Thursday, November 25, 2012, was cloudy.

There are three people sitting in the large room of Anping Securities 502, and these three people all have very relaxed expressions;

Unlike other retail investors or even institutions, which are clouded by clouds, this place is full of joy and laughter.

"Mr. Ma, this is really gratifying";

After Chang Cheng communicated with his father last night, although there was no progress in the investment company, it did not hinder Chang Cheng's admiration for Ma Yibo at the moment;

The trend of the stock market yesterday was just as Ma Yibo expected. After falling below 2,000 points, it quickly recovered 2,000 points and then continued to rebound;

This also caused Ma Yibo's account funds to be close to 4 million at the close of trading;

However, looking at the 4 million worth of options in the account, whether it was the rich second generation Chang Cheng or Wang Xiaohua, they felt dizzy;

In option accounts, institutions basically do hedging to achieve stable returns, rather than gambling like Ma Yibo, who puts all positions in one direction, which is long;

Especially in the account, there are long options for November worth close to 3 million, and long options for December worth just over 1 million. Today happens to be the delivery day of the November options contract;

On this day, there are rarely calm days, but are always accompanied by violent fluctuations;

Chang Cheng and Wang Xiaohua were in a state of excitement yesterday. Even though they had certain expectations of the risk, their risk awareness also dropped a lot after yesterday's huge victory;

Those who are close to vermillion are red, and those who are close to ink are black. After following Ma Yibo for a long time, their understanding of risks will also become indifferent with Ma Yibo's operations;

But, does Ma Yibo really have no sense of risk?

Obviously, there is;

Otherwise, I would not have purchased the 1 million December long option contract just to prevent accidents. Profits can be lost, but the principal cannot be reduced;

Although it is difficult for people to accept the loss of profits, at least they still have principal and can turn around. Once there is a problem with the principal, it will be a disaster.

Today, after a night of calm and after falling below 2,000 points, experts and scholars from all walks of life have expressed their opinions;

People who used to firmly believe that 2,000 points are unbreakable have now become people who will continue to explore lower. The change is so fast that it is staggering;

But this information is filling the brains of Chang Cheng and Wang Xiaohua;

But this morning, when I saw the funds in my account and thought about the fact that all of them were long option contracts, especially since nearly 3 million long option contracts were due to be delivered today, it was depressing to imagine.

"Haha, I have to thank you for your cooperation yesterday. Today, it is another tough battle";

"The market will open later, don't move for now, look at the market and then talk";

In fact, according to the trend of the stock market, if the golden needle touches the bottom, it will not open lower the next day, but will open higher and move higher the next day. This is why stock traders like to use the golden needle to touch the bottom;

As long as you buy it from Golden Needle, you will get rich rewards later.

Sure enough, the market did not open lower as predicted by most experts;

At 09:25, after the call auction, it opened 0.58% higher;

Ma Yibo's options account funds jumped from less than 4 million to more than 4.83 million. The long options in November opened 31% higher, while those in December only opened 8.3% higher.

At this time, Chang Cheng was not only nervous, as if the funds in it were his own hard-earned money;

As for Wang Xiaohua, at this time his eyes were reflecting and his temples were red, and he could tell at a glance that he was having wild dreams;

Yes, Wang Xiaohua’s thoughts went astray;

Just now, there was a scene where yy and Ma Yibo got together and became a rich wife. At the same time, yy himself became the most popular person in the exchange because of Ma Yibo's huge profits.

At 09:30, the market opened, and it rose directly from the high opening of 0.58% to 0.95%. Everyone who saw it jumped to their feet;

Although Chang Cheng's family is rich and he doesn't care much about money, the pleasure of a substantial increase in funds is what every financial person dreams of;

Wang Xiaohua has woken up from the yy. When he refreshed his capital account, oh my god, it turned out to be more than 5.69 million;

Covering his mouth, Wang Xiaohua prevented himself from shouting;

How long has it been since then? At the time of the collective bidding, the account funds were 4.83 million;

The market has just opened now, and within ten seconds, it jumped directly to 5.69 million. It can be said that within ten seconds, Ma Yibo's account amount increased by 860,000;

What a despairing number this is.

