The Road to Rebirth Finance

Chapter 161 Ways to Control Drawbacks

The retracement of Junshi No. 14.4 is not large today. Wanan Technology has the largest loss in the day, with a loss of 0.5 yuan. The overall retracement of the fund is less than [-]%.

This is exactly the situation that Xu Jianqing dared to tease and hoped for a full-scale decline, because the position was well controlled and the retracement rate was quite small. This also showed everyone's confidence and no fear of falling.

After the end of this week, the total size of Junshi No. 4772.97 has reached 2243.29 million yuan, and the market value of its holdings is 19.32 million yuan. The fund's return rate has reached [-]% so far, and it still maintains a terrible growth rate.

For every investor who wants to invest in A-shares for a long time, growth and retracement rates are unavoidable topics, how to maintain stable or outperform the index's returns when the general trend is rising.

And when the general trend is downward and individual stocks are inevitably affected, the retracement rate can be controlled to a small, but to a certain extent, these are not as simple as simply swapping positions for shares.

In his past and present lives, what Gu Junhao was most proud of was not his own profits, but his ability to control the retracement rate very well. Whenever the index fell sharply, Gu Junhao was able to control the loss to a minimum.

Of course, achievements in this area cannot be achieved in a day or two. At the beginning of stock trading, Gu Junhao also had a single day, and when the single-month retracement was extremely large, he gradually learned to behave after some lessons.

How to control the retracement rate, the first thing to do is that you must be very familiar with your holdings. Gu Junhao will never buy sectors and individual stocks that you are not familiar with.

Someone once recommended stocks to Gu Junhao. It was not the kind of flickering recommendation, but a sincere recommendation after everyone got to know each other. I have never been in contact with it, and I am not familiar with it.

In this case, Gu Junhao would not buy anyway. He might intervene with a small position for a trial market for reasons of face or interest, but he would definitely not intervene with a heavy position.

No one is perfect, everyone has their own blind spots of knowledge, only earn what they are familiar with, and do not touch what is beyond their understanding, this is the first principle for everyone to survive in the stock market.

The second point is to maintain the liquidity of your position. No matter what the situation is, you must have a certain amount of funds to use. Even if the position is full, don't buy individual stocks that are starting at the same time.

Assuming that the position is in a full position, and there is a half-dead stock in the position, when some other stock is activated, then this fund can also be used.

Take the existing fund positions as an example. If retail investors are operating, as in the past few trading days, Hibe Securities is half dead, so you can sell part of Hibe Securities to make T in Daifuku Technology, and then buy it back Xibe Securities will not lose much.

This is indeed much less benefit than the full warehouse stud Daifuku Technology. However, this approach is better than safety. Money can never be earned, but money can definitely be lost.

On the premise of ensuring the safety rate, there is also a high profit margin, which can make you feel like a fish in water in this market, so if the funds reach a certain level, you don’t want to waste your funds, and you are afraid of the big ups and downs of the position, then buy Some stocks with stable returns, such as the troika among bank stocks.

Of course, these stocks can only be safely held when you intervene when they are relatively stable or low, and high positions are not acceptable. No matter what stocks you are in, they will definitely pull back when they reach a certain position.

This is the third point, the importance of the band, A-share bears long and bulls short, if you can make good use of the timing of the bull-bear transition and enter into the band operation reasonably, then the rate of return is still very impressive.

Let’s take the bank stocks as an example, not to mention the troika of bank stocks with the best growth rate, let’s take the relatively stable China Construction Bank as an example. Can make reasonable use of this range, even if the return rate of each band is only 3%, operate two or three times within a year, plus his annualized cash dividend rate of about 5%, the annual rate of return is almost 5% up.

This rate of return has been able to steadily outperform most groups, which is actually very good. Unfortunately, most people can't bear the loneliness of this small band, and can't really calm down.

"Okay, the week is over again, and we can rest for another two days." Gu Junhao looked at the three of them with a smile.

"It's good to be a trader. Although I have to work overtime occasionally, most of them are normal weekends and weekends." Liu Tingting said with a smile.

What Liu Tingting said, Gu Junhao took it for granted. Yongcheng is a fast-paced city, and the private economy is the mainstay. For most industries, it is quite good to find a weekend job without low wages. hard.

