Rebirth of the Investment Era.

Chapter 609 Change in Investment Strategy!
Su Yu thought for a while, looked at Liu Yuan, and said, "It is possible to slowly change the way of trading, start taking profit and exiting, slowly adjust the macro investment strategy, and adjust the main positions to the main line of 'big finance'.

However, when taking profit and exiting, you still have to pay attention to the method and method.

At the current stage, despite the two main lines of 'infrastructure' and 'military industry', emotional expectations have reached a climax.

But with stock prices lagging sentiment and expectations, they haven't actually peaked yet.

At this time, we want to withdraw slowly and respond to reduce positions and take profits in advance of the market. Then, first of all, we need to understand the main line of core stocks in our positions, the stock price trend cycle, and the development stage.

After all, even if it is the same main line of investment.

The corresponding concept stocks, core investment stocks, and trend patterns are not completely different.

When we build a position to buy, we pay attention to the concept of "removing the weak and retaining the strong" to build a position. Then when we enter the stage of reducing the position and taking profit in the trading strategy, we must also follow this trading principle and concept, that is, in the trend pattern , there are signs of peaking, or there is a big divergence in the market, and the trend is still not smooth during the climax stage of emotional expectations, obviously unable to keep up with the market, or even weaker holdings of core concept stocks, then you can give priority to reducing holdings and taking profits.

The trend is relatively smooth, the current sentiment and expectations are still advancing, and the main line leading concept stocks with very abundant liquidity.

It is possible to continue to hold positions and let profits continue to run.

As the national soldier said just now...

The two major investment lines of 'infrastructure' and 'military industry', as well as the conceptual sections and themes developed around the main lines of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises' In the industry sector, in the continuous interpretation of the market for almost half a year, too many main funds have been gathered and deposited.

At the same time, after the Shanghai stock index broke through the pressure level, it has undertaken too many off-market incremental funds.

In this case, so much funds are gathered in these core areas.

Except for occasional extreme bearish blows in the market.

As long as the market develops naturally, even if the sentiment and expectations of these major core lines peak in the short term, the buying and selling volume of the stock price will continue to rise and the volume of selling will be out of balance, and it will not be able to continue to make a higher market space, then the market wants to turn around The callback will not be a straight up and down trend.

It is bound to stay at the top of the short-term stock price for a long time.

Otherwise, with so much money entering, there is no way to exit the market at all, which is determined by the sufficient liquidity in the market.

Therefore, at this stage, even if we want to gradually reduce positions and take profits, we don’t need to be too anxious. When we see signals on the disk, we can reduce as soon as we can.

All in all, after the overall trading strategy changes, don't worry about it in operation.

and also……

At present, our company and its main fund products have a very large influence in the domestic asset management industry and even the financial trading market.

In the current market, there are many retail investor groups.

And many major institutional groups, basically, are watching our 'Yuhang Investment' trading strategy in operation and changing.

In this way, in order to avoid the huge fluctuations we have caused to the financial trading market.

And avoid the troubles and influences caused by too many follow suits on our trading strategies in the market.

When we are on the way to reduce positions and take profits, we must carefully avoid the market dragon and tiger list at any time, and we must not expose our trading seats before the overall reduction and take-profit trading strategy is completed. "

Su Yu's words were not just for Liu Yuan.

At the same time, it is also for the entire main fund trading room, the trading team leaders of each group, and the main fund managers of several main fund products.

Liu Yuan nodded and responded with a smile: "Master, I remember."

"President Su, in addition to the fact that emotions and expectations have reached a climax stage, the main chips of 'infrastructure' and 'military industry' that are in line with the strategy of reducing positions and taking profits, as well as 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road',' Stocks held by core concepts such as the reform and reorganization of central enterprises and state-owned enterprises..." Zhao Lijun thought for a while, and asked at this time, "Our holding chips in the direction of 'Internet finance' also need to be compared with 'infrastructure' and 'military industry'. Do these major core and main line holding chips also carry out the operation of reducing positions and taking profits?"