"Mr. Ma, look, do we need to take profits appropriately on some November options contracts?";

At this time, Wang Xiaohua no longer had the idea of ​​​​yy becoming Ma Yi's rich wife;

Some are just nervous and afraid, trembling when they speak, worried that the market will continue to plummet, and all these gains will be wiped out in an instant;

As the person in charge of Ma Yibo, Wang Xiaohua also has the responsibility to remind him that after all, he has made too much now;

The profit you get in your hands is the real profit.

Chang Cheng is actually not much better. Their family often has tens or even hundreds of millions of projects or investments, but those are exactly the targets of the contract, so it is difficult to intuitively feel the charm of money;

At this moment, with every tick of Ma Yibo's capital account, Chang Cheng also felt that he had become a country bumpkin who had never seen the world;

To be honest, hundreds of thousands, or even millions, are not a lot of money to Chang Cheng;

Chang Cheng’s father always said that I would give you 5 million and you should invest;

In fact, I just want Chang Cheng to gain experience and lessons through this 5 million investment, and even if he loses money, it will be fine;

In other words, just to make Chang Cheng lose money.

There is a huge difference between the poor and the rich, and the poor have no qualifications for trial and error;

The rich are different. Trial and error are the stepping stones to success.

Just like SoftBank, the empire on which the sun never sets;

When we first invested in a large number of Chinese companies, 90% of them eventually went bankrupt, and SoftBank’s investment was also in vain;

But the 10% success, or even the success of just one Ali;

Not only did it make up for the losses caused by the failure of all other investments, but it also made huge profits;

Not only did he make money, but he also made Mr. Sun of SoftBank famous around the world and became a complete legend in the investment community.

"Don't talk, just wait for my order";

Looking at Wang Xiaohua lightly, Ma Yibo did not yell at others like yesterday;

If Ma Yibo hadn't been a reborn person, he wouldn't have been able to hold on until now. When the initial 900,000 to more than 2 million were sold, he would have already cleared out his stock and left.

Investment, sometimes, really depends on luck. Everything you invest in will fail in the end. However, what you didn't invest in will grow miraculously;

Just like stock trading, when choosing one of the two, as long as you buy it, it will fall, and if you don't buy it, it will rise sharply;

It’s as if the bookmaker is specifically watching you just for your tens of thousands or even hundreds of thousands;

This is the so-called mind of retail investors;

Those with heavy positions will not rise;

The take-off of cutting meat;

Positions are divided evenly, half dead!

These are the characteristics of the majority of retail investors.

At noon, the market fluctuated violently between 0.75% and 1.1%, while Ma Yibo’s funds fluctuated between 5 million and 6 million;

The fluctuation range of the market is only 0.35%, while the volatility of Ma Yibo's capital account is around 20%;

As you can imagine, the last trading day of options contracts is terrifying;

Even so, Ma Yibo did not move because Ma Yibo knew that they did not have the strength to play the band;

The market may continue to pull up at any time. Once T flies away, it is simply making yourself uncomfortable;

How many people speculate in stocks, buy and sell, back and forth, and except for a lot of handling fees, they don’t make much money at all;

Only if you can resist loneliness and temptation can you become the final winner.

"Okay, I won't treat you to dinner at noon. I have ordered food for us in the morning and will bring it to you later. We still have important tasks to complete in the afternoon";

"When this stage passes, I will treat you to a good meal."

The one-and-a-half-hour market break at noon felt extremely long to Ma Yibo, Chang Cheng, and Wang Xiaohua;

If you value something too much, you will pay extra attention to it;

I always thought about opening the market as soon as possible, continuing to rise sharply, and then making huge profits.

Time will not slow down because of everyone's joys, sorrows and joys, nor will it increase because of wealth. It is the same for everyone and is extremely fair.

At one o'clock in the afternoon, after the market opened, the market was just like when it opened in the morning, and the situation fluctuated back and forth directly from the morning;

A few dozen seconds can be said to be just a moment, for those who trade in stocks;

It directly reached an increase of 1.5%, and then began to fluctuate back and forth between 1.3% and 1.5%.

Zhao Lei, the private equity boss who started buying the bottom yesterday, has come out of the shadow of the suicide of his old classmate and rival yesterday;

Perhaps, when entering the financial industry, when the risk awareness is reduced, it is possible to predict the future outcome;

If you don’t have a strong enough risk control mechanism, this nightmare will one day happen to you;

Because no one knows which one will come first, the black swan or tomorrow.
To be continued...