Life in the world of film and television

Chapter 104 Layout Admission
Therefore, Li Mu also joined in, discussing the recent market with everyone, lamenting that the market is hot, and further understanding the mentality of ordinary stockholders, so as to facilitate the next operation and cut leeks.

As soon as he opened an account, he heard that his capital was not small, and someone immediately recommended OTC allocation to him.

This reminded Li Mu of a piece of news he had read, which mainly introduced the big market in 2015.He still doesn't remember much of the content, but he only remembers that experts call this round of bull market "leveraged bull". It was blown up with leverage.

In addition to the internal leverage of the brokerage, it is said that during the peak period, trillions of funds were poured into the stock market through off-market allocation of funds.

It is this round of leverage that has completely propped up this bull market, making this bull market vividly known as "leveraged bull."

There are many reasons. One of the main reasons is that the current supervision is not strict. Major brokerage firms and capital allocation companies are scrambling to enter the market one after another to increase leverage for shareholders. In July, the country launched a heavy blow, and this round of bull market came to an abrupt end.

Then the flying flow went straight down three thousand feet, and there were nine thousand-share limit-downs, countless stockholders were trapped, and countless people broke their positions, which can be described as terrible.

Therefore, you need to be cautious when trading in stocks, and use as little leverage as you can, unless you can predict the general trend.

……

Hearing that funds can be allocated from off-market, Li Mu is quite interested. Knowing the future trend, the more funds he can mobilize, the better.

After communicating with the staff of the brokerage firm and the staff of the distribution company, Li Mu learned more details.

Many large securities companies in this world will choose a few reliable capital allocation companies to cooperate with, and Huaxin Securities is no exception. Several cooperative capital allocation companies start with tens of billions of funds in their hands.

Li Mu considers that with the rise of Baofengyingyin's stock price in the future, the value of the stocks he holds will also increase. If the holdings are too concentrated, it is easy to attract attention, so it is better to keep a low profile.

In the end, it was decided to diversify the risks and diversify the funds to multiple securities companies and the capital allocation companies that cooperate with them, which can avoid some additional risks and reduce the degree of attention.

In the next two days, Li Mu went non-stop to seven large securities companies, including Huaxin Securities, and the capital allocation companies they cooperated with, and signed a capital allocation agreement.According to the requirements of the distribution company, a special distribution supervision account has been opened.

Transfer 50 to each account, five times the capital allocation, 250 million, plus the principal, the funds that can be mobilized in each account are 300 million.

There are a total of seven accounts, and the total amount of funds that can be transferred is as high as 100 million.

I heard that some small capital allocation companies even dare to offer ten times the leverage, with a principal of 100, and allocate [-] million for you, but the risk is too high, and a slight fluctuation will blow up the position.

The larger the formal capital allocation company, the less it is to play such extreme operations. After all, it is not just a grab and go, and long-term interests and impacts need to be considered.

Li Mu's five-fold capital allocation is not bad.

……

Time passed quickly, and it was March 24th in a blink of an eye. At nine o'clock in the morning, Li Mu was already getting ready in the study.

The stock trading software of the seven brokerages were also opened and the prices were set. Only at [-]:[-], the call auction began.

Time passed by every minute and every second, Li Mu's eyes were fixed on the screen, knowing the future trend of Baofengyingyin, he must cherish every minute and every second, and enter the market first when the stock market opens.

When the time officially reached 7.14:7.85, the stock market call auction began. The Baofengyingyin issue price was 3821 yuan, and Li Mu directly set the daily limit of [-] yuan, buying all positions, [-] shares per lot, a total of [-] lots.

After finishing the first software order, Li Mu clicked on the next one. Within 40 seconds, he clicked on seven softwares in succession. With 100 million funds, all the positions were full and the daily limit was placed, with a total of 26747 lots of trading applications.

After all these operations were completed, Li Mu had time to look at Baofeng Video's call auction situation. Within 40 seconds, the total number of orders had reached [-], and it was still rising rapidly.

Li Mu breathed a sigh of relief, secretly thinking that it was a fluke, if he was a minute late, it would be difficult to say whether he would be able to enter the arena today.

At [-]:[-], the growth rate of the orders gradually slowed down, and many sales orders came out one after another.

As for why there are so many buy orders with daily limit, Baofengyingyin’s momentum is strong, and there are still so many sell orders posted, it’s not that they can’t see those buy orders with daily limit, but because they are afraid of being deceived.

There are three time periods for call auctions. The first time period is 9:15-9:20: orders can be placed or canceled.

Pending orders in this time period are the most unbelievable, because they cannot be filled immediately and can be canceled at any time.

If you see that a stock has many single-listed daily limit at this stage, you originally wanted to sell it, but you think today's market is good and you don't sell it.Or when you see so many orders, your heart is ready to move, and you quickly put up orders to chase the rise.

However, you don't know that these big orders will be canceled in the last few seconds close to [-]:[-], leaving those of you who follow the trend to hang on the daily limit board, and it is too late to cancel the order.

They took this opportunity to place a sell order and sell the stock at a high price.

Therefore, during this time period, no matter how attractive the call auction list is, you can't believe it too much. Most investors who have learned lessons will still buy and sell according to their own rhythm.

The second time period is 9:20-9:25. The orders at this stage are the most authentic. Only pending orders are allowed, and no cancellations are allowed.

The call auction stage is officially completed at 25:[-], and the transaction price at this point is the opening price of the stock today.

第三个时间段9:25-9:30：开盘前5分钟，只接受申报不会做任何处理，这5分钟下单申请在券商系统里暂临时存放，上传到交易所的时间是9:30。

Li Mu stared at Baofengyingyin's centralized bidding interface, and the time soon entered the second stage. At 25:7.85, the opening price of the day was officially confirmed at [-] yuan, which was also the daily limit price of this stock.

During the opening bidding stage, 17872 lots were finally sold.

According to the trading rules, price is prioritized and time is prioritized.Since they are all trading at the daily limit and the price is the same, the one whose order is placed earlier will have the priority to close the deal.

The orders placed by Li Mu sold more than 5000 lots during the call auction stage. Obviously, the two orders he placed first were sold.

As the time came to [-]:[-], the stock market officially opened for trading, and Baofengyingyin was still firmly hung on the daily limit board by a large number of orders.

There are not many sales orders here and there, with ten or eight lots, dozens of lots, or a few hundred lots, and pitifully few sales orders exceeding a thousand lots.

.........

(End of this chapter)