"If you ask me, it's better that the stock market opens every day, and it's boring to stay at home. The weather is so hot that there is no place to play." Xu Jianqing said indifferently.

"Don't say that when you have a girlfriend in the future. Besides, no matter how hot it is, can it still be as hot as your hometown?"

"Okay, you guys go back first." After finishing speaking, Gu Junhao also walked out of the trading room. It was already past 05:30. Gu Junhao returned to his office after making a round of inspections.

After get off work hours, it was the weekend again. In the whole company, apart from the two people in the finance department who were still working overtime, only Xu Yan from the market intelligence department was still in the office. Even his assistant Li Xinyu had already left.

Not in the mood for work either, Gu Junhao took out his personal mobile phone from the drawer in the office, and after turning it on, various messages flashed in WX.

This mobile phone adds some friends from before starting the company, as well as the client group of the fund. These people also know that they usually have no time to reply to messages during the opening hours.

Most of the messages are similar to messages. In fact, Zhang Yiru has the most. When he is free at work, Zhang Yiru will send messages to Gu Junhao from time to time. Today’s message mentions that he should not forget to go to the furniture city together tomorrow. .

"It's a hot day, hey." The decoration of the new house has been completed, and it's just waiting to add furniture. I went there once before, but because it was too busy, and the weather was too hot, Gu Junhao really didn't want to move.

After dealing with some messages on the phone, he also replied to those who should reply, casually flipped through some chat records including the fund customer group, and then Gu Junhao flipped through Moments.

"At the beginning of the adjustment, should we build double-top shipments or direct shipments? I am more inclined to the former."

Seeing this news, Gu Junhao couldn't help laughing. This kind of thoughtless Moments text was sent by Su Mingyu, but Gu Junhao could understand it, he must be talking about Dafu Technology.

It seems that he hasn't sold yet. This guy is really tolerant, and his progress is not small. After more than a year of contact, Su Mingyu's mentality has always been stable. The problems that were limited to expectations before will appear at a loss after meeting expectations. The problem is gone now.

The big picture was slowly opening up. After thinking about it, Gu Junhao gave him a thumbs up. Some things can't be said too clearly, but private communication is still unavoidable.

---
On the weekend, Gu Junhao still couldn't resist the enthusiasm of women to go shopping, even on a hot day; he accompanied Zhang Yiru to visit the furniture city for two full days, from Beicang to other surrounding areas and urban areas. .

"If you ask me, it's better to wait until the weather is cooler before buying furniture. Anyway, we haven't rented this house for a long time, and the smell has to dissipate there. It's not good to officially move in at the end of the year."

"It's right to move at the end of the year, but it doesn't affect us to look at the furniture. This is the second time we look at it."

"Well, nothing can stop you women from shopping, and you don't suffer from heatstroke." Gu Junhao smiled wryly, but after two days, it's not without gains. Some fancy furniture has already been ordered, and he just waits to find a time for delivery.

This aspect will be left to Zhang Yiru. Her current working hours are much more flexible than before, and she can also ask for a leave of absence to go out. It is not a problem to receive furniture.

"Don't suffer from heat stroke. I will try to reduce the time I spend in the trading room next week. If you have anything to do, remember to call me in time and just ask Li Xinyu to call the internal number of the trading room." Looking at his lover full of interest, Gu Junhao patiently Said.

The weather in Yongcheng in July, apart from the slight coolness brought by the sea breeze at night, is also scorching hot during the day. Although it is by the sea, there is also little rain in summer. Only when the typhoon season comes, will there be rain to lower the outdoor temperature .

"Don't worry, it's fine. I don't need to move it myself. Even if I receive instructions, I won't be able to stay outside for long. Besides, the workers and masters are not afraid. I am afraid of nothing."

"Can you compare with them? They have worked outdoors for a long time, and their resistance is much stronger than yours, but you are always right to treat people better. Remember to prepare enough cold drinks to cool down. If you find someone has heat stroke If there are signs, remember to send it to the hospital in time."

"Don't worry, I know this. After all, I can be regarded as a service industry. Will I win these winks?"

"Pull it down, what kind of service industry are you, you are a vulnerable group."

"Fuck you, blackmail us again, you are a little blackie, blackmail me from time to time."
-
Monday, July 2014, 7, a new week.

