Source | Tech Planet
Text | Wang Lin, Chen Qiaohui, Lin Jing, Zhai Yuanyuan, Ren Xueyun
After the opening of trading at 9:25 a.m. on October 8, A-shares once again showed a "textbook" style of what it means to "close when the market opens".
The Shanghai Composite Index opened 10.13% higher, the Shenzhen Component Index opened 12.67% higher, the ChiNext Index opened 18.44% higher, and the Beijing Stock Exchange 50 Index opened 26.67% higher. Nearly 1,000 stocks have a daily limit.
In communities large and small, there is no such thing as in the past when they complain about the pain of the first day of work after the long vacation, and almost everyone discusses only one topic: the stock market. The joy of the red is beyond words. "How much do you earn" has become the latest way of greeting stockholders.
During the "Eleventh" long holiday, during the 7 days when the A-share market was closed, the shareholders did not rest. On October 6, when many migrant workers had not yet embarked on the return journey from the holiday, the account managers of many brokerages had already begun to work, because there was a long queue of customers who wanted to open accounts. Some people learn the skills of stock trading overnight, and it seems that if they seize the opportunity, they can get rich. There are also people who are raising capital everywhere to prepare to enter the market, after all, more principal means more income.
A stock speculation boom has kicked off.
I completed the year's KPI in one day, and I was so busy that I couldn't take care of eating
Narrator: Account Manager of a securities company
Under this wave of market, what type of customers have really been encountered. Many customers come to activate dormant accounts, and some customers have not used their accounts for many years, forgot their passwords, and come to reset their passwords.
The deepest impression is that many "whites" in the stock market have come in, and they have not even understood some of the most basic industry knowledge. For example, the GEM has restrictions on newly opened stock accounts, but they asked me on the first day of opening an account what stocks I want to buy today. There is more interesting, the stock market opened for trading at 9 o'clock, but at 8 o'clock in the morning on October 8, the customer came to me to ask me if the system was paralyzed and why it was all blank when I clicked in.
Although there are many new accounts opened after 90 and 00, the main force is still middle-aged, they have a certain amount of wealth accumulation, when other financial channels do not produce ideal returns, in the bull market, they will turn the money to speculate in stocks, all of which are millions of yuan of funds transferred in.
We can now complete the KPIs of the past months in one day, and some colleagues have completed the KPIs of the past year even in one day. We daily require to open more than 30 accounts a year, with a capital amount of about 5 million, and now we can open more than 30 accounts a day, and sometimes we encounter more than 3 million accounts in one account.
Now the department head asks us to put down other things, serve customers with all our might, and seize this wave of market. In the past, we had to write a work diary every day and report on which customers we visited, but now we no longer need to do these meaningless chores that waste time, just to solve one practical problem after another for customers.
Since the morning, I can't be busy at all, there are too many account opening people, the system has collapsed, customers are stuck in various steps, and they keep coming to ask, just dealing with these things have been dizzy and can't care about anything else. Although I'm often so busy that I don't have time to eat now, it's not a big deal for me, it's rare that business is so good, it doesn't matter if I eat this meal or not.
Moreover, various securities companies are competing, especially the "roll" commission, like us and several securities companies around are clustered in a financial district, if you are lax, customers will run to other homes. Our company's commissions are very competitive in the industry, and now in order to attract customers, the commissions have been further relaxed, and now the average daily account opening volume is ten times higher than usual.
Today's offline counter is also crowded with customers, belonging to the stage of no shortage of customers, they will take the initiative to come, we don't have time to consider the details of the service of tea, it must be that the hospitality is not good, the most important thing now is to solve their problems.
Following the trend to buy the fund, I lost half of it and waited for the stock market to recover
Narrator: Fund clients
I entered the market in 2020 and bought not stocks, but funds. I remember very clearly that that year, most of the people around me were discussing fund-related topics, and there were endless reports in the media about making a lot of money from funds. I had a stable job, but I also wanted to make some extra money, so I joined the company.
Before entering the market, I consulted with many friends in the financial industry, and they all told me that if you don't understand the market and don't see others making money, just get on the bus, and when the time comes, you will lose money, and you will cry. But I still can't bear it, especially after seeing the income of star managers like Zhang Kun and Gu Lan at that time, I remember very clearly that the one-year yield managed by Zhang Kun at that time could be 128%.
