Becoming the King of Bottom Fishing After Going All-In on A-Shares

Tuesday, July 23th.

The trading hall of Galaxy Securities was packed with people, with a large number of students gathered together, which was quite a sight.

At 9:10, Lu Chenzhou looked at the 50 yuan that had been deposited into his account and remained silent for a while.

He never expected that by each person contributing a few hundred or a few thousand, they could actually raise 50.

The only downside is that you can't add leverage.

If you add 10 times leverage, 50 can instantly become 500 million. A single limit-up can bring you 50, and you can take off immediately.

However, after glancing at the densely packed classmates around him, he realized he didn't have that opportunity.

"The Dow Jones Industrial Average fell 372.75 points last night, closing at 11015.69, a drop of 3.27%."

The S&P 500 fell 47.99 points to close at 1207.09, a drop of 3.82%.

The Nasdaq Composite Index fell 94.92 points to close at 2178.98, a drop of 4.17%.

Market skepticism regarding the effectiveness of the US bailout plan is fueling panic, which could drag down the A-share market.

A slightly trembling female voice sounded beside him, and Lu Chenzhou turned his head to look.

Wen Zhiyu, who is 1.75 meters tall, wore a light brown fitted base layer with loose-fitting casual pants. Her clothing was conservative, but it couldn't hide her curvaceous figure.

As the second largest investor in this fundraising effort after Xia Yaozong, she was so nervous that her voice trembled.

Lu Chenzhou gave a faint "hmm," then looked away and gazed at the trading screen, which had not yet opened.

With only twenty minutes left before the opening, the discussions in the hall grew increasingly anxious, the students' faces were tense, and their hands, clutching their investment vouchers, were sweating profusely.

The shadow of the US stock market crash weighed heavily on everyone, and they couldn't help but whisper among themselves about whether they should immediately withdraw their funds to avoid the risks.

However, looking at the students present, I felt that running away now might make me seem less daring.

Besides, since everyone has already invested, we'll all die together, and the market will crash together; nobody can escape.

At 9:30, the opening bell rang precisely on time, and the negative impact of the overnight plunge in US stocks was completely priced in, instantly tensing the atmosphere in the trading hall.

The Shanghai Composite Index opened 27.29 points lower at 2209.12, with selling pressure immediately emerging and panic spreading across the market.

The Shenzhen Component Index opened lower and continued to decline, heading straight for a sharp drop right from the start.

Trading volume in both Shanghai and Shenzhen markets shrank significantly compared to the previous day, with investors adopting a wait-and-see attitude.

The frenzied bullish atmosphere ignited by the previous market rescue has vanished overnight.

The market showed signs of divergence right from the opening bell, with heavyweight stocks barely managing to support the index, while small and mid-cap stocks collectively plummeted.

The securities sector bucked the trend and rose, while the real estate and consumer sectors suffered heavy losses.

The overwhelming financial losses made the already nervous students even paler.

CITIC Securities, the focus of everyone's attention, opened at 19.11 yuan, nearly three points lower than the previous day's opening price.

Almost at the moment the market opened, Lu Chenzhou's fingers flew across the trading terminal.

Without the slightest hesitation, the entire 500,000 yuan raised was used to place an order to buy CITIC Securities, with the transaction price precisely at the low of 19.11 yuan.

This move, going all in at the open, instantly caused an uproar among the people in the hall.

"Are you crazy?! They opened so low and still went all in?"

"Brother Lu, if we try to buy at the bottom halfway up the mountain, we'll lose all our principal."

"Holy crap! I shouldn't have voted. Lu Chenzhou has gone mad, he's really gone mad."

"Hey! I should have run away. I shouldn't have been so cowardly. I should have broken the contract before the deal was made. Now I can't even run away."

"It's over, it's over, all the money I invested is probably going to go down the drain."

A chorus of doubts and panicked voices rose and fell. Several timid students turned pale, clutching their investment slips and stamping their feet in frustration, muttering repeatedly, "It's all over, it's all over."

Some people even had tears in their eyes, secretly wiping away their tears, fearing that they would lose all of their money.

Wen Zhiyu, who was already under great tension, was now even more tense, barely daring to breathe, her eyes fixed on the intraday chart of CITIC Securities.

If she loses this money, she might do something drastic, because it's her lifeline.

The surrounding noise, accusations, and panic seemed irrelevant to Lu Chenzhou, who remained motionless as he stared at the screen.

Fortunately, in less than a minute, a huge number of buy orders suddenly appeared on the order book, and mysterious funds surged into the market, frantically devouring the low-priced sell orders like hungry tigers pouncing on their prey.

CITIC Securities' stock price, which had opened lower, suddenly surged.

19.30, 19.60, 20.10, 20.50...

The numbers jumped rapidly, and the stock price soared, with the intraday fluctuation exceeding 8% in an instant.

The noise in the trading hall came to an abrupt halt, and the previous doubts and panic vanished instantly, leaving only a chorus of gasps.

Immediately afterwards, an uncontrollable uproar and discussion erupted.

"Holy crap! It's up! It's really up!"

"My God, that's incredible! That's amazing!"

"Who just said Brother Lu was crazy? This isn't madness, this is divine foresight."

"I was so scared! I thought we were going to lose everything. Brother Lu is awesome."

"Brother Lu is awesome! Brother Lu is amazing!"

