Chapter 14 Position Management
"Dongpeng, what's the matter?" Editor-in-chief Yang Jianwen raised his head and asked.
He is in his fifties, dressed in casual clothes and wearing glasses. He has been working in a newspaper for more than ten years and has a wide circle of friends.
"Oh, it's Li Feng recommended by Editor-in-Chief Jia. He wrote a manuscript and would like you to take a look at it." As he said that, Song Dongpeng handed over the manuscript.
"Oh? Li Feng, a reporter from the in-depth reporting team of S City Metropolitan News? I have to appreciate this," Yang Jianwen took the paper and carefully examined it.
"The article is well written, worthy of being an in-depth reporter."
"But the index soared 3.70% today," Song Dongpeng reminded, "and if you write a title like this, you will probably be scolded by investors."
"oh?"
Yang Jianwen took out a cigarette and Song Dongpeng hurried forward to help light it.
"It seems you didn't read the manuscript carefully. The stock market trend is unstoppable. Those who follow it will prosper, while those who go against it will perish. Well said, very well!"
"This manuscript must be published."
"What if 2000 points is not broken?" Song Dongpeng was a little worried.
"It didn't break? If it didn't break, the stockholders would be so happy, who would scold you? If it broke, the stockholders could scold you, but they would definitely pay attention to our newspaper in the future."
"Isn't this killing two birds with one stone?"
Yang Jianwen pointed out.
"So that's how it is." Song Dongpeng suddenly realized.
Monday, September 10th.
Li Feng's manuscript was successfully published in the newspaper and then uploaded to the Internet.
A burst of curses.
"Stupid newspaper, stupid commentators. The stock market is soaring, it's clearly a breakout and reversal, yet they insist on calling a horse a zebra, confusing cause and effect. Their hearts are damned!"
"Volume and price are aligned, the moving average has broken through, this is a typical Yang Dingtian trend, and you still have the audacity to say it will break through 2000 points?!"
"It is obvious that the main force is supporting the market and pushing it up. 2000 points is the iron bottom among the iron bottoms."
"A newspaper that doesn't understand shit, and commentators that don't understand shit."
"He's a ten-year veteran stock investor. I think he's made a killing out of it!"
“Yes, yes!”
"Agreed, drag him out and behead him!"
"Block this person, block this newspaper!"
Looking at these comments, Li Feng smiled.
As long as the bulls are bullish, the bears will not stop.
The fact that there are still so many people jumping around in the stock forum just shows that the index still has room to fall further.
The index has fallen below 2,000 points, there is no doubt about it!
In the office of City B TV Station.
Yao Jiu touched his bald head, looked at the K-line in front of him, and felt conflicted.
For three consecutive days, Yijin Optoelectronics pulled out a small positive line, and the price of one share rose by 40 cents.
"About 7%, the loss recovered is more than 2,000 yuan, half a month's salary."
"Sell it or not?"
He thought about Li Feng's words and hesitated.
At some point, Lin Menghan came to the office.
"Why haven't you sold this stock yet?"
She frowned and asked, "Didn't I tell you a long time ago? Stop loss if it breaks 6 yuan. Now you're stuck."
As she spoke, she secretly rejoiced in her heart.
Fortunately, I ran fast and stopped the loss decisively, so I didn't get hurt.
"Oh, Sister Lin, I happened to be busy that day and didn't check the market. As a result, when I saw the market close, it hit the limit down. I wanted to sell but couldn't. So I decided to hold on and see, and then it dropped to 4 yuan," Yao Jiu said regretfully. "Sister Lin, I bought this stock just because you did. What do you think we should do now?"
"Now?"
Lin Menghan bit her red lip, thought for a moment, then carefully examined the candlestick chart and said, "I suggest you hold on to it. Look, it's been adjusting at the bottom for over a month, and it even pulled out three small positive lines ahead of the broader market. This is the Red Three Soldiers trend."
