After hearing the plan to sell the moon, Xing Baohua immediately lost interest, quietly said goodbye to Woz, and returned.
This trip has broadened my horizons and I've learned a lot; there are so many scams out there.
Of course, these are all basic tricks; the advanced ones are impossible to defend against.
At the end of June, Suya arrived in the Kingdom of Da Meizi.
Xing Baohua personally went to the airport to pick them up. They stayed in Los Angeles for two nights, toured Hollywood, and then took his young wife to see the Western world.
What Grand Canyon! What Las Vegas! What Statue of Liberty? I just ate some Boston lobster.
After spending half a month there, Xing Baohua took Su Ya back to Hong Kong.
Yu Shenghai called Xing Baohua to come back.
The reason was the stock market boom, rising every day. Xing Baohua had previously asked his employees to invest, and basically everyone in the company did, along with some relatives and friends.
This time the price really surged, so I came to ask the finance department when to sell, because money is only real money when it's in your pocket.
The money is still in the stock market; no matter how high it goes, it's not yours. What if it crashes? You'll lose everything.
People came to the company every day, making it look like a vegetable market. Later, the company posted a notice that non-company personnel were not allowed to enter, and they hired security guards to stand guard at the entrance.
Everyone in the building wanted to know at what price point Xing Baohua would sell his goods.
The traders in the financial sector hadn't received any instructions, so how could they dare to sell? They all claimed to know nothing.
Xing Baohua's huge orders at low prices have all turned a profit, quadrupling in value, which is truly worrying to see.
The most profitable investment wasn't stocks, but Xing Baohua's 20x leverage. Although it quadrupled the return, it significantly increased his risk tolerance.
If we were to clear out the inventory now, it would be worth at least four or five hundred million US dollars. In less than two months, that's faster than robbing a bank.
Experts have come out to analyze that Xing Baohua's actions were like a newborn calf not afraid of tigers, a reckless gambler.
He was lucky and won.
Everyone was pessimistic about him at first, saying that he was giving money away to Hong Kong stock investors, which caused a lot of people to hype up the stock market.
This phenomenon isn't some kind of scheme or pre-planned move; it's all caused by his reckless actions. The stock market will cool down further, and if he exited now, he would have made four or five times his initial investment.
If he still clings to the idea that the stock market will continue to rise, once everyone calms down and the hype dies down, his stocks will inevitably plummet! Be careful, it's better to lose with him. Those who have made a profit should quickly take their profits and run.
Some people couldn't hold back and ran away as soon as they saw a profit.
This is actually a psychological tactic. After you make some money, they trick you into selling it quickly so you can pocket the money.
Those institutions and market manipulators have a long-term vision. To maximize their profits, they trick retail investors into selling their shares, which they then buy.
When many investors see the stock market continuing to rise, and are swayed by certain experts or by information about fundamentals and news, feeling that it will rise even further, they take their profits and rush back in.
During periods of sharp rises or falls, short-term trading in one direction, with quick in-and-out trades, can still be profitable.
The worst thing is holding onto those shares and waiting for a period of time, only to sell them when the price drops and adjusts, in order to increase your turnover rate.
Those who frequently watch the market will know that during a sharp rise, a misleading bullish or bearish candlestick often appears, and the closing price will fall back to the opening price, thus forming a doji or cross.
If the price doesn't rise the next day and instead forms a bearish candlestick, don't even think about it; a downtrend has begun, and a bearish evening star pattern has formed.
Technical charts are something that frequent users will look at.
By combining this information with the moving averages over several days, and considering whether they are in an open or closed pattern, one can predict the next upward trend.
Eighty percent of people who believe in technical charts are misled. Whether it's technical charts or lines, they're all hindsight predictions.
They already anticipated your prediction.
Everyone knows how that thing works, and how the bookmakers and institutions make money.
Those people will set up a trap, providing you with all the fundamentals, news, technical charts, etc., to create a false impression, so that when you're all smug and think you've figured it out...
It will definitely give you a 180-degree turn. That's how retail investors are fleeced. Those who suffer the most are the ones who know how to read charts and analyze fundamental news.
Often, people who know nothing about the market sell when prices rise and immediately liquidate their positions when prices fall, and might even make a profit in the end.
More often, it's those who hold on tightly to stocks that are falling, and then sell as soon as they rise a little. Over the years, with stock splits and dividends, they can actually make a profit if they hold on for several years.
The employees at HK Haina headquarters were relatively obedient and did not go out with the group, intending to stick with the company through thick and thin, since the company has an expert team inside.
Hoping to make even more money, Xing Baohua bought a dozen or so stocks that all showed signs of decline, which scared the followers into selling off their shares immediately.
Some even complained that they had made more than three times their initial investment at the peak, but now they're only making twice as much. They regretted not selling when the signal came first, saying they would have made even more.
Just when everyone thought the market would continue to fall, those dozen or so stocks rebounded and started to rise again.
The daily fluctuations are around 13%-35% growth. It's not a huge surge, just a slow and steady upward climb.
For three consecutive days, the market rose for three days straight. Everyone was prepared to wait for a slight pullback before buying in, but it continued to rise.
They've all gone back up.
If you buy in at the same time, wouldn't that mean you've bought at the peak?
Many intelligent people have turned their attention to Hainan Holdings. Ordinary people can't enter the building, but people from other companies inside can find Hainan Holdings.
Now, employees of Hainan Holdings are highly sought after.
People are buying information with money, exchanging sex for information—all sorts of methods are emerging one after another.
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
Continue read on readnovelmtl.com
