The author is an old stock market investor with 17 years of experience, writing this novel in their spare time. I have personally experienced the super bull market of 2005-2007, the major bull mark...
Chapter 30: Stock Trading is Like Finding a Partner
"Xinyue, it's time to eat..."
After hesitating for a few moments, Li Feng shouted towards the bedroom.
"Well... wait a moment..." Zhao Xinyue responded in the bedroom.
Then, after a rustling sound, the two women walked out holding each other.
Zhao Xinyue changed into a light yellow home outfit, looking youthful and beautiful, which caught Li Feng's eye.
Lin Menghan changed into a red home suit, had a stern face and said nothing.
Li Feng glanced at her a few times and was too lazy to pay attention to her.
"Come, Xinyue, try my cooking. Hehe, the hot pot bottom is Haidilao, the mutton is authentic hand-cut from Inner Mongolia, and even these yam eggs are an authentic local specialty..."
Li Feng said this and pointed down.
The induction cooker made a buzzing sound and the water boiled after a while.
Li Feng stood up, put in a few slices of shrimp balls and crab sticks, then opened the mutton roll and started cooking the mutton.
Zhao Xinyue was not idle either. She divided the bowls and chopsticks and poured in the prepared sesame paste. A sesame fragrance emanated from it, refreshing the heart.
"Feng, you can't be mean to Menghan anymore."
"I just discussed it with her. She can learn how to trade stocks from you, but forget about becoming your apprentice. It's a different era now, and you can't be so disrespectful to someone like that."
Zhao Xinyue said as she handed over a bowl filled with sesame paste.
Li Feng took it and glanced at Lin Menghan who was sitting beside him.
I saw that she had put on makeup again, with light powder, slightly curled red lips, and constantly flashing eyelashes, all of which showed that she was far from being as calm as she appeared on the surface.
Just pretend.
Keep pretending.
See how long you can pretend.
"Okay, I'm a big man and I don't bear grudges. Let's forget about this."
Li Feng waved his hand, picked up the spoon and started to scoop up the mutton.
The mutton must be taken out as soon as it is cooked, otherwise it will become overcooked.
"Come, Xinyue, I'll give you a spoon..."
"Thank you, Feng..." Zhao Xinyue said sweetly.
"Um, who is this, oh, reporter Lin, I'll give you a spoon..."
“Thank you…thank you…”
Lin Menghan hesitated for a moment, but still took the bowl.
She looked at Li Feng who was busy, and at Zhao Xinyue whose eyes were sweetly curved into crescents.
I don’t know why, but I suddenly felt a surge of jealousy in my heart, sour and bitter, and it was very hard to deal with.
Zhao Xinyue picked up the mutton, dipped it in sesame sauce, and took a bite.
I just felt that it was soft and sticky, fragrant and soft, smooth and tender, and I couldn't help but praise it: "It's delicious."
After taking a few more bites, she suddenly said:
"By the way, Feng, Menghan has lost a lot of money in the stock market in the past two years. Now that you have some free time, please help her analyze it."
"I've told you how she does it before."
Li Feng paused with his chopsticks holding the mutton and frowned unconsciously.
Lin Menghan has made too many mistakes in stock trading.
It's almost impossible to talk about.
"Feng, what's wrong? Is there any problem?" Zhao Xinyue saw Li Feng's worried look and asked.
Li Feng put the mutton into his mouth, chewed it, sorted out his thoughts, and said:
"There's a problem. Her thinking behind stock trading is very problematic."
Next to him, Lin Menghan put down his chopsticks and said unconvincedly:
"What could be wrong with me? There's no way I could have a problem!"
"I've mastered this stock trading method after carefully studying several famous stock trading books. Could it be that you're better than them?"
As she spoke, she unconsciously raised her brows and looked cold, with a chilling aura unconsciously emanating from her in all directions.
Seeing that the atmosphere was becoming awkward again, Zhao Xinyue wanted to speak up to smooth things over.
Li Feng stopped her and said firmly: "Reporter Lin, there is definitely something wrong with your stock trading method!"
"If my prediction is correct, your first criterion for stock selection is to look at the stock's pattern, especially the weekly pattern!"
Lin Menghan was shocked and asked, "How did you know?"
Li Feng ignored him and continued, "Not only that, the first principle of your stock trading is to take profits and stop losses. Of course, the market has been bad recently, and you are only stopping losses and have not had the opportunity to take profits."
"Is there a problem with this?" Lin Menghan calmed down and asked back.
Stop loss is a necessary skill for every stock investor.
It can greatly reduce investment losses and prevent small losses from becoming big losses, and big losses from becoming huge losses.
This has become a commonly accepted method among stock investors.
Could it be that Li Feng would reject even this common sense, this battle-tested method?
It's a joke.
Similarly, taking profits is also an old method passed down by word of mouth among stock investors, and it is a good method.
Simply put, after making a profit, sell in batches to cut losses and let profits run.
Is this also a problem?
Lin Menghan looked at Li Feng's aggressive expression and felt a little uneasy. However, after taking a deep breath, she regained her composure and said, "Reporter Li, please elaborate. I'm all ears."
Li Feng glanced at Lin Menghan and knew that she was still not convinced.
Veteran stock investors have been through many battles, and their operating ideas, like their own personality, are difficult to change.
However, the market is ever-changing.
As a stock investor, you can only survive in this market by constantly changing yourself, adapting to the market, and evolving.
Lin Menghan is no exception.
Failure to evolve is a dead end.
Li Feng put down his chopsticks and looked at the boiling hot pot, just like watching the ever-changing stock market, and said carefully:
"Reporter Lin, when we invest, we're investing tens of thousands of yuan, which is equivalent to several years' salary. We absolutely cannot be careless."
"Just like finding a partner, you can't just invest your hard-earned money in someone just because they have a good-looking appearance and a good trend."
"You have to examine this person's character, you have to investigate this person's education, you have to look at this person's work, you even have to look at this person's parents, siblings..."
"It's the same with stock trading. Besides the K-line trend, you have to look at the industry the stock is in, whether it's booming or depressed; you have to look at the stock's fundamentals, whether it's a top performer or a struggling loser; you also have to look at the stock's management, its past performance, and the overall market trend..."
"After screening through all these conditions and requirements, there may only be dozens or even a dozen stocks that meet the requirements out of the thousands of stocks in the entire market."
"Stock investment is truly one in a thousand, not like a blind date, but better than a blind date."
Li Feng told the story slowly.
Zhao Xinyue listened attentively, and with a light tap of her jade finger, she adjusted the induction cooker to 800W and cooked slowly.
Lin Menghan was completely confused.
Different fields are like different worlds. She used to be a staunch technical person who only looked at the K-line and firmly believed that the K-line represented everything. However, she did not expect that Li Feng opened another window and another door for her.
It allowed her to see a different view.
Unconsciously, a look of contemplation and yearning appeared in Lin Menghan's eyes.
Li Feng didn't interrupt her and continued to give her some pointers: "Let's talk about the Yijing Optoelectronics you chose."
"Judging from the K-line and technical indicators, your choice is correct."
"But look ahead a few years and see what happened?" Li Feng said, and simply brought over the laptop, turned it on, called up the K-line chart of Yijing Optoelectronics, and pointed at it.