"With the overall market in sync, individual stocks are also booming, so hold on!"
Lin Menghan affirmed.
"But...last Friday, Reporter Li told me to sell my stocks and buy index funds. And he just published an article today saying the market is going to break 2,000 points."
As Yao Jiu spoke, he took out a copy of City B Metropolitan Newspaper.
"Li Feng?!"
When Lin Menghan heard this name, the fire in her heart suddenly ignited.
Because of him, he hasn't been with Zhao Xinyue for more than a month.
Now, he even reached out to me.
How come Yao Jiu can be consulted?
Lin Menghan took the newspaper and paced gently. Her tight jeans made her long and beautiful legs look elegant and beautiful.
After a long while, she threw down the newspaper and sneered, "What nonsense!"
"Yao Jiu, this guy is a liar, don't trust him! If you sold last Friday, wouldn't that be selling at rock bottom? You know what the market is like right now, and Yijing Optoelectronics has already fallen to four yuan. How much lower can it go?"
"Believe me, it's a reversal, follow me and buy!"
As he said that, Lin Menghan invested all the remaining 70,000 yuan in his account into Yijin Optoelectronics.
Yao Jiu looked at it, hesitated, and stopped thinking about selling. He thought to himself:
"Sister Lin is also a veteran stock investor. She dared to buy all of her stocks for over 70,000 yuan. What are my few tens of thousands worth? I'll follow her!"
"snort!"
Lin Menghan's face was covered with frost. She looked in the distance in the direction of B City People's Hospital and said fiercely in her heart:
"Don't even think about escaping from my grasp!"
Time passes by every second.
After the Shanghai Composite Index closed with a small positive line on September 10, it adjusted for four days.
Monday, September 17th.
A big negative line of 2.14% broke through the platform and broke through 2100 points.
On the 18th and 19th, there were two more days of adjustments.
On the 20th, there was another big negative line of 2.08%, which fell to 2023 points.
In just nine days, the situation took a sharp turn for the worse, not only completely destroying the big bullish candlestick on the 17th, but also creating a new low for the index.
In the stock market, people were in panic and rumors were spreading.
In the forum, everyone was panicked and at a loss as to what to do.
Some people began to speculate on the points of 2000 points, 1900 points, 1800 points, and even 1700 points.
There were three more days of adjustments on the 21st, 24th and 25th.
On the 26th, a 1.24% negative line, with a "click", directly broke through 2000 points.
"purchase!"
Li Feng shouted and invested heavily in Minsheng Bank.
Cost price: 2.47 yuan.
"Will you wait no longer?"
Zhao Xinyue looked at the thrilling trend and asked.
“Don’t be afraid, but don’t be greedy either.”
Li Feng smiled and said, "When it comes to eating fish, let's just eat the body. The head and tail have less meat and are hard to chew, so let's leave it to others with better skills."
"If that's the case, why not buy them all? You can still have more than 20,000 yuan left?" Zhao Xinyue was puzzled.
"Position management,"
Li Feng explained, "You can't put all your eggs in one basket. Even the most promising investment opportunities can still encounter black swan events, so you can't invest all your money in one stock."
"This investment opportunity is indeed rare, but I only dare to invest 70% of my position, leaving the other 30% as a reserve."
"Buy some for me too." Zhao Xinyue was a little tempted and took out her cell phone to transfer money.
"You have such a stable job, why are you speculating in stocks?"
Li Feng disagreed, "Leave some money. We have a lot of things to spend money on, such as buying a house, buying a car, and having children..."
"Shame on you." Zhao Xinyue spat.
"It's the 21st century. We both agreed. Why should we be ashamed?"
Li Feng stood up and hugged Zhao Xinyue in his arms, saying, "Besides, the sages also said that food and sex are human nature..."
As he said that, he started to make moves.
Zhao Xinyue resisted a few times, but couldn't stop it, and collapsed limply in his arms.
Suddenly, a phone call came in.
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