Chapter 371 Big Crash
September passed quickly, but for Cheng Daxiong, the entire September was extremely difficult.
On September 4th, the stock market opened. On this day, the stock market soared. The 400,000 funds he bought with borrowed money even earned more than 10,000 a day.
"Haha, sure enough, I have a lot of principal and earn a lot in the stock market." Cheng Daxiong was very excited.
In the past two months or so, he earned less than 30,000 in total, but now it is more than 10,000 a day.
"With three more days, I can even exceed the income of a summer vacation."
He was excited, but at this time he also felt a little regretful.
“I knew I would have borrowed so much money in the first place.”
Now is the time when the market is booming. During the "big bull market" period of A-shares, if his principal is still in the early 100,000 yuan before, it is estimated that the profit today will be at most 3,000, and it is impossible to exceed 10,000.
And if he had 400,000 at the beginning, then his income would already be more than 100,000!
"It's not too late!"
On the evening of the 4th, seeing the update of his income, Cheng Daxiong was even more excited, even thinking about whether he should borrow some more money to buy funds and continue to expand his income.
People’s hearts will never be satisfied. When earning 3,000, think about earning more than 5,000, and those who earn 5,000 think about earning more than 10,000.
Those who earn ten thousand think about earning twenty thousand, twenty thousand think about thirty thousand...
Finally, even if the annual income exceeds 10 million, there will be no satisfaction.
When running towards a better life, this little bit of dissatisfaction plays a big role and can make people more motivated.
But in some places, this dissatisfaction is enough to destroy a person.
On the 4th, he earned more than 10,000 yuan a day, which was an astronomical sum for Cheng Daxiong, who was from an ordinary family, and could even be said to be relatively poor.
His parents don't know how long it will take to save the money.
The excitement lasted until ten o'clock in the morning on the fifth.
A shares opened at 9:30 in the morning, and in the first half an hour it rushed to two o'clock, which ignited everyone's emotions.
"Haha, the big bull market is coming!"
"Yesterday, I earned 20,000 yuan, and today I can earn more than 20,000 yuan from this increase."
"The garage has been sold, let's run in."
…
One after another comments, there is obviously excitement, obviously everyone has made money.
Cheng Daxiong secretly looked at his mobile phone in class, his face was also full of excitement.
"Hey, Big Bear, why are you so happy?" Zhao Kanghao asked suspiciously.
"Hey, Brother Zhao, look." He showed Zhao Kanghao his phone.
"Wow, I have earned so much." Zhao Kanghao said in surprise when he saw Cheng Daxiong's income.
"That's right, Brother Zhao, now is the once-in-a-year bull market for A-shares. If you don't hurry up and get in the car now, it will be difficult to make money in the next few years." Cheng Daxiong said excitedly, quite like a stock market expert.
"Forget it, I don't know much about this." Zhao Kanghao shook his head.
He still has some knowledge of himself. Even if he makes money, he will only earn what he knows, and he will definitely stay away from the stock market.
Seeing that Zhao Kanghao was not interested, Cheng Daxiong didn't say much, and continued to read comments excitedly.
But after ten o'clock, the excitement on Cheng Daxiong's face disappeared a little, because the A-shares suddenly plunged, and two points jumped to one point in just a few minutes.
And this jump also cut half of Cheng Daxiong's expected profit.
This feeling is too uncomfortable, but according to his estimation, if the current points are maintained until the close, he can still earn 5,000.
But then the A-shares jumped up and down repeatedly, and at half past eleven, there were only 0.1 points left, barely maintaining the red.
And the total income of his funds is estimated to be less than 500, and two funds have already turned green.
Eating at noon, Cheng Daxiong didn't feel good. He couldn't bear to take his eyes off the phone, and kept scrolling through the comments.
"How did Little A dive into the water?"
"Experts have found the reason for the diving, and the outside world suddenly has a bad news."
"Don't worry, everyone. At this juncture, the decline is giving people a chance to get in the car! I bought less, and I hope that Little A will fall a little more."
A series of comments also gave Cheng Daxiong confidence, and he is looking forward to another rebound in A shares in the afternoon.
It was hard to wait for the market to open at a little bit, but the expected scenario did not happen. This time, A shares continued to jump sideways, and every time they jumped, they would drop a little.
When the market closed at 3 o'clock in the afternoon, it turned green by two points.
And Cheng Daxiong's fund is similar, with a loss of nearly 10,000 today!
From three points at the opening of the morning to minus two points at the close, and the estimated profit in his heart from more than 10,000 to minus 10,000, Cheng Daxiong completely experienced the feeling of being a roller coaster.
"Why is there a big bearish outside? Otherwise, I will definitely be able to go up today!"
He couldn't help cursing in his heart.
Yesterday’s earnings dropped by more than half.
Although he lost 10,000 yuan, in his heart, he lost 20,000 yuan today!
"Add positions, increase positions!"
"If you are falling now, you are going backwards. If you don't increase your position, you will have no chance!"
Cheng Daxiong cursed in his heart, but continued to look at the comment area. At this time, many people in the comment area were still very optimistic, and a lot of people clamored to increase their positions.
Cheng Daxiong took a look at his loan software, and at this time he actually had some software that he hadn't borrowed yet.
After thinking for a while, he didn't increase his position, and he was going to see the situation tomorrow.
Actually, he can’t add more positions at this time, even if he does, it’s still tomorrow.
The next day came soon. On this day, the A-shares opened lower, then stretched, and remained sideways throughout the morning, the kind that neither rose nor fell.
Cheng Daxiong has been watching, looking forward to rising, but in the afternoon, he dived again, and he jumped two points.
On this day, Cheng Daxiong's income dropped by another nearly ten thousand!
Not only did No. 4's income of more than 10,000 yuan fall, but he also lost some of his income during the summer vacation.
At this time, his total income is only 20,000.
Cheng Daxiong was obviously a little flustered. He had never encountered a situation where it dropped 20,000 yuan in two days before buying this.
"Why did it fall so much again?" He thought to himself, regretting that he had bought so much at once.
When it goes up, I hate myself for buying less, and when it goes down, I hate myself for buying more.
The time has come to 2:50, Cheng Daxiong opened the comment area, he looked at the comments to find out the reason.
"The main force is strong, it has fallen sharply for two consecutive days, violently washing the market, and collecting chips!"
"Gold, September and Silver October, if you don't buy boldly in September, are you still waiting to make money in other months?"
"The position has been increased!"
"Tomorrow will rebound!"
Many people in the comment area are full of confidence, and those big Vs also come out to announce their increase in positions.
In a word, boldly increase your position and wait for the rise! If you miss this "big bull market", you will have to wait another seven or eight years for the next one.
(end of this chapter)
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