Starting with a fully invested A-share portfolio to become a capital...

Chapter 5 Full Subscription Supporters

As soon as the email with the attached research report was sent, Zhang Yang's QQ kept ringing, and his roommate Chen Chuan even called directly to inquire about the details.

"Dormitory head, you've switched careers to become an analyst?"

The other party got straight to the point.

"Life's tough, I'm trying to make some money, want to support my good brother?"

Zhang Yang said, half-jokingly.

Although he spent more than a week rushing to finish these research reports, if Chen Chuan insisted on getting them for free, he would still give him extra help, after all, they were roommates for four years.

"Um…"

Chen Chuan thought for a moment and asked, "Where are you now?"

"The finance office on the sixth floor of the library."

"I'll be there soon."

Not a moment.

Chen Chuan led Wang Liu and Xu Jiafeng to the financial analysis room. As soon as the four met, Wang Liu couldn't help but exclaim, "Dormitory leader, you've been hiding your talent all along! You've actually become an analyst!"

"No wonder you've been leaving early and coming back late lately. I thought you were discussing philosophy with your sister, but I didn't expect you to be spending all your time in the library." Chen Chuan looked distressed.

Xu Jiafeng was more direct, pulling out two Red Bulls and asking, "Brother, you're starting a business, so I, Xu, definitely have to lend a hand. How much are the research reports on the consumer and non-ferrous metals sectors?"

"It's 31 for both, but we're roommates, so 50 for both is fine."

As soon as Zhang Yang finished speaking, Chen Chuan couldn't wait to ask, "Can I get it for free?"

"Of course." Zhang Yang smiled calmly and stated his condition for getting something for free: "On the condition that you bring me two weeks' worth of meals."

"Then I'll pay."

Chen Chuan immediately became obedient.

He knew Zhang Yang had a habit of eating breakfast, so it was fine for him to bring lunch and dinner, but bringing breakfast was worse than killing him!

You know, that's equivalent to working 8 AM for two weeks straight, who can stand that!
"Research reports on consumer goods, banking, non-ferrous metals, and securities sectors, just enough to reach 100 yuan." Xu Jiafeng handed Zhang Yang a 100-yuan note, knowing full well how difficult it was to produce research reports.

When he was taking the "Market Analysis" class, the teacher assigned a spreadsheet as homework. He spent half a week fiddling with an Excel spreadsheet, and in the end, he had to ask Zhang Yang for help.

"Give me the section on military industry."

"I want the infrastructure sector."

Chen Chuan and Wang Liu also contributed money to Zhang Yang's entrepreneurial endeavors. Thirty yuan was not much for them; it was less than two days' worth of food.

Moreover, they are all in finance, and the macro research report that Zhang Yang just sent out is definitely worth the price because it is so detailed that it can save them a lot of time searching for data.

After receiving the money, Zhang Yang immediately sent the market research report to his three roommates via 163 email, and also included a list of less popular stocks as a way of thanking them for supporting his startup.

……

At nightfall.

Another torrential downpour hit Shanghai.

A strong wind was blowing, and large raindrops fell on the dormitory balcony, making a "tap-tap-tap" sound.

As the lights were about to go out, the number of people who had bought Zhang Yang's research report had reached 21, with a net income of 1200 yuan.

This number is not large, accounting for only one-sixth of the 122 people in the investment field. Most of them bought the shares with a try-it-out mentality.

With 1200 yuan plus 800 yuan from the stock market, Zhang Yang's initial capital accumulation has reached 2000 yuan.

In 2009, 2000 yuan was a month's salary for an ordinary worker in Shanghai, and a huge sum of money for a student.

Zhang Yang wasn't worried about the sales figures in the market research report. Instead, he leisurely soaked his feet and went to bed.

It takes time for a bullet to develop its properties after it leaves the barrel and hits its target.

While Zhang Yang was sleeping, Lai Weijie, whose professional ranking was the worst, was staying up all night reading market sector research reports that he had purchased for 300 yuan. He was Zhang Yang's first "full subscription" supporter.

Why did he order the whole thing?
It's very simple. He desperately wanted to get into Huaxin Securities.

Although he is a native of Shanghai, his parents are both in the catering business and do not have any connections in the financial field.

