「1:00 PM.」
The stock market opened for the afternoon session.
Yang Qiniang saw that the two stocks he had bought were doing well, trending consistently upward.
This put Yang Qiniang in a great mood.
He originally planned to wait for the price to rise a bit more before selling his shares.
However, a mere two minutes later,
the market suddenly plummeted across the board without any warning.
Yang Qiniang never expected the market to move so fast.
Affected by the market turmoil, the two stocks he had bought began to fall rapidly.
Soon, their prices dropped below his initial purchase price.
"What’s going on?"
Yang Qiniang slammed his hand on the table, his eyes turning red.
The line on the chart was still falling.
Now, Yang Qiniang wanted to sell his shares.
If they kept falling, he didn’t know if he would end up losing the entire fifty million.
’Should I just sell?’
This was the first time Yang Qiniang had ever been in a situation like this.
He was starting to panic.
Vice President Li shook his head. The stock he was in charge of was also falling rapidly.
You could say that, apart from a few rare exceptions,
almost every stock on the market was showing the same trend.
A steep nosedive.
"We absolutely cannot sell. Chasing highs and panic-selling lows is the biggest taboo in the stock market."
Vice President Li gave Yang Qiniang a long, hard look.
He had his own private thoughts on the matter.
Compared to Lin Feng’s seasoned decisiveness in the market, Yang Qiniang was still a bit green.
He probably hadn’t weathered any real storms before.
That was why he was panicking now.
’As a veteran, I should give him a few pointers.’
Yang Qiniang took a deep breath.
The two stocks he was holding had already dropped three percentage points in the blink of an eye.
If this kept up, it wasn’t impossible they would hit the daily limit down.
"What in the world happened?"
"Why is the entire market doing this?"
Yang Qiniang asked, his brow furrowed.
Vice President Li, also frowning at the situation, said, "First, don’t panic..."
After saying that, Vice President Li immediately began contacting some of his industry insiders.
Meanwhile, Yang Qiniang stared anxiously at the screen.
After a frantic four-point drop, the market chart finally stopped its violent fluctuations.
However, it didn’t recover either.
By this point, Vice President Li had probably figured out why the market was in such turmoil.
"The Northbound funds... Tens of billions were inexplicably pulled out, so things started to collapse."
Vice President Li’s brow was tightly furrowed.
There are many large pools of capital in the stock market.
The Northbound funds are a major one.
Furthermore, this capital mainly comes from the market in the far south.
Their access to information is highly sensitive.
As a result, they’re often the first to react to the slightest sign of trouble.
This is precisely why some retail investors follow the lead of the Northbound funds.
Now that the Northbound funds had suddenly pulled out tens of billions, many retail investors followed suit.
That’s what caused the market turmoil.
"So, will it be able to recover?"
Yang Qiniang asked with a sigh.
"Trust me, both of these are popular stocks in booming industries."
"This current volatility is one thing, but their long-term prospects are still good."
As a seasoned veteran, Vice President Li wasn’t fazed by the current fluctuations.
The other two core team members felt much the same way.
"Market volatility is perfectly normal. If you pull your money out now, you’ll just be selling at the bottom."
Just as Yang Qiniang was hesitating,
Lin Feng’s voice sounded from behind him.
Yang Qiniang turned around and saw Lin Feng walking in.
"Brother Feng, we’re already down four points on these."
Yang Qiniang said anxiously.
Lin Feng smiled and patted his shoulder. "Don’t worry. What goes down must come up."
Yang Qiniang let out a long sigh. "Now I finally understand how people get their money tied up in the stock market."
Vice President Li came over with a smile. "That’s just because you’re new to this. I once got stuck holding a stock that hit its limit down for several days in a row."
"But I understand how you feel. Back then, I felt like my world was ending, too."
Seeing that no one else’s expression was so grim, Yang Qiniang finally began to relax.
’Things are already this bad, anyway.’
’Selling is definitely out of the question.’
’Otherwise, I’d just be locking in the loss.’
Once he thought it through, Yang Qiniang was no longer torn. "Whatever. This is just the beginning. I can afford to wait."
After coming to terms with the situation, Yang Qiniang suddenly remembered that Lin Feng should still be holding a stock himself.
"Brother Feng, how’s that stock you’re holding doing?"
Lin Feng walked directly over to their computer.