Lu Chenzhou wasn't surprised by everyone's reaction. If they made money, they were Brother Lu; if they lost money, they were Dog Lu.

Wen Zhiyu's tense body suddenly relaxed, and she subconsciously leaned closer to Lu Chenzhou, her voice filled with relief at surviving a disaster: "It's gone up, it really has gone up, you're amazing."

Lu Chenzhou smelled the faint scent of soap and nodded slightly: "Don't be too happy yet, we have to see how things go at the end of the trading day."

As soon as he finished speaking, someone nearby immediately chimed in, their tone full of admiration: "Whatever Brother Lu says goes, we believe you."

"From now on, I'll follow Brother Lu and never mutter nonsense again."

"Follow Brother Lu, and you'll live the high life."

"Trust Brother Lu, Brother Lu's trading skills are absolutely top-notch."

"Yes! Brother Lu stared at the screen the whole time without moving an inch. His composure is truly remarkable."

Amidst the boisterous cheers, some people had already begun to pull out calculators to calculate their profits.

The originally somber trading hall instantly transformed into a sea of ​​joy.

However, the market did not continue its upward trend afterward; instead, it experienced a slight fluctuation and decline.

After CITIC Securities surged to 20.77 yuan, short-term profit-taking began, causing the stock price to pull back slightly. It then traded sideways around 20.1 yuan, with the bulls and bears still locked in a stalemate.

The students, who had just breathed a sigh of relief, were on edge again. Their cheers gradually subsided as they stared intently at the fluctuations on the intraday chart, barely daring to breathe.

"Why did it fall down again? Is it going to dive?"

"Ugh! This is so frustrating! It keeps going down and then up, then down again. Is it going up or down?"

"Don't panic, don't panic. Brother Lu said to watch the closing price; it will definitely hold."

"Yes! We have to trust Brother Lu. If Brother Lu says there's no problem, then there's definitely no problem."

Someone muttered under their breath, their tone tinged with apprehension, and the calculator in their hand froze in mid-air.

Wen Zhiyu clenched her fingers again, the relief in her eyes fading and replaced by anxiety.

She didn't disturb Lu Chenzhou again, but stood quietly beside him, waiting for the market to close.

Time ticked by, and in the final fifteen minutes before the close of trading, the securities sector rallied again.

As selling pressure gradually subsided, CITIC Securities' stock price stabilized above 20.10 yuan and did not experience any further significant decline.

"It's stable, it's really stable."

"The market is about to close, no problem, we're definitely going to make a profit today."

"Great! A great start, I'm definitely going to win big."

"Not bad, not bad, Brother Lu has a big heart, he was the most stable the whole time."

Suppressed cheers erupted from the crowd again, and the tension in everyone's hearts slowly eased.

At 3:00 PM sharp, the closing bell rang precisely on time, and the numbers on the market display screen froze completely.

CITIC Securities closed at 20.15 yuan, up 2.44% for the day.

In that instant, the trading hall erupted in cheers and applause, reaching the ceiling several times more enthusiastic than before.

Lu Chenzhou opened his own account holdings to check the returns.

Holding stock: CITIC Securities (600030)

Number of shares held: 38900

Historical average transaction price: 15.42 yuan

Today's closing price: 20.15 yuan

Today's portfolio value: 783835.00 yuan

Today's profit/loss: 18672.00 yuan (2.44%)

Total floating profit/loss: RMB 183497.00 (30.67%)

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I also checked the holdings in the fundraising account.

Holding stock: CITIC Securities (600030)

Invested principal: 500000.00 yuan

Today's average transaction price: 19.11 yuan

Number of shares held: 26164

Today's closing price: 20.15 yuan

Market value of holdings in the fundraising account: 527210.56 yuan

Daily profit/loss: 27210.56 yuan (5.44%)

Total floating profit/loss: RMB 27210.56 (5.44%)

A group of people beamed with joy as they looked at the profits in their fundraising account.

"The market closed at 20.15, up more than two points, but we bought at the bottom, so we made more than five points. It's absolutely fantastic."

"I've calculated it. We made 27,000. With a principal of 500,000, we made a net profit of 27,000 in one day."

"Brother Lu is amazing! He bought at the bottom after the market opened low and made a profit against the trend. I could never learn this trick in my entire life."

"Where are the people who were just cursing Brother Lu? They should kneel down and apologize right now. This isn't crazy, this is a god of wealth."

Lu Chenzhou glanced at the crowd praising him, then packed his things to leave.

As people watched Lu Chenzhou about to leave, they bombarded him with questions.

"Brother Lu, are you coming again tomorrow?"

"Brother Lu, what's your outlook for CITIC Securities tomorrow?"

"Brother Lu, can I buy things with you?"

The bald man stood on the periphery of the crowd, looking at Lu Chenzhou who was surrounded by people, with a complicated expression in his eyes.

He recalled what Lu Chenzhou had said yesterday: "News is not important; trends and human nature are the most accurate indicators in the stock market."

At the time, he was still skeptical.

Today, the US stock market plummeted at the opening, causing the broader market to open lower and creating panic among everyone.

Only this young man sat there, motionless, and then precisely pressed the buy button.

The bald man muttered under his breath, "Damn it, why didn't I buy it from him back then?"

He took out his phone, glanced at the pitiful balance in his account, then looked at Lu Chenzhou, who was being fawned over by everyone, and gritted his teeth.

I must buy it tomorrow.

Even if it's just one unit.