Chapter 920 (1/2)
It's really scary!
EBay's share price soared at the beginning of the trading, and it continued to climb continuously at the beginning of the trading. This momentum is simply horrible
However, for American securities companies, they have great confidence in eBay's share price. In their opinion, eBay's share price has at least three strong supports for the rise, one is to make up for the rise, first to make up for the previous fall; the other is the expected good, that is to say, to finally take PayPal, which should be digested; the other is the cooperation between eBay and Makino technology The U.S. market has been deeply aware of the influence and speed of the rise of Makino technology. Therefore, eBay's cooperation with Makino technology is a great good news for them.
There are three strong supports for the rise. Brokers and eBay's shareholders are behind the scenes again. The speed of the share price rise is naturally like a wild horse out of the reins.
Wei Jun exclaimed at the computer: ”it seems that today's highest price is likely to break the 70 mark!”
Wei Lan hurriedly asked, ”Dad, when are you going to sell these stocks?”
”EBay has a strong momentum now. Let's take a look at it for a while at least. I think it's possible for eBay to rush 70, or even 80!” said Wei Jun
Wei Lan immediately said: ”you can't hold it all the time with this kind of mentality. It's too risky. You have to set four psychological prices in advance.”
Wei Jun asked: ”four psychological prices? What psychological price? ”
”The shrinking price when rising and falling, and the short price when rising and falling,” Wei Lan explained seriously
”If the stock price continues to rise, after the rising and shrinking of the price, you should immediately tighten up, sell at least part of the stock in your hand, first collect your principal, and the rest can continue to hold; if the stock price starts to fall, when you fall to the falling and shrinking price, you should also immediately sell part of it, take back the principal, and the rest will continue to hold and wait and see;
”if the stock price keeps rising, when it reaches the rising short position price, you need to sell all the stocks and cash them out as soon as possible. No matter whether there is room for it to rise in the future, we will withdraw at this price first. If the stock starts to fall, when it reaches the falling short position price, you also need to sell all the stocks, no matter whether it can rise back or not.”
Wei Lan and Wei Jun have very different mentality. Wei Lan is rational. Before making a decision, they need to have enough conditions to support them. There is no gambler mentality. Wei Jun not only has gambler mentality, but also lacks the courage to stop loss and profit. Such mentality is the most unsuitable one for stock market.
Driven by the gambler's psychology, Wei Jun doesn't leave any reserve in the stock market, which is very dangerous.
In Wei Lan's opinion, even the information disclosed by Li Mu, he should not invest all his assets in one go, and at the same time, he should also borrow money everywhere to further expand his position, which is the most standard gambler's psychology. In this case, once there is a little difference, it is likely to be doomed;
the weakness that is not good at stop loss and stop profit is more likely to be led by the stock price The more you earn, the more you don't give up. You always feel that there's more profit margin. The more you lose, the more you don't give up. You always hope that the stock price will rise again. At last, the stock has been sawing up and down in your own hands, consuming the original profits little by little.
It's hard to stop loss in time, even harder to stop gain in time! Because of this, Wei Lan asked his father to set these four psychological prices in advance and strictly implement them.
Wei Jun thought for a long time and said, ”I think eBay's stock price will be at least 100 dollars in the long run, so set 100 dollars as the rising and shrinking price you said...”
Wei Lan immediately pulled down her face and said, ”Dad! What Li Mu said at the beginning is short-term. He never suggested that the medium and long-term hold eBay shares! Even if eBay can reach the price of $100 in the future, I don't know how long it will be! What's more, you don't know how much of the surging share price is driven by the makers. If they want to follow the Polly and attract retail investors to take the high position, once the share price reaches their psychological expectation, they will immediately sell eBay shares in large quantities, and then the share price will fall sharply. ”
With these words, Wei Lan deliberately urged him with the most serious tone: ”Dad, no matter what you do in the future, you have to learn how to stop profit and loss. Our family has already suffered this loss...”
Wei Jun hesitated for a moment, and his expression gradually gathered. Wei Lan was right. His gambler's psychology was really too heavy. He didn't have the concept of stopping profit and loss at all. From the beginning of business to now, what he thought about was how to maximize the benefits. He never thought that it was enough to stop. Every game he played was almost a total bet. His luck lasted for more than ten years, but it was the biggest one If it wasn't for Li Mu, the three members of his family would have had no rush in their life now.
This time, although Li Mu kindly gave an inside story, Li Mu '.