"My stock hit the daily limit up, have you forgotten?"
Lin Feng looked at Yang Qiniang with an amused, knowing smile.
Yang Qiniang slapped his forehead. "That’s incredibly lucky! Trading is halted for the day after it hits the limit."
"You perfectly dodged this whole volatile period!"
The others in the office also looked on with a touch of envy.
Although there was no telling what would happen when the market opened the next day,
the fact that he’d avoided this turmoil, combined with the market’s current optimism toward immunity-boosting drugs,
meant it was hard to say if the stock would fall tomorrow at all.
Even as they talked, none of them took their eyes off the screens.
Everyone was still staring at the stock charts on the screens.
Then, something unexpected happened.
After that brief period of volatility, the two stocks actually began to rise slightly.
"Is it about to turn positive?"
Yang Qiniang said expectantly.
"That’s the stock market for you. Its appeal lies in this very uncertainty."
Lin Feng found a seat and sat down.
Sure enough, over the next half hour,
the stock market proved Lin Feng’s words true.
Most stocks began to rally,
gradually clawing their way out of the trough.
Just as Vice President Li had said,
these two stocks were in a fairly strong position.
During the afternoon rally, their prices recovered very quickly.
"It’s back! We’re breaking even now!"
Just getting back to his entry price was enough to make Yang Qiniang ecstatic.
After all, just a short while ago, he had been down several million.
How could he not be happy now that the price had recovered?
"You have two options now. The first is to protect your capital. The current volatility isn’t over yet."
"If you sell the shares now, at least you won’t take a loss,"
another investment expert on the side advised.
"The other option is... to keep your money in and wait it out,"
Vice President Li added.
"The choice comes down to whether you want to take a risk or... play it safe and break even."
Yang Qiniang hesitated.
After all, he had just endured that four-point drop.
He instinctively glanced at Lin Feng.
Lin Feng didn’t say a word, simply sitting there and giving Yang Qiniang an encouraging smile.
Yang Qiniang gritted his teeth and declared, "I’m leaving it in."
"I’ve already weathered a four-point drop. I think I can handle any future volatility."
Some people agreed with Yang Qiniang’s decision.
But others felt his decision was too risky.
Lin Feng, however, admired Yang Qiniang’s resolve.
Yang Qiniang himself probably didn’t even realize it,
but he was, imperceptibly, growing...
Reading settings
Size
18
Font
Alignment
Theme
Spacing
1.7
Width
Original text
Progress marks
Becoming a Billionaire by Awakening a System — Chapters
1
Chapter 1
2
Chapter 2
3
Chapter 3
4
Chapter 4
5
Chapter 5
6
Chapter 6
7
Chapter 7
8
Chapter 8
9
Chapter 9
10
Chapter 10
11
Chapter 11
12
Chapter 12
13
Chapter 13
14
Chapter 14
15
Chapter 15
16
Chapter 16
17
Chapter 17
18
Chapter 18
19
Chapter 19
20
Chapter 20
21
Chapter 21
22
Chapter 22
23
Chapter 23
24
Chapter 24
25
Chapter 25
26
Chapter 26
27
Chapter 27
28
Chapter 28
29
Chapter 29
30
Chapter 30
31
Chapter 31
32
Chapter 32
33
Chapter 33
34
Chapter 34
35
Chapter 35
36
Chapter 36
37
Chapter 37
38
Chapter 38
39
Chapter 39
40
Chapter 40
41
Chapter 41
42
Chapter 42
43
Chapter 43
44
Chapter 44
45
Chapter 45
46
Chapter 46
47
Chapter 47
48
Chapter 48
49
Chapter 49
50
Chapter 50
