Back to 1978: Getting rich starts with treasure hunting

Chapter 289: Torture Enough

"In China, I made more than 10,000 yuan in two years, and I was very proud of myself every day. Since I learned about the money you made in the past few days yesterday, I feel like a frog in a well. Hundreds of thousands of US dollars are simply an astronomical figure for me."

Deng Jiaming opened an account yesterday. He was excited all night and got up early today to go to the exchange with Gu Jiu and others.

After entering the exchange hall, he began to reflect on himself in front of Gu Jiu and his wife while waiting for the market to open.

However, Gu Jiu and Lin Shu were not interested in Deng Jiaming's self-reflection. As the trading was about to start, they were more interested in the bidding before the trading started.

"The stock we bought yesterday reached its daily limit yesterday. Will it reach its daily limit right after opening today?"

Lin Shu was asking this to Gu Jiu, but actually he was also asking to Dabao.

Gu Jiu didn't know much about stocks. He had been hanging around in the stock exchange these days and could only understand the basic operations. He lowered his head and asked Dabao, "What do you think?"

"This stock is not far from going bankrupt. We sold it today as soon as it opened."

Sometimes in the stock market, it is easy to make money as long as you are not greedy.

Of course, there are risks involved as well, and he can only make so much money easily from a God's perspective.

Just like in his previous life, he had been up and down in the stock market for decades, but when he really counted the money, he still lost some money.

Last night, Dabao searched for this month's hot stock on his computer. In the coming days, he plans to track this stock with his entire position.

If you can buy stocks that hit the daily limit every day, maybe if it happens a few times it will attract the attention of the higher-ups. In order to safely bring the money you earn back, it is better to keep a low profile.

"Gu Jiu, why did you sell this stock? I heard that stocks that hit the daily limit will most likely hit the daily limit again the next day. Even if they don't hit the daily limit, the stock trend will still go up."

Deng Jiaming opened his account yesterday, but when he actually arrived at the trading hall he felt at a loss as to where to start. He didn’t know which stock to buy.

After walking around the hall, I wanted to come over and ask them about the stock code of yesterday, but I didn't want to see that they asked the traders to sell the stock.

What a pity.

"There are not so many whys in the stock market. There is no regularity in the stock market trends." Gu Jiu pushed him away and stopped him from getting close to his wife.

As soon as the stocks were sold, Gu Jiu and Lin Shu wandered around the hall holding their two children. As for the next stocks to buy, it was not time yet.

"Ms. Lin, Mr. Gu, I have also sold mine. Now I am short just like you. Which one should I buy next?" Peter squeezed out of the crowd and walked over quickly.

"Let's wait and see." Lin Shu meant that he didn't have any promising stocks and would rather keep the position empty than invest randomly.

Peter nodded and began to study it as well.

Deng Jiaming didn't understand anything and could only follow them and look around boredly.

"Ms. Lin, you see this stock has increased in volume today, how about we buy it today?" Peter selected a stock with more potential and came over to ask Lin Shu.

Lin Shu glanced at the K-line chart. Actually, she couldn't understand it, but the stock Peter chose was a coincidence. It was the one that Dabao had his eyes on and was planning to buy today.

I’m not entering the market now because I want to wait until today’s lowest price to enter the market.

"Peter, you have a unique vision. You picked a potential stock at random. In this case, let's buy it today."

Lin Shu took advantage of the situation and finalized the stocks to buy today.

At around ten o'clock, the stock fell to its lowest point, and several people bought half of their positions.

At two o'clock in the afternoon, the stock fell to its lowest point again, one point lower than the lowest point in the morning. This time, Lin Shu directly invested all his remaining positions.

Peter also followed suit and bought all the stocks.

Finally, the few people did not see Deng Jiaming adding to his position, and Lin Shu asked in confusion: "Deng Jiaming, you are not adding to your position?"

Deng Jiaming scratched his head and chuckled, "I followed you guys in the morning and only bought half of the stock. Later, I was bored and heard others say that another stock would rise tomorrow, so I followed them and bought another stock."

Lin Shu didn't care much.

Peter was very curious about which one he bought, but when he learned the stock code from him, Peter kept silent.

how to say?

Peter thinks this stock is a bit shaky tomorrow.

After all the positions were filled, Gu Jiu and Lin Shu felt that there was nothing to do in staying in the trading hall, so they said goodbye to Peter and went back to the hotel.

Deng Jiaming also wanted to follow him back, but Lin Shu turned around and asked, "Aren't you keeping an eye on your stock?"

"There's no point in watching. The stocks I bought can't be traded today."

Lin Shu nodded, that was indeed the case.

In the next few days, Gu Jiu's family of four did not appear in the trading hall.

