High School Belle Fell in Love with Me-Chapter 259 - 151: Master Jiang Says: Stock Trading Is Just a Scam! (2)
Li Yang was surprised when he saw it because Jiang Banxia’s account was quite aggressive.
Not aggressive in terms of profits, but aggressive in terms of leverage.
Just as Li Yang was about to speak, Jiang Banxia gestured for silence and pointed toward Jiang Yaoting in front.
It was Dou Ying who provided her with the leverage, and she hadn’t dared to tell her father.
Once her dad found out she’d leveraged eight hundred million, he’d surely go crazy.
Jiang Banxia was all in, chasing profits without reservation.
When they got to Jiangbei High-speed Railway Station, after the two got off, Li Yang asked, "Can you handle this much money?"
Jiang Banxia said in surprise, "I thought you would say I’m too reckless."
Anyone else would surely think she was crazy, but not Li Yang; he was only concerned if she could manage it all.
This kind of deep trust was irreplaceable. Even Dou Ying, after seeing her raise two hundred million, was persuaded over several days before agreeing to provide her with leverage.
If she were to go bust, the Jiang Family would lose everything.
Even losing twenty or thirty million was more than the Jiang Family could bear.
Not to mention leveraging eight hundred million, theoretically, she could lose it all.
Li Yang smiled and said, "Actually, I’m conservative."
"Huh?"
"I think you’re being a bit too conservative now."
"Hhh..."
Both were in first class, not eligible for student discounts.
After getting on, Jiang Banxia sat by the window, while Li Yang went to buy a lunch box.
It was already one in the afternoon, and because they were in a rush, they hadn’t had time to eat in Jiangbei.
Jiang Banxia stared at the screen; her aggressiveness was driven by a desire to quickly achieve a goal.
When the time came, she’d take care of Li Yang directly!
On the second trading day of March, the market was intensely volatile. Yesterday, Dongcai hit the limit up, but she hadn’t managed to invest much, and today Dongcai opened lower, so she started gradually adding to her position.
After eating, Dongcai stayed two points underwater, with Li Yang watching beside her.
With over an hour left until the market closed, Dongcai’s trading volume had already surpassed four billion.
Li Yang asked, "The funds in there are really complex, huh?"
Jiang Banxia calmly said, "It’s not complex. If you really analyze stocks, you’ll find the funds inside are quite simple. It’s like a village, where some make money selling breakfast, others make money selling clothes."
"Everyone’s making money, so who’s losing money?"
"Two types of people lose money. First, entrepreneurs, like those selling breakfast or clothes; they couldn’t compete and lost. Second, those who made money outside and come home to spend it; they’re good people who share profits with everyone."
Li Yang continued, "So how do you make money?"
Jiang Banxia chuckled, "I make money through scamming."
"Hmm?"
"Hh, stock trading is actually a lot like a role-playing game. Whatever role you play, there’s potential to earn or lose money. But I’m shameless; if today the breakfast shop makes money, I’ll open a breakfast shop, and the next day I’ll sell it at a high price and open a clothing shop. Because after I make money with the breakfast shop, another opens nearby... I keep switching roles, entering whichever industry makes money. Once I’ve cycled through all of them and trapped others, I have to switch stocks. Doesn’t it sound just like scamming?"
Li Yang: "..."
Jiang Banxia continued, "See this K-line; today, there were several times when it could have broken, but I pulled it back each time. The market for Dongcai is big, and I can’t open a shop alone; I need partners. How do you find partners? You look for like-minded people. When it looks like it’s breaking, I pull it back, and someone will notice my funds. Similarly, sometimes before I act, someone else pulls it back, and I’ll notice their funds as well.
After multiple tests, when you’ve found suitable partners, you can reveal your hand, like now."
As Jiang Banxia spoke, she started operating, simply placing a massive order, at one point above the waterline, directly putting in two hundred million.
Almost instantly, Dongcai’s chips below one point were cleared out, while Jiang Banxia only managed to transact one hundred and sixty million.
She didn’t place any more orders, allowing her remaining tens of millions to hang below.
"I’m sending a signal to my partners now; there’s still forty million accepting below, giving my partners enough confidence. I can’t be too greedy; if I’m too greedy, others won’t have profit space, and they won’t play with me."
As she finished speaking, there was another large influx of funds, and Li Yang saw that the trading volume increased by nearly eight hundred million in a short period, and Dongcai was pushed up by seven points above water.
There’s still a bit of distance to sealing the board, and these last three points are often the hardest.
"Hmm, it’s about enough now. Partners have contributed money and profits, so now it’s about maintaining our market position. Since we’re all playing the scamming game and want to attract others, we have to keep the market flourishing. If our shares aren’t enough, we don’t need to rush to seal the board, we can take in some high-position chips. But if our shares are enough, we shouldn’t waste time. I’m going to try sealing the board now, to see my partners’ chip situation."
With that, Jiang Banxia placed another order for two hundred million.
A brief board sealing touched the limit, but it didn’t hold and was soon broken through.
