Chapter 434 Harvesting韭菜 (韭菜 is a Chinese idiom meaning to exploit retail investors) in the stock market
By the time Lu Yi and his group returned to the New York Stock Exchange, it was almost the end of the trading day.
The trading hall was packed with people of all races, but they all had one thing in common: they were all staring intently at the data panel in the very center.
Seeing the serious and somber atmosphere, Ye Ran also quieted down and stared silently at the board in the middle.
As you can see, the curves on the data panel are very stable at the beginning, but the curves change more and more as time goes on.
Some stock prices suddenly plummeted before the market closed, while others experienced a sudden surge in the final moments before the close...
Ye Ran frowned as she looked at one of the stocks that was rising vertically.
Seeing her expression, Telt explained, "The reason for this kind of price surge is usually due to the execution of extremely large orders. In general, it's to create a chart pattern for the next day's shipment."
Upon hearing this, Ye Ran nodded thoughtfully.
Looking at the people around her, Ye Ran suddenly had more feelings.
Some of the surrounding shareholders were overjoyed, waving their certificates in celebration, while others looked ashen-faced, and some even burst into tears in front of everyone.
But the people around him seemed used to this scene, and no one even gave him a second glance.
Having seen this, Hans finally turned around, smiling, and said to them, "That's the allure of the stock market: it can turn someone who has nothing into a millionaire in an instant, and it can also turn a millionaire into nothing in an instant..."
For some, this is something to be wary of, but for others, it's an opportunity to rewrite their destiny—it all depends on your perspective…
Upon hearing this, Ye Ran suddenly chuckled, "Mr. Hans's example isn't very good. A person who has nothing wouldn't dare step into this hall."
Hans laughed, "That's right. It seems you all have some opinions about the stock market now."
You don't need to care about the expressions on the faces of those people below. All you need to know is that you are different from them.
You are the line on the data board, and they are just the people watching that line. No matter what, you will never lose out...
Upon hearing these words, everyone fell silent.
Sure enough, people in finance have no emotions; only profit matters!
After parting ways with Hans and his group, the group got into the car to go home.
In the car, Ye Ran was unusually quiet. Lu Yi patted her head and asked, "What's wrong?"
Ye Ran thought for a moment, "It's nothing, I just suddenly remembered an example the teacher gave in class before."
Before I got here, I didn't quite understand those words, but after arriving, I suddenly felt like I understood what they meant.
Lu Yi asked curiously, "What did you say?"
"It's a short story. In a village, there was a family that raised 100 hens."
One day, a merchant came to the village and said he wanted to buy them for 100 yuan each.
The villagers were overjoyed, because in the market, a hen would only cost twenty or thirty yuan at most.
So when the family saw that the price was so high, they immediately took out all 80 of their hens and sold them to the merchant. Afterwards, the farmer was overjoyed to have earned 8,000 yuan from the sale.
A week later, the businessman returned, this time offering to buy the hens for 500 yuan.
The farmer was overjoyed and sold the remaining 20 hens to him, earning another 10,000 yuan.
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