Chapter 20 The Desire to Trade
Major domestic banks, securities, insurance and other financial institutions are located near the Financial Pedestrian Street.
Money flows silently here.
Wealth gathers here silently.
This is the most prosperous and busiest area in S City.
Li Feng and Zhao Xinyue took a taxi, but before they arrived, they got stuck in traffic.
Seeing that they were only one stop away from their destination, the two simply got off the bus and walked there.
"Asset appraisal, do you need a bridge loan?"
"Do you need company registration, small loans, or no-credit mortgages?"
"Do you need help with mortgage loans, car loans, and company loans?"
"Free processing of credit cards from major banks, POS machine agents..."
Along the way, people handed over business cards from time to time, promoting various financial services.
In recent years, although the central bank has repeatedly cut interest rates, loans are still relatively tight.
Private interest rates remain at around 10% or even 15%.
This has led to the existence of various financial intermediaries.
"arrive."
The two walked and chatted for half a minute, and then stopped in front of the B City business department of Changzheng Securities.
This brokerage firm has business operations across the country and is very strong.
It has been settled in City B for seven years.
"What business do you need?"
The girl at the front desk stood up with a smile.
The market has been bad recently, she gets scolded every day, and the business hall is deserted. She is very happy to see someone coming to handle business.
"Open an account."
Zhao Xinyue took out her ID card.
"Oh, please sit here and fill out the form. I'll go make a copy of your ID card..."
The salesgirl was wearing work clothes, with the name Liu Ying written on her name badge. She moved around very efficiently.
It only took a dozen minutes to help Zhao Xinyue open the account.
"How much is the commission?" Li Feng asked.
"Twelve thousand." Liu Ying glanced at Li Feng and knew that he was an old stock investor.
"Qianyi, I'll open an account too." Li Feng said.
The commission war among securities firms across the country has intensified recently, from 1,300 or 1,200 in previous years to around 1,100.
Li Feng’s old customer still gets a commission of 1,300 yuan.
Now that we have the wool, we would be in vain if we don’t grab it.
"Uh... okay." Liu Ying pondered for a moment and agreed.
The market has been sluggish recently, so if there are customers coming, we’ll grab as many as we can.
As for the commission,
As long as investors trade, they have to pay fees every time.
Instead of handing it over to other brokerage firms, it is better to take the business into your own arms and put the results into your own pocket.
Liu Ying took Li Feng's ID card and quickly opened another account. Feeling very happy, she took out her phone and said, "Brother, sister, add me on WeChat. I'll adjust your commission later."
"drop--"
After scanning the QR code, WeChat friends can communicate with each other.
Then, Liu Ying smiled slightly and pulled the two of them into a WeChat group.
The name of the group is "Liu Ying Changzheng Securities Customer Group".
This is a group she created specifically to maintain her clientele. In addition to chatting about the stock market, she also sends brokerage research reports to liven up the atmosphere.
Improve customer stickiness.
After all, veteran stock investors often open more than one account.
Only by providing good service can you win the hearts of your customers.
Zhao Xinyue did not leave. She found a chair to sit down, downloaded an APP and started studying how to trade stocks.
Li Feng was guiding from the side.
"Here, bind your bank card, transfer funds here, click here to buy, then enter the stock code here, enter the purchase quantity here, and finally click OK."
Li Feng was familiar with the route and gave instructions.
Zhao Xinyue frowned as she studied.
"Then I'll buy it..."
Zhao Xinyue entered the code for Qinling Cement and was about to press confirm.
I only heard a noisy sound coming from the business hall next to me, and it turned out to be the opening of the stock market.
"Rising, rising, rising...ah..."
"Rising, rising...ah..."
"Alas, you are such a disappointing index..."
She turned her head and saw five or six stock investors looking up and sighing at the LED display hanging from the ceiling.
The display screen shows the K-line chart of the Shanghai Composite Index.
At the opening today, the Shanghai Composite Index opened one point lower at 2003 points.
After that, it kept moving back and forth around this point.
Sometimes it rose by one point, and sometimes it quickly fell half a point, heading towards 2000 points, which was terrifying to watch.
The shareholders around were also shouting and yelling.