The yield was too high, I was really envious, and finally entered the market. In retrospect, the wisest thing I could have done at the time was not to buy in large quantities. At that time, a friend of mine said that if you really wanted to buy it, you could buy a few thousand dollars to play around. Because you don't understand, don't think about making money. I listened to my friend's advice, and I was originally going to invest 100,000, but finally reduced it to 5,000.
I did not follow the trend to buy pharmaceutical, semiconductor funds, but chose a new energy fund, the reason is that in the future, new energy vehicles will definitely replace fuel vehicles on a large scale, and in the long run, my fund should not lose money.
In the beginning, it was true, and the income was 30% when it was good, but I didn't get out of it in time, and I always wanted to make more. As a result, since 2022, the yield of the fund I bought has been falling, and then it has directly turned into a loss of 50%.
5,000 yuan was a small investment for many "people" at that time, but when they saw the loss of money, they felt uncomfortable. In the past two years, I have rarely opened Alipay, looking at the income of the fund, it would be good to have one in two months. When I thought at the time, 5,000 yuan had no impact on my life anyway, so I just let it go, and when the market is good, I will run away as soon as I get back to my roots.
This wave of market around the "Eleventh" holiday really gave me a lot of confidence, especially on the first day after returning from the long holiday, I found that the degree of loss became 43%. At that time, many people in the "Friends" group were ready to untie the set, and they ran away without waiting for the return to their roots. They felt that the market might not be good on October 9, so they ran early and got out early, and a friend bought 100,000 yuan and lost 20,000 yuan, and ran away.
I didn't run, thinking about seeing the situation in the next two days, but before I could plan, it started to fall again this morning (October 9). My current thinking is that I will lose 60% of the money today, and it doesn't matter if I lose money, the main thing is to look at the trouble, and the remaining 40% will be put away. This 40%, I mainly want to verify, if the time is long enough, I am firmly optimistic about whether the new energy will work.
The post-00s borrowed money to speculate in stocks and made a small profit, and they have withdrawn
Narrator: The first time to speculate on stocks "Xiaobai"
On September 25th, I opened QQ as usual, and found that the group that didn't chat much before, suddenly 99+ news, opened it, and many people were discussing the "take-off" of A-shares, and discussed it for two days in a row, and many people posted their money-making achievements in the group.
Immediately afterwards, the positive hot search of A-shares continued, watching the people around me discussing stocks, some people said that A-shares broke 3000 and were going to make a fortune, so my heart began to move.
I first borrowed 20,000 yuan from my family, and officially started my journey of stock trading. At the beginning, I was a complete "novice", such as K-line charts and anything, anyway, just follow the big guys in the group to buy it. Through the guidance of the bigwigs in the group, I finally opened my account on September 28th.
I remember the first time I bought a stock, I was both excited and nervous. On the day of opening the account, through the introduction of the big guy, I chose a technology stock that is said to be a hot one, 20,000 yuan is all "stud", watching the stock price rise a little bit, showing that I have earned a thousand yuan, I am so excited that I can't do it, I feel that I am simply an investment genius.
But soon it will enter the "Eleventh" long holiday, and I have to press the pause button for stock trading, so I plan to continue to buy a potential stock with the money I earn. During the holiday, some shareholders in the group said that there may be a situation of opening high and going low after the holiday, but everyone disagreed, after all, they were immersed in the joy of making money.
Looking at it now, the investor was right, the stock I bought on October 8 continued to rise, and I danced happily, but it fell on the morning of the 9th. I panicked all of a sudden, whether to "fight a bicycle to become a motorcycle", or run away, very entangled.
Finally, in the whole process, I have made a small profit, and after all, the money for this stock speculation comes from my parents.
Look at the group again, compared with the hot discussion atmosphere last month, it has cooled down a lot, some people are still optimistic about the market, and some people joked that no matter how bullish the stock market is, you must remember to leave 3,000 yuan in reserve, and you need to use electric vehicles to run takeaways when the time comes.
This stock trading experience allowed me to experience the joy of making money and the thrill of falling.
200,000 entry, and when you earn enough 400,000, you will uninstall the stock trading software
Narrator: New to the stock market
This wave of stock market market began to rise almost on September 27-28, and everyone wants to enter this big bull market.