Lai Weijie, whose academic performance has consistently been below average, is well aware that he cannot compete with top students using conventional methods. He must find another way.

That's why he blindly believed the market's speculation and went all in on Rongfeng Holdings, only to suffer four consecutive days of limit-down trading. Not only did he lose all of his 20% profit, but he also ended up with a 20% loss!

He had given up hope and was planning to give up, but the research report sent by Zhang Yang restored his confidence.

I subscribed to one copy, then another, and finally just subscribed to them all.

Zhang Yang's sector research reports are very detailed. Taking the steel sector as an example, he not only listed the top ten potential stocks, but also explained the technical, news, and sentiment aspects, and even used visualization charts for the data.

Lai Weijie did not blindly believe it, but instead went to search and verify it.

After comparing them, he suddenly realized how terrifying Zhang Yang was, because none of the ten sector research reports contained any errors.

"This is an absolute foolproof guide!"

Late at night, after reading the eighth sector research report, Lai Weijie couldn't help but marvel and realize the gap between himself and the top students.

Eight research reports, eighty individual stocks, thirty of which showed clear upward signals from a technical perspective. The remaining stocks, although not showing significant volume from a technical perspective, all had positive news and sentiment factors, and can definitely be added to your watchlist.

After reading ten research reports, it was already dawn. Today is Friday, the last trading day of the week.

At 9:15, the opening auction begins.

The A-share market's call auction has two phases. During the five minutes from 9:15 to 5:20, orders can be cancelled, but no transactions will be conducted.

Many people with ulterior motives, or simply bored, will place limit-up or limit-down orders, and then cancel them at 19 minutes and 50 seconds.

However, if the time reaches 9:20, the system will lock the order and will not allow cancellation.

For example, suppose a stock closed at 10 yuan yesterday, and you placed a 100 million yuan limit-up order at 11 yuan at 9:15 am.

If you don't have time to cancel and the bidding time reaches 9:20, the system will not allow you to cancel the transaction. All sell orders can be sold to you at the limit price of 11 yuan, until the total order amount of 100 million is exhausted.

回到集合竞价，9点20到25分是自动交易时间，9点25分到9点30分的5分钟是休盘整理，9点30分正式开盘。

The most important function of the call auction is to determine the opening price for the next day based on news during the market closure.

Without a moment's hesitation, Lai Weijie sold all of Rongfeng Holdings at a price of -6% during the call auction phase.

As predicted in Zhang Yang's research report, after the official opening, the automotive sector indeed saw a clear divergence in capital flows.

The recent news about the "Automotive Industry Adjustment and Revitalization Plan" has led many retail investors to rush into the automotive sector.

If the market maker wants to make money, they must make retail investors sell at a loss at the bottom.

Under what circumstances would retail investors sell at a loss?

The simplest and most brutal way is to dump the shares!

However, given the sheer size of the automotive sector and the favorable policy environment, a violent sell-off is clearly unrealistic.

In response to this situation, the bookmaker also has a strategy of playing the "dull knife" (a strategy involving using a blunt instrument).

The strategy is to first drive the price down, breaking through the so-called support level, then slowly consolidate sideways to wear down retail investors' patience while allowing them to reduce their holding costs through day trading. Finally, the sideways trend is broken downwards, followed by a V-shaped upward move.

The reason why "dull knives" can exploit retail investors is that retail investors all over the world share a common characteristic: they believe in technical indicators.

In fact, for major shareholders of small-cap stocks, any technical indicator can be drawn, such as golden cross, death cross, turnover rate, and volume.

"With capital diverging, major players fleeing while retail investors' capital increases, it is indeed time to enter a technical consolidation phase."

Lai Weijie kept a close eye on the market and decisively bought JAC Motors with all his funds the moment the intraday chart turned upward.

The demo account closely follows the live account, but the funds in the demo account will not affect the live account, so there is no need to consider the fund variables.

After the intraday chart dipped another 1.4%, the market maker finally started a sharp rally.

As the afternoon session drew to a close, JAC Motors' stock price rose by 3.4%, with a volatility of 7.9%. The day's profit restored Lai Weijie's confidence, and with more than a month to go, it was entirely possible for him to catch up and enter the top ten.

(End of this chapter)