Chapter 920 Learn to Stop Loss and Take Profit
It's really scary!
eBay's stock price skyrocketed at the opening, and it continued to climb as soon as the market opened. This momentum is terrifying...
However, for U.S. brokers, they have great confidence in eBay's stock price. In their view, eBay's stock price has at least three strong supports for rising. One is to make up for the previous decline; The originally expected benefits, that is, finally getting PayPal, this part of the benefits must be digested; another one is the huge benefits of the cooperation between eBay and Makino Technology, the US market has deeply realized the influence of Makino Technology and the speed of its rise. , Therefore, the cooperation between eBay and Makino Technology is a great news for them.
There are three strong supports for the rise, and the securities companies and eBay's shareholders secretly contribute to the flames, and the stock price rises naturally like a wild horse that has been unbridled, growing rapidly.
Wei Jun sighed at the computer: "It seems that the highest price today may break the 70 mark!"
Wei Lan hurriedly asked: "Dad, when are you going to sell this batch of stocks?"
Wei Jun said: "eBay is very strong now. Let's just hold it for a while and see. I think it may reach 70 or even 80!"
Wei Lan immediately said: "You can't keep holding this mentality, it's too risky, you have to set four psychological price points in your mind in advance."
Wei Jun asked: "Four psychological price levels? What psychological price level?"
Wei Lan explained seriously: "The price of contraction when it rises and falls; and the price of short positions when it rises and falls."
"If the stock price continues to rise, after the price rises and shrinks, you should tighten immediately, sell at least part of the stock in your hand, recover your principal first, and continue to hold the rest; if the stock price begins to When it falls, when the price falls and shrinks, you should immediately sell a part to recover the principal, and continue to wait and see for the rest;”
"If the stock price keeps rising, when it reaches the short position price, you should sell all the stocks and cash out as soon as possible. No matter whether it has room to rise in the future, we will withdraw at this price first; if the stock starts to fall, When he gets to the downside short position, you also get out of all the stock, whether it can go back up or not."
Wei Lan’s and Wei Jun’s mentality is very different. Wei Lan is rational. Before making a decision, he needs to have sufficient conditions to support him. Courage, like his mentality, is the most unsuitable type of stock speculation.
Driven by the gambler's psychology, Wei Jun invested in stocks and opened positions without leaving any reserves, which was very dangerous.
In Wei Lan's view, even if it is the news revealed by Li Mu, he should not invest all his assets in one go, and at the same time borrow everywhere to further expand his positions. This is the most standard gambler's psychology. In this case, Once there is a little mistake, it may be completely lost;
They are not good at stopping losses and profits, and they are more likely to be led by the stock price. The more they earn, the more they are reluctant to quit, and they always feel that there is still more profit space; Since the stock price could rise again, in the end, the stock has been sawing up and down in his own hands, and the original profits have been consumed little by little.
It is difficult to stop loss in time, and even more difficult to stop profit in time! Because of this, Wei Lan asked her father to book these four psychological price points in advance and strictly enforce them.
Wei Jun thought about it for a long time and said, "I think eBay's stock price can reach at least $100 in the long run in the future, so let's set $100 as the price you mentioned for rising and shrinking..."
Wei Lan immediately lowered her face and said, "Dad! What Li Mu said at the beginning was short-term, but he never suggested holding eBay stock in the medium and long term! Even if eBay can reach the price of $100 in the future, I don't know how long it will take. Later! And you don't know,
What percentage of the skyrocketing stock price is driven by the bookmakers? If they want to continue this wave of good news and attract retail investors to take over at a high price, then once the stock price reaches their psychological expectations, they will immediately sell eBay stocks in large numbers. It's bound to plummet. "
After saying this, Wei Lan deliberately persuaded in the most serious tone: "Dad, no matter what you do in the future, you have to learn to stop the profit and stop the loss. Our family has already suffered from this loss..."
Wei Jun hesitated for a moment, and his expression gradually became solemn. Wei Lan was right, his gambler's mentality was indeed too heavy, and there was no concept of stop profit and stop loss at all. To maximize profits, I never thought that it would be enough. Almost every game I played was all-in. My luck lasted for more than ten years, but I lost completely in the biggest game. If it weren't for Li Mu, my family The current life of the three is afraid that there is no rush for it for a long time.
This time, although Li Mu kindly gave an insider information, Li Mu's suggestion was to make himself a short-term one, buy low and sell high to earn a fortune. The confidence in my heart immediately lost more than half.
After thinking for a long time, Wei Jun said: "Well, if the stock price exceeds 70 US dollars, I will sell 750,000 shares first, take back the principal, and have 250,000 shares in my hands; if it falls below 65, I will sell Drop 800,000 shares; if it goes up to $75 or if it goes down to $55, I'll sell it all."