"Should we wait a little longer?" Zhao Xinyue hesitated. "Didn't you say the index would break 2,000 points? I'd better wait until it does before buying."
"purchase!"
Li Feng made the final decision, saying, "The stock market is like a battlefield. Once a plan is set, it must be executed unwaveringly. Indecision is unacceptable."
"Besides, you only bought 100 shares. Even if you lose money, it won't hurt you much."
After hearing this, Zhao Xinyue looked at the group of sighing shareholders and made up her mind to buy 100 shares.
Strangely enough, after she finished shopping, she felt relieved.
But soon, she found that her heart was hanging on the constantly changing K-line chart.
When the K-line rises, she feels happy; when the K-line falls, she feels sad.
"Oh... I should have bought it a few days ago. Look, the market adjusted a few days ago, but it kept rising. I missed more than ten points." Zhao Xinyue looked at the K-line chart of Qinling Cement and felt regretful.
She silently calculated: "A dozen points, if I buy all 20,000 yuan, I can make 3,000 yuan right? That's equivalent to my monthly salary."
Li Feng smiled and said, "You are not a god, nor a banker, how do you know it will rise?"
"The K-line only represents the stock's past; the future determines the stock's success or failure."
Zhao Xinyue still felt a little regretful, and said confidently:
"Can't we predict the market based on K-line trends? Don't you also use K-line charts to trade stocks? There are so many books on stock trading out there, you can't just say they're all scams, right?"
"K-line trends can indeed reflect some of the characteristics of stocks. The longer the K-line, the more accurate the trend. However, it is too mysterious to predict short-term market trends."
Li Feng frowned and explained, "Because, in this market, there are too many unpredictable things in a short period of time."
"Humans can have ten or so ideas in a second. Stock investors, through training, can make ten or so judgments in a minute. This all affects the K-line trend, not to mention the deliberate manipulation by market makers."
“So, we need to observe the K-line, but we can’t be superstitious.”
"In everything, we must have a bottom-line mindset and be fully prepared."
"For example, if you buy Qinling Cement at a relatively low point, even if the market makers don't help, or worse, if there are no market makers, you should be able to get out of it if the market performs well."
Zhao Xinyue was confused, so she simply asked, "Now that we've bought it, what's the next step?"
"Wait." Li Feng said.
"Wait again?" Zhao Xinyue clutched her phone, feeling disappointed.
She felt like she couldn't wait any longer.
Just like a gambler, he came to the gambling table with chips, watching others place bets, and he couldn't help himself.
"Be patient,"
Li Feng patted her shoulder and advised, "A little impatience can ruin a big plan. The biggest advantage we retail investors have is time. We can endure it and we can afford it."
After hearing this, Zhao Xinyue knew that what Li Feng said was right.
But I can't control my own heart.
She felt a surge of desire within her.
It was as if a voice was shouting: "Go trade, go make money, go prove yourself!"
Beside her, Liu Ying smiled, silently handed over a magazine, and said:
"This is our company's internal publication, you can refer to it."
"Thank you!" Li Feng took it and threw it aside.
Zhao Xinyue was displeased, gave Li Feng a blank look, took it and looked at it, and was fascinated by it.
There is a huge variety of information in it, covering a wide range of categories, some of which I have heard of and some of which I have not. It is far richer and more exciting than what is on the Internet.
Li Feng stood by helplessly.
He knew that the brokerage firm had begun bombarding new clients with information.
Every piece of information that bombards the customer's mind will trigger a thought; every piece of news that is read by the customer will lead to his or her own conclusion.
As long as the information bombardment is enough and long enough.
Sooner or later, the client will make a decision to trade.
As long as a transaction is made, the brokerage firm will receive a commission.
Whether right or wrong.
Guaranteed profit.
Zhao Xinyue read one book and then picked up another. Before she knew it, it was noon.
"It's noon, time to eat." Li Feng urged.
"Well, can you give me two?" Zhao Xinyue felt a little unsatisfied.
"Sure, take whatever you want." Liu Ying said with a smile.
"Thank you, sister..."
Li Feng wanted to say something, but after thinking about it, he gave up.
Every new stock investor will experience this period of thirst for information.
Instead of intervening yourself, it is better to let this time come earlier and pass faster.
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