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

Chapter 50, "Huaxin Simulated Trading Competition," concludes.

On April 22nd, the rain stopped and the sky cleared.

Today is an extremely important day for well-known domestic finance and economics universities such as Shanghai University of Finance and Economics, Central University of Finance and Economics, and Southwestern University of Finance and Economics.

The 45-day, 33-trading-day Huaxin Simulated Trading Competition concluded today. This competition was led by Huaxin Securities and recognized by major securities companies.

In previous years, this day was also known as the gambler's last hurrah.

Students who rank outside the top ten and want to turn the tide can only choose high-risk, high-return hot market concept stocks.

However, today's market performance dealt them a heavy blow.

Huaxin Securities, a leading stock in the securities sector, initially rose to 26.65 yuan at the opening, but within five minutes, it plummeted from the opening price of 26.5 yuan. By the close, it had fallen by 5.4%, with the stock price falling to 25.07 yuan.

The sharp correction in the securities sector dragged the broader market down.

The Shanghai Composite Index plunged 2.94%, falling from an opening level of 2548.11 to 2461.35, with trading volume exceeding 1776 billion yuan.

The Shenzhen Component Index experienced an even more severe pullback, opening at 9689.16 and closing at 9249.08, a drop of 4.06%!

Those who chased the high prices suffered total losses.

The radicals will leave no one alive.

Those who remained out of the market and those who focused on defensive sectors were somewhat spared from a severe decline in their grades.

……

Shanghai University of Finance and Economics Library.

Study area in the financial analysis room.

Zhang Yang stretched. He had anticipated the market decline, but to his surprise, the defensive sector, coal, also fell.

What is the rate of return?

Zhang Yang glanced at him and asked.

He Jing, standing to the side, moved her laptop to show her securities account and said, "It's a bit of a pity. Today was a day of widespread decline, with hundreds of stocks hitting their daily limit down. My account also suffered a loss, with the return rate stuck at 57.4%."

“That’s already impressive. Buffett only makes 25% a year, so this is double that in a month,” Zhang Yang said casually.

“This is a demo account, how can it compare to a real account? A real account has to consider the difference in funds.” He Jing wasn’t stupid, she clearly knew the differences between a real account and a demo account.

Many retail investors lose money in real trading because they started making money in demo accounts.

He doubled his money on a demo account and thought he was good enough, but when he tried to trade with a real account, he almost lost everything.

Why is this happening?

In two words, mindset.

Even if retail investors lose all their funds in a demo account, they won't feel bad, so they dare to trade.

However, when it comes to actual trading, many retail investors become timid and hesitant, which makes them vulnerable to being attacked from both sides.

Of course.

And the most important point.

That's the money in the demo account; the stock market maker can't see it. But when you put real money into your account, the stock market maker will record it.

This is similar to a balance scale. On one side is the main force's harvest line, for example, 1000 million yuan, and on the other side is the retail investors' entry funds. When the retail investors have entered with 1000 million yuan and the horizontal line is level, the main force's funds have to leave the market.

Buffett's ability to consistently achieve a 25% annual return is a goal that all fund managers and investors aspire to reach.

"What about you?"

“How much did you earn today?”

He Jing countered with a question to Zhang Yang.

Zhang Yang also showed his account. Huaguo Shenhua, which he bought, fell 4.26% in a single day. Since he bought it at the end of the day on the 20th, it has fallen 6.77%. However, Yangtze Power brought a 4.33% increase, with the stock price reaching 11.86 yuan.

"Coal prices have fallen so much?"

He Jing was somewhat surprised.

Logically, the traditional energy sector should be the most resilient to market downturns, but over the past two days, it has actually fallen even more sharply than the securities sector.

Zhang Yang remained unaffected, calmly stating, "That's the allure of the A-share market; no one can guarantee a 100% success rate." Huaguo Shenhua had fallen for two consecutive days, breaking below the 5-day moving average, so he didn't rush to increase his position, but instead waited for an upward signal.

Investing in A-shares requires extreme patience; you must never rush to buy more shares as soon as the price drops.

While averaging down may seem like it can help share costs, that only applies when the stock price is rising. If the stock price continues to fall, not only will the costs not be shared, but you will also be trapped in a deep loss.

"Let's go to class. Professor Wang Xingbang said that many senior students from securities companies will be returning today, so we should be prepared." He Jing, aware of the dangers of the A-share market, quickly changed the subject.

"The class at three o'clock?"

Zhang Yang asked a question.

He Jing: "Yes, 3:15."

"Let's go then."

Zhang Yang first sent messages to Lai Weijie and Xu Zhiruo, then packed up his computer and walked towards the lecture hall with He Jing.

……

And on the other side.

Shanghai University of Finance and Economics, School of Accounting.

Accounting is an A+ level flagship program at Shanghai University of Finance and Economics, far ahead of other finance and economics universities. Graduates of the accounting program at Shanghai University of Finance and Economics are also known as "preparatory students for the Tilanqiao College" (a prestigious college in Taiwan).

At this moment, in the accounting lecture hall, Xu Zhirou, with long, straight black hair and bangs, wearing a Japanese-style custom-made school uniform, looked at the email pop-up in the lower right corner of her laptop and subconsciously clicked to check it.

When she saw the candid photos of Zhang Yang and He Jing leaving the library, she couldn't help but curse inwardly, "Who is this idiot who keeps sending me photos of Zhang Yang interacting with girls?"

Ever since she met Zhang Yang for coffee at Xu Zhiruo's request, her email inbox has been like it's been infected with a virus, with anonymous reports on Zhang Yang's whereabouts constantly coming to her.

In the past ten days or so, she knew everything about the girls Zhang Yang had met, and even knew when he chatted with the dormitory supervisor.

Anyone who didn't know better would think she hired a private investigator to follow Zhang Yang and satisfy her voyeuristic tendencies.

But apart from Xu Zhiruo, only Xu Zhirou herself knew that, apart from liking to watch some erotic anime, she didn't have any other quirks.

At first, Xu Zhirou wondered if Zhang Yang was playing a prank, or if he was trying to get her attention in this way.

After observing for more than ten days, it was basically ruled out that it was a prank by Zhang Yang.

In Xu Zhirou's opinion, if Zhang Yang was trying to find a mate in this way, it was indeed quite perverted and idiotic.

Is Zhang Yang a pervert and an idiot?
Putting aside the issue of his perversion, which Xu Zhirou hadn't explored in depth, the fact that he was mentally challenged should not be related to Zhang Yang.

So she was a little annoyed by the person who secretly reported Zhang Yang's whereabouts to her. If this got out, people who didn't know the situation might think that Xu Zhirou had a penchant for spying on men.

She didn't want to die, couldn't die, and couldn't ruin her image as the "Accounting Goddess" at Shanghai University of Finance and Economics.

……

As Xu Zhirou angrily cursed the person who sent the anonymous email, in Lecture Hall 201 of the First Teaching Building, a group of accomplished and glamorous senior students stood on both sides of the podium.

Tao Yuang, representing Huaxin Securities, was also standing in the podium area, nodding and exchanging glances with Zhang Yang.

Wearing a thick wig, Professor Wang Xingbang, who looked to be only in his forties, picked up the roster and began calling out names.

"Dong Lulu".

"arrive."

"Meng Juncai".

"arrive."

……

"Xu Jiafeng".

"arrive."

"Extroverted".

"arrive."

After calling out the names of the students one by one and confirming that no one was absent, Wang Xingbang announced: "The 45-day Huaxin Simulated Trading Competition has come to an end. Now I will announce the list of the top ten students in the major."

(End of this chapter)