Chapter 895 Up! Up! Up!
There is no limit on the rise and fall of the US stock market.
my country's A-shares have limits on the rise and fall of a stock that day is limited to positive and negative 10%, and st stocks are positive and negative 5%.
US stock market trading rules, 9:30 a.m. to 4:00 a.m. in the daylight saving time; 10:30 a.m. to 5:00 a.m. in non-daylight saving time; a total of 6 and a half hours.
There is no limit on the number of trading in the US stock market, and 1 stock is OK, and there is no handling fee.
After lunch, the teacher led by the school arranged for students to have their own activities, allowing them to experience the atmosphere on the New York Stock Exchange, and repeatedly reminded: "You can buy and sell stocks, but you must think twice. Don't buy too much in the same stock. Try your luck first and be familiar with the operation of stock trading. Even if you value a certain check stock very much, you cannot buy too much at once. You can buy a little every day, so as to minimize the risk."
Of course, those who can come to Harvard Business School to study for a master's degree are smart people, but they are like mountains. They are not smart people who are good at everything and will not be deceived.
It makes sense for the boss to give such advice.
All the classmates knew that Yang Fei was a big boss, so they all came to ask which stock he should buy?
Yang Fei pointed to the stocks he bought and said, "I can't give too much advice on buying stocks. I can only tell you that I just bought 15 million US dollars in this stock! You can do whatever you want."
Unfortunately, this stock is still falling.
The decline is very low, but it falls very steadily, so that people can't see hope.
The students looked at each other, who originally wanted to refer to Yang Fei's opinions, but when they saw him buying such a bear stock, they smiled in a compliment, and then scattered around and went to choose the stocks they wanted to buy to practice.
Yang Fei smiled and said, these classmates are indeed all human beings, and they can't even bear to follow up!
The trading hall was crowded with people and the sound was buzzing.
In an era when electronic trading was not yet popular, there were much more people in the exchange than in later generations.
Yang Fei bought the stocks, so he was not in a hurry and found Qian Weihao to chat.
"What I feel most deeply after I came to the New York Stock Exchange is that there are so many rich people!" Qian Weihao smiled, "Look at this tide of people, who are not so rich that they are so busy?"
Yang Fei said seriously: "Weihao, you and I can hear it. Are you working here with a deep emotion?"
"Emotion?" Qian Weihao asked in surprise, "What emotions?"
"Maybe you didn't understand it yourself," said Yang Fei. "Those who come here to trade stocks are not people who are too busy with money. Stock trading is a way to make money. Stock markets and securities have long become the most important indicators of modern finance. You are engaged in this industry but do not realize this problem very well. I think this is very serious."
Qian Weihao held his chin with his hands, pondering and silent.
Yang Fei said: "Also, when you said that just now, your tone was obviously teasing. What's wrong with the rich? Their money was not blown by the strong wind. Without hard work and hard work, and without the efforts of ordinary people, how could they become rich? Even if they are rich second generations, their reincarnation skills are at least better than us, and their father's generation has also worked hard."
Qian Weihao nodded: "It makes sense. No wonder you can get rich, but I am just a working person, and your thoughts are unique."
Yang Fei said: "Many things will not be understood until middle-aged."
"Middle-aged? Mr. Yang, you are younger than me!"
"Haha, I'm familiar with it early. By the way, I often hear people say that when I come to the New York Stock Exchange to ring the bell or go to the Nasdaq to ring the bell. Where is the bell? When I visited just now, I didn't see a bell."
"Ringing the bell is an image name," Qian Weihao pointed to a small balcony and smiled, "Here, that's where the New York Stock Exchange rings the bell."
The bell ringing platform of the New York Stock Exchange is actually a small indoor balcony. The roof of the New York Stock Exchange is very high. Standing on this small balcony, you can see all the mountains and feel very domineering.
Of course, there are not many people in such a small balcony, and anyone who goes up will be booked at the beginning.
Nasdaq is like a radio studio. The bell ringing station is a large podium. It is not a problem to stand thirty or fifty people on it. When the bell rings, someone will rush up to take a photo, and it will not be stopped.
The Nasdaq and the New York Stock Exchange are actually very close, both on the island of Manhattan in New York, not far away.
Nasdaq gets off at Times Square Station on Metro Line 3, Wall Street gets off at Wall Street Station on Metro Line 3, and there are only 6 stops in the middle and it can be reached in 18 minutes.
The difference between the two is that Nasdaq is in Times Square, with a specific location of 165 Broadway, New York, and the New York Stock Exchange is in Wall Street, with a specific location of 11 Wall Street.
Yang Fei didn't understand these things and was ashamed to ask questions. It was faster than looking for them slowly and exploring them.
Qian Weihao introduced the similarities and differences between the two companies and said with a smile: "It seems that the domestic exchanges only have Shenzhen Stock Exchanges, right?"
Yang Fei smiled and said, "I know this. The Shanghai Stock Exchange is ringing a small gong, and the Hong Kong Stock Exchange is ringing a big gong. Only the Shenzhen Stock Exchange does have a big bell."
Qian Weihao suddenly shouted excitedly: "It's rising! It's rising!"
Yang Fei also saw that the stock he bought in the morning began to rise!
"Rise!Rise!" Qian Weihao was as happy as if he had won the prize, shouting constantly, as if the stock could really rise as soon as he shouted.
Yang Fei calmly looked at the stocks he bought and kept jumping upwards.
Lines of red or green data on the screen intertwined and flashed in front of your eyes.
Everyone pushed the wall down, and everyone bought the stocks up.
Once a certain stock shows a rise, small market makers and retail investors will flock in.
The stocks bought by Yang Fei have been rising all the way.
When he bought it, it was ten dollars per share.
By 4:30 pm, it had risen to thirty dollars per share!
This increase makes people crazy!
In a stock market without a daily limit, how many people jumped off the building in one day, and how many people made money to become billionaires?
Yang Fei sighed: "Evil capitalism! This stock has risen so well!"
"Weihao, sell!" Yang Fei ordered calmly.
"Mr. Yang? It's still rising!" Qian Weihao said, "Wait a little longer?"
It is non-daylight saving time and the stock market ends at 5 pm.
There is still half an hour before the end time.
Yang Fei said in a doubtless tone: "Take it out! Hurry!"
Qian Weihao said: "Mr. Yang, there is still a rise, everyone is buying it!"
Yang Fei glared at him and said indifferently: "Weihao, if you want to help me do things, you have to learn to be obedient."
Qian Weihao was stunned and didn't dare to say anything more. He immediately ran to fill out the form and threw it out.
When he submitted it, it was already 4:40 pm.
"All sold?" Yang Fei made sure.
"Listen to your orders and sell them all."
Qian Weihao said, looking at the rising stocks, he couldn't help but shake his head secretly, thinking that Yang Fei is still too young after all, and he dare not take a big gamble!
At this rate of increase, just wait ten minutes and you will earn at least one million more!
Yang Fei smiled slightly, "Just throw it away! I'll treat you tonight!"
Chapter completed!