Chapter 254: To Run or Not to Run_2
On the other end of the phone, Zhuo Libin thought to himself, you're asking me, who should I ask? But he was very aware of Tao Yaoyang's mood and anger at this moment because he himself was in a bad mood, with a fire burning inside but nowhere to vent it.
To be honest, Zhuo Libin had more right to question Tao Yaoyang. After all, he was supposed to give Tao Yaoyang a consultation fee of 5 million, but given the current situation, he definitely didn't want to pay up if things stayed like this.
"I don't know either. We can only blame our bad luck. If he had told us just an hour earlier—no, just half an hour earlier—we wouldn't have bought in. Ah, this luck is terrible!"
Seeing the current downward trend of the stock, it's almost a foregone conclusion that it will hit the daily limit today, which means that the ten million he spent on this stock will lose a million. Damn it! Zhuo Libin felt like swearing.
"Damn it!" Tao Yaoyang also swore in frustration, completely losing his cultured demeanor, and in a very unpleasant tone, he said to Zhuo Libin, "Now give me professional advice. Should we sell this stock tomorrow to stop the loss? Also, to be safe, should the other four stocks be sold tomorrow as well?"
Zhuo Libin looked troubled after hearing this and hesitated before saying, "I'm sorry! I really can't give you any advice right now. This... is up to you to decide. I can only say, given the current situation, if you're not in urgent need of money, to be cautious, it's better to pull out first."
This was a very cautious suggestion from Zhuo Libin, who was planning to sell all five stocks he bought right after the market opened tomorrow to stop the losses in time.
As the general manager of a securities subcompany, the most important quality is to be prudent, absolutely not aggressive, or else trouble is inevitable sooner or later.
The most important quality in stock trading, much like in gambling, is to know when to cash in on gains and when to run on losses; to resist temptation and stop losses in time.
Zhuo Libin had a relatively calm and open mindset regarding this.
From another angle, he lost a million on this stock today, but there are gains of several hundred thousand on the other four stocks, so in total, he only lost several hundred thousand. If he sells to stop losses tomorrow, he can afford to lose those hundreds of thousands.
Tao Yaoyang's mentality was different. He was very optimistic about that tech company this time, and it was not easy for him to pull the strings and get hold of original shares. By the time the company succeeds in its IPO, his net worth would multiply several times. How could he give up just because he's short on money?
"President Zhuo, from your professional perspective, will these five stocks go up again?"
"That's hard to say. I could talk nonsense to others, but to you, I have to be honest. Stocks are really hard to predict unless you have real insider information, you know what I mean?"
"Okay, I get it. I'll think about it and let you know."
"Alright, Mr. Tao, think it over carefully before making a decision."
"Mm, thanks, I'll treat you to dinner next time."
"You're welcome."
After hanging up, Tao Yaoyang nearly smashed his new phone again, but this time he finally controlled his emotions, first wiping the blood from his face and mouth with a tissue, then opening the cigar box on his desk, taking out a cut cigar, roasting it with a match, and lighting it.
After this routine and taking a drag of cigar smoke into his lungs, his emotions finally began to settle down.
Thinking carefully, although the current situation wasn't good, it wasn't a complete loss yet. He still had the chance to follow Chen Feng in making profits. After all, the other four stocks had not been sold by Chen Feng yet.
Moreover, except for the stock that Chen Feng sold today, the rest are still rising.
After a round of self-consolation, Tao Yaoyang's mood finally improved a bit.
However, he also knew this wasn't very secure, especially after experiencing Chen Feng's sudden sell-off; he really didn't feel any sense of security.
So, after a careful deliberation in the study, he decided to test the waters with Chen Feng.
After drafting in his mind for a while, Tao Yaoyang finally put down the cigar in his mouth, picked up his phone, took a deep breath, found Chen Feng's number, and called him.
"Chen Feng, it's me. Do you have time tonight? Let's meet up and get together again?"
Chen Feng didn't expect Tao Yaoyang to actually invite him again, which seemed a bit too frequent since they had just had dinner at Wenhua Inn yesterday.
"Sorry, I don't have time tonight."
Chen Feng refused naturally; although he knew Tao Yaoyang had a formidable background, he really didn't plan on currying favor with him. He just wanted to live his small life well. Being prosperous and peaceful was enough, there was no need to expand his social circle deliberately.
Tao Yaoyang wasn't surprised when Chen Feng declined, because he already knew Chen Feng was very low-key, so he went along with it and said, "That's a pity. I wanted to ask for some advice tonight."
"What kind of advice?" Chen Feng asked, somewhat puzzled.
Tao Yaoyang laughed and said, "Mainly in two aspects, one is your skills and techniques for picking up girls. Last night I could see that the four women you brought were all interested in you. Especially Hong Xiaodan, she's a rich and beautiful girl, comes from a wealthy family, and she's chasing after you. I really don't know how you do it, and I want to learn from you.
The other thing is, I know you trade stocks full-time and seem to be very good at it, otherwise, you wouldn't be able to afford the villa like Zhixin and me, right? So, I'd like to get some advice from you, preferably a few stock recommendations. I can pay you a consultation fee, or simply a commission. What do you say?"
When it came to picking up girls, Chen Feng really didn't know, because he had always been straightforward and masculine. Except for having pursued Liu Ying back in his freshman year, he hadn't seriously pursued any other women, including his ex-wife Shen Lin, who were mostly the ones who pursued him.
As for his stock trading ability, he didn't need to say more, there was no special trick? It was entirely due to his Lucky Attribute and incredible luck.
"You've come to the wrong person. I've barely ever pursued girls; rather, they come to pursue me. As for stock trading, believe it or not, I'm just average, just always had relatively good luck. So, it's really hard to give you stock picks or any experience."
Hearing this, Tao Yaoyang was so angry he nearly swore, thinking to himself, "You call this luck? This is clearly cheating, an insider transaction."
"Chen Feng, it's rare for me to ask for your help on this small matter, you can't refuse, can you? Forget about your skills with girls, but in terms of trading stocks, you need to help me a bit. I hope you can recommend at least two stocks to me. Don't worry, you'll definitely get your consultation fee and commission."