The development of everything has its own logic, but there are very few people who understand this logic.

After the establishment of the Beijing Stock Exchange, except for the first batch of new shares listed, it was lively for a few days, and then it has been tepid, mainly due to lack of liquidity, but occasionally there will be 1-2 bull stocks, or even big bull stocks!

On January 2, 2022, when the stock market continued to be on holiday, Yuansheng had nothing to do, reviewed and recalled the bits and pieces of the operation............

In the days before Puhua went public, Yuansheng had already seen that Puhua was the main stock that must be speculated, but this kind of thing could not be said explicitly. It is clearly said that it is to leak the heavenly secrets, and those who leak the heavenly secrets will be punished more or less.

If I said it in advance, my friends will inevitably be bold, and he will think: Anyway, the main force must be speculated, so I will buy it at the opening, invest millions of yuan, and make hundreds of thousands of dollars if it rises by 10%, or 20%? Even better.

Friends who have this kind of idea (practice) are easy to lose: the main force has not yet started, you will buy a large number of first, then the main force can be temporarily abandoned, without the follow-up funds to undertake, the stock price decline is inevitable, more ruthless, the 2nd and 3rd day to suppress the sale, so that the stock breaks, resulting in a direct decline of 16-40%. Think about it, who can withstand a 16-40% drop without panicking?

Yuansheng clearly remembers that there was a friend who couldn't resist the pressure and stopped the loss when it fell 16% on the morning of the second day of Yaoyi's listing (because the stock had broken down, he was afraid). He sold at a price of 33.6 yuan, which was almost the lowest price, and in the afternoon, Yaoyi reached a maximum of 49.50 yuan, and the closing price was 48 yuan. This is the consequence of not having the underlying logic (or not accepting the underlying logic). Yuansheng believed that the underlying logic of Yaoyi was bound to rise, so he waited until the third day to 110 yuan to clear his position (the highest was 150 yuan on the third day, and the closing price was 91 yuan).

What is the underlying logic of Yaoyi? Others don't know, Yuansheng knows, he found that Yaoyi's similar stocks have risen nearly 40 times in a few years after being listed on the Hong Kong stock market, and Yuansheng judged that Yaoyi will definitely speculate after it is listed: a rise of 20-40% is its lower limit, what is the upper limit? You don't know, I don't know, maybe God will know! We later learned that it had risen more than 4 times in 3 days.

Yuansheng firmly believes in the underlying logic, so he tries to stop his friend from stopping the loss, but he doesn't listen, and Yuansheng can't fly over and tie his hand........ It was up to him to go.

Time flashback to the first day of Puhua's listing, Puhua opened at 17.13 yuan, and Yuansheng quickly calculated it? Its dynamic P/E ratio is about 12 times, such a low P/E ratio, coupled with the N themes and halos that Puhua has, it is worth taking the risk............

After the market closed, Yuansheng communicated with his friends and found that Rufeng had bought Puhua with a full position like himself, and the other two friends had a position of 8 into a position and a position of 5 into a position. As a professional investor, Rufeng has a relatively strong technical side, and when he encounters good stocks, he often dares to operate at a low position, which is one of the necessary elements for a mature investor (stockholder). Yuansheng is more optimistic about his future operations..........

On the second day of Puhua, the inertia opened low, and the experienced Yuansheng directly commanded friends who had not yet filled their positions to participate in the call auction to increase their positions and buy. The opening price at 9:25 was 16.05 yuan, which was not bad, and 2 friends traded at the opening price and did not miss the low. In the afternoon, the highest level of Puhua reached 20.75 yuan, an increase of nearly 27%, and Yuansheng and his friends adopted the tactics of reducing their positions to reduce their costs to more than 10 yuan, ensuring that they were the winners in this battle........ Among them, Yuansheng and another friend directly cleared the warehouse.

Afterwards, Yuansheng communicated with friends: a new stock rose 27% on the second day and was unable to seal the board, indicating that the chips were unstable, and there was a high probability that the market would be shuffled, so we could not participate in the shuffling, and directly clear the position ------ hold it overnight, and earning 20% is already a god-level operation, and we don't need to pay attention to the ups and downs behind; Or through the tactic of reducing your position to the point that even if it falls by 70% in the future, you will not lose, and the remaining chips can be defended with peace of mind, or play a T+0 game of buying low and selling high, these two methods are all possible, and you can take which one is more suitable for you.

On the last day of 2022, the closing price of Puhua is 21.44 yuan, and friends have passed T+0, and the cost has dropped to around 4 yuan, and it has become a foregone conclusion that this stock will make money! This is the victory of having the underlying logic! Such victories are not accidental and can be replicated repeatedly.

Whoever has this copying ability can turn the stock market into their own ATM! Withdrawing money that can make money in your circle of competence is a long-term solution.