In 1995, an era when the economy was not very developed, if China wanted to trade stocks, they could only go to large stock exchanges in various places.
Or come to the brokerage business offices opened by major securities companies in various places.
However, due to limited conditions, it is not very meaningful to open a securities business department in a county where the economy is not very developed.
After all, there are few rich people here, and there are even fewer people who are rich and know how to come here to trade stocks, so it is just a futile effort for them to open a brokerage business department in the county.
As the only brokerage sales department in the city of Jilin, Zhengda Securities Sales Department does a decent job.
However, the sales department manager Wu Zhongtian was not in a good mood at this time, because the market was not very good during this period, and not many people came to their brokerage sales department to invest in stocks.
In other words, his performance as a manager is getting worse and worse.
Wu Zhongtian walked out of the manager's office and looked at the customers in the sales department, feeling a headache.
"Manager Wu."
A shout interrupted Wu Zhongtian's random thoughts. Wu Zhongtian turned around and saw a young man standing next to him.
Wu Zhongtian asked: "What's wrong?"
The young man smiled and said: "Manager Wu, I want to open a stock trading account in your Zhengda Securities Sales Department."
Wu Zhongtian looked at the young man in front of him and asked doubtfully: "Are you sure?"
Yang Jianguang nodded and said, "Of course.
I have heard before that your CP brokerage has the function of opening a stock trading account, so I want to open it as soon as possible while I can still make some money."
Wu Zhongtian shook his head and said: "It's unlikely. Although Zhengda Securities does have this function, as far as I know, the cost of opening a stock trading account is relatively high."
When he said this, Wu Zhongtian couldn't help but glance at Yang Guang.
You don't look very old at your age. Are you sure you can bear this risk?
Although Wu Zhongtian is eager to improve the business of his brokerage business department and improve his performance.
But it is impossible to just let others come to his brokerage business department to open an account.
The young man in front of me looks so young. Whether he is an adult or not is another question.
Besides, what if he is an adult?
Stock trading is no joke. If he loses a little more at that time, this kind of young man will become even more impatient and may even make trouble for him to return his money.
What's more, at such a young age, he doesn't look like a wealthy person. I'm afraid that just a few hundred or tens of dollars to come to the sales office of his brokerage to buy stocks may not even be enough for him to open a trading account.
Yang Jianguang on the side smiled slightly and said: "It doesn't matter, I am willing to take all risks."
After Yang Jianguang finished speaking, he took out his bank card from his pocket and put it in front of Wu Zhongtian.
Seeing the bank card, Wu Zhongtian's face suddenly became heavy, and Yang Jianguang's intention of taking out the bank card was clearly revealed.
Wu Zhongtian said in his heart that this boy really came to him to open a ticket account.
But Wu Zhongtian was a little hesitant.
If it had been anyone else, he would have accepted it without saying a word, but for this young man, he really didn't dare to accept it.
At this moment, Yang Jianguang's voice rang out again.
"Don't worry, Manager Wu.
You don’t have to worry about whether I will make money or lose money, I said, I will bear all risks."
"At the same time, I would like to apply to your brokerage sales department to help me activate stock leverage. It is my first time to play today, so you can open a triple leverage for me to test the waters."
I heard Yang Jianguang’s words.
Wu Zhongtian even believed that this young man was here to cause trouble.
In other words, this young man doesn't even know what stock trading is.
I just think stock trading is fun.
Want to give it a try.
The people who come to him to trade stocks are either rich or noble, least of all with tens of thousands or twenty thousand in their pockets.
But people still don’t dare to activate any stock leverage.
This young man is very good. When he came up, he was told to give him three times the leverage.
Why try it out for the first time? This is just a joke.
According to what you mean, if you play a few more times, wouldn't you want to open a 10x leverage?
I’m afraid ordinary people may not necessarily know what it means to use leverage for stock trading.
In the stock market, the only legal way to increase leverage for stock trading is to open margin trading.
Generally speaking, opening margin trading requires two years of trading experience, and a capital threshold of 500,000 average daily assets for 20 trading days. After opening, financing or securities lending is equivalent to increasing leverage.
Of course, the current regulations on the opening of margin trading and securities lending are not very strict. Prefecture-level city securities companies like his can also open business departments, and some restrictions can be skipped.
The advantage of enabling leverage is that if you originally only had 10,000 funds to speculate in stocks, as long as you activate triple leverage, it is equivalent to having 30,000 funds for you to operate.
This greatly alleviates the shortcomings of some people's lack of initial capital for stock trading. If you are bolder and activate ten times leverage, it is equivalent to being able to control 100,000 funds for you at one time.
And the most important thing is that although stock leverage sounds good, its shortcomings are more obvious.
Because your funds increase, you lose money faster.
For example, if you activate 10 times leverage, your position will be automatically closed after your loss reaches 10%, and your 10,000 funds will be lost.
Tell the truth.
Wu Zhongtian doesn't care at all if others come to him to open leverage and lose money. Opening leverage means that the scale of funds in the operation is larger, and his commission will be larger. He even wants others to open leverage.
But they are not fools either.
It is common to lose 10% in stock trading. If there is a sharp drop, all your principal will be lost.
No matter how crazy a person is, they will not casually engage in leveraged stock trading unless that person is seeking death.
Therefore, for Wu Zhongtian, few people came to his sales department to activate stock leverage throughout the year.
The most important thing is, Yang Jianguang, a young man, also said that he would bear all risks. Where did he get the courage?
If all the compensation is lost, who will be responsible?
Thinking of this, Wu Zhongtian frowned and said: "Once the leverage is activated, it is equivalent to gambling.
If you don't do it right, you'll lose everything."
"Young man, it's not easy to make a little money these days. If you are really interested in stock trading, you can come to my computer to simulate stock trading."
At this moment, Wu Zhongtian no longer wanted to talk to Yang Jianguang in front of him.
This young man with his eyes above his head obviously doesn't know how troublesome the stock market is.
The market has been so bad recently, with more than 70% of stocks falling, and he doesn't want to have to fight this young man to death again later.
However, Yang Jianguang didn't seem to see what Wu Zhongtian meant, and instead continued.
"It doesn't matter. Since I chose to start this game, I am already ready for everything."
This made Wu Zhongtian angry, and he said unceremoniously.
"Okay, to open an account at our brokerage business department, you need to top up at least 100,000 yuan."
"Young man, how much money did you bring?
Are you still here to speculate in stocks?”
Naturally, you don’t need 100,000 funds to open an account normally.
However, Wu Zhongtian didn't want to talk to Yang Jianguang anymore, so he deliberately set such a high condition.
Not many people in Kyrgyzstan can afford 100,000 yuan in cash.
How much money can such a young man earn?
When Wu Zhongtian thought that Yang Jianguang would retreat naturally, upon hearing these words, Yang Jianguang took out his bank card without hesitation.
"Okay, I have 8 million in this card. You can recharge it into my account first."
"As long as you know, come back quickly...wait a minute, how much do you say, 8 million?"