51
Chapter 51
52
Chapter 52
53
Chapter 53
54
Chapter 54
55
Chapter 55
56
Chapter 56
57
Chapter 57
58
Chapter 58
59
Chapter 59
60
Chapter 60
61
Chapter 61
62
Chapter 62
63
Chapter 63
64
Chapter 64
65
Chapter 65
66
Chapter 66
67
Chapter 67
68
Chapter 68
69
Chapter 69
70
Chapter 70
71
Chapter 71
72
Chapter 72
73
Chapter 73
74
Chapter 74
75
Chapter 75
76
Chapter 76
77
Chapter 77
78
Chapter 78
79
Chapter 79
80
Chapter 80
81
Chapter 81
82
Chapter 82
83
Chapter 83
84
Chapter 84
85
Chapter 85
86
Chapter 86
87
Chapter 87
88
Chapter 88
89
Chapter 89
90
Chapter 90
91
Chapter 91
92
Chapter 92
93
Chapter 93
94
Chapter 94
95
Chapter 95
96
Chapter 96
97
Chapter 97
98
Chapter 98
99
Chapter 99
100
Chapter 100
101
Chapter 101
102
Chapter 102
103
Chapter 103
104
Chapter 104
105
Chapter 105
106
Chapter 106
107
Chapter 107
108
Chapter 108
109
Chapter 109
110
Chapter 110
111
Chapter 111
112
Chapter 112
113
Chapter 113
114
Chapter 114
115
Chapter 115
116
Chapter 116
117
Chapter 117
118
Chapter 118
119
Chapter 119
120
Chapter 120
121
Chapter 121
122
Chapter 122
123
Chapter 123
124
Chapter 124
125
Chapter 125
126
Chapter 126
127
Chapter 127
128
Chapter 128
129
Chapter 129
130
Chapter 130
131
Chapter 131
132
Chapter 132
133
Chapter 133
134
Chapter 134
135
Chapter 135
136
Chapter 136
137
Chapter 137
138
Chapter 138
139
Chapter 139
140
Chapter 140
141
Chapter 141
142
Chapter 142
143
Chapter 143
144
Chapter 144
145
Chapter 145
146
Chapter 146
147
Chapter 147
148
Chapter 148
149
Chapter 149
150
Chapter 150
151
Chapter 151
152
Chapter 152
153
Chapter 153
154
Chapter 154
155
Chapter 155
156
Chapter 156
157
Chapter 157
158
Chapter 158
159
Chapter 159
160
Chapter 160
161
Chapter 161
162
Chapter 162
163
Chapter 163
164
Chapter 164
165
Chapter 165
166
Chapter 166
167
Chapter 167
168
Chapter 168
169
Chapter 169
170
Chapter 170
171
Chapter 171
172
Chapter 172
173
Chapter 173
174
Chapter 174
175
Chapter 175
176
Chapter 176
177
Chapter 177
178
Chapter 178
179
Chapter 179
180
Chapter 180
181
Chapter 181
182
Chapter 182
183
Chapter 183
184
Chapter 184
185
Chapter 185
186
Chapter 186
187
Chapter 187
188
Chapter 188
189
Chapter 189
190
Chapter 190
191
Chapter 191
192
Chapter 192
193
Chapter 193
194
Chapter 194
195
Chapter 195
196
Chapter 196
197
Chapter 197
198
Chapter 198
199
Chapter 199
200
Chapter 200
201
Chapter 201
202
Chapter 202
203
Chapter 203
204
Chapter 204
205
Chapter 205
206
Chapter 206
207
Chapter 207
208
Chapter 208
209
Chapter 209
210
Chapter 210
211
Chapter 211
212
Chapter 212
213
Chapter 213
214
Chapter 214
215
Chapter 215
216
Chapter 216
217
Chapter 217
218
Chapter 218
219
Chapter 219
220
Chapter 220
221
Chapter 221
222
Chapter 222
223
Chapter 223
224
Chapter 224
225
Chapter 225
226
Chapter 226
227
Chapter 227
228
Chapter 228
229
Chapter 229
230
Chapter 230
231
Chapter 231
232
Chapter 232
233
Chapter 233
234
Chapter 234
235
Chapter 235
236
Chapter 236
237
Chapter 237
238
Chapter 238
239
Chapter 239
240
Chapter 240
241
Chapter 241
242
Chapter 242
243
Chapter 243
244
Chapter 244
245
Chapter 245
246
Chapter 246
247
Chapter 247
248
Chapter 248
249
Chapter 249
250
Chapter 250
251
Chapter 251
252
Chapter 252
253
Chapter 253
254
Chapter 254
255
Chapter 255
256
Chapter 256
257
Chapter 257
258
Chapter 258
259
Chapter 259
260
Chapter 260
261
Chapter 261
266
Chapter 266
269
Chapter 269
271
Chapter 271
277
Chapter 277
278
Chapter 278
279
Chapter 279
280
Chapter 280
Comments
Log in to leave a comment.