Wei Lan sighed softly and said, "Why don't I ask Li Mu tomorrow and see what he has to say."
Wei Jun nodded immediately: "That's the best!"
...
The soaring stock price made eBay immediately become the target of major media coverage in the United States. Most of the media were very optimistic about eBay's multiple cooperation with Makino Technology and PayPal. They praised it in the report, and even Makino Technology followed Dipped in a little light.
Multiple positive promotions, a lot of media reports, and various operations by brokerages and shareholders, eBay's stock price surged to $68 on the first trading day when Li Mu held a press conference.
Li Mu didn't know the news until the next morning in China time. The stock price of $68 made Li Mu stunned for a long time, and then he was always annoyed. Such a good opportunity to make money, he thought it was troublesome and gave up. If you really want to make money, there must be a way to do it even across the ocean.
Amazed by the unexpected positive feedback from the American market, Li Mu opened some American media websites to get a general understanding of their reports on the cooperation between eBay and Makino Technology. He found that the coverage of the American media was highly consistent. Everyone was talking about eBay. There are various positive development spaces in the future, but a potential bad news has not been reported in China, that is, eBay's agreement to avoid Taobao's cutting edge in the Chinese market in the future.
China's Internet market is getting bigger and bigger, and it is also a very important territory for a company like eBay in the future. If eBay wants to avoid Taobao's edge in China in the future, it means that eBay's future development model and It is conceivable that the space is much smaller. Although eBay does not have a very direct business conflict with Taobao now, it is still a shackle for future development. If it is reported, it will have some impact on eBay's stock price.
According to Li Mu's understanding of the American media, roughly speaking, most of the time the American media is relatively objective, and different media have different tendencies to left and right, some conservative, some radical, so everyone's reports should be their own. Everyone has their own arguments. It is indeed a bit strange that everyone in such a harmonious relationship agrees. It is estimated that even if there is no serious black box operation, there are at least some people lobbying behind the scenes.
The United States itself is a country with a very obvious lobbying system. Political lobbying, economic lobbying, and folk entertainment also require lobbying, not to mention the media. The media is the only key that can directly connect with politics, economy and entertainment. , there are often people with various purposes to lobby the media and keep the media’s caliber consistent.
With reference to this, Li Mu felt that there might be some big forces taking advantage of eBay's skyrocketing trend to fuel the flames. As for what purpose they reported, he didn't buy eBay shares, and it had nothing to do with him, so he naturally didn't bother to care.
What's more, Li Mu has little interest in eBay, and there is not much room for eBay's development in the future, far less than PayPal. At present, he has locked 29% of PayPal's shares, at least for Muye Technology in ten years. With an additional market value of billions of dollars or even tens of billions of dollars, even if eBay hangs up in the future, it has nothing to do with itself.
The domestic media's surge in eBay's stock price has shown a unified caliber of universal celebration. Almost all the media have put money on the face of Makino Technology in their own reports, because they believe that the reason why eBay's stock price can rise so high Being so fierce, it was almost all thanks to Li Mu.
Therefore, the domestic media raised a wave of praise for Li Mu. The only thing that surprised Li Mu was that no media reported in detail the content of his speech yesterday.
The media made detailed reports on the news of eBay's stock price skyrocketing, and there were even special media that consulted US securities experts remotely, but no media reported Li Mu's remarks about housing prices last night into text.
Li Mu felt quite surprised. When he had dinner with Senior Brother Liu and Master Lei last night, both of them felt that they would definitely be spammed on the Internet today. Even if they were not named by name, some experts and scholars would come out. He slapped him in the face obscurely, but he didn't expect that the media would treat it coldly. Just like the US media's failure to report to eBay, China's development was restricted, and China's media did not report its bold predictions on housing prices.
Li Mu found a lot of domestic media websites, and even went out to buy several newspapers, and came back to rummage page by page. All the news reports about his speech at the National People's Congress last night only wrote that he appealed to young people to believe Miracles, and taking Heinrich Schliemann's true story as an example, the media did not mention anything about housing prices.
In an instant, Li Mu's mood was particularly heavy.
If the media maintains a high degree of unity, there must be a force behind it. No matter who is pushing, his core purpose is to control the spread of his own remarks.
It seems that housing prices are still closely related to the fundamental interests of many people, and they will not allow their interests to be challenged by themselves.
Li Mu felt melancholy. He never thought about controlling the growth of housing prices. He also knew that he had no such ability at all. They have foresighted, but they are afraid that this is the only thing they can do. If they continue to go deeper, they are afraid that they will bring unnecessary trouble to themselves.