The computer I bought last time can still be of some use. I can check the stock situation in the hotel. If the situation develops as expected, there is no need to keep an eye on it every day.

These days, Gu Jiu took his wife and children to visit several major attractions in New York, go shopping, and take a cruise to enjoy the night view. They had a great time every day.

"Gu Jiu."

"Brother Cui."

When I returned to the hotel in the evening, I unexpectedly ran into Cui Ji'an who had just returned from leading a tour group in the lobby.

Cui Ji'an looked at the family of four and saw that they were carrying a lot of things. He asked with a smile: "Did you go out to play today?"

"Well, I went out for a walk. Brother Cui, what are you doing?" Gu Jiu glanced at the team that followed in from behind.

Cui Ji'an pushed the frame of his glasses and said, "I went to a meeting this afternoon. I was busy after dinner and only came back now."

Gu Jiu said "oh" softly, and greeted the team members who passed by with a smile.

"I haven't seen you these past few days, so I'm here to tell you that we're almost done with our work here. We have to attend an event in a few days, so we have to go back in a week at the latest."

Cui Ji'an glanced at Lin Shu and the two children and told him, "If you have anything to do, try to get it done as soon as possible. I'll notify you after I book the tickets. Also, we don't have the authority to go up to your suite, so I'll have the front desk notify you then."

Gu Jiu nodded and thanked him. The two chatted for a while and then went back to their rooms.

"You all heard what Cui Ji'an said just now. We will be going back in a few days. No matter how much we earn, we must sell the stocks and transfer the money before we go back."

Having said that, Gu Jiu went to check whether the time of his return would conflict with holidays.

Stocks must be processed in advance.

Lin Shu looked at Dabao, "Son, what should we do? If we do as you say, it seems that we won't make more than one million."

Moreover, the stocks I have held in the past few days have risen and fallen, but they are generally rising. This kind of stock makes money more slowly than stocks that have hit the daily limit.

"We've had enough fun these past few days. We'll be tanks starting tomorrow."

The so-called T-doing means not holding stocks for a long time, but keeping a close eye on the stock market, buying low and selling high, and trying to make the most of the stock market.

Compound interest strives to earn a little more in a limited time.

Doing T is easy when a certain stock rises overall. As long as the number of stocks sold or bought every day remains the same, the profit will be maximized.

The next day, after having breakfast in the room, I came out of the hotel and met Deng Jiaming who was trying to stop a taxi.

He was yawning, looking sleepy and listless.

"What's wrong with you? Did you steal last night?" Gu Jiu pushed him to the passenger seat at the front door of the car.

Then, he opened the back door and let Lin Shu sit in with Dabao in his arms.

After not seeing him for a few days, his dark circles are as dark as those of the national treasure.

Deng Jiaming was pushed and wanted to get angry, but after hearing Gu Jiu's voice, he turned around in surprise: "Where have you been these days?"

He thought they had returned home without telling him. Later, when he asked Peter, he found out that the stocks in their accounts were still there and it was impossible for them to just leave them there and return home.

"I had a great time here for a few days and picked out a lot of gifts for my family."

"When will you go back?"

"You'll know when we get back." Gu Jiu heard the driver urging him and got on the car first.

Deng Jiaming opened the car door and quickly sat in the passenger seat. He turned around and asked, "You have hundreds of thousands of dollars in the stock market. Aren't you really worried about losing money?"

Gu Jiu asked with a half-smile: "Did you lose money?"

Deng Jiaming choked: "It's the same as yours."

"That's it." Gu Jiu raised his eyebrows proudly.

Deng Jiaming looked out the window, too embarrassed to look at the back seat, but thinking that they would have no time to chat once they entered the trading hall, he hesitated for a moment before speaking.

"The one I bought randomly has been falling in the past few days. What should I do now?"

Lin Shu asked incredulously: "How come you didn't know to sell it after the stock price fell for a few days?"

Even a fool would know to turn back when he saw that the situation was not right. Why didn't he know to sell it?

Deng Jiaming rubbed his brows, and felt a headache just thinking about the check: "I always thought that if the price dropped today, it might rise tomorrow, so I never cleared my position..." As a result, I was stuck.

Lin Shu understood that he was unwilling to accept the loss and wanted to win it back. However, he got deeper and deeper into trouble.

I heard from my son in my previous life that stock investors have a common problem.

It can withstand the decline, but cannot withstand the rise.

When the price dropped, I held on with gritted teeth; when the price started to rise, I couldn't help but sell in advance.

As a result, the price continued to rise after I sold it.

Lin Shu heard Dabao talk about how to deal with this situation, "So overall, have you made a profit or a loss in the past few days?"