I entered the market last month, but I didn't catch the bonus. Before October 9th, no matter which stock you buy, it can go up. It can be said that it is difficult to buy with your eyes closed, and it is difficult to lose money. I have never speculated in stocks before, I have no investment experience, I studied various stocks before entering the market, and I took a fancy to a stock at that time, but I couldn't buy it in the entrepreneurial sector, because I couldn't buy it if I just opened an account. I can't buy it and I want to make a lot of money, I can only look at securities, but securities are also very popular, I can't buy it every time, and the market will be up and down when it opens. In the end, I could only choose two niche stocks.
I bought it at a high point at the end of September, with a one-time investment and high investment costs, with a total investment of 200,000 yuan in the two stocks. Fortunately, the position was full on September 29, the first day after the "Eleventh" long holiday, October 8, the most anticipated working day in history, more than 5,000 stocks opened sharply, and the trading volume of 3.5 trillion yuan hit a record high throughout the day. I made 10,000 yuan a day.
Although the market jokingly calls our new entrants "leeks" and is a pick-up man for old shareholders, I really don't think there is any need to be afraid of being cut leeks, at most the oscillation is high, and the overall trend is upward. Because this is no ordinary bull market, this is the main way the economy recovers. The ones that were cut were all bought at the high point in the morning, and those were pure "big grievances".
The opportunity must not be lost and will not come again, indeed, as industry insiders said, this may be the first life dividend of the post-90s and post-00s. The opportunity is just one or two months, I haven't thought about losses, don't look at stocks every day when I buy them, it's normal to have ups and downs. My investment goal is to uninstall the stock trading software after earning enough 400,000 yuan. When the Shanghai Composite Index reaches 4,000, I will sell it all, and if it does not reach 4,000, I will wait. I hope that tomorrow the limit of 1,000 shares will be limited.
On October 9th, people who opened an account during the "Eleventh" holiday can trade, and I also have friends around me who have just opened an account and are ready to stud dry today. Now, though, it looks like nearly 5,000 stocks are down today.
The pit that "stud" entered three years ago has finally been solved
Narrator: 8-year-old shareholder
The first time I speculated in stocks and bought funds was in 2016, when I took 30,000 yuan of principal to enter the market, and after losing a few thousand yuan, I took the initiative to leave the market.
At the beginning of 2021, I re-entered the game, but I was not too aggressive, I just bought it when I had spare money, and there was a round of small bull market at that time, and I still made some money, but the principal during this period increased a little, and the whole was in a tepid state.
At the beginning of 2022, I felt the shock in the stock market, when the Shanghai Composite Index fell to the edge of 3,000 points, and I also had the experience of losing six figures in just a few days, but at that time I had not yet seen my true investment level.
In October 2022, I received a bonus, and it happened that the A-share fell below 3,000 points at that time, and I felt that the opportunity had come, so I began to cover the position in an attempt to spread the cost, but it was also this decision that put my own cash flow into a very tight state.
In addition to the funds in the stock market, I did not have any savings, and I also experienced layoffs, and the income from changing jobs shrank, resulting in I did not have spare money to make up for the position when the big fall, and continued to shrink in the ups and downs of the stock market.
For the past two years, I deliberately ignored the funds in the stock market until the end of September this year. On September 26th, Big A returned to 3,000 points, and many people were shouting that the bull market was coming, and I rekindled my hope.
The return of 3,000 points made my account also appear "back", and then experienced the so-called bull market, which rose sharply for 5 consecutive days. On September 30, the Shanghai Composite Index reached its highest point in a year, and I also returned to my capital.
To be honest, if it weren't for the 5-day surge, I wouldn't have looked forward to the return on cost at all. Throughout the "Eleventh" holiday, I was looking forward to the opening of the market on October 8, and I was also listening to some suggestions and analysis around the stock market during the holiday.
By the opening day of the 8th, there was indeed a collective surge, and by the close of the day, my account made a small profit.
A long time ago, many friends who speculated in stocks told me to be a patient hunter, but I sometimes wonder if I don't have to worry about these three years if I put this money in the bank.
Some people on the Internet say that we stockholders are actually lucky, after all, we have three years of experience without spending a penny on tuition, but I don't think I'm lucky, and I will continue to reduce my position next.