My Age of Investment

Forty-eight, to cut, or not to cut?

"Boss, come and see, this stock is not right!"

On this day, in the office of the incubation center, the puppy stared at the computer and barked loudly.

"Stock trading during working hours will punish you for a treat tonight."

Xia Jingxing who was sitting in the seat raised his head and said in a joking tone.

After his criticism, Yang Niu and Xiao Dog changed their previous decadence, found their direction and goals again, and worked harder than each other.

Even if you occasionally look at the stock in the office, it's fine, as long as your main focus is on work.

So he won't really punish the puppy, but treats are a must.

Yang Niu also raised her head and asked curiously, "What stock?"

"NetEase! The Chinese Internet stock we all bought."

The dog's voice was a little anxious, "Why did it fall so much today, the stock price is only $1.78 per share, and it was still more than $3 a few days ago."

Not to mention the puppy, Yang Niu almost forgot that she had bought such a stock.

She didn't buy much, just $2,000.

Buy a little more for a puppy, $5,000.

Both of them bought it at around $3 and have held it for almost 2 months today.

After Yang Niu buys the stock, she throws it aside and ignores it.

From time to time, the puppy would check it out and figure out when to get rich.

When he went to see it today, he found that the account was in a mess.

The loss of $5,000 is only more than $2,900, and the loss is nearly half.

He was a little distressed, but he didn't mean to blame Xia Jingxing.

After all, before opening an account, Xia Jingxing had told them that investment is risky, and you are responsible for your own profits and losses.

The reason why he was called Xia Jingxing was that the boss must know more about stocks and be able to find out the reasons for the decline.

In addition, he wanted to hear Xia Jingxing's opinion whether to continue holding it or cut the meat to stop the loss.

"Don't worry, I'll take a look!"

Xia Jingxing was very calm and started to log in to his securities account without any hassle.

He only knows the long-term stock price trend of NetEase, which is calculated by "years".

As for the short-term fluctuations in the stock price, he is not an immortal, and he simply did not expect it.

Don't look at how calm his face is now, it's actually just pretending.

Hearing that the stock price dropped to $1.78 just now, his heart tightened.

This is his first pot of gold, and if something goes wrong, he really wants to jump the Golden Gate Bridge.

It's just that as the backbone of the three, these little emotions were well covered up by him.

Yang Niu and Puppy were relieved when they saw that Xia Jingxing was so calm.

The two approached, but they did not get too close to Xia Jingxing and kept a few positions away.

After all, everyone has privacy.

Unless Xia Jingxing told them to come closer, it would be better to keep a little distance.

Xia Jingxing didn't have time to pay attention to these details, his mind was all on the computer screen.

Open the K-line chart of NetEase's stock price trend, a long big Yinxian hangs there, which is very dazzling!

Xia Jingxing took a closer look.

Since he bought NetEase stock, the stock price has been trending very well and has been slowly rising.

But it started to drop slightly a few days ago, and today it is down sharply.

He didn't look at stocks for days and didn't notice all this.

In fact, I don't blame him. He's not short-term, so there's no reason to stare at stocks every day.

When it goes up, you get excited, when it goes down, you panic. If you don’t make money, your mentality collapses first.

As a "value investor", the best thing to do is to buy stocks and forget about it.

As long as you firmly believe that the value of the company is increasing, you don't need to care about the temporary ups and downs.

"Small problem, the bulls and the bears are at war, and the bears have the upper hand at the moment.

Don't worry too much, I guess it's about to rebound. "

Xia Jingxing quickly found out what the problem was, comforting the two partners and at the same time comforting himself.

He didn't understand, why did the bear suddenly jump out?

Is it because NetEase has a record of financial fraud, and the success rate of short selling is higher?

Yang Niu studied economics. Although she is also a novice in stock trading, she still understands various professional terms.

She looked at Xia Jingxing and asked, "You mean the bears will lose?"

"Yes, there is no doubt that you will lose!"

Xia Jingxing began to analyze her: "My classmates in China told me that the "Westward Journey 2" launched by NetEase is very popular, and the financial report of the third quarter will definitely make Wall Street analysts get to know this company again.

The game was launched in August, and financial revenue will be reflected in the third quarter.

The third-quarter earnings report will be released next month. "

Having said that, Xia Jingxing did not intend to go further.

He looked at Yang Niu and Puppy and said, "You can choose to stop your losses now, or you can choose to wait and see.

The situation was already so bad, it couldn't get any worse. "

"I believe in the boss, keep holding it!"

Speaking of losses, Xia Jingxing lost even more.

Seeing that the other party is still very calm, the dog is ashamed.

"In addition to the two options you mentioned, there is a third option."

Christina said with a smile: "When the stock price falls, additional investment can reduce the cost of holding positions.

I'll buy another $2000! "

"You have to think carefully!" Xia Jingxing reminded.

"I've thought about it clearly, and I'm taking the risk myself."

Yang Niu's decisiveness made the dog look sideways, and he sighed: "If I still have money, I will continue to increase the position."

Xia Jingxing smiled and wondered if the puppy was really out of money, or because the stock price plummeted and he didn't have the confidence to buy again and deliberately pretended to be poor.

He was too lazy to care about these things and stopped persuading.

I was busy looking at the K-line chart just now, and I haven't had time to look at my personal account.

When he opens personal securities account details.

one look,

63,100 shares, with a total market value of $112,318!

Compared with the previous period, it lost more than 80,000 US dollars.

It's not the scariest.

The most terrifying thing is to have a loan of $85,000.

What really belongs to him is only more than 27,000 dollars.

This has triggered the closing warning line, and a small pop-up window appears in the account: prompting for margin call, or selling stocks to reduce leverage.

Firstrade has a maximum leverage of 5 times, which means that the account must always maintain a margin equivalent to 20% of the total market value of the position.

Once it is lower than this ratio, the system will force liquidation on the account and sell some stocks.

Xia Jingxing's account has not been forced to close the position, but it will be soon. If the stock falls by more than 5%, the system will automatically close the position.

In this situation, Xia Jingxing could no longer calm down.

He covered his forehead, and all the great gods worshipped in his heart: Don't fall again...

The little dog and Yang Niu didn't know why, they thought he was thinking about something important.

"dudu~"

The phone rang.

Xia Jingxing picked it up, and it was Liu Hai, the securities manager, who called him and asked him to make a margin call.

Xia Jingxing chatted with the other party and inquired in detail about margin addition, forced liquidation and other matters.

"Brother, I really can't help you with this, the company has regulations, and the maximum leverage is five times.

Otherwise, you sell some stocks and go out, and while the stock price is still high, you can recover a certain loss.

If you really wait for the liquidation, the loss will be even greater.

And if you hold multiple stocks, you will close your positions randomly, and you will not cry if any demon stock is closed..."

Xia Jingxing replied: "Okay, I know, I will keep an eye on the account, and I will immediately add a margin if there is any movement."

"Then... well! It's better to deposit the margin now, otherwise you won't have time to cover your position when it falls.

Computers are all trading now, and your manual operations will definitely be slower. "

...

After hanging up the phone, Xia Jingxing looked at the stock account and felt entangled in his heart.

To cut, or not to cut?

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