"I lost a little." At this moment, Deng Jiaming finally believed what his uncle said. The capital market is a bottomless pit. "What should I do now to get my money back?"

"There are two ways."

"What method?" Deng Jiaming turned around excitedly and stared at Lin Shu with anticipation.

It seemed that Lin Shu was the straw that could save his life from drowning.

"Either sell all your stocks and stop losses in time."

When Deng Jiaming heard this solution, he shook his head without even considering it. "That's all my hard-earned money. I'm not willing to give it to the capital market here. What's the other solution?"

Gu Jiu looked down at the top of Dabao's head in his arms and said with a smile, "That means you have to be patient and do T every day, and slowly make back your capital."

"Do T?" Deng Jiaming, a stock market novice, couldn't understand such professional terms.

Lin Shu explained: "It means buying low and selling high, slowly bringing down the unit price, and slowly earning back the principal. However, this requires a lot of patience, and it takes a long time to do it."

You will know the specific operation after you go to the trading hall and practice it.

If it were Lin Shu himself, he would definitely liquidate his positions directly and stop losses in time, and use the remaining capital to buy stocks that have reached the daily limit, and he would be able to make back the lost money quickly.

Of course, without a God’s perspective, if you don’t want to lose your capital, you can only slowly do T to make your capital back.

However, their time in New York is limited, and it is actually difficult to recoup all the investment through this step.

If the opportunity is good and the stock price rises sharply, you can get your money back quickly. If the stock price keeps falling or the increase is not large, it will take a long time to make up for it.

When I arrived at the New York Stock Exchange, I checked my total assets and found that they were $430,000.

If it were an ordinary person, earning 430,000 yuan from 100,000 yuan within ten days would be a very proud achievement.

But Gu Jiu's family of four were not satisfied.

The time we have here is limited, so we'd better get as much as we can when we return.

When the market opened and the stock price reached its highest point, Lin Shu asked traders to clear three-tenths of their positions.

Then take this one hundred thousand yuan and invest it in stocks that will hit the daily limit today.

Peter and Deng Jiaming watched their operations and were confused.

"Ms. Lin, this stock has been going up all the way, why did you clear out 30% of your position?"

"Yes, since you have sold 30% of your position, should I follow suit?"

Peter and Deng Jiaming didn’t know what to do. Should they follow or not?

Deng Jiaming had greasy hair and dull eyes, looking like someone who had been ravaged a thousand times. Lin Shu, for the sake of his fellow countrymen, reminded him, "Sell your falling stock and follow me to buy this one. You may make back your lost capital in a day or two."

Lin Shu spoke too quickly and Peter didn't quite hear what she meant.

He looked at Deng Jiaming with a confused look on his face.

Deng Jiaming thought of Lin Shu's current total assets, gritted his teeth and asked the trader to sell out the losing stocks.

Then, buy all the stocks recommended by Lin Shu. Whether you can make your money back depends on tomorrow.

As a result, without waiting until tomorrow, the stock rose rapidly in the afternoon and hit the daily limit.

But it caught everyone off guard.

Seeing that the profit situation turned red in just half a day, Deng Jiaming just wanted to laugh out loud.

“Haha…this is so cool.”

It seemed that all the depression that had tortured me in the past few days was released at this moment.

Seeing him laughing so crazily, Gu Jiu really wanted to step forward and kick him away to prevent them from becoming the focus of everyone's attention.

Deng Jiaming laughed until tears came out. He wiped his eyes and smiled again: "I'm sorry, I made you laugh."

After coming here and seeing the prosperity here, he realized that the money he had was too little and he was still a poor boy here.

After two years of hard work, he finally made some money, but he invested the liquid funds in the stock market. As a result, he made money on one stock and lost money on another.

Ultimately, total assets are shrinking.

But he was heartbroken.

It's conceivable that these days, the stock market has tortured him so much that he is almost on the verge of a mental breakdown.

Now I have made back the money I lost at such a fast speed, it feels like a dream, how can I not be excited?

Now that the principal he lost has been recovered, the money he earned from the other stock in the past few days is equivalent to the increase in his total assets.

"How much did you earn?" Lin Shu was curious about how much money it took to torture the boy so badly.

"I lost about $2,000 at the beginning, but now I have made back my investment and earned $500."

Five hundred US dollars is only a few thousand yuan when converted into RMB. Deng Jiaming has never lacked food and clothing since childhood. Given his family background, would he still care about these few thousand yuan?

Lin Shu suspected that Deng Jiaming's psychological endurance was too weak.

"Stop crying and laughing there. You're bringing shame upon the country. Go away quickly. You'll treat us to dinner tonight." Gu Jiu pushed him with disdain.

He doesn't want to be treated like a monkey by others.