Over the past two months, the two main lines of investment have been in 'infrastructure' and 'military industry'.

And "Asia-Europe Economic Belt", "New Era Road, Maritime Silk Road" and "Reform and Restructuring of Central Enterprises and State-owned Enterprises" have continued to break through, and the trend has been rising steadily, crazily attracting the attention of market investors and absorbing the huge and active market Funding and off-market incremental funding groups come amidst.

The line of 'Internet Finance' is a branch of the main line of 'Technology Growth'.

Despite the support of the holdings of the 'Yuhang System', its trend is still obviously not as good as the core mainline fields of 'Infrastructure' and 'Military Industry'.

Although, there are several main funds of the 'Yuhang Department'.

The investment in the direction of 'Internet Finance' is also extremely profitable at present.

However, Zhao Lijun has an intuition that the direction of "Internet Finance" has not yet reached the point when profits are realized and short-term expectations and emotions are at their peak.

Therefore, he had this question.

Su Yu responded: "The position in the direction of 'Internet Finance' has not reached the short-term expectation and the sentiment is at its peak. When the profit is realized, you can hold the position first."

"I think it's not just that there is no expectation and the emotion is at the peak. In fact, in the direction of 'Internet finance', you can continue to increase your position and do more." While Su Yu was speaking, Li Meng thought for a while and replied, "If the market invests in the main line, After the medium and short-term expectations and sentiments of the core main lines of "infrastructure" and "military industry" peaked, they fell into a shock and callback, and the huge group of main funds that retreated to take profits should look for other investment main lines in the market to form a main line switch.

Then, according to our previous analysis of the macro market trend of the market, and the judgment of the main line market switching.

With such a huge withdrawal of main funds, if you want to keep these main funds in the field, can undertake the continued hype of these main fund groups and active fund groups, and have mid-to-long-term expectations, and the mainline field that can condense emotions, only the "big finance" is the main field. The main line, and until now, the main line of "technical growth" has basically been fully adjusted.

The line of 'Internet Finance' is not only the market branch line of 'Technology Growth'.

It is also the market feeder of 'big finance'.

In other words, if the short-term market peaks in the two main lines of 'infrastructure' and 'military industry' in the market, and after the shock pulls back, if the main line is switched, then... no matter whether the main line of the subsequent market is focused on the direction of 'big finance' Rotation still focuses on the direction of "technological growth", so the market line of "Internet finance" should be unavoidable for funds.

in this way……

I think the market of the line of 'Internet Finance', at this point in time, the real promotion stage should not have come.

Moreover, due to the previous line, it was seriously dragged down by the callback of the main market line of "technological growth".

Both emotional changes and expected changes are relatively low.

It is only because we have some positions in this direction that many funds following our trend have been hoarded in this area, and only a small part of funds have maintained the trend of the market on this line, making this line in recent times. In two months, it barely kept up with the trend of the market.

But in fact, for this line.

It is still a trend pattern that looks strong but actually weak.

In other words, this line, in fact, has not been the mainstream of the market in the past six months. It seems that the overall growth rate of the sector is rising, but in fact its internal bargaining chip structure has been in the adjustment stage. "

"Well, what Mr. Li said makes sense." Su Yu looked at Li Meng with a smile, and still admired and agreed with her market analysis and insights, "If there is a suitable line of 'Internet Finance' Callback opportunities, it is indeed possible to continue to increase positions and do more.”

"Okay!" Zhao Lijun's question was resolved, and he nodded in response.

Start developing a corresponding action plan immediately.

"President Su, in fact, the main lines of 'infrastructure' and 'military industry' are in a series of core concepts and themes that revolve around the core concepts of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Restructuring of State-Owned Enterprises'." Among the concept stocks, there are some industry sectors and concept sectors that are obviously stagnant. I think... there are still certain opportunities at present." Zhu Tianyang said, "I think we can still properly carry out some stocks in the process of reducing positions and taking profits. Treated differently.

