My Multiple Identities Revealed After Marrying the Bigshot -
Chapter 122: Cannot Rule Out Manipulation by Someone Within
Chapter 122: Chapter 122: Cannot Rule Out Manipulation by Someone Within
Xia Jinqiao raised his head, "I now fully understand why you married him so early."
"This face is even more handsome than a celebrity’s!" Mo Yuchun exclaimed.
Lu Youxi put away the marriage certificate and asked them, "Was that what you were discussing so animatedly just now?"
"No," Lu Xiaohui explained, "we were talking about stocks."
Lu Youxi was surprised, "You’re interested in stocks too? I never heard you discuss them before."
"Since we study economics, of course we need to pay attention," Lu Xiaohui said, her eyes shining. "We were just discussing the recent stock market, saying it’s a major bull market. Moreover, the stock of Baixin Technology is quite cheap now and its growth is particularly strong. We were discussing whether we should buy some."
Xia Jinqiao nodded, "Although they say not to chase highs, it just started to rise and I think it’s still not too late to buy, just that we’ll earn a bit less."
Mo Yuchun followed up by saying, "My parents not only give me living expenses but also an extra bit of pocket money. It’s not much, but I want to try using it. If I earn, then it’s like having more pocket money; if I lose, then I’ll take it as paying tuition. It’s not much, so even if I’d still be upset, it would be a bearable upset."
"Right," Lu Xiaohui nodded, "We all study economics, so it’s inevitable that we’d deal with this."
"Youxi, do you want to try?" Xia Jinqiao asked. "Didn’t you get a scholarship? You don’t have to spend it all, just use a little bit to try your hand."
Lu Xiaohui and Mo Yuchun both nodded.
They also remembered that Lu Youxi needed to save money to invite her parents and brother to visit Imperial Capital, so they didn’t dare to urge Lu Youxi to spend it all.
Lu Youxi felt a bit embarrassed and said, "I didn’t know you were also interested in stocks; actually, I’ve already bought some of that stock."
Lu Youxi faced three shocked faces.
"Ah! When did you buy it?" Lu Xiaohui asked excitedly, grabbing Lu Youxi, "How much was it when you bought?"
"I bought it just a few days ago, when the price was still quite low," Lu Youxi explained.
"What else don’t we know about you! Good at studies and even knowledgeable about stocks?" Xia Jinqiao exclaimed.
"I do know some," Lu Youxi said, her knowledge not just from memories of her past life but also genuinely understanding stocks.
In her past life, she also invested in some.
Especially later, when her position was higher, her insight became sharper, and her predictions were quite accurate.
"So, do you think it’s suitable for us to buy now?" Mo Yuchun quickly asked.
Lu Youxi knew that the stock still had quite a bit of room to rise and said, "It’s okay for you to buy now, but you mustn’t be greedy. Many stockholders always think their stocks are doing well and, with a gambler’s mentality, think that since today it rose, maybe tomorrow it will continue to rise. They can’t bear to sell it. So you mustn’t be greedy, it’s better to earn a little less and sell in time. Always remember, the money in your hand is what you truly have earned."
"You can buy, but when I sell, you must sell too, and not hesitate," Lu Youxi instructed them.
Because Lu Youxi knew this wasn’t a normal fluctuation but a bear market was closely following.
"Alright!" Xia Jinqiao nodded heavily, "I’ll definitely follow your advice."
Lu Xiaohui and Mo Yuchun also said, "Me too."
"However, what exactly do we need to prepare to open a trading account?" Lu Xiaohui, though she followed the stock market, was still a layman in practice.
"Here’s the plan, we have no classes on Monday morning, I’ll take you to the exchange to open an account," Lu Youxi said.
The three sighed in relief, "It’s good to have you guide us."
Come Monday, the four of them woke up early and went to the cafeteria for breakfast before heading directly to the exchange.
The exchange had just opened its doors and they went in.
After handling everything, they hurried back to the university.
Just in time for the morning classes.
What Lu Youxi didn’t expect was that the class was all discussing the recent stock market.
Many of them had purchased Baixin Technology’s stock.
Some even held other stocks.
Although everyone had not invested much money, Lu Youxi still reminded them, "It’s best not to hold on too tight. The recent stock market’s movements are quite peculiar."
"No way, the market is doing well lately. I see veteran stockholders analyzing in forums that this year is likely a major bull market," said the boy sitting behind Lu Youxi, named Lv Jinfeng.
"Have you seen a previous bull market?" Lu Youxi countered.
The boy shook his head, bewildered. It was his first interaction.
"In a bull market, we should currently be in the early market. Notable characteristics of a bull market’s early stage include a lack of investor confidence and sluggish market transactions," Lu Youxi analyzed, "But look at the current market. Where is it sluggish? Put it this way, when even stock market laymen are excitedly discussing stocks, it’s already almost at its peak."
"Another characteristic is that the market’s up and down movements are small, but the current rise is so significant, clearly attracting retail investors into the market. Once it’s about time, the big players will leave the scene, leaving behind a mess for retail investors."
Lu Youxi’s words gradually attracted her classmates to gather around her.
Unknowingly, Lu Youxi found herself surrounded by classmates.
"Third, during the early rebound, the index doesn’t rise much but the individual stocks show significant gains, with different sectors and individual stocks experiencing a noticeable cycle of universal rise, followed by a rotational rise, and then a universal rise," Lu Youxi said, "But is it like that now? According to your analysis, this is not a bull market?"
Someone followed up asking.
Lu Youxi shook her head, "In my opinion, this seems like a false bull market, and it contains some stocks that are rising unnaturally. It can’t be ruled out that someone is manipulating it."
"What should we do? I... I have already followed the trend and bought," someone urgently asked.
"Don’t panic. If someone is truly manipulating the market, buying now and getting a taste of the profits isn’t too bad. But don’t be greedy, grab the opportunity to profit, and then sell timely. Like I said, the money that ends up in your pocket is what you’ve really made. In the stock market, any gains you haven’t secured are unreal."
"I’m just afraid that with the current unnatural rise, a major crash might follow soon. So I advise you all, sell after a small profit, don’t hold onto it for too long, I recommend that you take a short-term approach this time," Lu Youxi said seriously.
"Of course, this is just my opinion, if someone thinks they can make a huge profit, don’t blame me if you end up losing. But if someone sells early and the market continues to rise, don’t blame me either," Lu Youxi added calmly, "The stock market is ultimately about personal responsibility for losses and gains."
If you find any errors (non-standard content, ads redirect, broken links, etc..), Please let us know so we can fix it as soon as possible.
Report