Master Gu, who has been busy for a weekend, still wants to come to the company. Fortunately, there is a comfortable environment here, without being exposed to the scorching sun outdoors, and the employees speak nicely.

Last week, since Monday, June 6th was also included, the overall return of the fund was very good. Judging from the ranking of private equity funds, Junshi No. 30 has climbed to the second position at present, and the first is still at the end of last month. That one, he still performed brilliantly this week.

Excluding some liquidation stocks, the performance of fund holdings last week was very impressive. Yinzhijie rose by 12.58% in the week, Wanan Technology rose by 5.11% in the week, and even Xibu Securities, a small vegetable chicken, rose by 0.65% within a week. Dongfang Fortune ended the week with a weekly drop of 3.20%.

Tong Huashun, which is privately held by Gu Junhao in the same sector as Dongfang Fortune, also performed much better than Dongfang Fortune. Tong Huashun rose 1.29% in the end week.

"Boss, why do your arms feel red?" After all, Liu Tingting is a girl, and she is much more careful than the other two.

"It was in the sun." Due to the many outdoor activities on the weekend, Gu Junhao couldn't bear to let Zhang Yiru be under the scorching sun, so he came out by himself. After two days of exposure to the sun, Gu Junhao still hadn't recovered.

"Dried it? Boss, you still go outside to play in this hot day?"

"What are you playing, buying furniture and running the whole city."

"Boss, are you moving to a new house? Would you like to treat us to a banquet?" Xu Jianqing said with a smile.

"No, buy some furniture first, and you have to bring a good gift for the banquet, and you will be indispensable then." Not to mention, I don't have many friends, and I can really invite these three people for the warming of the new house.

"Hey, that's for sure. I'll buy you a useful mop then, Boss, so that you can use it more easily in the future."

"You kid, really, you're getting bolder and bolder." Gu Junhao pointed at Xu Jianqing with a wry smile and said, this kid is really brave sometimes.

Call auctions, the Shanghai Composite Index opened lower, and the ChiNext Index opened slightly higher, but still failed to cross the [-]-day line, and the high point has the risk of moving down.

The performance of the four holdings was mixed. Wanan Technology opened flat, Xibu Securities opened a penny higher; Dongfang Fortune and Yinzhijie continued to maintain a low opening situation, and the volume of call auctions remained sluggish.

Dongfang Fortune and Yin Zhijie's control funds are definitely of a super high level. This kind of strong stocks in the early stage has continued to maintain a state of adjustment, which also fully demonstrates the attitude of big funds towards the market.

"Don't rush to buy today, let's take a look first." The result of the call auction made Gu Junhao a little wary.

"Okay." Several people responded in unison.

At 9:30, the official trading began, and the performance of individual stocks was very sluggish; the Shanghai Composite Index remained in a range of less than 10 points and fluctuated back and forth, and the heavyweight stocks showed no signs of protection.

As for small and medium-sized ventures, major concept stocks, especially GEM stocks; whether they open higher or lower, most of them show a trend, that is, downward shocks.

"Dongfang Fortune really had a fake rebound last Friday. Today, I didn't even dare to open higher and hit the [-]-day moving average, so I just opened lower and went lower." Xu Jianqing didn't care about Yin Zhijie's trend, but cared about Dongfang Fortune trend.

Last Friday, Dongfang Fortune was the only stock that turned red in the fund's holdings, which kept the fund in a state of not being fully green throughout the day.

"It's true that the boss didn't let me last Friday. Otherwise, in today's situation, I can only barely escape." Wang Ruoyu nodded.

To some extent, Dongfang Fortune also represents the trend of the ChiNext Index. Like Dongfang Fortune, the ChiNext Index continued to fluctuate downward after the start of early trading. The opening point of 1411.99 was the highest point in the day at this time.

In fact, to a certain extent, regardless of individual stocks or indexes, the opening position represents the performance of a stock throughout the day. In a better position, open a small position to try to buy the bottom.

And if the opening price is the highest price, if it can be killed quickly, there are still some opportunities to buy bottoms, but if it fluctuates slowly downwards, you must be especially careful at this time.If you really want to buy the bottom, you can only wait until the end of the market.

　Today is just one chapter, it’s reasonable to go out to play on Valentine’s Day, right?

　　
　
(End of this chapter)