And there is...

I think the core concepts and themes of "Asia-Europe Economic Belt", "New Era Road, Maritime Silk Road", and "Reform and Restructuring of Central Enterprises and State-owned Enterprises" are all important strategic concepts in the direction of macroeconomics. It should not be a short-to-medium-term hype concept like a previous good concept, but a long-term hype and expected effect.

I think the main lines of these major concepts and themes, even if the short-term sentiment peaks, the accumulation of profit margins is too heavy and needs to be cleaned up.

Well, after the profit taking clears.

That is to say, after these major core lines have undergone shock corrections and possible in-depth adjustments, there are still speculation and investment opportunities.

Especially in this round of relatively stagnant sectors, I think the follow-up investment opportunities and speculation opportunities are higher.

For example, the high-speed rail construction sector that has become my country's foreign business card. "

Su Yu responded with a smile: "Tianyang, you are right, but in this market, regardless of the size of the funds, we can't choose multiple opportunities at the same time, and can only focus on one aspect to operate.

It is true that under the macroeconomic strategic plan formulated by the state.

As the core of the "big infrastructure" strategy, these major market lines must still exist for a long time in the future.

But when we look at the present, it is obvious that there is a main market with more cost-effective and investment space.

In this way, when we choose to focus on the direction.

Then we must focus on investing in the main line with more investment space and more cost-effective.

The expectation of such a line of "big infrastructure construction" is still strengthening in the future, and after the current emotional climax of this line in the market, this big main line has undergone certain adjustments, and the internal bargaining chip structure has been readjusted to solve the current accumulation process. If there is a heavy profit taking problem, then...we will have time to switch the position back.

It's like the main line of 'technological growth' last year and early this year.

Until now……

I have never denied that the line of "technological growth" still has strong expectations and performance fulfillment capabilities.

It's just that, as traders, while we have a long-term vision, we still focus on the changes in the current market conditions and implement trading strategies!
Those who participate in market transactions, regardless of retail investors, hot money, or institutions.

Their sole purpose is to make money and profit.

In this way, the funds entering the market will inevitably converge to the main line areas where it is easier to make money, more likely to have poor expectations, and more able to condense the effect of continuous money-making, that is, the market always fluctuates in the direction of least resistance.

In terms of operation, we also have to follow this basic logic and underlying operational thinking.

Otherwise, it is possible to do a roller coaster ride in the market fluctuations, or like many investors in the market, earning index but not making money. "

"Okay, Mr. Su, I understand!" After listening to Su Yu's analysis, Zhu Tianyang felt a little enlightenment, nodded and responded.

Everyone discussed and analyzed each other.

After Su Yu analyzed the market conditions, he gave orders to the trading teams to change their trading strategies.

The lunch break passed in a flash, and the two cities ushered in the afternoon trading session.

I saw the emotional brewing at noon and the influence of the news.

The core indexes of the Shanghai Stock Exchange Index, Shenzhen Index, and ChiNext Index, after entering 1 o'clock in the trading hours, jumped up for a while in an instant, setting new intraday highs again.

At the same time, when the index breaks upward.

As the main line of 'infrastructure' and 'military industry' with the strongest market sentiment and expectations.

As well as "Asia-Europe Economic Belt", "New Era Road, Maritime Silk Road", "Reform and Reorganization of Central Enterprises and State-owned Enterprises" and other core concepts and themes related to the concept sector and industry sector, they have also risen rapidly, setting new intraday highs simultaneously .

The 'Yuhang No. 4' fund product has begun to gradually build positions in the securities sector.

And even the main direction of the whole 'big finance'.

However, when the market index breaks upwards, and the core main lines of the market such as 'infrastructure' and 'military industry' continue to gather popularity and emotions, and continue to siphon active funds from the market, they also continue to maintain weak shocks. It is not seen that the main funds continue to make joint efforts in this direction.

(End of this chapter)