Chapter 144 The Essence of Trading Is Probabilistic Investment

"So... in your opinion, what is the right investment?" Li Meng asked.

Su Yu thought for a moment and said, "There is no right way to invest, because investment is inherently facing an uncertain future. What we can do is to increase the probability of investment profit. Regardless of 'value investment', 'trend investment', 'K-line technical investment'... various schools of thought, in fact, the essence of what they do is to find ways to increase the probability of such investment profit."

"What we can do..."

"It is to follow your own cognition and analysis, no matter what method you use, to achieve this fundamental purpose."

"If you can't see through this layer and believe in any investment school, it is a wrong way."

"Because only the way and method that suits you and conforms to your own cognition can help you truly form your own trading system."

"Of course, since these school techniques are widely circulated in the market, they are not useless."

"It's just that when facing these 'technical' things, , there is no need to indulge too deeply. "

"After all, these are just summaries of experience, and the market does not change linearly, but has no rules and no definite logic. "

"In other words, there is no stock god in this world, right!" Li Meng's understanding of "investment" suddenly felt a little deeper, and asked with a smile, "Everyone is actually betting on probability."

"Yes!" Su Yu replied, "The essence of trading is probability."

"Just saying..."

"The same trading probability sometimes has different results. Of course... the decisive factor is other things that need to be paid attention to."

"Yeah!" Li Meng nodded, "In addition to judgment, risk control will also bring different results."

Of course, Su Yu had mentioned how to control risks and stop losses before. After this period of practical operation, Li Meng had mastered some of them, so she naturally would not ask again.

The two continued to chat for a while before going to bed.

The next day, July 17, Wednesday.

As soon as Su Yu arrived at the company, he received a call from his future brother-in-law Zhang Jianbo, who said that after a week of initial contact, Ancai Paper Group had agreed to formal negotiations.

Although the current situation of Ancai Paper was within his expectations,

But he was still very excited to see the dawn of winning the land.

Su Yu replied to Zhang Jianbo, asking him to negotiate with peace of mind, and said that as long as the other party's asking price was within 100 million, there was no need to demand too many other conditions, and it was important to seize the time and win the land.

Now there are more than ten days and half a month before the internal shareholders' meeting of Kumho Group.

For the time being, due to the fierce internal disputes and interest conflicts of Kumho Group, the entire group has not yet focused on the backdoor listing.

This is the best time for him to secretly take action and seize the key bargaining chips for the subsequent game.

If the deal is not concluded during this period, when the internal disputes of Kumho Group are settled, the interests are sorted out and the needs are turned back to the core of "backdoor listing", and they have in-depth contact with Ancai Paper, then... it is basically impossible for him to snatch food from the tiger's mouth.

After Zhang Jianbo inspected the location and area of ​​the land...

Although he is still unsure of Su Yu's real motive, he has to admit that it is a precious land, but it is far away from the core urban area and does not conform to the current overall urban planning direction of Yuhang. In addition, the current real estate market is as cold as the stock market, so no one is rushing to compete for this land.

In addition, this is an industrial land.

Without the support of the macroeconomic and urban construction planning of the province and the city, it is difficult to turn it into commercial development.

"Okay!" After listening to Su Yu's instructions, Zhang Jianbo responded on the phone, "After our investigation and understanding, the land where the Ancai Paper Factory is located must be relocated and vacated under the pressure of the Environmental Protection Bureau. We currently have no competitors. Compared with the area and market price, one hundred million is completely possible."

"Don't worry, I will definitely save the costs that can be saved."

"But for those that cannot be saved, I will naturally not 'lose the big for the small' and let the costs damage the original negotiation results."

Su Yu smiled and replied: "I am very confident in Brother Jianbo's work. Of course... If the other party's asking price is too high, exceeding one hundred million funds, and it is really impossible to make concessions and cannot be negotiated, you call me again and I will find a way."

Negotiation is a game.

Although Ancai Paper is in urgent need of funds to complete the relocation of the new site and the establishment of a new product line, and is also facing great administrative pressure, it is not ruled out that the other party is holding on to the price, striving for premium profits, and extending the negotiation period.

So, on his side, in order to prevent emergencies.

It is very necessary to prepare a backup plan.

Fortunately, he now has the maximum funds that can be used, that is, if he withdraws all the funds in the stock account, he can still get nearly 30 million, which is enough to deal with emergencies.

"Okay!" Zhang Jianbo responded with a smile, and then hung up the phone.

After Su Yu answered the phone, he immediately turned back to the company's fund trading room and focused his attention on the two-market market interface that had ended the call auction and was in a short trading suspension before 9:30.

I saw...

Due to the unsatisfactory performance of the US stock market last night, a lot of investment sentiment that warmed up yesterday was hedged, resulting in the Shanghai Composite Index, Shenzhen Composite Index, and ChiNext Index, all opening lower by about 0.5%.

