For example, you go to the market to buy cabbage, and the cabbage dealer says 1 yuan /500g, and you are willing to accept the other party's offer. This is called active purchase. On the contrary, you said that I want 0.8 yuan /500g to buy cabbage, and you can only buy cabbage if someone is willing to sell it at this price. This is the so-called passive purchase.
Active buying is also the usual capital inflow, indicating that investors are optimistic about the stock market outlook; Passive buying, also known as capital outflow, means that investors are not optimistic about the stock market outlook, so when looking at stock market buying, we should learn to distinguish between active buying and passive buying. If the active buying capital is greater than the passive buying capital, it means that the buyer has the upper hand.
The stock market is the place where stocks are issued and traded, including the issuance market and the circulation market. By issuing shares to the society, the joint-stock company quickly concentrates a large amount of funds to realize the scale operation of production; The scattered surplus funds in the society invest in joint-stock companies on the principle of "income * * *, risk * * *" to seek wealth appreciation.
1, the function of circulation market:
The stock circulation market includes all activities of stock circulation. The existence and development of the stock circulation market has created a good financing environment for stock issuers, and investors can buy and sell stocks at any time according to their own investment plans and market changes. Because investors' worries have been relieved, they can participate in the subscription activities of the stock issuance market with confidence, which is conducive to the company's long-term fund raising and smooth stock circulation, and has also played a positive role in promoting stock issuance.
For investors, through the activities of the stock circulation market, they can make short-term and long-term investments, and stocks can be converted between cash and stocks at any time to enhance the liquidity and security of stocks.
The price in the stock circulation market is a barometer of economic trends, which can sensitively reflect the changes of capital supply and demand, market supply and demand, industry prospects and political situation, and is an important index for forecasting and analysis. For enterprises, the transfer of equity and the fluctuation of the stock market are indicators of their operating conditions, and they can also provide enterprises with a lot of information in time, which is conducive to the improvement of their business decisions and management. It can be seen that the stock circulation market plays an important role.
2. Stock trading methods
The method and form of transferring stocks for trading is called trading mode, which is the basic link of stock circulation trading. There are many trading methods in the modern stock circulation market, which can be divided into the following three categories from different angles:
(1) bargaining and bidding
From the different prices determined by buyers and sellers, it can be divided into bargaining and bidding. Bargaining is a one-on-one interview between buyers and sellers, and a business transaction is reached through bargaining. It is a common way in over-the-counter trading. Generally, it is used when the stock cannot be listed, the trading volume is small, it needs to be kept secret or in order to save commission.
Bidding refers to the fact that both buyers and sellers are groups composed of several people, and both sides openly conduct two-way competitive transactions, that is, there is not only competition between buyers and sellers, but also fierce competition within buyers and sellers, and finally the highest bidder and the lowest bidder conduct transactions. In this kind of competition, the buyer can choose the seller freely, and the seller can also choose the buyer freely, which makes the transaction fairer and the price more reasonable. Bidding is the main way for stock exchange to buy and sell stocks.
(2) Direct transactions and indirect transactions
According to the different ways of reaching a transaction, it can be divided into direct transaction and indirect transaction. Direct trading is direct negotiation between buyers and sellers, and stocks are also cleared and delivered by buyers and sellers themselves. There is no intermediary involved in the whole trading process. Most over-the-counter transactions are direct transactions. Indirect trading is a trading method in which buyers and sellers do not meet directly, but entrust an intermediary to buy and sell stocks. The broker system of the stock exchange is a typical indirect transaction.
(3) Spot trading and futures trading
According to the different delivery periods, it can be divided into spot trading and futures trading. Spot trading refers to the settlement procedures immediately after the stock transaction is completed, and the currency and goods are liquidated on the spot. Futures trading is a kind of trading method to settle the stock after a certain period of time according to the price and quantity stipulated in the contract.