Chapter 266: Even Selling Low and Buying Low Can Make Money

"President Chen, the stock price of China Software has risen to seven yuan five jiao nine fen, more than double what it was before. Do you think there is still room for further appreciation?"

Not long after the Tuesday stock market call auction ended, Qi Yunxiang called Chen Yang. His voice was excited and tense, with a hint of worry.

Chen Yang actually understood what Qi Yunxiang meant. On the surface he was asking whether there was still room for appreciation, but in his mind he was thinking about when to exit and secure his profits.

"President Qi, if you think the current profit is enough, you can go discuss a withdrawal plan with President Ye and the others."

"Will President Ye and the others agree?" Seeing that Chen Yang did not oppose his withdrawal, Qi Yunxiang felt reassured.

Chen Yang said: "Money is endless to make; as long as you honestly express your thoughts, President Ye will also understand this principle."

Upon hearing this, Qi Yunxiang finally felt relieved and hung up the phone.

Chen Yang could imagine that once Qi Yunxiang and Yexin had worked out a withdrawal plan, the China Software forum would be filled with wailing.

However, Chen Yang had already given the advice he should give, and he had also sent them a withdrawal signal through his actions. At this point, even if someone cried bitterly, it would not deserve sympathy.

And just as he had expected, after Yexin and Qi Yunxiang finished their discussion, the limit-up board of China Software was lifted. Then the stock price kept sliding down, and it finally hit the limit-down.

"Damn it, the hot money of Xingcheng Securities is inhuman! They cleared out their holdings in one go!!!"

"Those upstairs had it coming; I advised you to leave early, but you wouldn't listen. Now regretting is useless."

"You turtle, shut your mouth for me!"

"Don't get angry, those upstairs. Yesterday Xingcheng Securities already released a sell signal; it's your own greed that's lacking. Really, you can't blame others."

"Ah, good thing I sold yesterday. I escaped disaster!"

"Wuwuwu, family members, I need comfort! Today I went all-in, and my assets directly shrunk by twenty percent. I really want to die......"

"Hang in there, those upstairs. There are many people worse off than you here. As long as you persist and don't give up, there will be a day to break even."

"Right, everyone hold on. China Software is basically a state-owned enterprise; as long as it doesn't get delisted, we will have a day to break even."

"Everyone, keep going!"

Chen Yang still admired these people's mindset. If they could truly hold onto their stocks without letting go, breaking even would indeed just be a matter of time for them.

As someone who has been through this, Chen Yang felt that few people can endure. Most will abandon their shares and leave due to anxiety over gains and losses.

After all, in this psychological battle, retail investors are like open hands. Only when they have mostly discarded their chips will capital choose to push the stock price up.

Chen Yang used not to understand this either. Only after becoming capital himself did he realize that most retail investors are destined to be the 'leeches' (i. e., fodder).

In a stock, the right to speak always lies with the side holding the most chips. They can make the price rise if they want, or fall if they want.

The key is, no matter how they operate, they always have a profit.

For example, this stock of Xingcheng Heavy Industry: Chen Yang bought ten million shares yesterday, but the price only rose to eighteen yuan three jiao.

Today's opening saw another gap up of one point, making the price eighteen yuan four jiao three fen.

Chen Yang started placing sell orders from this price level, and sold all ten million shares he held.

The average selling price was seventeen yuan seven jiao five fen, which is five fen lower than the cost price.

However, driven by Chen Yang's series of sell-offs, the stock price fell from eighteen yuan four jiao three fen to sixteen yuan eight jiao four fen, a drop of a full eight points from the opening price.

Then Chen Yang began slowly picking up orders, and before the morning session closed he bought back ten million shares.

This time the average price was seventeen yuan two jiao.

That is, Chen Yang earned a spread of five jiao five fen in this process, for a total profit of over 5,311,500 yuan.

Of course, many people would say they could also sell their shares in advance and buy them back after the price drops.

But they overlook one problem: the initiative always remains in capital's hands.

What retail investors consider a low position still has an even lower position in capital's view.

To avoid being swept up by capital, the best way is to follow it. Go wherever there are hot-theme stocks; as long as you're not greedy, you can basically make a profit.

"You little brat, we've already sold our China Software shares. What should we do next?"

"If it opens low tomorrow, buy it back again!"

"Don't screw us over, kid. The price has already doubled. Buying back now would still yield a profit?"

"If you think there's no profit, just rest for two days. Money is endless to make."

"Hmph, then why don't you rest?"

"I'm just playing around."

"I don't believe it. We also want to come in and play!"

"......"

Chen Yang just wanted to quietly hold a stock and do T-trading by himself, but Yexin wouldn't let him have his way.

After the afternoon opening, Xingcheng Heavy Industry's stock was heavily bought, and its price quickly hit the limit-up at twenty yuan one jiao three fen.

This result left Chen Yang quite speechless.

Meanwhile, the Xingcheng Heavy Industry stock forum was filled with cheers.

"Family members, I was wrong; I take back my earlier cursing of Xingcheng Securities' hot money."

"Haha, I said yesterday when they entered the market that this stock would definitely hit the limit-up. Some people didn't listen and even sold their shares cheaply this morning. Are you regretting it now?"

"Damn it, the hot money of Xingcheng Securities is shameless. Why not just push it up in the morning? They had to lure me out. Are you just short of my few shares?"

"Haha, those upstairs are so cute. Even mosquito meat is meat; capital will never give up any opportunity to harvest the leeches."

"Family members, do you think I should withdraw now, or wait until tomorrow morning to withdraw?"

"Those upstairs, you should still take profits when you're ahead. China Software's side has already been smashed down; following these hot money's habit, after a limit-up there will surely be chaos."

"Who knows, maybe China Software's side has already had several limit-ups and its price has doubled. We've only just started here; maybe we'll launch a rush toward thirty yuan......"

"Wake up, those upstairs. This stock, which started rebounding from six yuan, has already risen more than threefold. Moreover, after that failed attempt to hit thirty yuan, there are rarely any consecutive limit-ups anymore. Even if there are, they'll be smashed right away."

"Everyone should still listen to those upstairs' advice and take profits when ahead. I, for one, have already sold."

"You go ahead and sell! I'll still wait for tomorrow's limit-up to sell."

"......"

On the forum, everyone voiced their opinions, but Chen Yang was left with a headache.

Yexin and Qi Yunxiang's rapid assault completely threw off his plans. Now, if he wants to do T again tomorrow to earn some pocket money, it will be difficult.

Moreover, he had already made a run at China Software earlier. If he runs ahead again this time, he might well end up being blamed.

Chen Yang sighed helplessly, thinking that secretly trading stocks on his own was really hard!