In terms of sectors and individual stocks.

Yesterday's strong "electronic information", "Apple industry chain", and "mobile game" concept sectors all opened higher today, and the main board's "white wine concept" and "white home appliance" concept sectors were slightly higher; among them, the popular concept stocks in each sector, such as Fenda Technology, Netspeed Technology, Changqu Technology, Jincheng Fenjiu, Gree Electric Appliances, and Robam Electric Appliances, also opened slightly higher, and the sentiment was relatively good.

As for Shanghai Steel Union...

Thanks to Su Yu's seat bonus and yesterday's unexpected closing trend.

Today, this check attracted the attention of most short-term funds in the entire market during the call auction stage, and there was a certain rush to buy, opening higher by almost 2 points.

In addition to these stocks, the so-called "Shanghai Free Trade Zone" potential concept stocks newly established by "Yuhang No. 1".

The performance was not so good.

The Shanghai-Hong Kong Group and Waigaoqiao, which had poor performance, continued to open lower today after yesterday's sharp drop. In the call auction, even if Su Yu and Li Meng did not suppress the market, their capital trading situation was also very obvious that large orders suppressed the trend. This proves that the main funds in the market, except for them, are still not optimistic about these two stocks and insist on cutting positions and stopping losses.

Except for Waigaoqiao and Shanghai-Hong Kong Group, which performed the worst.

Like Lujiazui, Shanghai Material Trade, Pudong Jinqiao, Jinjiang Investment, etc., they seem much more dull, with no capital attention and no obvious selling pressure. They just follow the index fluctuations without any autonomy.

Su Yu took advantage of the 5 minutes of the short trading break to carefully sort out the stocks he was concerned about and the overall market conditions of the two markets. He smiled and said, "The previous two days of large volume consumed a wave of emotions. Today, the foreign market is not in good condition. It seems that... the index has to turn back every two steps."

"Yeah!" Li Meng responded and said, "It's still the lack of incremental funds in the market. It has always been the stock funds that are playing games. That's why A shares can't stabilize when there is a slight disturbance in the foreign market, and there is a high probability of following the trend of correction."

Su Yu laughed and said, "This is inevitable. After all, when the index bottomed out and the initial stage of the bear-bull transition was originally a hazy period in the market. In addition to the lack of confidence you mentioned, the stock game, the extremely limited new entry funds, the heavy locked-in stocks in front, which must be consumed bit by bit... and other reasons, the index turns back three times in one step and every two steps, which is a healthy trend state, and... if there is a continuous high-profile trend at this stage, it is a precursor to the inevitable correction of the index. In fact, at this stage, it is very easy to grasp the rhythm, and the success rate of doing T will be quite high."

His voice is very loud.

He said this not only to Li Meng, but also to Wang Can and several other newly added traders.

Li Meng nodded with a smile, and looked at the time, which was approaching 9:30, and asked: "Are you still continuing yesterday's operation?"

"Yes!" Su Yu nodded, "Taking advantage of the index's correction, it is a good time to suppress the market and create panic."

According to the detailed position information he received from 'Jingda Investment', the other party's fund holdings in Shanghai-Hong Kong Group and Waigaoqiao are not particularly large, but the absolute market value of the holdings is not small. The total market value of the holdings of the two stocks exceeds 200 million.

And with the liquidity of Shanghai-Hong Kong Group and Waigaoqiao.

If you want to clear the 200 million holdings, it will not be a day.

Therefore, in order to make the other party liquidate and exit as soon as possible, and help them to reduce the cost of holdings to an extremely low position, it is necessary to use the chips in hand to continue to suppress the market.

Moreover, on the way to suppress Shanghai-Hong Kong Group and Waigaoqiao.

Su Yu also had to use the funds in his hands to continue to grab Jincheng Fenjiu, creating a state of continuous funds grabbing and continuous strong trend.

Only in this way can the other party believe that the liquor sector is on the road to "reversal of difficulties".

Only in this way can the other party continue to add the funds reduced by Waigaoqiao and Shanghai-Hong Kong Group to the liquor heavy holding sector that can rapidly increase the net value of the other party's fund.

So...

When 9:30 came, the stagnant stock market in the two cities began to change.

Su Yu and Li Meng quickly began to repeat yesterday's operation routine, staring at the opportunity to sell large orders, competing with the other party to take over the buying orders, and killing the market of Waigaoqiao and Shanghai-Hong Kong Group.

At the same time, other traders used the fund sub-accounts with little funds in their hands.

On several strong stocks with large holdings of the fund, they practiced intraday operations, followed the skills and methods taught by Su Yu, familiarized themselves with the market trend, and improved their own operation skills and market sense.

During this period...

Shanghai Steel Union, the core focus of the two markets, has a positive trend of crossing four lines and continues to rush to buy.