Chapter 12: "If You Can't Learn from the Boss, Just Lie Down"
When Fang Hong said this, his tone was casual and matter-of-fact, as if it was an obvious truth. Cao Chenghui, having witnessed the boss's skill in trading firsthand, felt it was only natural. After seeing Fang Hong's ability to make profitable game trades with ease, he had no doubts left. Wasn't it simply a matter of watching the limit stocks rise every day? To the boss, it was just another routine task.
At 9:30 AM, as the stock market opened, Cao Chenghui paid close attention to the market situation. He entered the stock code 600975, for a company named Xinwufeng. This was a stock they had entered the previous day, and today it opened with a strong gain of +5.31% at a price of 10.90 yuan.
Fang Hong remained calm and unbothered as he observed the market's movements. Cao Chenghui also stayed silent, waiting for any further instructions from the boss.
As time passed, the stock initially moved higher, then slightly retraced along the average price line. It began to fluctuate upward once again, and by 10:00 AM, it hit the daily limit.
At that point, Fang Hong swiftly took action on the trading account. Without looking away from the screen, he instructed, "Clear the board."
Cao Chenghui followed suit, executing the trade and then saying, "Cleared and sold."
Next, Fang Hong immediately set his sights on a new stock from the optional list: 002165, Hongbaoli, a Shenzhen-listed company. This stock had opened lower by approximately 0.5%, but after the market opened, it started climbing.
Fang Hong quickly explained, "Enter directly, but break it down into loose orders. Don't set the price limit or sweep up all the shares at once."
His current capital was around 230,000 yuan, and since the main funds hadn't yet moved in this stock, it was the perfect opportunity. By entering, he could influence the stock's price enough to push it up by 2-3% within a short period.
Cao Chenghui, following Fang Hong's instructions, split the funds into twelve separate orders.
By around 10:10 AM, Fang Hong had completed the transaction, securing 18,000 shares at an average price of 12.85 yuan. Cao Chenghui's transaction was slightly higher, with an average price of 12.93 yuan.
A few minutes later, the stock price of Hongbaoli surged by more than 4%, and by 10:43 AM, the stock hit the daily limit, reaching 13.83 yuan, a +10.02% increase.
Looking at the account's data, Fang Hong was satisfied with the results:
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Holdings:
Stock: Hongbaoli (002165)
Shares Held: 18,000
Average Purchase Price: 12.85 yuan
Current Market Price: 13.83 yuan
Market Value of Position: 248,900 yuan
Daily Profit: +37,600 yuan (+17.63%)
Floating Profit: +17,600 yuan (+7.62%)
Total Assets: 249,300 yuan
Cumulative Profit: +263.14%
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Looking at the data, Fang Hong said with a smile, "Today's gain is more than 17%, not bad."
Cao Chenghui couldn't help but sigh. "To be honest, if I told someone that I earn more than 15% every day, no one would believe it."
Despite the market being capped at a 10% daily limit, Fang Hong had made two profits on the same day by cleverly utilizing short-term movements. He sold the stock once it reached the daily limit, took the first profit, and then immediately moved into another stock, making a second profit from that. The strategy was effective, allowing him to far exceed the daily limit's cap.
Cao Chenghui had once thought that by copying the boss's moves, he might gain some insight. Even if he learned just a fraction of Fang Hong's skills, it would benefit him immensely. However, after spending a few days shadowing him, Cao Chenghui realized this was no simple task.
How could he ever learn such a skill?
He thought to himself, even if the boss personally taught him, it would still be nearly impossible to grasp.
"Learn? Learn what? Just lie down and copy the boss's moves. That's the only way," Cao Chenghui concluded with a chuckle.
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The following day, Wednesday, August 6th:
After the call auction ended and the market opened, Fang Hong, with his usual calm demeanor, spoke again. "When the market opens at 9:30, hit the decisive point and sell at the limit price. Don't hesitate, or you'll miss out on the premium."
Cao Chenghui nodded eagerly. "Got it!"
As the market opened, Hongbaoli rose quickly, hitting +3.40% in the first minute. At that moment, Fang Hong decisively said, "Clear and leave!"
Cao Chenghui followed his boss's instructions without hesitation.
Just one minute before the market opened, they sold off approximately 3.44 million yuan worth of Hongbaoli shares.
By the time the stock price began to dive, Fang Hong had already completed the transaction. He immediately moved to another stock, Yue Media (002181), a Shenzhen-listed stock.
When he placed the order, he said, "Split it into three or four loose orders. This one's going to rise."
Cao Chenghui obeyed without question. The previous three days had seen Yue Media experience two rounds of limit-up trading, but yesterday it had suffered a sharp 7% drop. However, Fang Hong believed the stock would bounce back soon, and he was willing to take the risk.
At this point, Cao Chenghui had complete trust in Fang Hong's strategies. He knew that following the boss's instructions was the safest bet.
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