help but apply some of the formulas in the book, thus affecting your original judgment.

However, the daily movement of the market is unique, and there is simply no such thing as a replica.

If you get lucky enough to win, it's even more terrifying.

Because in your subconscious, you will have a sense of identification with these theories, such as: "There is some truth in what the book says. ”

This subtle psychological hint is enough to ruin an originally extremely talented trader and make you take more detours.

Once formed, it is almost irreversible.

Remember, a top trader must be absolutely confident and able to think independently.

Everyone, on the stock market, has a natural sense of the market, but if you go to learn other people's theories.

Then, your own sense of the market will become weaker and weaker.

Until you lose the qualification to become a top trader forever.

There are many ways to make money, it can be written in a book, but it does not form a formula.

After having a basic understanding of stocks, Chen Weidong opened a stock account with the third uncle.

After all.

Actual combat is the best teacher.

The trading hours of the Hong Kong stock market are Monday to Friday.

Morning: 09:30--12:00

Afternoon: 13:00--16:00

Closed on Saturdays, Sundays, and holidays.

In terms of time, the daily trading hours of the Hong Kong stock market are one and a half hours longer than that of the mainland.

The third uncle was very excited to speculate in stocks for the first time, and transferred 10 million directly to the stock account.

Countless people have entered the market with the dream of getting rich.

The third uncle is no exception.

Chen Weidong asked the third uncle to choose stocks by himself and feel the atmosphere of the market first.

In 1996, the larger financial institutions in Hong Kong had fully adopted computers and did not need to go to the stock exchange at all.

A few days ago, Chen Weidong also spent "huge sums of money" to buy several IBM computers.

In this first-tier city on the mainland, when the per capita annual income is only a few thousand yuan, the price of IBM is often 30,000 yuan or 40,000 yuan, which is out of reach.

Business users are the target of these big-name overseas computer companies.

But even if you buy accessories and assemble a 486 computer, it will cost more than 10,000 yuan.

That's almost three years' wages for an average worker.

Earlier.

When the Hong Kong stock market did not use computers, it was traded by telephone.

The customer calls the red vest (trader) in the market by phone, and the red vest quotes, writes it on the bulletin board, looks at the bulletin board, and makes a transaction.

Even as long as there are enough manpower, it is possible to use abacus to speculate on stocks and calculate the market index purely by hand.

(Refer to "The Great Era")

Now, Chen Weidong and the others only need to pay an additional fee to open online trading, and they can place orders on their own computers.

Chen Weidong drank a cup of tea, turned on the computer, and looked at the trend of the Hang Seng Index in recent years.

After a round of rallies before.

Now the Hang Seng Index is hovering around 11,000 points, repeatedly oscillating and sorting, and two consecutive attempts to attack have failed to break through, and it seems that there is a risk of a pullback in the near future.

Chen Weidong came to this conclusion and was about to remind the third uncle to let him wait and buy again.

didn't expect that less than half an hour after the opening of the market, the third uncle had already done all 10 million.

"What's the situation? You're all in the right place? ”

Chen Weidong was dumbfounded, he had to admire these novices, they were bold, if this was in Big A, he would have been dead a long time ago.

"Haha, I've already risen by 3 points, and I've made a profit of hundreds of thousands."

The third uncle was complacent and couldn't help showing off.

"What stock did you buy?" Chen Weidong couldn't help but ask.

"Lenovo Group, what do you think of this stock, is it very promising?"

The third uncle responded.

Chen Weidong leaned over to take a look, and it was really the association of computers in his previous life.

Now the stock price is about 0.5 yuan.

In the nineties, Lenovo still had a certain ability to innovate, but considering the recent market factors, Chen Weidong still persuaded:

"I feel like there will be a wave of adjustments in the near future, so let's clear the position for the time being."

According to his estimates, if nothing else, the market should rise and fall back today, closing a doji.

The Doji at the top of the stage means that there is a big divergence between the bulls and bears, and it is also a signal that the market is about to reverse.

I can't say that it will definitely go this way, but it is also a high probability.

The purpose of trading analysis is not to pursue a 100% success rate, but to pursue profits that outweigh losses.

The third uncle didn't think so.

In his opinion, the rally has just begun, the market is also slowly climbing, and the current trading volume is very active.

In fact, as he mistakenly hit, after a slight decline in early trading, Lenovo Group began to rebound and continue to rise, and even rushed to an 8% increase in intraday trading.

In less than two hours, the third uncle's disk has earned more than 700,000 yuan.

It's a lot more exciting than a casino.

If it weren't for Chen Weidong, he would have increased his position by tens of millions.

A gambler, moving from one table to another.

It doesn't take long for the fangs of greed to be revealed, and this may be the magic of the capital market.

The Hong Kong stock market is trading under the "T+0" trading system.

Stocks bought on the same day can be sold on the same day.

For the same stock, the same funds can be used to buy and sell multiple times in one trading day.

And while implementing the "T+0" trading system, there is no limit on the rise and fall.

As long as the third uncle is willing, he can sell the stocks in his hand at any time.

However, he was already on the top and couldn't listen to it at all.

Seeing the greedy appearance of the third uncle, Chen Weidong had an idea and shorted 20 million shares of Lenovo Group with his backhand.

This is also a major feature of the Hong Kong stock market, which can not only be long, but also short.

To put it simply, the third uncle's normal buying is called "long".

And Chen Weidong's "short selling" is not optimistic about the trend of this stock, and he needs the stock to fall in order to make money.

However, there are only more than 100 stocks in the Xiangjiang stock market, which can be traded short.

Among them is the "Lenovo Group".

Lunch break.

The third uncle's eyebrows fluttered, and he boasted about how broad the future of computers was.

I only hate myself for entering the market too late.

Thinking of his first victory, he waved his hand and called the Michelin restaurant to ask for a few shark fins.

In his words, Xiangjiang people buy stocks to make money, and they eat this.

We have to follow the local customs.

"Shark fin rice".

Very high-end.